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Millions could lose unemployment benefits in 2012 (extension is estimated to cost $44 billion)
Yahoo ^ | 10/11/11 | Tami Luhby - CNNMoney

Posted on 10/11/2011 7:33:27 AM PDT by NormsRevenge

Millions of unemployed Americans are waiting for Congress to do something other than trade barbs over their job creation plans.

If lawmakers don't act soon, the jobless see their unemployment checks start to disappear come January.

More than 6 million Americans are set to lose federal unemployment benefits in 2012, with 1.8 million running out in January alone, according to new figures from the National Employment Law Project.

President Obama's $447 billion American Jobs Act would extend the deadline to file for federal unemployment benefits for another year. Though the Senate is expected to take up the controversial jobs bill on Tuesday, it's unlikely to get very far.

While many Washington observers say the administration's jobs bill is dead in the water, it's possible the unemployment extension could be separated and sent through on its own, or as part of another bill before year's end. The extension is estimated to cost $44 billion, according to the Congressional Budget Office.

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


TOPICS: Business/Economy; Culture/Society; Front Page News
KEYWORDS: 2012; benefits; bhoeconomy; congress; obamadepression; unemployment
extension is estimated to cost $44 billion..

--

Strange Times, indeed.

Many nations are nowhere near that total annually for their entire budgets.

1 posted on 10/11/2011 7:33:30 AM PDT by NormsRevenge
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To: NormsRevenge

All coming together according to plan.

“99’ers” and “victims of GOP Austerity” coming together to join the “Occupy” protests at a strategic time.


2 posted on 10/11/2011 7:36:42 AM PDT by Buckeye McFrog
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To: NormsRevenge

There is a reason they perpetually increase unemployment benefits: For our government, the only thing scarier than millions on unemployment, is millions losing their benefit without finding jobs. If they join them, they could make these “occupy” protests into a monster that the Greek mobs could only imagine in their wildest dreams.

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


3 posted on 10/11/2011 7:36:49 AM PDT by cuban leaf (Were doomed! Details at eleven.)
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To: NormsRevenge

Take all the Federal Pensions being paid out this year...cut them in half and we’ll have money left over.


4 posted on 10/11/2011 7:37:32 AM PDT by Sacajaweau
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To: cuban leaf
It'll be extended because it goes right back into the economy...

What we need is a good data base of the "jobs" of the unemployed. Maybe we have to change the terms of receiving unemploymnent.

5 posted on 10/11/2011 7:39:39 AM PDT by Sacajaweau
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To: NormsRevenge

According to the article:
Up to 99 weeks total time drawing unemployment compensation.
That’s 1.9 years sitting on the couch watching satellite TV and eating government handout food and procreating to have more spawn on the take.....
What’s not to like?/S


6 posted on 10/11/2011 7:40:06 AM PDT by 9422WMR
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To: Sacajaweau

—It’ll be extended because it goes right back into the economy...—

Like Welfare.

Why am I working, again?


7 posted on 10/11/2011 7:41:44 AM PDT by cuban leaf (Were doomed! Details at eleven.)
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To: Sacajaweau
"Take all the Federal Pensions being paid out this year...cut them in half and we’ll have money left over."

Don't forget the billions we waste at the UN.

One thing about money spent on unemployment - the majority of it stays in this country!

8 posted on 10/11/2011 7:43:22 AM PDT by Slump Tester (What if I'm pregnant Teddy? Errr-ahh -Calm down Mary Jo, we'll cross that bridge when we come to it)
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To: cuban leaf
"For our government, the only thing scarier than millions on unemployment, is millions losing their benefit without finding jobs."

I'd add, "...during an Presidential election year." There is NO WAY that this President will not SPEND billions more to extend unemployment benefits during 2012 to improve his re-election probability. Next year's deficit is going to be through the roof.
9 posted on 10/11/2011 7:44:11 AM PDT by Darteaus94025
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To: NormsRevenge

Again?!
10 posted on 10/11/2011 7:48:14 AM PDT by the invisib1e hand (...then they came for the guitars, and we kicked their sorry faggot asses into the dust)
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To: NormsRevenge

Someone explain to me what made the Federal Government (or State Government - or the taxpayers in general) responsible for paying people a check because they are out of work. Please - enlighten me.

I understand the so-called “unemployment compensation insurance” BS - the program is billed as “100% paid for by employers who pay taxes on wages paid”.

Are we really suppose to believe this is true today, with the seemingly unending unemployment benefits being paid?

