duh!
Threats of taxes ,fee’s bank takeovers, manufacturing takeovers ,threats from the epa,glo bull warming ,cap and tax,increasing government will keep jobs turned off.
But you take the unemployment payments away from 8+ million people and this government would fall in six months with the folks doing things they normally would not do.
yep bad situation
>>I’m of two minds about this issue. What do you think?<<
The facts are pretty strong: many studies show that extending unemployment benefits extends unemployment.
As far as keeping a reserve fund goes. Well, I sacrificed (I have tube TVs in my house and a 12 year old ‘fridge for example — and pay cash for everything) to keep a 6 month cash reserve should the worst befall me. I also make it a point to keep my professional knowledge tools sharp and my contact list active.
It is a lot of work and going without. If people won’t do the same, they won’t get much sympathy from me. If you have a 60” flat screen in the parlor, 37” of same in the bedrooms, high speed internet, and Direct TV HD (with HD DVR) in every room then you (not you, 2DV, I mean the observer) can sink.
I know bad things happen — but how long is Mama Gummit (paid for by those of who DO look to the future) supposed to keep her teat out? 24 weeks? 52 weeks? 104 weeks? 208 weeks? Birth ‘till death?
No doubt in my mind the effect is real — not for everyone but for some. Have seen it among people I know.
I think it is especially likely when a household has two incomes and one person is laid off. When there is still a fulltime salary and benefits, the unemployment check may be enough of a supplement that the laid off person has little incentive to hunt for a job.
There is ample evidence that unemployment benefits extend unemployment. In this recession, a number of unemployed have received subsidized tuition to obtain a university degree while unemployed. This recession has been especially hard on white collar work in many areas. Jobs in the private sector are not being created at the rate that one would expect as the country emerges from a recession. The rats have put fear and loathing into the private sector.
Here is a reverse impact of unemployment insurance (UI). UI rates increase for firms that layoff workers. This perverse effect causes firms to be risk averse in hiring decisions. Firms postpone hiring decisions to avoid the UI penalty.
That which you subsidize you will get more of.
well, my thoughts on this would be the same for welfare in general as well. ANYONE receiving government supplemental income whether it’s unemployment, food stamps, HEALTH insurance (by the way the poor always had access to this, so where did they get their argument ?) and who is able bodied and of sound mind, should be forced to do community service. Help fix roads for free. How about making them hold the stop sign for 6 hours a day ? They should be out painting over graffiti etc... Seems like a cost effective way to save some money in local and state budgets. And the upside is it will deter many from slacking off in life. There is a job anywhere and people need to stop thinking that any job is beneath them. I’ve done some crappy jobs but it’s lead to my current place in time, without college too.
Is the Pope Catholic? OF COURSE IT PROLONGS IT.
It does I’m sure. However, there are no jobs out there now. If they yanked UI, then people would just be on the streets and so on. So in most cases it’s not a good idea to keep them going forever, but until things turn around there’s no way they should be stopped.
Under normal circumstances, yes. This is not normal circumstances. There isn’t a large number of unfilled positions out there and people just don’t apply. There are a lot of people who would gladly give the puny extended unemployment benefits for a real job.
Sometimes Freepers take a pre-depression idealogue and apply it to now. THINGS ARE NOT THE SAME!
When I lived in Michigan, I personally observed that every UAW worker I knew, milked their Unemployment benefits to the hilt. I see the same thing today in my home State; people do not even look for a job until their benefits are close to running out. FOR REAL!!!
Unemployment, unemployment. What a happy day!
Paid vacations, Greyhound stations full of people on their way.
Headin' south to Ol' Miami and that old sun deck.
Thank you boss for pork and beans and unemployment checks.
- Burl Ives, "Unemployment check"
I was working on my own as a consultant for a few years and that is a constant search for the next job. Nobody pays you until you're already doing the work. There were lean times when I was not finding much but no checks from the government when you're on you own. When my wife had some medical problems I had to go back to a salaried position as I couldn't afford the medical insurance any more.
I guess I'm lucky but mostly I'm ready for whatever comes. If I'm not working, I'm still working my ass off for the next job.
What part of "Moral Hazard" do they not understand?
My guess is the two major causes of continued unemployment in the face of economic recovery are (1) uncertainty about the effect of a commie congress and an anti-American president on the economic future and (2) Summers's point: why take a less-than-perfect employment opportunity when you can relax on welfare for 99 weeks?
Barring a serious turnaround next November, we are all stranded in Europe, volcano or not.
I would say no in this instance. I would say that democraps and the Obama adminstration prolong unemployment.
I’m of two minds as well. I would say that it depends on how comfortable one can be on unemployment.
I have two anecdotes - one was a guy I knew several years ago. Lived in Ohio. He was a union bricklayer. He would work just long enough to gain his unemployment benefit, and then stop working and collect state unemployment for as long as he could. When it was ready to run out, he’d go back to work. During the course of his unemployment “vacation”, he’d pick up the occasional side job, working for cash instead. In other words, he milked the system. And, I bet he voted for Obambi.
I have another friend that is in the building trades in Ohio. He’s been laid off for a few months now. His unemployment runs out in May, but he’s going to get an extension at that point. He says that as long as he can get unemployment ($400 per week), he can continue to pay his bills for 2 years, with the help of his savings. However, he says that he really doesn’t want to do this too much longer, and would rather be at work. He can’t stand Obama, and knows that if someone like Reagan were in office, we’d already be seeing some real recovery.