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To: Chi-townChief

Pay for unemployment, and that’s what you’ll get.

Government subsidies retard the completely necessary process of capital reorganization.


17 posted on 03/02/2010 11:01:31 AM PST by swain_forkbeard (Rationality may not be sufficient, but it is necessary.)
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To: swain_forkbeard

The states used to administer their own unemployment insurance funds, then the feds took that over, requiring every business to pay 6.2% of each employees payroll up to the first $7000.00 ($434.00) for each worker. Once all the bureaucrats skim off the top, what is left goes back to the states. Most states also have their own funds which require more money from employers. The unemployed today receive up to $350.00 per week for 99 weeks. The $434.00 per worker goes nowhere near funding the millions of unemployed who I am sure would rather be working at a meaningful job.


34 posted on 03/02/2010 12:16:08 PM PST by Semperfiwife (I, my children and my grandchildren are NOT Obama's ATM!!!!)
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