I cry BY for other reasons as well - not the least of which - there ARE jobs (at least here in Arkansas) if someone is willing to actually work. Oh? You say you cannot take a job that pays less than what you were making before? Gee - I hate for you that you chose to bury yourself in a lifestyle that cannot be supported with lower income (and I can honestly say I found myself in that situation several years ago and nearly drowned - but I didn’t ask the taxpayers to bail me out).


11 posted on 10/11/2011 8:19:17 AM PDT by TheBattman (They exchanged the truth about God for a lie and worshiped and served the creature...)
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To: Darteaus94025

and who cares how much they decide to spend (has it been long enough to forget the budget “crisis” we supposedly saw this year?) - Oh, right - they don’t care about how much they spend - they will just take it out of the Defense budget...


12 posted on 10/11/2011 8:21:42 AM PDT by TheBattman (They exchanged the truth about God for a lie and worshiped and served the creature...)
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To: TheBattman

Budget? What budget?


13 posted on 10/11/2011 8:45:07 AM PDT by Darteaus94025
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To: Darteaus94025
Next year's deficit is going to be through the roof.

Damned straight. This Soooooper Committee is a complete joke. They are just trying to time it so the failure happens over the holidays when nobody is paying attention.
14 posted on 10/11/2011 8:56:04 AM PDT by Buckeye McFrog
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To: NormsRevenge

The headline makes it sound like unemployment benefits are an entitlement that should never expire.


15 posted on 10/11/2011 9:01:16 AM PDT by E. Pluribus Unum ("Government does not solve problems; it subsidizes them." --Ronald Reagan)
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To: NormsRevenge

The administration’s jobs bill is dead in the water and they will claim it is the fault of the Republicans. The jobs bill will then go to the Deficit commission, where Patty Murray, who has incidentally written the Infrastructure and Transportation portion of the bill, is the Democrat co-chair, as well as chief Democrat Congressional fund raiser.

The plan is paint the Republicans as obstructionists on jobs and then ram it through the deficit commission.


16 posted on 10/11/2011 9:51:04 AM PDT by Eva
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To: NormsRevenge

I happen to know of two school teachers that were pink slipped that said they were going to stay out until their unemployment insurance runs out. I also hear from some people still working that they don’t care if they lose their jobs as they will just file for unemployment. t seems to me that some people are willing to take less to not work at all.


17 posted on 10/11/2011 10:07:15 AM PDT by Wiggins
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To: cuban leaf

“Why am I working again?”

So that:
1.) the DNC base doesn’t starve;
2.) the children of the DNC base has free school breakfasts & lunches everday;
3.) the DNC base has plenty of money on their EBT (welfare credit cards) every month to keep them stocked up on tortillas, refried beans, and 40 oz. Schlitz Malt Liquor;
4.) the democrats can continue to receive funding from federal employee unions;
5.) the unions have supplemental insurance;
6.) millions of illegal aliens receive IRS tax refunds
every year.
7.) illegal aliens can continue to spit out their unholy spasn at your expense and receive free welfare benefits;
8.) illegal aliens can continue to spit out their unholy spawn and receive a free education and in-state college tuition at your expense;
9.) illegal aliens can continue to spit our their unholy spawn at your expense, which ensures generations of future Demoncrat voters;
10.) the DNC can continue to keep 97% of the “African-American” population on the “Gubmint Plantation”.
11.) the DNC can keep millions of federal employees on the payroll (all vote Democtrat);
12.) the DNC can f*ck you and your children out of freedom and common sense;
13.) (Feel free to add your own reasons....)

See my tagline.

Ernie


18 posted on 10/11/2011 11:34:26 AM PDT by Ernie Kaputnik ((It's a mad, mad, mad world.))
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To: Ernie Kaputnik
I will NOT go down as Boxer did.


19 posted on 10/11/2011 11:43:25 AM PDT by cuban leaf (Were doomed! Details at eleven.)
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To: TheBattman

I have had a job since I was 14 years old (35 now). Problem is, there are NO JOBS! I am a telecommunications expert, and a broadcast engineer. I have tons of experience, and awesome references. I can shoot data at satellites, wire up a whole city with Wifi, run a pro sports stadiums systems without a glitch. I am so highly skilled that it HARMS my job prospects, but cannot even find a job at a grocery store. I’ve applied for jobs at 1/3 my old salary, and can’t even get an e-mail reply, since the companies are so clogged with applicants. We are hurting. I have two young daughters, and a wife, who count on me, and have been out of work for over a year. Only reason we ate well this year is at least i had time to cover every inch of our property with vegetables. We eat what we grow.Winter will be hard.
After the mortgage (humble country home) and the heating bill, we live off of $75 a week (yeah, that’s for gas, food, clothes for a family of 4), with my unemployment insurance, and my wife’s meager earnings.

