Heck no...I'm not sugggesting a perpetual unemployment extension. I am suggesting that there are plenty of other places the government 'could' cut if they really wanted to pay for these benefits, which they don't (want to). But that's neither here nor there
I am merely saying to those of you freepers that keep making blanket statements... things like 'the unemployment benefits disincentivize the unemployed from looking for work' that it's just not so. People, or rather...most people, on unemployment benefits 'right now' are not having a party..... and when the benefits have run out, the only other option for most, in order to survive is welfare, which only benefits people that have children. Single, childless, over 50 Americans will probably camp out under overpasses (it's gonna get awfully congested).
To go from working your entire life....and working your way up to making $50,000/year...to no job in less than two years, no income and ergo, no roof over your head, is no frickin party. The incentive is to keep that roof over your head and ergo, to look for and find a job. But since there are no jobs out there, at least for the over-50 crowd, the job search is just futile.
Just trying to get the message to some here who have made untrue and rather insulting statements about the currently unemployed and dependent on unemployment benefits. Have a little compassion, a little understanding and please don't blanket condemn your fellow freepers who happen to be caught up in this unfortunate situation. Okay?
I could not have said it better myself; except to say that if it is tough for the "over 50s", then it is insurmountably tougher for the "over 60s" (of course, the over 60s are a subset of the "over 50s, aren't they??).
Absolutely superb comments tho.
And....IMHO....unemployment benefits should be extended until the private sector jobs lost (and continuing to be lost) during this depression are safely recovered.