Juan Williams on Unemployment Insurance

Juan Williams explains how continuing unemployment insurance is hurting the unemployed by keeping them from working and thus losing their work ethic, losing their values and also not dressing well or getting up from bed in the morning and thus not able to get a job

From Talking Points Memo

Therefore recessions are caused by people becoming lazy and all booms are caused by people developing better work ethics. The Austrian Slacker Cycle if you will.