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Quitters Prosper:...allow workers who quit their jobs to collect unemployment insurance [tr]
Democracy: A Journal of Ideas ^ | January 11, 2016 | Nick Bunker

Posted on 01/20/2016 7:20:52 AM PST by C19fan

Numbers from Friday’s jobs report underscores a persistent problem for the U.S. economy: Wages aren’t growing fast enough for most Americans. According to the data for December, the average wage for all workers grew at 2.5 percent over the last year, before accounting for inflation. Healthy wage growth would be somewhere in the range of 3.5-4 percent. How can we get to that level of wage growth? A number of proposals have been floated by economists and politicians across the political spectrum. But there’s one minor fix we can implement that could have major implications: allow workers who quit their jobs to collect unemployment insurance

(Excerpt) Read more at democracyjournal.org ...


TOPICS: Business/Economy
KEYWORDS: insurance; unemployment
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The author forget about why there is an unemployment insurance program, to assuage the vicissitudes of a market economy. It was never meant to pay slackers. "Leading models of the labor market show that unemployment insurance lets unemployed workers take more time to find a job that’s the right fit, resulting in higher productivity and higher wages." The only reason generous unemployment insurance leads to this is because as in Europe the low wage/productivity workers are entirely removed from the labor market. That is why youth unemployment in Europe often tops 50%.
1 posted on 01/20/2016 7:20:52 AM PST by C19fan
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To: C19fan

Along the lines of “drop the retirement age to 55 to create job openings and force wages up for those still working”.


2 posted on 01/20/2016 7:29:02 AM PST by Buckeye McFrog
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To: C19fan

I quit because they wouldn’t let me use the womans restroom. Now give me some money.(my lawyer will be contacting you soon). Yes, I’m a man. No matter.


3 posted on 01/20/2016 7:29:46 AM PST by refermech
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To: C19fan

https://www.youtube.com/watch?v=Wxy3lP-mH3Y

Quitters inc,,, How it should be


4 posted on 01/20/2016 7:39:18 AM PST by DesertRhino ("I want those feeble minded asses overthrown,,,")
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To: C19fan

Insanity is, as Einstein (more or less) noted, supporting democrat proposals over and over again and expecting positive results.


5 posted on 01/20/2016 7:40:48 AM PST by Pollster1 ("Shall not be infringed" is unambiguous.)
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To: Pollster1

Point of historical order:

Einstein was a Socialist.


6 posted on 01/20/2016 7:50:57 AM PST by Buckeye McFrog
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To: Buckeye McFrog
Einstein was a Socialist.

I know that. He was wrong on a couple of big things - socialism and "God does not play dice" come to mind. Still, I couldn't resist paraphrasing his famous quote to mean the same thing he said, but worded the way it should have been put.

7 posted on 01/20/2016 8:01:46 AM PST by Pollster1 ("Shall not be infringed" is unambiguous.)
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To: C19fan

Unemployment should not be an entitlement. It should be an account owned by the individual worker, something like a 401k. The day you leave your job, for whatever reason, you can draw it all or part, or leave it to supplement your retirement. If you worked a short time, there isn’t much in it. If you worked a long time, there might be a small fortune in it. Either way, it would be your money, you wouldn’t have to justify yourself to anyone in order to get it.

Thats the way it should be handled.


8 posted on 01/20/2016 8:22:42 AM PST by marron
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To: Buckeye McFrog

Stupidity: Allow millions, millions, millions, etc. of illegal aliens to enter and stay in the country and then wonder why wages don’t rise.


9 posted on 01/20/2016 8:37:28 AM PST by Darteaus94025 (Can't have a Liberal without a Lie)
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To: C19fan

“The author forget about ....”

Well, a whole lot of crap actually.

For one thing, Employers pay unemployment taxes at rates that increase with number of unemployment insureance claims that are filed. The more claims, the higher tax rate that is calculated against the Employer’s payroll.

Eventually, employers would simply run out of money.

Freakin’ morons.


10 posted on 01/20/2016 8:39:48 AM PST by rhoda_penmark
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To: rhoda_penmark

Another thing they omit: It’s easier to get a job if you are in a job already. Who’s going to hire a quitter? Especially one who says, Yeah, I worked for a while, but I decided to take a year off to watch sops and play computer games.


11 posted on 01/20/2016 8:43:42 AM PST by Cincinnatus.45-70 (What do DemocRats enjoy more than a truckload of dead babies? Unloading them with a pitchfork!)
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To: refermech

#3 Have you been nominated for an Oscar? If not you outta complain about that!

If I quit I would lose more then half my salary and I need all I get now so I can’t quit!


12 posted on 01/20/2016 8:47:49 AM PST by minnesota_bound
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To: minnesota_bound

I was just joshing, but honestly I want to retire but the cut in pay will be brutal!


13 posted on 01/20/2016 8:55:07 AM PST by refermech
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To: C19fan

Gad. I thought that said QuiLters Prosper. smh


14 posted on 01/20/2016 9:02:32 AM PST by KGeorge
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To: Cincinnatus.45-70

I have actually seen a resume where the guy filled a two-year gap by inserting the job title “Slacker”.


15 posted on 01/20/2016 9:05:06 AM PST by Buckeye McFrog
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To: Buckeye McFrog

I’d have hired that guy for being honest.


16 posted on 01/20/2016 9:05:43 AM PST by dfwgator
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To: C19fan; All
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17 posted on 01/20/2016 9:06:07 AM PST by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: marron

“Thats the way it should be handled.’

Yep and the average US citizen is far too stupid not to spend it all the first weekend. That’s why we had to have the Social Security system.

Remember, we live amongst those who elected our current administration twice.


18 posted on 01/20/2016 9:33:13 AM PST by rhoda_penmark
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To: C19fan

A slacker vote for democrats program. The dems are more interested in votes than doing things for the good of the country.


19 posted on 01/20/2016 9:36:19 AM PST by TruthWillWin (The problem with socialism is that you eventually run out of other peoples money.)
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To: Buckeye McFrog

Was the guy hired?


20 posted on 01/20/2016 9:40:38 AM PST by Cincinnatus.45-70 (What do DemocRats enjoy more than a truckload of dead babies? Unloading them with a pitchfork!)
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