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Unemployment extension unlikely; jobless file for last checks
Yahoo News ^ | 11/30/2010 | CNN Money

Posted on 11/30/2010 4:44:57 PM PST by The Magical Mischief Tour

Although the deadline to file for extended unemployment insurance is officially Nov. 30, many jobless have already filed their last claim for benefits.

And since lawmakers aren't likely to extend the deadline anytime soon, many more unemployed Americans will run out of their extended federal benefits in coming weeks. About 2 million people are expected to stop receiving checks in December.

Though President Obama on Tuesday called on Congress to extend unemployment benefits, lawmakers are still fighting over the expense. Sen. Max Baucus, a Montana Democrat, introduced a bill Monday night that would extend benefits through next year at a cost of $56.4 billion. But Republicans are likely to balk at the price tag.

While they debate, state unemployment agencies are very concerned about the impending end to these extended jobless payments, which they say people depend on to cover their rent and buy food.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events
KEYWORDS: benefits; bhoeconomy; insurance; unemployment; unemploymentbenefits
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1 posted on 11/30/2010 4:44:59 PM PST by The Magical Mischief Tour
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To: The Magical Mischief Tour

Stories recently about the spikes in burglaries, cops blaming it on the economy.

Now watch them really skyrocket.


2 posted on 11/30/2010 4:45:53 PM PST by The Magical Mischief Tour
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To: The Magical Mischief Tour

Empty bellies fuel revolutions......


3 posted on 11/30/2010 4:46:34 PM PST by Las Vegas Ron (Obama treats terrorists with kid gloves, American Citizens with rubber gloves)
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To: The Magical Mischief Tour

Ok so educate me here people go on unemployment and get a check every week. How come everyone seems to lose them on the same day?

Logic says, approx. 250,000 would lose a check every week, 99 weeks after they went on what is this co-terminus coverage?


4 posted on 11/30/2010 4:47:10 PM PST by edcoil ("Help the helpless, don't give a shit about the clueless.")
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To: The Magical Mischief Tour

This bill is as much about those who have jobs as those who do not.

What do people think those who have jobs will do once a safety net is pulled back in a fragile economy when millions of those with jobs are still worried about losing them?

Do people think they will spend more or spend less after seeing this?

And what are the ramifications of this for the broader economy?


5 posted on 11/30/2010 4:48:38 PM PST by Red in Blue PA (Planning on using 911? Google "Brittany Zimmerman")
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To: edcoil

After 26 weeks there are Tiers 1 through 4 followed by EB.

Tier 1= 20
Tier 2= 13
Tier 3= 13
Tier 4= 6

Whatever Tier you are on, you can finish.....but you cannot move to the next tier. So if you are not yet on Tier 1, you cannot move to it and instead will stop at 26 weeks.


6 posted on 11/30/2010 4:50:38 PM PST by Red in Blue PA (Planning on using 911? Google "Brittany Zimmerman")
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To: Red in Blue PA
And what are the ramifications of this for the broader economy?

Deadbeats will have to go to work. This will INCREASE the pressure to stop illegal hiring of foreigners as citizens will need those jobs. All for the good.

7 posted on 11/30/2010 4:51:45 PM PST by central_va (I won't be reconstructed, and I do not give a damn.)
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To: The Magical Mischief Tour

After 99 weeks they should go on Welfare. Anyone could get a job in 2 years.


8 posted on 11/30/2010 4:51:53 PM PST by screaminsunshine (Americanism vs Communism)
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To: The Magical Mischief Tour

High crime, soup lines, and radical socialist movements in our cities are about to begin.


9 posted on 11/30/2010 4:53:00 PM PST by Candor7 (Obama . fascist info..http://www.americanthinker.com/2009/05/barack_obama_ipthe_quintessentia_1.html)
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To: Red in Blue PA

It won’t be good, spending will drop out of need and fear.

Plus now we’ll have x number of millions who are unemployed, no jobs and none in sight who now have no money at all.

Do people honestly think these folks are going to magically disappear?

Hardly... they will find food, money and goods for the family.

And to make matters worse its Christmas time to boot.

Its going to get ugly


10 posted on 11/30/2010 4:53:46 PM PST by The Magical Mischief Tour
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To: central_va
Deadbeats will have to go to work.

No offense, but you are clueless. Most are not deadbeats.....they simply lost their jobs in an economy where there are 5 unemployed people for every single job.....see the JOLT report.

