The unemployed will SAVE money if we “give” it to them? HUH???!

Rep. John Shaddeg of (surprise, surprise) Arizona thinks that extending unemployment benefits will basically take money OUT of the economy because unemployed people will SAVE money rather than spending it and that it’s not the spending of money that moves the economy. No shit. Here he is on MSNBC’s Morning Joe yesterday being asked a question by Mike Barnicle: BARNICLE: […]

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