This one comes from the WSJ's Real Time Economics. A staggering 2.2 million people will lose their unemployment benefits if an extension is not passed. That means 2.2 million people who've received federal aid for the past 99 weeks (almost 2 years!) will be without a paycheck of any kind. We know as economists though that people respond to incentives. In your opinion do unemployment benefits keep people from working, or is this a necessary safety net? If you were the policymaker would you allow people to receive benefits for longer?
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