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Check Out The Huge Number Of People Who Are Being Cut Off From Unemployment Benefits(3+ million)
Business Insider ^ | 07/09/10 | Henry Blodget

Posted on 07/09/2010 7:40:06 AM PDT by TigerLikesRooster

Check Out The Huge Number Of People Who Are Being Cut Off From Unemployment Benefits


(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: benefit; unemployment
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1 posted on 07/09/2010 7:40:09 AM PDT by TigerLikesRooster
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To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...

P!


2 posted on 07/09/2010 7:40:42 AM PDT by TigerLikesRooster (The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
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To: TigerLikesRooster

So, based on the way statistics are calculated, the unemployment rate will drop.

This is good news.

(obviously sarcasm!)


3 posted on 07/09/2010 7:42:17 AM PDT by Vermont Lt (I lived in VT for four years. That was enough.)
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To: TigerLikesRooster

would like to see how many end up with jobs in 60 days, and how many become entrepreneurs within 120


4 posted on 07/09/2010 7:45:44 AM PDT by silverleaf (Those who can make you believe absurdities can make you commit atrocities.)
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To: TigerLikesRooster

I have a sense that these folks aren’t “deadbeats” who really had no interest in working. I believe most are well educated, skilled and formerly hard-working individuals. How are these people coping? Is there any realistic hope on the horizon?


5 posted on 07/09/2010 7:48:40 AM PDT by The Sons of Liberty (The usurper 0bama regime is a "Clear and Present Danger" to AMERICA! - Mene, Mene, Tekel, Upharsin)
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To: Vermont Lt
So, based on the way statistics are calculated, the unemployment rate will drop. This is good news. (obviously sarcasm!)

Obviously this is ALL Bush's fault!!!

Obama listed Republican policies that he said led to economic disaster: lower taxes for millionaires and billionaires, fewer rules and regulations for the biggest corporations, and decisions that "cut working people loose."

This is all we are going to hear out boy king's pie hole until Nov 2, 2010. American CITIZENS hate all the negativity spewed by this President (not mine) and I am hopeulf this backfires on Nov 2 big time. Show us what you have done for us zer0!!!
6 posted on 07/09/2010 7:51:19 AM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: TigerLikesRooster

Has anybody memo-ed the CEO of WAAAAHMBULANCES ‘R US?


7 posted on 07/09/2010 7:51:55 AM PDT by GladesGuru (In a society predicated upon freedom, it is essential to examine principles,)
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To: TigerLikesRooster

Obama regime rejoices at the drop in the unemployment rate!


8 posted on 07/09/2010 7:51:55 AM PDT by Tempest (I give up)
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To: Vermont Lt

You mean it as sarcasm, but he Obastard administration will tout “lower” unemployment numbers as PROOF that Rat policies are working!


9 posted on 07/09/2010 7:52:07 AM PDT by Blood of Tyrants (The US will not die with a whimper. It will die with thundering applause from the left.)
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To: Vermont Lt

That’s exactly how the unemployment number dropped last week.

Of course 450,000 new unemployment claims for last week are to be ignored.


10 posted on 07/09/2010 7:53:07 AM PDT by Carley (For those who fought for it, freedom has a flavor the protected will never know.)
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To: The Sons of Liberty

How long should unemployment benefits be paid? Isn’t 99 weeks, almost two years, enough?


11 posted on 07/09/2010 7:53:43 AM PDT by kabar
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To: silverleaf

Yep. Unemployment is some states is as much as $628 per week. In the South $628 a week is more than most people’s paycheck.


12 posted on 07/09/2010 7:54:51 AM PDT by Blood of Tyrants (The US will not die with a whimper. It will die with thundering applause from the left.)
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To: silverleaf

Yeah they were probably sitting around doing nothing and had no interest in improving their situation until the government cut them off... < /sarcasm >


13 posted on 07/09/2010 7:55:01 AM PDT by Tempest (I give up)
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To: Vermont Lt

Actually this has to be very bad news for Barry and friends. If people are forced off unemployment, they’re going to have to move from the “given up looking” column to the “looking and unemployed” column and that should impact the mythical 9.7%.


14 posted on 07/09/2010 7:55:04 AM PDT by throwback ( The object of opening the mind, as of opening the mouth, is to shut it again on something solid)
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To: TigerLikesRooster

Those being cut off must face the reality that tomorrow is not yesterday. The weaning off unemployment is necessary for continued life.

Their job, the one from which they were laid off, is gone. It will be no more. Hope for staying in the same old rut is a vain rationalization.

If there are no more jobs locally and if the ability or initiative to make one’s own job is lacking, the only option is to move to a location where there is work.


15 posted on 07/09/2010 7:56:02 AM PDT by bert (K.E. N.P. N.C. +12 ..... The winds of war are freshening)
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To: TigerLikesRooster

If they stimulus had kept the unemployment rate below 8% like they said it would, we wouldn’t have this problem. Now they want us to fork over some more money to cover their incompetence. Again.


16 posted on 07/09/2010 7:58:00 AM PDT by tacticalogic ("Oh bother!" said Pooh, as he chambered his last round.)
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To: The Sons of Liberty

When unemployment benefits keep getting extended forever, at a certain point it stops being insurance benefits and starts being welfare. Also, unemployment benefits are obviously, at least at the margins, a disincentive to take a lower-paid, less attractive job than the one that was lost. Thus, extending unemployment benefits has to got to have at least some negative effect on the employment numbers. And I don’t recall where in the Constitution it says that it is responsibility of federal taxpayers to pay money to those across America who are out of work. If a state wants to set up and pay for unemployment benefits, then certainly they can, but I don’t see this as a federal responsibility. (Which is is not at all to say that the economy is doing well, that Zero isn’t mishandling it horribly, etc...)


17 posted on 07/09/2010 7:58:44 AM PDT by Stingray51
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To: TigerLikesRooster

Welcome to “hope and change”....Jack Squat Barry style......be sure to send out your yearly “Thank you for the Social Justice Dictator” cards to those idiots that voted for his arse, kkthx. =.=


18 posted on 07/09/2010 7:59:54 AM PDT by cranked
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To: kabar

“How long should unemployment benefits be paid? Isn’t 99 weeks, almost two years, enough?”

I have the same concern, but I also have concern about this many folks being cut off at the same time. Desperate people may act in desperate ways.


19 posted on 07/09/2010 8:01:56 AM PDT by DonaldC (A nation cannot stand in the absence of religious principle.)
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To: Tempest

Some are. I have a family member that considers unemployement insurance to be vacation pay. He will not look for work until the checks stop.

Is everyone on unemployement like this, no.

The problem I see with unemployement insurance is that it can turn into another welfare program. Once on, difficult for people to give up.

There should be a time limit. Two years should be enough time to secure another job (even at minimu wage).

I am not heartless, but compassion can be the death of a society if it allows it to get out of hand. This is why charity should be a private thing, controlled by private groups not governments. They then will be able to better sort the needy from the greedy.


20 posted on 07/09/2010 8:01:56 AM PDT by CIB-173RDABN
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