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Friday, January 17, 2014

"How Government Wages War On The Poor,' Wall Street Journal


Alan: When witless austerity comes in to play, the last cut is always reserved for the nation's throat.

"If it seems strange to claim that the federal government has become more anti-poor than anti-poverty, consider these recent or current policies...Emergency unemployment compensation ended for 1.3 million jobless Americans just after Christmas. Unless it is restored, as Democrats are now struggling to do, another 3.6 million will lose their benefits this year. Scaling back unemployment compensation is a highly efficient way to create more poor people. Never has the government terminated such benefits while jobs were so scarce. Last month's acclaimed bipartisan budget deal included cuts in food stamps, though not nearly as much as Republicans sought." Alan S. Blinder in The Wall Street Journal.


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