I usually do not wish ill on people, but honestly hope people like you experience the pain of unemployment sometime soon with comments like that.
11 posted on 11/30/2010 4:53:46 PM PST by Red in Blue PA (Planning on using 911? Google "Brittany Zimmerman")
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To: The Magical Mischief Tour

Plus.....many will simply move to welfare and food stamps. It’s now a shell game. Who is better able to handle the cost? Already hard-presssed States or the Federal govt?


12 posted on 11/30/2010 4:55:25 PM PST by Red in Blue PA (Planning on using 911? Google "Brittany Zimmerman")
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To: central_va
Deadbeats will have to go to work.

Your arrogance is sickening.

Where shall they go? What jobs? Where?

Its going to be hard to go back to work when there are hardly any jobs to be filled?

13 posted on 11/30/2010 4:56:54 PM PST by The Magical Mischief Tour
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To: Red in Blue PA
I usually do not wish ill on people, but honestly hope people like you experience the pain of unemployment sometime soon with comments like that.

I've been unemployed too so you don't know what you are talking about. It's too easy now. The reason why the illegal immigration problem hasn't been solved is because American citizens have been paid to sit on their asses while Julio and Maria are doing the jobs.

99 weeks is 2 YEARS. I could learn a new trade in half that time.

14 posted on 11/30/2010 4:59:06 PM PST by central_va (I won't be reconstructed, and I do not give a damn.)
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To: The Magical Mischief Tour
Its going to be hard to go back to work when there are hardly any jobs to be filled?

Get rid of the illegals, that will solve the problem.

15 posted on 11/30/2010 5:00:13 PM PST by central_va (I won't be reconstructed, and I do not give a damn.)
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To: central_va
It's too easy now

And all this time I was sending out resumes.....I should have just appreciated how easy I had it/sarc
16 posted on 11/30/2010 5:02:51 PM PST by Red in Blue PA (Planning on using 911? Google "Brittany Zimmerman")
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To: The Magical Mischief Tour

I was on extended unemployment the other year. I wanted a job more then a government check. I got no help from the government in finding a job etc but the did keep sending the checks. It sucked. I worked 3 part time jobs trying to get my feet in the door for full time. I finally found a full time job in a near by city and I am glad for it..


17 posted on 11/30/2010 5:02:59 PM PST by SECURE AMERICA
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To: Red in Blue PA

99 weeks is too long, in my opinion. Not working for that long makes people get used to being on the dole and less attractive as workers.

It is very strange that some people get 99 weeks of unemployment and others only 26. I have two acquaintances who were 99ers. Both found part time work within a few weeks of the end of their two year vacations. One said “God Bless Obama” when his UI was extended for the third time.

If 26 weeks isn’t enough maybe renew Tier 1, which takes you to 46 weeks, almost a year. If, after 46 weeks you haven’t found a job you need something to get you to take drastic action. Ending UI is that “something” for a lot of people, sad as that is.

After 46 weeks people should be considering moving to an area with a more vibrant economy, going for a different career, taking muliptle part time jobs, changing careers, or other fundamental different tactics than sending resumes out to 10 companies on Monster a week.


18 posted on 11/30/2010 5:03:04 PM PST by Jack Black ( Whatever is left of American patriotism is now identical with counter-revolution.)
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To: The Magical Mischief Tour

I’d like to see at least Fox interview our new reps, Boehner, in an explanation how taxcuts for ALL will help new jobs get created. Otherwise, it just looks cruel by our side, even though we all know it’s not. If Fox won’t put a camera in front of our side, no one will.


19 posted on 11/30/2010 5:03:24 PM PST by CincyRichieRich (Keep your head up and keep moving forward!)
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To: central_va
Get rid of the illegals, that will solve the problem.

Agree.....where is the petition?
20 posted on 11/30/2010 5:03:36 PM PST by Red in Blue PA (Planning on using 911? Google "Brittany Zimmerman")
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To: Las Vegas Ron; The Magical Mischief Tour
Empty bellies fuel revolutions......

Give them a rifle and send them to Mordor on the Potomac, where their real enemy resides.

21 posted on 11/30/2010 5:04:56 PM PST by DTogo (High time to bring back the Sons of Liberty !!)
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To: screaminsunshine
Anyone could get a job in 2 years.

I've been out 4 years.

