Run time: 03:35
https://www.youtube.com/watch?v=fF-sXrlMjg4
Posted on YouTube: November 14, 2010
By YouTube Member: lessions4u2learn
Views on YouTube: 4
Posted on DU: November 14, 2010
By DU Member: Joanne98
Views on DU: 633 |
Spending $65 billion on unemployment insurance extensions will increase GDP by an estimated $104.7 billion, which is roughly 0.7 percent of our $14.7 trillion GDP. This increase in GDP translates into 488,000 payroll jobs. In other words, extending the federally funded unemployment insurance extensions through 2011 would not only be a lifeline to the families of millions of unemployed workers, it also supports spending responsible for the existence of nearly half a million jobs.