Tag Archives: Gene Sperling

New year brings old argument over jobless insurance

Dear U.S. Senators:

Good morning and happy new year. Welcome back to the same ol’ same ol’ fights among yourselves and with the White House. The issue today is unemployment insurance.

First, a question: Will you do the right thing and extend unemployment insurance for long-term unemployed Americans for another three months?

If you do, you will make about 1.3 million Americans quite happy as they continue to find work in an economy that is recovering, but is in a still-fragile state of recovery. If you do not, then you will incur their wrath at the next election.

http://www.realclearpolitics.com/articles/2014/01/07/showdown_set_on_unemployment_bill_in_senate_121150.html

And that election, by the way, is coming up this year for about one-third of you. Every single seat in the House of Representatives is up for election, so your friends on the other end of the Capitol Building have their own concerns about this bill.

I hope some of you heard Gene Sperling, one of President Obama’s economic advisers, this weekend on “Meet the Press.” Sperling made a critical point about this extension, which was that during President Bush’s two terms in office immediately preceding Barack Obama’s time there, Congress approved the jobless insurance extension five times without adding “pay for” provisions to them.

The country’s debt load was heavy then as well, in case you don’t recall. Now, however, some of you — chiefly Republicans — say they would approve extending the benefits only if Congress can come up with spending cuts to pay for them. Why now? Why not when President Bush was asking for the extension? This kind of heartlessness reminds me of when, in 2011, some of your House colleagues said the same thing about providing emergency relief for victims of the killer tornado that tore Joplin, Mo., apart.

Let’s not play that game now, ladies and gentlemen. Americans out here are suffering. They need some assistance while they keep looking for work.

Are you on their side or aren’t you?

Get busy. Do the right thing.