22 posted on 11/30/2010 5:07:06 PM PST by null and void (We are now in day 678 of our national holiday from reality. - 0bama really isn't one of US.)
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To: Las Vegas Ron

“The French Revolution”

by Nesta H. Webster

a good read


23 posted on 11/30/2010 5:08:01 PM PST by silentreignofheroes
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To: Red in Blue PA

OK, so if everyone is on different weeks, how come the media is saying everyone ends together?


24 posted on 11/30/2010 5:09:17 PM PST by edcoil ("Help the helpless, don't give a shit about the clueless.")
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To: edcoil

Everyone ends whatever Tier they are on. If you are at 25 weeks as of tonight, you get a max of 26 weeks. If you are on Tier 1, you will get a total of 46 weeks.


25 posted on 11/30/2010 5:11:10 PM PST by Red in Blue PA (Planning on using 911? Google "Brittany Zimmerman")
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To: edcoil

Forogto to add, the notion that everyone who gets unemployment gets a guaranteed 99 weeks is a specious one. They work as Tiers, and must be approved every few months, and the final 20 weeks are only for high unemployment states. Most people will never even qualify for 99 weeks.

A lot of misinformation out there about unemployment benefits, with the unemployed made to be lazy, when that is not the case 90% of the time.


26 posted on 11/30/2010 5:16:00 PM PST by Red in Blue PA (Planning on using 911? Google "Brittany Zimmerman")
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To: The Magical Mischief Tour

I understand people want jobs in the same category that they had before....natural to want this. However it is not the reality of the world we live in now. You take a job that IS there...keep the cash flow going and drastically adjust your living to that.

The problem is people have spent beyond their means for so long that they will claim they can’t take a lower end job and meet the debt load they have accumulated...which is probably right. So do what you have to do to survive and take a job.....I just think the ego gets in the way far too much. You can be selective, still apply for that perfect job while you are working the dead end job.

I’ve watch two men in their forties pump gas and wait tables.....both prior were in managerial positions. Both with families. They did so until they found a better job. Neither liked doing so...but it brought home the bacon....even if they were accustomed to steak.


27 posted on 11/30/2010 5:16:00 PM PST by caww
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To: null and void
I've been out 4 years.

Ok, unless you have a handicap of some kind there are several possibilities:

  1. You are financially secure and don't really need a job except to assuage your ego
  2. You live on the street and you like the smell of wet cardboard and urine.
  3. You are a prostitute.(Technically you would not be unemployed)Ignore if you are male.
  4. You've been drawing benefits and live in your parents basement
  5. You've been "finding yourself"
  6. You've been studying "teach yourself Java" and having a hard time.
  7. Your wife makes a decent take.

28 posted on 11/30/2010 5:16:44 PM PST by central_va (I won't be reconstructed, and I do not give a damn.)
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To: Jack Black

If I was unemployed I would seriously look at moving to one of the states with low unemployment. Of course UI is a state benefit, and most states foolishly require people to remain in the state to collect it. So this basic step will not be taken until the benefit ends, be it week 26 or 99 or whatever the 99ers think it should be extended to now? (Permanant.)

In England it became permanant. The Dole. We’ve never had “the dole” in America. It did a lot to ruin England, and was one of Iron Maggies reforms was to pretty much end it. A close friend who grew up in England has buddies who are still mad that Maggie cut off the dole and ended their infinite vacation.

Another point, if you move from Las Vegas to Fargo, ND the cost of living is 7.5% lower. Especially if you are at the lower rung of salary this can make a difference. At higher levels pay tends to be less too, so it’s a wash.

1 NORTH DAKOTA 3.8
2 SOUTH DAKOTA 4.5
3 NEBRASKA 4.7
4 NEW HAMPSHIRE 5.4
5 VERMONT 5.7
6 HAWAII 6.4
7 IOWA 6.7
7 KANSAS 6.7
7 WYOMING 6.7
10 VIRGINIA 6.8
11 OKLAHOMA 6.9
12 MINNESOTA 7.1
13 MONTANA 7.3
14 MAINE 7.4
14 MARYLAND 7.4
16 UTAH 7.6
17 ARKANSAS 7.8
17 WISCONSIN 7.8
19 ALASKA 7.9
20 LOUISIANA 8.1
20 MASSACHUSETTS 8.1
20 TEXAS 8.1
23 DELAWARE 8.3
23 NEW YORK 8.3
25 COLORADO 8.4
25 NEW MEXICO 8.4
27 PENNSYLVANIA 8.8
28 ALABAMA 8.9
29 CONNECTICUT 9.1
29 IDAHO 9.1
29 WASHINGTON 9.1
32 NEW JERSEY 9.2
33 WEST VIRGINIA 9.3
34 MISSOURI 9.4
34 TENNESSEE 9.4
36 ARIZONA 9.5
37 NORTH CAROLINA 9.6
38 DISTRICT OF COLUMBIA 9.7
38 MISSISSIPPI 9.7
40 ILLINOIS 9.8
41 GEORGIA 9.9
41 INDIANA 9.9
41 OHIO 9.9
44 KENTUCKY 10.0
45 OREGON 10.5
46 SOUTH CAROLINA 10.7
47 RHODE ISLAND 11.4
48 FLORIDA 11.9
49 CALIFORNIA 12.4
50 MICHIGAN 12.8
51 NEVADA 14.2


