Wednesday, December 01, 2010

Today's idiocy

MANIFESTO

Seasons greetings from your legislature, oh great unwashed:
Thousands of Americans are set to begin losing unemployment benefits after Congress failed to agree on extending aid to the long-term unemployed.

In a replay of a dispute earlier this year, lawmakers are deadlocked over how to finance an extension even as the aid starts to lapse. Democrats yesterday offered to extend benefits for a year, with the $56 billion cost financed with borrowed money.

Republicans balked, demanding the extension be offset with savings elsewhere in the government’s budget ...

The government spent about $160 billion on unemployment benefits in the fiscal year that ended Sept 30, or about what it cost to run the wars in Iraq and Afghanistan.
There's obviously a lesson here, but those who have ears can't hear it.

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