Subsidizing Unemployment

As we've begun to emerge from the Great Recession, one of the hottest debates in Washington involves the net effect of dramatically extended unemployment benefits. So how will this debate play out, and what are the implications for employers, taxpayers, investors, and the unemployed? We'll provide the answers.

Harvard economist Robert Barro recently wrote an article in The Wall Street Journal¹ analyzing the Obama administration's decision to extend unemployment insurance from 26 weeks to 9.....