Detailed text transcripts for TV channel - FOXNEWS - 20100720:20:05:00
>> neil: we do not know the economists with whom the speaker was speaking but it was probably not peter, who says extending benefits makes things worse. explain. >> i went to school for eight years and i took some is hundred hours of economics from 30 or 40 professors, liberals, conservatives, not one ever said to me unemployment benefits were the most important form of stimulus that you can have. history shows us whenever we've had long recessions, extending unemployment benefits encourage people to stay out of work longer, giving people money, they spend it. if she believes it, take it out o...
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