The free free lunch

by Russ Roberts on April 13, 2010

in Stimulus

The Democratic Party put me on their mailing list and they sent me this clip today (among others). I think it’s supposed to make me feel good about expanding unemployment benefits. According to my Senator, Senator Cardin, every dollar of spending on unemployment benefits adds $1.50 to the economy. Magic. It’s clear what we should be doing. We need to extend unemployment benefits to the employed. I know. That’s the whole idea of stimulus…

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