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Unemployment benefits might be extended AGAIN :(

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Skoorb said:
Probably but that doesn't really make their argument less meaningful 🙂

Per above, people paid into this already, but not for this long; it is quite literally a government freebie once the extensions get really crazy.

I have less of a problem with extending benefits than with government not managing money better when it's growing. It would suck big sweaty ones being out of work now looking for a job and most people accustomed to a paycheck will find the lower unemployment one helpful but mostly still sucky so they're probably motivated to find a job.

A novel (I've never heard of it) idea would be to extend these benefits but once you get past a certain period of time you're essentially taking a loan out against future employment; your wages would be garnished some humble amount to help payback what you'd done.
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For someone unemployed during a deep recession, the Social and Economic Safety Net has a different meaning compared to someone with a job and\or is living in their parent's home.

Let some of the people who are shouting "welfare queens" at people on unemployment benefits loose their jobs and see if their opinion\attitudes change.
 
woolfe9999 said:
Damn straight they're not. These days, they have all these "homeless shelters" and "soup kitchens." And these panzy asses complain about losing their homes? Back in my day, being unemployed meant sleeping in septic tanks!

((((Everyone knows this.))))

- wolf
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Doesn't the flyingpig have a copyrite on that? Plagiarist!
 
Great News. Hope it passes. Most of the unemployed during the past several years can use it. I was layed off in December from a tech job with a salary near six figures. I get $238 a week for UC plus $23 from one of the stimulas packages. Luckily it pays my mortgage. My COBRA insurance normally would cost $400+/month but with the 65% discount it's only $160 /month. The COBRA discount was originally good for 9 months out of the 18 months normally allowed for COBRA. It really sucks to be layed off after working full time for 36 years. If things get really bad I guess I might find a bag boy job at the local Publix if they're not already taken.

If I'm still alive in thirty years it will be interesting to see how the people who are young now handle their retirement since there will not be many, if any, pensions and they will be totally responsible for their retirement savings. You young folks with families better be putting enough in your 401(k)s! I don't want to pay taxes when I'm 80 to pay for your retirement. 😉
 
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Let's hope this passes soon. It's crazy that some people can receive three times the benefits of others. The economy is still horrible, so why are some being cut off after 26 weeks while others can get up to 99 weeks? It makes no sense.
 
Jhhnn said:
...

Just the way it is, and it's been increasing for decades. Investment in this country by capitalists is actually negative, and the effects have been masked with huge and increasing debt loads at every level, and with economic bubbles rather than real growth.

Welcome to the world economy and trickle down economics, brought to you by free trade, deregulation, and top tier taxcuts, hedge funds and private equity firms, courtesy of the right wing lootocracy.
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blackangst1 said:
Funny observation...



and then right out of the left's playbook comes



/chuckle
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Just thought you might want to know that American 'Capitalists' invest overseas at a substantially higher rate than they do domestically.

But don't let that little factoid impact your thinking ...





--
 
If I'm still alive in thirty years it will be interesting to see how the people who are young now handle their retirement since there will not be many, if any, pensions and they will be totally responsible for their retirement savings. You young folks with families better be putting enough in your 401(k)s! I don't want to pay taxes when I'm 80 to pay for your retirement.
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Most of us will fare pretty badly and be reliant on SS just like old folks are now.
 
Dang. I should have just stayed unemployed last year after I lost my job instead of getting a new job.

Unenployment benefits should be be scheduled so that they decrease in size as time goes by.
 
Sheik Yerbouti said:
Yup, LIVIN Large on that 60% of your salary. My wife's been unemployed for over a year, gone on dozens of interviews, and hasn't had any luck. She is beyond depressed about it and would love to get off UE, but the jobs are not out there.
And I love going out for sushi on Monday, having caviar and toast tips for breakfast... while watching our 72" LCD HD tv... 🙄

For all the people who think extending ue benefits is wrong, you're all idiots. No more needs to be said.
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Apparently you still have a job. Had you lived within your means you could have withstood earning 60% of your families take home pay. My guess is you based your budget on two incomes... mortgage, savings, etc.

