02/19/2012 12:08 pm ET

Better In Theory: A Popular Unemployment Fix May Not Work

For the rollout of its 2013 federal budget, the White House could have chosen a medical lab, an electric-car factory or a symbol of any other key item in its spending plan. As it turned out, President Obama jogged into the gym of Northern Virginia Community College to deliver his budget message this past week. “I’ve been here so many times,” he deadpanned, “I’m about three credits short of graduation.”

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