Casey Mulligan on unemployment benefits

I like the style of Prof. Mulligan. The evidence is clearly stated and the argumentation is not misleading.

My caveat to his reasoning is: wouldn't we want to wait until bad times are passed to return to pre recession uemployment benefits?

Or is his argumentation deeper than what is exposed in the post and I have not realized?


Supply and Demand (in that order): Millions Caught by the Social Safety Net: Copyright, The New York Times Company Despite the severe recession, relatively few people saw their living standards fall into poverty, th...