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Gary Ross

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Gary Ross: A Novel Approach: Using Unemployment Benefits as a Means for Stimulus

Now that the stimulus plan has passed, the second guessing has already begun: It wasn't enough. it won't be effective. It isn't directly stimulative. Well, if it wasn't sufficient, it's going to be very hard to get more money out of congress considering the opposition to this one. In light of that, here's a stimulus idea that costs almost nothing: Why not allow recently laid off workers to apply their unemployment benefits toward their next job in the form of a voucher? In other words, let them (if they so choose) subsidize a portion of their next salary by underwriting a chunk of it with their benefit.

 

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