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To: Wyatt's Torch
"Special thought also should be given to the long-term unemployed. Skill degradation and workplace bias might mean a rising tide won’t lift their boats. AEI economist Kevin Hassett recommend policymakers investigate a number of options, including tax subsidies for hiring, workplace sharing programs, and helping workers move to areas with higher job growth."

Agree. Programs like those would be a much better investment than Extended UI, SNAP, TANF, SSI, SSDI, Medicaid, and Disability Medicare.

In many cases, Extended UI failed, because either the economy did not recover fast enough, or due to structural changes in the economy. "Waiting out the recession" is no longer a viable strategy.

But the rapid growth in people dropping out of the workforce and dropping into the disability welfare system, is something that will be very hard to undo.

57 posted on 04/26/2013 9:12:49 AM PDT by magellan
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To: magellan

“But the rapid growth in people dropping out of the workforce and dropping into the disability welfare system, is something that will be very hard to undo.”

Agree given the upcoming demographic challenges and that the government is literally recruiting to put people on disability. We face long term structural and political issues that are going to be huge inhibitors to growth.


58 posted on 04/26/2013 9:24:20 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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