Facing Tough Economic Realities (Letter to the Editor)

Facing Tough Economic Realities (Letter to the Editor)

July 08, 2010
Originally published in The New York Times

Paul Krugman is at a loss to explain why some people oppose extending unemployment benefits. One reason people hold such an opinion is that when government subsidizes something, there tends to be more of it. 

The more government subsidizes unemployment, the more people will indulge in it for longer periods of time.