The Beatings Will Continue Until Morale Improves

Because austerity. It is a religion, not grounded in any sense but markets! and Hayek! and of course, contempt if not outright hatred of the lower classes.

Update: Extended unemployment benefits

Not extending unemployment benefits is a clear policy error, and extending the program has widespread support.  This why doesn't Congress extend the program this week? 

http://www.calculatedriskblog.com/2014/01/update-extended-unemployment-benefits.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+CalculatedRisk+%28Calculated+Risk%29