29 posted on 11/30/2010 5:17:43 PM PST by Jack Black ( Whatever is left of American patriotism is now identical with counter-revolution.)
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To: caww
I understand people want jobs in the same category that they had before....natural to want this. However it is not the reality of the world we live in now. You take a job that IS there...keep the cash flow going and drastically adjust your living to that.

I have applied for basic positions well below where I was.....the problem is I cannot get interviews for them because they believe you are overqualified and will split at the first sign of something better. I have not gotten interviews for positions which I thought were "in the bag".....it has been eye opening to say the least.
30 posted on 11/30/2010 5:18:20 PM PST by Red in Blue PA (Planning on using 911? Google "Brittany Zimmerman")
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To: Las Vegas Ron

>>Empty bellies fuel revolutions......<<

Or, as Gerald Celente puts it, “When people lose everything, and have nothing to lose, they lose it.”

I think congress has been concerned for some time that with their last check, the unemployment recipients will purchase tar, feathers, pitchforks and torches.


31 posted on 11/30/2010 5:20:07 PM PST by RobRoy (The US Today: Revelation 18:4)
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To: Jack Black
If I was unemployed I would seriously look at moving to one of the states with low unemployment.

Great in theory.

I hear this all the time.

What if you have a wife who has a job? Make her quit, making two people out of work?

Do you have any idea what the cost is of selling a home, and renting a Uhaul to pack everything across the country?

In this economy, do you really believe a job even in a low unemployment state, is secure?
32 posted on 11/30/2010 5:21:49 PM PST by Red in Blue PA (Planning on using 911? Google "Brittany Zimmerman")
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To: All

“The most dangerous creation of any society is the man who has nothing to lose.”
— James Baldwin


33 posted on 11/30/2010 5:26:02 PM PST by The Magical Mischief Tour
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To: Red in Blue PA

“when that is not the case 90% of the time.”

I’d say 35% of the time.


34 posted on 11/30/2010 5:26:10 PM PST by edcoil ("Help the helpless, don't give a shit about the clueless.")
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To: The Magical Mischief Tour

Hope they were saving their spare change...


35 posted on 11/30/2010 5:28:27 PM PST by who knows what evil? (G-d saved more animals than people on the ark...www.siameserescue.org.)
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To: edcoil

Nonsense. I have met alot of unemployed people, and none wanted to be where they were.


36 posted on 11/30/2010 5:28:34 PM PST by Red in Blue PA (Planning on using 911? Google "Brittany Zimmerman")
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To: central_va

Every fast food joint seems to be staffed with mexicans and various central americans. They struggle with the language, but seem to work very hard. They seem happy to have these jobs. They did not steal these jobs from anyone. Most unemployed Americans have long rejected these type of jobs. When the unemployment stops it will just be a matter of time before repeating your order 3 and 4 times at McDonalds stops as well.


37 posted on 11/30/2010 5:32:17 PM PST by LeonardFMason
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To: central_va
Ok, unless you have a handicap of some kind

Only that I'm an engineer over 55.

there are several possibilities:

1. You are financially secure and don't really need a job except to assuage your ego

Not hardly. I did have a pretty good nest egg at the beginning of this, though.

2. You live on the street and you like the smell of wet cardboard and urine.

No and no.

3. You are a prostitute.(Technically you would not be unemployed)Ignore if you are male.

No and in the Bay Area being male is not a disqualification for that, ummm, position.

4. You've been drawing benefits and live in your parents basement

No and no. My unemployment ran out long enough ago that I didn't even qualify to be a 99er. My parents don't have a basement. I do.

