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http://www.economy.com/mark-zandi/d...e-Committee-Unemployment Insurance-041410.pdf
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It is also important that policymakers provide emergency benefits to those who will lose their jobs this year. No form of the fiscal stimulus has proved more effective during the past two years than emergency UI benefits, providing a bang for the buck of 1.61that is, for every $1 in UI benefits, GDP one year later is increased by an estimated $1.61 (see Table 1).viii
Mark Zandi is chief economist of Moody's Analytics, where he directs research and consulting. Moody's Analytics, a subsidiary of Moody's Corporation, is a leading provider of economic research, data and analytical tools.
Mark Zandi, Chief Economist — Moody's Economy.com
About Moody's Corporation
Moody's Economy.com is a division of Moody's Analytics. Moody's Analytics is a leading provider of research, data, and analytic tools that support the needs of fixed income and credit professionals worldwide. Moody's Analytics is a subsidiary of Moodys Corporation (NYSE: MCO), which employs approximately 3,000 people worldwide and had revenue of $2.259 billion in 2007.
Moody's Economy.com - About Us
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The bottom line - cutting taxes for the rich won't help the economy.
Go to page 5:
It is also important that policymakers provide emergency benefits to those who will lose their jobs this year. No form of the fiscal stimulus has proved more effective during the past two years than emergency UI benefits, providing a bang for the buck of 1.61that is, for every $1 in UI benefits, GDP one year later is increased by an estimated $1.61 (see Table 1).viii
Mark Zandi is chief economist of Moody's Analytics, where he directs research and consulting. Moody's Analytics, a subsidiary of Moody's Corporation, is a leading provider of economic research, data and analytical tools.
Mark Zandi, Chief Economist — Moody's Economy.com
About Moody's Corporation
Moody's Economy.com is a division of Moody's Analytics. Moody's Analytics is a leading provider of research, data, and analytic tools that support the needs of fixed income and credit professionals worldwide. Moody's Analytics is a subsidiary of Moodys Corporation (NYSE: MCO), which employs approximately 3,000 people worldwide and had revenue of $2.259 billion in 2007.
Moody's Economy.com - About Us
------------------------------------------
The bottom line - cutting taxes for the rich won't help the economy.