40 Million People Lived Off Unemployment? Everyone Start Hoarding!

“The White House made the case on Thursday that cutting off unemployment benefits would actually result in hundreds of thousands of more unemployed Americans.” Ooh, hundreds of thousands? That’s all you’ve got to scare Republicans into extending unemployment? Nice try! I mean, only 40 million people benefitted from unemployment since December 2007. (That’s 14 million recipients, plus their households.) Besides, last week 436,000 applied for unemployment. Which is actually not far off from the two-year low! So what’s a few hundred thousand more unemployed people?