Rush Limbaugh was pretty fired up about my interview earlier this week with Cato's Alan Reynolds. Alan and I were discussing whether extending unemployment benefits ultimately leads to a higher rate of unemployment.
As Alan put it to me, there's "an awful lot of research that says the intensity of job search really picks up in the last four weeks or so before the benefits run out." So if you're collecting $30,000 a year in benefits, you're in no "real big hurry to get off of that gravy train."
Click here for the transcript and to read what Rush had to say.