For those complaining about an extension, you are full of caca. Yes, I agree, that when times are good, unemployment insurance keeps some people from looking for work. Right now is different, there are NO JOBS, not even McDonald’s jobs. We are screwed. I have worked, and paid taxes, consistently for 21 years now, and have been hit by a tidal wave that we call the economy. We do what we can. I have sold my guns, my fishing equipment, all my stuff I have worked and saved for for years. We have run through our savings. Imagine that everything you worked and saved for, your whole life, you had to list and sell on craigslist, the only thing you have left is your family’s home, and jerks online complain that you are watching directv and sitting on the couch having a holiday.

I’m a longtime conservative, and far brighter than most jerks on this site, and you guys have it wrong. Are there people taking advantage of the system? Of course there are, its government, plenty take advantage of everything they can. Myself, and MANY like me just want to work, where shall we go? Will you resign and give your job to me? I’ll gladly switch places on that one! The next person who calls me or people in my position lazy, I challenge them to resign from their job, and offer me their position. Otherwise, shut it!

33 posted on Mon Oct 17 20:58:32 2011 by Steak


20 posted on 10/17/2011 9:31:07 PM PDT by Steak
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To: Steak

so sad to read your post.

I pray this turns around quickly so you won’t have worry about whether or not there is an extension.

I’m hoping that once the nation understands Obama is out -the economy will rally.
People are tired of this crap.
Can you imagine how jubilant the country will be when he’s gone?
Once the recovery hits - it’s going to be big!


21 posted on 10/17/2011 9:36:31 PM PDT by Scotswife
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To: Scotswife

I hope it rallies like you wish for, but I doubt it. This country has taken such a wide, deep gash, it will probably take a long time to crawl out of. I hope I’m wrong, but without another huge advance (ie .com boost in the 90’s) recovery will be slow. I pray for fast recovery, but I’m becoming far more cynical about it. Politicians don’t care for it, they prefer strife and hardship, makes for good sound bytes on MSNBC.


22 posted on 10/17/2011 10:14:43 PM PDT by Steak
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To: Steak

Where do you live? I know here in “backwards” , high-tax, Arkansas, there are jobs. Not tons I super-high payng jobs, but jobs none the less. HP Jus hired a block of folks 30 miles north of where I’m typing this. Other companies have recently announced we hiring. Economy still stinks, but there are jobs. I have heard employers complain that there are lots of applicants, but few who REALLY want to WORK. Maybe the attitude is different... But even my family members in Michigan (no far from Detroit) are tellin me there are jobs.

And while I have a grea deal of sympathy (and have spent time w/o a job in my life), how are taxpayers responsible for paying unemployment benefits to those not working? Yes, am aware that the system is suppose to be fully funded by employer contributions... But that’s not the case.

I applaud your resourcefulness in planting a large garden to support your family. But how is continued extensions if unemployment any different than Jessie Jackson Jr.’s suggestion this past week that the government should just start payng the unemployed a salary of at least $40k per year?

But it goes back to making yourself marketable. You demo steered resourcefulness in feeding your family- use the same line of thought and resourcefulness to figure out a way to make yourself a resource an employer cannot live without.


23 posted on 10/17/2011 10:51:30 PM PDT by TheBattman (They exchanged the truth about God for a lie and worshiped and served the creature...)
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To: TheBattman

I live in North idaho, just across the border from Spokane WA.
I’ve built radio towers, in my 20’s, that you run your cell phone off of, and hear your radio shows off of. I am HIGHLY skilled, please, mr battman, what is your profession? No details, just what you do.

You are relating my families struggle to Jesse Jacksons statements? I have paid FAR more into taxes, disability, unemployment insurance, etc. than I will EVER see from my measly unemployment check.
So, really HP hired some people in arkansas. Great. These are not new jobs, these are jobs that came from offices being shipped out of california, good for arkansas, not good for the 1200 people out of work in california. There are no new jobs, only poached jobs. Net gain for the country? 0


24 posted on 10/18/2011 12:35:13 AM PDT by Steak
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To: TheBattman

Please, let me know where you work, and what position. ,No don’t need your name, or specific details, not coming after you or anything, I just want to see how truly talented and skilled you are, and what a wonderful niche you have create for yourself! (10:1 I say you work for the government, or for family that has hired you on, otherwise, in the private sector, you would realize you re full of crap)


25 posted on 10/18/2011 1:14:22 AM PDT by Steak
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To: Steak

“not coming after you or anything” followed by “you re full of crap” - now nice.

