Monday, July 11, 2011

As Government Aid Fades, So May the Recovery - NYTimes.com

As Government Aid Fades, So May the Recovery - NYTimes.com: "Because benefit payments tend to be spent right away to cover basic needs like food and rent, they provide a direct boost to consumer spending. In a study for the Labor Department, Wayne Vroman, an economist at the Urban Institute, estimated that every $1 paid in jobless benefits generated as much as $2 in the economy."

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