Pelosi: Unemployment Checks Fastest Way to Create Jobs
“It injects demand into the economy,” Pelosi said, arguing that when families have money to spend it keeps the economy churning. “It creates jobs faster than almost any other initiative you can name.”
I was recently unemployed and received benefits. Though greatly appreciated, it was never enough to pay bills, let alone “inject demand into the economy” as Nancy puts it.
Don’t get me wrong, there are millions of people who desperately need this money to just get by, as we were not that long ago, and I hope Congress finds a way to help those in need. Unfortunately, politicians like Nancy Pelosi are mis-characterizing the issue, which invites justifiable criticism, which means the benefits will have a harder road for approval.