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The automatic stabilizer is unemployment insurance, food stamps, additional coverage of Medicaid.
Franklin Raines
4 Likes
Unemployment quotes
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They keep extending these unemployment benefits to the point where people are afraid to go out and get a job, because the job doesn't pay as much as the unemployment benefit does.
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The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.
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