Posted on 12/08/2010 8:42:16 PM PST by USALiberty
"I don’t think we needed to negotiate that aspect of this thing away. I don’t think we need to extend unemployment any further without paying for it, and without making some modifications [b]such as turning it into a loan at some point. It then encourages people to go back to work.[/b]"
(Excerpt) Read more at news.yahoo.com ...
Sure and what happens when they default like the mortgages.
Making it a loan is a great idea. Sure would weed out the true freeloaders.
let the starting point be determined by how long you've worked and how much you made. Then at some point like 26 or 26 weeks it gets cut by a percentage. After a year it gets cut again. Maybe when a person is first hired at a new job they could even continue to get a small percentage of UI to help build up momentum and cash flow as their are likely to be bills in arrears or obligations that have been set aside.
Yup. Tie strings on that baby, and even if 1/3 find it too conditional, they'll play it straight. THAT is a savings.
Either that or it’s f’n welfare.
Speaking of loans, why not use all the “profit” the government supposedly gained in their loans to banks and GM?
Speaking of loans, why not use all the “profit” the government supposedly gained in their loans to banks and GM?
You just garnish their wages and seize their tax returns when the do go back to work until they are paid back.
‘Progressives’ compare the bailout for wall street to help for main street but forget the interest rates as high as 18.
Just recently, Treasury made $12B on its sale of Citi stock. Where is it?
Making UI extensions loans would be genius! (as the first 26 weeks is covered by employer/employee)
Sweet! Put another log on the fire!
As someone in the military I speak from experience when I say: when you owe the government money, they get it.
Make any extended UI a loan similar to the student loan program...it is with you until you pay it back or until you die. Like federal tax obligations a student loan can not be discharged through bankruptcy. This, or some iteration of it, would discourage at least some folks from viewing extended unemployment as subsidized time off. At the same time nail all the employers who have illegals filling their facilities and open these jobs to our fellow citizens.
“DeMint comes out against tax deal, says GOP must do ‘better than this’ (MAKE UI A LOAN! GREAT IDEA!)”
yes I actually posted this link just the other day on a FR thread
http://heritage.org/Research/Commentary/2010/08/We-Should-Give-the-Poor-a-Greater-Stake-in-Prosperity
>Sure would weed out the true freeloaders.
True freeloaders would NEVER pay back. :)
The fake ones would.
It’s late.
It’s not like welfare and food stamps wouldn’t be an option for 99’ers. Democrats act like ending those benefits would amount to starving them. This should be a non-issue.
My $0.2 as a former veterans and welfare/food stamp career counselor (they shifted me around as needed) from 1983-2000. Those who want to find a job or have pressure at home to find one usually do within the first 3-6 months. Those who have a support system that allows them to be picky (spouse with good job, AFDC/TANF aka “Welfare” benefits or under-the-table money) will take their time. This is true even in the low unemployment state that I worked in. Back then, we gave out “green card” introductions to the employers when they had a job listed with us and I had a jobseeker for them. At 4:30PM I’d sometimes find them in the trash can or cigarette can outside our main door. I made a note of the ones who pulled this and either only gave them the lesser job referrals or somewhat cut them off.
The welfare moms whom I taught a jobseeking class to were usually the worst, and in many cases YOU & I HAD ALREADY PAID FOR THEM TO GO TO COLLEGE!! “I can’t find a job” sounds kinda lame when most high school DROPOUTS are working!!
Even now, as a recruiter, I have a hard time finding people for a very large mortgage employer (who actually pays a draw + commission + benefits, very unusual) or my other client, a large OTR trucking company. I only make commission, myself! You’d think in the middle of the greatest recession since FDR that my phone would be ringing off the hook. Nope! I hear all these “you can’t buy a job” stories in the media, but my clients are hiring and having a tough time finding people. Weird. The trucking firm will TRAIN someone in many cases!!
It seems like unemployment “insurance” is simply ensuring unemployment in many cases.
How about encouraging people to set aside their own money into a savings account so that they have 6 to 12 months (or more....it’s your decision) of living expenses in the bank.
"Loan" language would just be a hollow gesture. Just as the FORCED Mortgage Loans to un-qualified buyers that we had, now we can have "loans" that will NEVER be repaid; except via Taxpayers being forced to pay off the lenders, again. People who use un-employment, welfare, food stamps, etc. as a sole means of income for generations will NOT have a problem with unemployment payments added to their cash flow.
Drug-testing, work-fare, etc. should be used to get these people into meaningful productivess, instead of living off others.
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