Posted on 12/17/2013 6:11:32 PM PST by Libloather
More than 1.3 million Americans will lose their unemployment benefits on December 28 as a budget deal proposal in Congress fails to extend the federal program.
The Emergency Unemployment Compensation Program is not included into the budget deal that would likely pass the Senate this week.
Senate Democrats have admitted that they would miss the deadline to extend the benefits and Senate Republicans have not paid attention to the issue at all.
(Excerpt) Read more at presstv.ir ...
You and me both
A couple - three hundred bucks a week pays for food not Christmas.
$390/wk here in IN for the top pay grade.
Add into that, the part time work for cash.
Please don’t assume I don’t know anybody who has drawn Unemployment or how the game is played.
They will NOT start looking for a job until the free money is about to run out.
Just today has a guy who was just seasonally layed off from his $60,000/yr union concrete job. Would not consider going off unemplyement to work for me for $25/hr.
Instead, he prefers to draw his $390 and work 40-50 hrs at $10 cash, under-the-table.
There are 1.4 Million less people working today than when Obama took office. He is a disgrace.
I am in the old industrial midwest. I know many tradesmen and professionals that have been legitimately out of any form of work for over 3 years. Some made their living with their backs....now in their 50’s and early 60’s.....no one will hire them with the 20 something illegals and dreamers three deep for every job. No jobs to train for.
IT jobs? Know lots of computer science grads also unemployable in their field and over qualified for anything else.
Fewer small companies and those left moving to part time due to Obamacare. Fewer large companies and those cutting staff to improve profits or contain losses....fewer workers at each, fewer support people and management...when was the last time a receptionist answered your call? Or a secretary?
Interesting stats here....
Two leap out....
“Most people that hear this statistic do not believe that it is actually true, but right now an all-time record 102 million working age Americans do not have a job. That number has risen by about 27 million since the year 2000.”
Remember...this is during a time woman employment has risen. The American male is being neutered.
“Wal-Mart recently opened up two new stores in Washington D.C., and more than 23,000 people applied for just 600 positions. That means that only about 2.6 percent of the applicants were ultimately hired. In comparison, Harvard offers admission to 6.1 percent of their applicants.”
...and DC is hardly a hotbed of the Puritan work ethic.
Never thought I would see the day that WalMart was “the best steady work” instead of a starter job.
Only somewhat job related but symptomatic of the cause?
“In 1985, there were more than 18,000 banks in the United States. Today, there are only 6,891 left.”
The six largest banks in the United States (JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley) have collectively gotten 37 percent larger over the past five years.
The U.S. banking system has 14.4 trillion dollars in total assets. The six largest banks now account for 67 percent of those assets and all of the other banks account for only 33 percent of those assets.
JPMorgan Chase is roughly the size of the entire British economy.”
Hmmmmmmm. The Plains Indians were destroyed by killing the buffalo, destroying their independence and forcing them on reservations for government beef.
The American middle class being destroyed by the same strategy?
The economic playing field is being tilted more and more toward the Wall Streeters and against the Main Streeters.
Without economic independence, there can be no political independence. How many farmers would have been on Lexington Green had they been in debt to the British banks, fed by the royal governor, and worked as sharecroppers on John Hancock’s estate instead of being freeholding yeomen?
Does anyone know the unemployment rate for people over 55?
It will probably read "Republican budget deal cuts unemployment for 1.3 million". Nevermind that Democrats are party to the deal.
And there is a good chance that Congress will end up extending those benefits, which means the budget deal is even worse than we've been told.
“Awesome job! Folks lost their jobs and cut them off @ Christmas. Nice.”
You know, I’d really like to believe that it was just as you say, and I know that under FUBO, the economy continues to bump along listlessly, but I am left wondering how many getting unemployment benefits, are sitting in their Laz-y-boys with a beer watching TV instead of being out there looking for a job.
It seems to me that the very people who will continue to vote for this RAT conspiracy are those who are getting unemployment, food stamps, and a whole host of government benefits that the rest of us have to shell out for. And I know from personal experience, that the “means testing” for these programs is little or nothing, so they are wide open for abuse. So pinching back on this stuff should show us really quickly who really needs it and who’s taking us for a ride.
It’s always done that way for tax reasons.
The pink slip usually arrives on Friday.
They can get off their butts and go to work... mexicans can find work here so WORK!
198 weeks of unemployment benefits???
Well I guess it’s time for a bunch of people to go get a job.
I would love to know how many of these people find work within 30 days, versus how many of them would find work if the benefits were not cut off.
Cut off the benefits and they will look for work. We already know this from welfare reform in the 90’s... the economy grew... welfare plummeted and people found productive work. This is why obama and the left will NEVER do it. communists act like communists... it is what they do.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.