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2,362 Millionaires Got Unemployment Benefits
CNS ^ | 08/13/2012 | By Matt Cover

Posted on 08/14/2012 7:40:20 AM PDT by Responsibility2nd

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To: Responsibility2nd

Aren’t these the guys that are supposed to be making jobs for us?


21 posted on 08/14/2012 8:49:09 AM PDT by stuartcr ("When silence speaks, it speaks only to those that have already decided what they want to hear.")
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To: 4rcane

Not all humans.
It was common for college students working in the cafeteria to be given unemployment papers at the end of spring semester. Same for people in limited appointment government positions such as I held on several occasions.
I figured I knew the gig before I signed up for it, and it would be wrong to take “unemployment” money from those who actually lost their jobs.
I have known many people who did not understand that position, it is true, but I have also known many people with more honor who would be ashamed to take any money they did not earn.


22 posted on 08/14/2012 9:00:19 AM PDT by Apogee
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To: Brookhaven

It does not matter who you are or what you were earning - the program is for those who involuntarily lost their jobs and are seeking employment. Those who are not are cheating you and me - they are committing fraud. It is not a matter of the costs of processing - the whole integrity of the program gets threatened when folks, rich or poor, cheat. If you are a millionaire and lost your job and are looking for another job - then you are entitled. If you are a minimum wage worker who wanted to hang out on the beach all summer rather than work - you are not entitled. If you work “off the books” 16 hours a day caring for the disabled but claim unemployment, you are committing fraud. No excuses.


23 posted on 08/14/2012 9:01:52 AM PDT by bjc (Check the data!!)
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To: bjc

I didn’t say they were committing fraud or even doing anything wrong.

I was pointing out that means-testing would not be cost effective if the result only filters out two-thousand recipients.


24 posted on 08/14/2012 9:08:58 AM PDT by Brookhaven (Freedom--tastes like chicken)
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To: 4rcane

If you are saying that these 2000 plus millionaires, assuming that they meet the requirements for collecting unemployment benefits, are entitled, then I totally agree. However, just because some abuse the system by collecting benefits they are not entitled to - does not legitimate others doing the same thing.
The rules should be enforced irrespective of how much a person earned or is worth.


25 posted on 08/14/2012 9:10:12 AM PDT by bjc (Check the data!!)
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To: Apogee

People with seasonal jobs are not really unemployed in the traditional sense when the season ends, because they will resume working when the next season starts.

Unemployment benefits was not meant to fill in this gap. This is an area where some money could really be saved if the rules were modified.


26 posted on 08/14/2012 9:13:39 AM PDT by Brookhaven (Freedom--tastes like chicken)
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To: Brookhaven

I never did see the sense in it, especially for allowing those students to take two months off while paid, then return to their same position.
Perhaps it might be reasonable for an adult who was using the limited appointment position as a stop gap while seeking a real job, but the ever so helpful secretaries were always shoving you out the door with directions to the unemployment office in hand, regardless of the circumstances.


27 posted on 08/14/2012 9:50:40 AM PDT by Apogee
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To: Gene Eric
Ya’ think these beneficiaries paid into the system much???

In most states the answer would be "No" because unemployment insurance rates are very low relative to the amounts potentially paid out in an economic downturn. For instance, a company might pay 2% on the first $8,000 of salary, or about $160 per employee per year. So to cover 19 months of unemployment that employee needs to be employed for more than 20 years. Statistically speaking in the modern economy that just doesn't happen.

I agree that the rules are what they are, so the millionaires should get their payments, but really they are just transfer payments from the rest of us to them since we'll have to pay off those bonds sooner or later.

That kind of government "math" when applied to "insurance" programs is why we have trillion dollar deficits.

28 posted on 08/14/2012 9:55:35 AM PDT by freeandfreezing
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