Tuesday, March 2, 2010

Quote of the Day

Nina Easton, Washington Bureau Chief, Fortune magazine, speaking as a panelist on the Fox News Special Report with Bret Baier. The transcript appears in RealClearPolitics. Her topic is the extension of unemployment benefits, being held up by Sen. Jim Bunning of Kentucky:
Economists found out, who study this stuff historically, find that it - continually to extend them contributes to high unemployment rate because people wait to the last minute. They wait until their benefits are about to run out before they take a less desirable job, before they decide to move, before they decide to, you know, go to a job that they wouldn't otherwise take.
FYI: Nina Easton was the designated liberal on the panel this particular evening, a role she often fills.