Copyrighted Image? DMCA | The US economy is losing up to a billion dollars a week because of the ??fiscally irresponsible ? decision to end long-term unemployment benefits, a Harvard economist said on Friday. Professor Lawrence Katz based his assessment on official forecasts of the impact to the economy of 1.3 million jobless Americans losing benefits.The 1.3 million affected Americans are losing on average $305 per week. In total, Democrats said $400m had been ??taken out of the pockets ? of job seekers across the country. |