Thursday, November 18, 2010

A Hedge Fund Republic? - NYTimes.com

A Hedge Fund Republic? - NYTimes.com


In contrast, a study commissioned by the Labor Department during the Bush administration makes clear the job-creation power of unemployment benefits because that money is immediately spent. The study suggested that the current recession would have been 18 percent worse without unemployment insurance and that this spending preserved 1.6 million jobs in each quarter

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