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  Gregg: We Should Cut Off Extended Unemployment Benefits ‘Right Now’
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Last EditedRP  May 24, 2010 03:41pm
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News DateMonday, May 24, 2010 09:40:00 PM UTC0:0
DescriptionQ: Senator Gregg, is there a point, you think, when the government has to sort of end these ever-continuing claims?

Gregg: Yeah, right now. This week, however, we’re going to extend it again. And this has become counterproductive. We’re basically undermining the cyclical event. Because you’re out of the recession, you’re starting to see growth and you’re clearly going to dampen the capacity of that growth if you basically keep an economy that encourages people to, rather than go out and look for work, to stay on unemployment. Yes, it’s important to do that up to a certain level, but at some point you’ve got to acknowledge that we’re not Europe
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