5. You've been "finding yourself"

No. Never been lost in that sense, have been 'a mite bewildered' on occasion (Extra points if you know the reference)

6. You've been studying "teach yourself Java" and having a hard time.

AutoCAD. Not much demand for drafting wienies these days...

7. Your wife makes a decent take.

Divorced, thank God. Haven't missed a single child support payment. (although I did have the payment reduced, and was a few weeks late on a couple of them)

Have had the occasional consulting gig, am working for a start-up (we have yet to make a single payroll in two years) and have bought reconditioned and sold a mobile home and am looking for another. It's a far cry from sitting in a cleanroom peering through a microscope, but...

38 posted on 11/30/2010 5:32:53 PM PST by null and void (We are now in day 678 of our national holiday from reality. - 0bama really isn't one of US.)
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To: null and void

Maybe it’s time to get outta Kaliforny, Nully.

It’s bad out there!


39 posted on 11/30/2010 5:34:45 PM PST by derllak
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To: Red in Blue PA
Do you have any idea what the cost is of selling a home, and renting a Uhaul to pack everything across the country?

If I got the current fair market value for mine, instead of pocketing a check I'd owe the bank an additional $90,000.00

40 posted on 11/30/2010 5:35:42 PM PST by null and void (We are now in day 678 of our national holiday from reality. - 0bama really isn't one of US.)
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To: derllak

What? And let the eeeeeevil slime mom raise the kid in a hyperliberal household without having any moderating influence? No.


41 posted on 11/30/2010 5:39:31 PM PST by null and void (We are now in day 678 of our national holiday from reality. - 0bama really isn't one of US.)
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To: Red in Blue PA
What if you have a wife who has a job? Make her quit, making two people out of work?

Of course it all depends on many factors. In my case I think I'd go it alone at first, live very cheaply and try to send money home every week.

In general I wouldn't say it makes sense to go from 1 job to 0 on a hunch.

Do you have any idea what the cost is of selling a home, and renting a Uhaul to pack everything across the country?

Yes, I've done it several times. It may still be your best bet. You have to be brutally honest. It would be far better for a lot of people to sell the house now, even if it's for less than they wanted, to get rid of the debt which they will be completely unable to service.

The house isn't what it used to be, especially if it's in a dying economic zone (think places that went big for Obama and are over-burdened with structural problems like California or simply crashed like Las Vegas.) Without the house you now have total mobility and the ability to live on a lot less money. I am almost done paying for my house, but if I had it to do over I'd rent. The house across the street rents for a lot less than my mortgage payment. A buddy has a nice older ranch-style and pays 1/2 what I pay in mortgage payments. Over 15 years he'd have enough money in the bank to either buy a house with cash, or live for years on those savings.

As for furniture, etc. I'd be real tempted to sell it all. Yep, it's expensive to move stuff coast to coast. You can get decent used furniture where ever you go (lots of other people doing the same thing).

In this economy, do you really believe a job even in a low unemployment state, is secure?

No. And I don't think our economy is going to recover anytime soon.

The game has changed. The old rules are not necesarily the best ones. I'm looking at everything all the time and planning escape secenarios, doing "what if" analysis and trying hard to preserve and grow my savings for when the ax falls.

Part of my experience is growing up in Detroit. When I graduated from college I made a decision to leave, based on what I perceived as the weakness of the economy. It was a good decision.

I notice you live in Pennsylvania. Do you think things will improve there? Philly, well I can't imagine wanting to stay there based on my perceptions of it, I think there are many nicer places with less crime and corruption in the USA. Pittsburg I find beautiful, but how's the economy? It strikes me as "rust belt". In between are lovely places but industry just isn't going to go back into high-cost, cold weather Union states. And therefore the service industry isn't going to be that robust either. If I owned 100 acres or more I'd stay put, but if I had a cracker-box suburban home I'd bail out and head somewhere more RED.

Socialism has always failed everywhere it's been tried. The best thing to do in the USSR was *leave*, to improve your life. The Socialist Parts of America will continue to suffer and be not-so-great to live in. If we can elect a solid Conservative Congress and President we can save the Red States, but the cake-is-baked in most of the Blues, including Blue-that-just-turned Red states like Michigan and Pennsylvania.

42 posted on 11/30/2010 5:49:58 PM PST by Jack Black ( Whatever is left of American patriotism is now identical with counter-revolution.)
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To: The Magical Mischief Tour

I am reading so many comments here in favor of never ending extended unemployment benefits, and Simply cannot believe that I am on a conservative website.

