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Should The Goverment Increase Unemployment Benefits

770 words - 4 pages

Unemployment benefits have consistently been cited by economists as one of the most effective policies at spurring economic growth. I feel strongly that the government should increase and extend unemployment benefits. My reasons for feeling this way are as follows. Currently the unemployment rate is still high and increasing the benefits will allow unemployed people a chance to pay more of their bills. Benefits provide much-needed income support during this time when many Americans would otherwise be left unable to pay their rent or put food on the table. Unemployment benefits have consistently been cited by economists as one of the most effective policies at spurring economic growth. Every ...view middle of the document...

While the economy has pulled out of the depths, many job seekers continue to face longer periods of unemployment than ever before. Today the median length of unemployment is nearly 20 weeks and more than 40 percent of the unemployed have been out of work for six months or more. With more and more Americans finding that it takes a much longer time to find work than is allowed by state unemployment programs, it would be wise for Congress to increase the benefits.
Every week more than 2 million Americans receive an average emergency unemployment benefit check of about $300— money that is spent on rent or the mortgage and utilities, as well as in local supermarkets, pharmacies, gas stations, and newsstands. By increasing the amount of money that Americans put into their pockets. This in turn will allow Americans the ability to spend more money. This will allow for more job creations and economic growth. Spending money boosts the economy through taxes which is why everything is taxed. The taxed money adds up when everyone shops. If one is unemployed, they live on what is saved or what unemployment departments give them. Therefore, they do not have money to be frivolous, they only buy necessities. Also by not having the money to buy wants, not only needs, it means some business will have to cut...

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