Thus raising a question I saw posed on Facebook:

"Why is it easier to believe that 150,000,000 Americans are being lazy rather than 400 Americans are being greedy?"

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********************************************
Norman W. Hawker
Professor, Finance & Commercial Law
Haworth College of Business
Western Michigan University
Kalamazoo, MI 49008-5420

On Nov 9, 2011, at 9:20 AM, Michael O'Hara wrote:

> ALSBTALK:
> 
> What caught my eye was the that abstract's last sentence, especially all of the text following the second comma and within that clause its second half.  
> 
> The entire last sentence reads as follows.  "The estimates imply that UI benefit extensions raised the unemployment rate in early 2011 by only about 0.1-0.5 percentage points, much less than is implied by previous analyses, with at least half of this effect attributable to reduced labor force exit among the unemployed rather than to the changes in reemployment rates that are of greater policy concern."
> 
> Michael
> 
> Professor Michael J. O'Hara, J.D., Ph.D.
> Finance, Banking, & Law Department
> College of Business Administration
> Mammel Hall 228 
> University of Nebraska at Omaha
> 6708 Pine Street 
> Omaha  NE  68182-0048
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> (402) 554 - 2823 voice  fax (402) 554 - 2680
> http://cba.unomaha.edu/faculty/mohara/web/ohara.htm