"Carneynomics"

The Nobel committee is considering Mr. Carney for their next prize in economics. Why just think how many jobs could be created if more people were unemployed...uh...wait...

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"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.