Today’s new Labor Department report showing that the economy lost jobs last month, the first loss this year, seems in stark contrast to where the president and the Congress are focusing their attentions. Congress recessed without extending unemployment benefits, in large measure due to repeated Republican obstruction.
The economy is now presenting a strange dichotomy. The corporate sector has returned to rude health, with improved balance sheets and tons of cash. It has helped lead the recovery. (41)______.
And yet Washington’s response seems to be a collective throwing up of hands. There are a few things the government can do about persistent long-term unemployment. First, it can lessen the pain it causes by expanding the safety net, extending unemployment- insurance benefits so that the long-term unemployed have a source of cash to help them stay current on rent, mortgage, and credit card bills. Second, it can respond to persistent long-term unemploy
Today’s new Labor Department report showing that the economy lost jobs last month, the first loss this year, seems in stark contrast to where the president and the Congress are focusing their attentions. Congress recessed without extending unemployment benefits, in large measure due to repeated Republican obstruction.
The economy is now presenting a strange dichotomy. The corporate sector has returned to rude health, with improved balance sheets and tons of cash. It has helped lead the recovery. (41)______.
And yet Washington’s response seems to be a collective throwing up of hands. There are a few things the government can do about persistent long-term unemployment. First, it can lessen the pain it causes by expanding the safety net, extending unemployment- insurance benefits so that the long-term unemployed have a source of cash to help them stay current on rent, mortgage, and credit card bills. Second, it can respond to persistent long-term unemploy
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