Today there are more people out of work for six months or longer than anytime since WWII, signaling we haven’t rejuvinated the economy in the most meaningful way —- creating good jobs. Helping the long term unemployed to sustain and find work should be a bipartisan priority. While extending benefits comes at $25B annual cost, surely we should be able to find the money in a system that routinely wastes billions (GAO Finds Billions in Wasteful Duplicative Spending in 2013). But the problem with Washington is that every dollar in the budget is sacred because there is always a politician who will point to the pork as evidence he is doing his job. Monica discussed this and more with CNN’s Carol Costello and WSJ’s David Wessel.
CNN: Unemployment Benefit Extension Expires