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News Link • Economy - Economics USA

Pick your poison - 3,200,000 Losing Unemployment Benefits Now Or 12-1-10

By the end of July the number grows to 3.2mm. These are big numbers. This will show up on Wal-Mart’s sales. It will show up everywhere. Consumption will drop. Landlords will not get paid. Confidence will drop. Markets will drop. Federal and State revenues will drop. Deficits will rise. Debt will rise. These things will happen sooner versus later. H.R. 5618 just buys a few months.

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