ain't that the truth...“what i find wrong, on several levels, is that this group of people kept getting extensions while pretty much everybody else got 26 weeks and then turned away... what is it that makes this group get special treatment???”
I don’t think there is anything special about them. What’s special is the extra-special stupidity coming out of D.C and the state capitals
If you subsidize something (unemployment), you get more of it.
Unemployment benefits are essentially a mandatory insurance policy your employer and the employee are forced to pay on your behalf. You can’t opt out. So while you are employed this is in effect coming out of YOUR paycheck.
The correct way to handle unemployment is either:
- make the coverage optional so that the employer can pay more money up front to the employee.
- Pay out all benefits in one lump sum just like any other insurance settlement with a valid claim on a loss.
If paid in a lump sum most people would have incentive to find work immediately.
ain't that the truth...