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Unemployment: Who or What is to Blame?


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Expert Perspective from Grahall’s OmniMedia Editorial Board

At the risk of going “off the ranch” and getting into topics that are fraught with politics, our Editorial Board reviewed and discussed Robert Barro’s August 30, 2010 article for the Wall Street Journal (The Folly of Subsidizing Unemployment).

Mr. Barro had much blame to pass around for the continuing high unemployment in the US, landing most squarely on “the expansion of unemployment-insurance eligibility to as much as 99 weeks from the standard 26 weeks.” 

This may be an argument that only history will be able to resolve.   But from a “compensation” perspective, unemployment checks are a form of incentive pay. 
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