Here's the top hit on the White House website for costs of long-term 
unemployment:

http://www.whitehouse.gov/blog/2011/10/21/how-do-we-help-long-term-unemployed

> At some point, the time you spend looking for a job itself becomes an 
> impediment to finding work. Your skills erode and potential employers begin 
> question to why other businesses haven't hired you.
> 
> Long-term unemployment is more than just a personal crisis. It can cause 
> lasting and significant damage to the nation's economy.

Bernanke wins on empathy.

Doug
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