If you must know - I spent 14 years as a public school band director, I have a Bachelor degree in Music (BME), and hold the Master of Arts in Religion degree. I currently serve as a church pastor - where I encounter many “stories”, both from within our church body and from the public seeking help.

I have also, when I was “unemployed”, done carpentry, drywall, concrete work, and other jobs to make ends meet. I have seen many others also adjust and apply themselves. I have also seen many people fall flat after setting themselves up for a fall. And I have seen people hurting and out of work for a long time due to no real fault of their own - some very good people with very real skills. I have noticed that the people around here with the most trouble finding new jobs are those with lots of experience and/or training, and who are “older” - over 50 or 60. They are “overqualified” for many jobs that are available. The key for most of them who have been successful in finding a job - is leveling with the prospective employer - selling themselves.

I don’t know the details of your situation. I do know that you have time to argue your point here on FR - seems that maybe that same anger, energy, and zeal could be better aimed at doing/finding some kind of avenue to earn income. I am not “full of crap” - I have seen what I have posted about. I have seen people in difficult situations, and I have seen both those who “give up” and blame everyone else, and have seen those who refuse to give up. And I have helped (as has our church) quite a few people who needed help (and references, and coaching). There are avenues to stretch the dollar. There are things we can give up. But I imagine my post will get little more than eye-rolling and a terse response that I am “full of crap”.

Now I have to go and “earn” my salary so you can get your unemployment extension.


26 posted on 10/20/2011 7:37:13 AM PDT by TheBattman (They exchanged the truth about God for a lie and worshiped and served the creature...)
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To: TheBattman

Revisited this thread after some time. Hmm, how convenient! You have a government job! You are safe with Obama’s stimulus money! You will retire young, and get a government check and great benefits for life! How nice, and hypocritical for you! Some of us have to work in the private sector. Your paycheck, and wonderful benefits, are paid for by heavy tax burdens on people who could be hiring me! Get rid of your government job, could probably save enough to hire two private sector employees! This is wonderful Battman. You complain about private sector workers leaching, and you are helping to leach their jobs away. Better you keep quiet. I have a feeling your nice Degree in music (really? why does one need to get a bachelor to play music, I play 7 instruments fluently, never needed a degree) came from either a wealthy family, or huge student grants. You surely have a bad attitude for someone who was ‘carried’ their whole life, and has spent their working life collecting a government paycheck and benefits!


27 posted on 11/09/2011 5:11:03 PM PST by Steak
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To: TheBattman

Oh, and a quick BTW, no extension, even YOUR community will get hit hard. If a lot of people lose their homes, property taxes will go down substantially. That’s where your paycheck comes from, correct? So will sales tax from those who are destitute. Your school will take huge budget cuts. I don’t think they will cut the Math department when those cuts come, but they will probably cut the music department. A marching band is not critical to education, it is fluff. Battman, you might just be writing your own pink slip with your opinion.


28 posted on 11/09/2011 5:25:29 PM PST by Steak
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To: TheBattman

Oh, and a quick BTW, no extension, even YOUR community will get hit hard. If a lot of people lose their homes, property taxes will go down substantially. That’s where your paycheck comes from, correct? So will sales tax from those who are destitute. Your school will take huge budget cuts. I don’t think they will cut the Math department when those cuts come, but they will probably cut the music department. A marching band is not critical to education, it is fluff. Battman, you might just be writing your own pink slip with your opinion.


29 posted on 11/09/2011 5:25:44 PM PST by Steak
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30 posted on 11/09/2011 6:07:20 PM PST by TheOldLady (FReepmail me to get ON or OFF the ZOT LIGHTNING ping list)
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To: Steak

My income coming via property taxes? Ummm.. no. Where did that come from?

Oh - reading further down- I haven’t been in the classroom in over 3 years! But that being said, in this state, instrumental music is a state mandate, which is generally fulfilled via band and/or orchestra programs.


31 posted on 11/13/2011 7:55:25 PM PST by TheBattman (They exchanged the truth about God for a lie and worshiped and served the creature...)
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