A 99er tier 5 unemployment extension could help consumer spending. According to an article about the performance of Best Buy in the New York Daily News, an analyst noted that stronger consumer spending was more incentive discount based driven and not an indicator of a strengthening economy.
He said "Real consumer spending will likely continue to grow at a subdued rate ... until job growth improves."
On the day after the final mid-term election primaries, many politicians are focused more on their campaign than the issues. Companies are suffering just as the jobless are suffering.
How many experts must speak out about the unemployment extension and the effects of unemployment before someone starts to take note? It’s sad but true that Washington has an agenda and that agenda is more important than American needs.
A Tier 5 unemployment extension would not only boost morale, it would create a situation where Americans can flourish once again. Job growth is needed in order to heal the economy, and this is the first logical step.