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A record number of americans are paying the bills with their new jobs bill, paying the bills with unemployment benefits for up to 99 weeks under the legislation. and although the average american only collects unemployment for about six months, more than 10 million people currently receiving the support. so is the money more of a handout or is this a much-needed helping hand or both? peter morici, professor at university of maryland school of business is here to give us a little more insight into this. when we talked about the last extension of jobless benefits, there were some concerns in was...

Is the money more of a handout or is this a much-needed helping hand, or both? peter mercy, professor of university maryland school of business is leer to give us more insight into this. when we talked about the last extension of jobless benefits, concerns in washington this was going on for too long as a cost of $10 billion a month that this can't go on forever. one economist from the university of chicago, several economists, one from chicago robert shimer said that 1.5 positive 2.3 million by his analysis stayed unemployed longer because they received jobless benefits. weigh in on this for ...

Unemployment benefits. an increasing number of people on the show have made the point that they feel that this extending of unemployment benefits is what is causing at least some people not to go out to get a job. the implication is that people like the tiny bit of money they get on unemployment benefits, and to get it without working means that they are not out there frying to get a job. a professor from university of chicago of economics with a well respected economics department, gentleman named robert shimer has been quoted as saying that he reckons that the current level of benefits proba...