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published Friday, November 6th, 2009

'Bad' news, 'good' news (sort of)

It is very bad news that unemployment in our country is around 9.8 percent. (Practically, "full employment" would be only about 5 percent.)

It is certainly bad that close to 15 million Americans need jobs at a time when only 3 million jobs will show up.

So it is good news for many that the Senate has voted -- 98-0 -- to extend unemployment benefits up to 20 more weeks for jobless people -- at a cost of about $24 billion!

We don't want anyone to suffer real privation. We need to do more of the things that encourage economic growth -- and quit doing so many of the things that depress our economy. It's not hard to define the bad things, but it is hard to do the right things.

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