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To: Diana in Wisconsin

The whole thesis is we should continue unemployment benefits indefinetly. I disagree with that. They have been extended time and time again already.


17 posted on 04/04/2010 6:24:51 PM PDT by spyone (ridiculum)
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To: spyone
Unemployment benefits are the most effective way for the government to “stimulate” the economy and have far more direct and positive effect than bailing out failed bankers.

The maximum payment for a formerly middle-class wage earner is about $12.00 per hour. This is not enough to prevent an eventual slide into homelessness, and is certainly not an incentive to remain unemployed. At best it may delay ruin long enough for a real job to appear.

Ending these payments will not cause the unemployed to find jobs - there are no jobs. More specifically there are at least 5-6 qualified and unemployed applicants for every opening. That's a lot of people to throw into the dumpster.

Nor should one be overly impressed by the postings on the job boards or other classified advertising. There is much less there than you think. A majority of advertised job openings are duplications or completely fictitious (e.g the “employer” does not hire anyone within 6 months of the posting).

Yes - “unemployment benefits” should be extended time and time again. (No, they should not be increased)

By the time the state unemployment funds have become completely insolvent we will have much bigger problems to deal with than unemployment.

Yes - that is probably coming within the next twelve months.

50 posted on 04/04/2010 7:06:45 PM PDT by flamberge
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