I’m looking forward to the day when the US runs out of money to subsidize the unemployed. Then things will get really interesting for the ruling class.
There are the unemployed and there are the welfare moochers. Are some people in both camps? Sure. Are the majority of the unemployed part of the permanent or semi-permanent “gimme, gimme” class? Hard to say. Offer them a job at $8 or $9 an hour and it’s easier to separate the sheep from the goats. I worked at two different states’ unemployment offices for a total of about 15 years and with every week they were unemployed you could see their morale go down, and that was during low unemployment. Today’s situation is about 10X worse than then. When the food stamps, TANF, section 8 and Obamaphones give out, then you’ll see real rioting.
Wait 'til the EBT cards stop working at the 7-11's.
There is no need to look down on people who are unemployed.
Now on the other side it's a different story for those who habitually file for unemployment, because the can make more money including getting food stamps instead of looking for jobs and taking what they can get
“Im looking forward to the day when the US runs out of money to subsidize the unemployed. Then things will get really interesting for the ruling class.”
We have a while to go. Up to now we’ve only had redistribution of income. The assault on accumulated assets will begin soon. Already progressive academics and think tanks are spitting out papers about going after the 401K and IRA plans of the middle class. First step will be to protect the money from the ravages of the stock market. They’ll sweep the money into “protected” individual Social Security accounts invested in “safe” government bonds paying a “guaranteed’ 2 or 3%. Then, once they have the money in Social Security we’ll start hearing about fairness. The media and Democrat politicians will complain it isn’t “fair” some people have these special accounts while others don’t. Eventually there will be a clamor for Congress to pass a law taking the money in the individual accounts to make the Social Security system solvent for all.
No doubt we’ll be hearing calls to have inherited wealth taxed at 100% as well in the name of fairness. It isn’t fair for someone to receive a windfall when there are hungry people on the street or children to send to college.
Once the middle class is completely stripped of assets the wealthy, who have been funding the socialists for a century, will finally find themselves in the bullseye. The Hollywood elites earning tens of millions per year and living in fabulous home will find themselves the target of the fairness argument as will the millionaires and billionaires who have more than the need (Obama talks about “more than they need” frequently). When the truly wealthy come under attack they’ll find little sympathy from the impoverished former members of the middle class. In fact the masses will be cheering to have the wealthy enjoy the misery.