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Carney: Unemployment Benefits Could Create Up To 1 Million Jobs

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Uploaded on Aug 11, 2011

"I understand why extending unemployment insurance provides relief to people who need it, but how does that create jobs," Wall Street Journal's Laura Meckler asked Jay Carney Wednesday's WH briefing.

Carney responded: "Oh, uh, it is by, uh, I would expect a reporter from the Wall Street Journal would know this as part of the entrance exam."

"There are few other ways that can directly put money into the economy than applying unemployment insurance," Carney said.

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