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To: ARCADIA
Doing something? Like what?!

Improving skills, starting a new business, anything other than sit you backside blaming someone else.

By the way; how long can you stay afloat with unemployment compensation?

With economizing, as long as it lasts. With savings, you would still be able to live a non-monastic life -- without savings, you were a fool to not have prepared for such a possibilty. If you are so over-extended that you will go bankrupt and lose your house (which the original poster claimed was happening) if you are forced onto unemployment insurance for a few months, than you are in desparate need of a financial advisor.

53 posted on 04/09/2004 1:17:29 PM PDT by kevkrom (The John Kerry Songbook: www.imakrom.com/kerrysongs)
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To: kevkrom
I agree with the sitting on your backside part; that kind of isolation will have you thinking about putting a gun to your head in no time. But, the real issue is finding a way to become self supportive. Skills training for the sake of skills development is expensive, and until the market provides some indication perhaps wasteful.

Starting a small business sounds good, but most of them fail within a couple of years, and we haven't been doing much to provide breaks for small enterprise. Insurance requirements, license, permits and other fees, and ADA requirements are enough to choke the life out of many of them. It would be nice to provide some regulatory breaks for small startups; perhaps then it will catch on and we can do the same for larger businesses.

As far as unemployment benefits run; in my home state they will barely cover your COBRA fees. You are immediately reduced to savings, credit, and whatever you can beg off your familiy and friends.
73 posted on 04/09/2004 1:35:20 PM PDT by ARCADIA (Abuse of power comes as no surprise)
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