00:00:01.000 --> 00:00:04.000
EXTENSION BENFITS JOBLESS AND ECONOMY
00:00:04.000 --> 00:00:06.000
00:00:06.000 --> 00:00:07.000
00:00:07.000 --> 00:00:30.000
Our national political obsession with shrinking government regardless of the consequences on the lives
of citizens who are struggling to get by raises serious questions of responsibility to say nothing of
morality. The indifference so many elected officials have toward the poor - for blatant political advantage - is reprehensible.
00:00:30.000 --> 00:01:14.000
But what we find confounding, if only slightly less disheartening is the impact this politically-motivated indifference has on the overall economy. As Congress dithers through an apparent charade over extending unemployment benefits CNNMoney
reports that ending the benefits not only causes misery to the unemployed. But it slows growth of the economy by more than a tenth of a percent. So this Congress, battling for campaign dollars and talking
points is both extending the suffering of people in real need of help but also hurting an economy "that has been growing at a sluggish pace." Quite an accomplishment for the greatest do-nothing Congress in history.