Rand Paul on Jobs
PAUL: Well, I think what's really cruel is to have an economy that doesn't have jobs in it. So we have to talk about what policy creates jobs. With regard to unemployment insurance, I'm not opposed to unemployment insurance, I am opposed to having it without paying for it. I think it's wrong to borrow money from China or simply to print up money for it. But I'm not against having unemployment insurance. I do think, though, that the longer you have it, that it provides some disincentive to work, and that there are many studies that indicate this.
Q: But if this extension is paid for, you can support it
PAUL: Well, what I have always said is that it needs to be paid for, but we also need to do something for long-term unemployed people, and that is, we need to create something new that creates jobs.
PAUL: I do support unemployment benefits for the 26 weeks that they're paid for. If you extend it beyond that, you do a disservice to these workers. There was a study that came out a few months ago, and it said, if you have a worker that's been unemployed for 4 weeks and on unemployment insurance and one that's on 99 weeks, which would you hire? Every employer, nearly 100%, said they will always hire the person who's been out of work 4 weeks. When you allow people to be on unemployment insurance for 99 weeks, you're causing them to become part of this perpetual unemployed group in our economy. And while it seems good, it actually does a disservice to the people you're trying to help. You know, I don't doubt the president's motives. But black unemployment in America is double white unemployment. And it hasn't budged under this president.
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Mayor Rahm Emanuel(IL)
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Mayor Michael Bloomberg(I-NYC)