How is it that people think that borrowing the money to pay people who don’t work is a good thing? Do people understand 1.3 trillion in additional debt in one year? Do people want to stimulate the economy with borrowed money? In the long run that ends in disaster because at the very least taxes must be raised to pay for it(and that is no longer enough-as well as causing a further fall in the economy). It is a transfer of wealth. It is communal system. That is the same system that resulted in the death of over half of the pilgrims.

In this case however it is suicidal for another reason. We are so far in debt that we can never escape. It is going to swallow us up. In the long run the entire nation is going to be destitute because everyone reasons that because of hard times they are entitled to a handout at everyone else’s expense. Mortgage,Medical,Food,Cars,appliances, and a whole lot more. There is no end to the list.

We can keep borrowing, but eventually our ability to borrow is going to get cut off. And when it does there is going to be a sudden stop! We will end in a big bang. We will not even have Charity to help us then because we will be collectively broke. Even the Children not yet born.

The only question then is if we move into mad max or become a slave to our debtors.


43 posted on 11/30/2010 5:50:15 PM PST by Revel
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To: null and void

Lol! Good point!

I’ll be crossing my fingers and toes that things turn around soon. :)


44 posted on 11/30/2010 6:01:20 PM PST by derllak
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To: Revel

I detest the entire unemploymnet insurance system. I would abolish it if I had my way. It assumes people are too stupid to save for a rainy day. And — it’s a self fulfilling prophecy because people think the Government will take care of them.

I’ve paid into it for almost 40 years and never taken a cent. If I was unemployed I would feel “entitiled” to it based on my contributions. I suspect (but would need to do some math to assure myslef) that even at 99 weeks I’d be getting a lot less back than what I’d have to spend if they government hadn’t confiscated it.

If we must have Unemployment insurance it should be individual — you build up your account and when you are unemployed you get it paid back out. Maybe you can get an advance which you have to pay back at some point in the future, I’m not sure.

But right now it’s just another wealth-transfer program. My liberal buddy thinks “its just one of those things, like other insurnace programs, that every civilized nation should have”.

My counter is that it is unconstitutional and therefore illegal, and should be abolished or re-authorized by Constitutional Ammendment.

But if you accept that people need unemployment payments surpassing their own forced savings + interest then logically you should also believe in some sort of Government Health Insurance program (though maybe not the attrocity of Obamacare, but why not “Medicare for Everyone”.

My friend basically paraphrased Marx in our conversation: You know people who have more shoud pay more to take care of those who just were unlucky, or not priviliged. “From each according to his ability, to each according to their needs” is, I believe the proper formulation of Marxism in one sentence. He agreed, and agrees with that philosophy, and votes for it, and thinks unemployment is a good program.


45 posted on 11/30/2010 6:04:06 PM PST by Jack Black ( Whatever is left of American patriotism is now identical with counter-revolution.)
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To: Red in Blue PA

Would they then not move?


46 posted on 11/30/2010 6:14:07 PM PST by edcoil ("Help the helpless, don't give a shit about the clueless.")
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To: Revel
So is theft, robbery, burglary... which is exactly what the next step for these folks will be once they lose the last lifeline they have.

There are 6 unemployed people for every one job opening in this country. The math is not there to fix this... once they lose this little bit of money all thats left for them to do is either starve to death or steal food etc...

I agree the debt is out of control, but unemployed in this country did not bankrupt us. You need to look elsewhere to lay that blame.

47 posted on 11/30/2010 6:17:30 PM PST by The Magical Mischief Tour
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To: central_va
99 weeks is 2 YEARS. I could learn a new trade in half that time.

I have just one question for you...

Are you over 55?

48 posted on 11/30/2010 6:20:32 PM PST by Publius6961 ("In 1964 the War on Poverty Began --- Poverty won.")
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To: Revel

U6, real unemployment comparable to the Great Depresssion, is close to 20%. During the Great Depresssion, it was 24%.

During the Great Depresssion they had food lines.....today we do not. Unemployment benefits are the modern day equivalent. If you take them away from millions, the least you could do is to implement soup lines.


49 posted on 11/30/2010 6:20:58 PM PST by Red in Blue PA (Planning on using 911? Google "Brittany Zimmerman")
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To: Red in Blue PA

50 posted on 11/30/2010 6:23:34 PM PST by null and void (We are now in day 678 of our national holiday from reality. - 0bama really isn't one of US.)
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