Tuesday, January 28, 2014

Charts: Unemployment Benefits' Big Bang for the Buck

www.motherjones.com/politics/2014/01/unemployment-benefits-food-stamps-economic-impact
"Beyond helping Americans in need, economists say that programs like unemployment insurance and food stamps generate high returns on investment, especially during recessions. According to data from Moody's Analytics, every dollar spent on a temporary increase in food stamps contributes another $1.67 to the economy. A buck of extended unemployment kicks in $1.49. Compare that with the impact of a corporate tax cut—32 cents on the dollar."