Why should more money be spent to support you and your wife? I feel bad for your wife and I have been unemployed for what seemed like an eternity (no where near a year) and I do wish you all the best.... but resources are limited. You have income. There are people with families to feed. Why should there be an across the board extension of benefits?
 
rudder said:
Apparently you still have a job. Had you lived within your means you could have withstood earning 60% of your families take home pay. My guess is you based your budget on two incomes... mortgage, savings, etc.

Why should more money be spent to support you and your wife? I feel bad for your wife and I have been unemployed for what seemed like an eternity (no where near a year) and I do wish you all the best.... but resources are limited. You have income. There are people with families to feed. Why should there be an across the board extension of benefits?
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Yes, luckily I was not laid off, or company shut down, we did live within our means, and I don't need to be lectured by a keyboard economist professor wannabe. Why should it be extended? Really? Are you mentally challenged? Unemployment is at ~10%, there is a slight upturn in available jobs but not nearly enough to go back to 'normal' duration for unemployment. You want to see mass poverty that would make the great depression look like a weekend spending spree, cut back benefits.
The housing crisis would get much worse, people wouldn't have money for cars, bills, houses, food, etc. Why shouldn't people get an extension of benefits in a time of an economic crisis few of us have ever been unlucky enough to witness (both of my parents lived through the great depression, so I have 1st hand knowledge of what life was like, I asked my father several times what he did, how he survived, etc).
The fact that you and people like you can shut the door so easily on people who truly need help astonishes me. While at the same time giving a break to big corps by tax cuts. f'ing idiots, truly.
 
nobodyknows said:
Whoa, if I'd know this was going to last so long I'd of quit my job and cashed in on this sweetheart deal!!! Damnit all the H___!
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Sorry man, I was gonna cash in on that sweet 60 too, but you gotta be laid off or let go in a way where they won't fight you collecting. I found out quitting wasn't one of them, and to think I'd be livin' the life right now.. Swimming pools, movie stars..
 
Throckmorton said:
You know you have to work for a certain period of time to get unemployment right? And AFAIK it's always more than the amount of time you can collect benefits.

I took unpaid leave earlier last year when we had a work slowdown, collecting unemployment, and it allowed someone else to keep their job. There is no question unemployment benefits are direct stimulus and a job saver.
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Please tell me how it is saving jobs?
You know what saves jobs. STOP TAXING THE SHIT OUT OF THE PEOPLE WITH JOBS.
They should tax the unemployed to motivate them to GET a job.
 
Sheik Yerbouti said:
The fact that you and people like you can shut the door so easily on people who truly need help astonishes me. While at the same time giving a break to big corps by tax cuts. f'ing idiots, truly.
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Bah, you're the same. You're getting all high and mighty about not shutting the door on people in need, but those benefits you want extended aren't coming out of your own pocket - they're just being stolen from future generations in the form of public debt. It's easy to be generous with other people's money. Get back to me when you pay your taxes in excess of what's legally required.
 
I think once unemployment runs out, these people should be able to apply for welfare based on need. But I don't think we should be bastardizing the concept of unemployment insurance where you pay a premium for a defined benefit.
 
Mursilis said:
Bah, you're the same. You're getting all high and mighty about not shutting the door on people in need, but those benefits you want extended aren't coming out of your own pocket - they're just being stolen from future generations in the form of public debt. It's easy to be generous with other people's money. Get back to me when you pay your taxes in excess of what's legally required.
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You might want to be accurate when you try to shoot someone down.

"Where does the money come from?

It's raised through state and federal unemployment insurance taxes on employers. The federal tax is 6.2 percent on the first $7,000 in annual wages to each employee. State tax rates vary from state to state, as does the amount of each worker's income that's subject to the tax — which ranges from $7,000 to $34,000"

http://www.cbsnews.com/stories/2008/12/09/business/main4658832.shtml

Nowhere does it say that it's coming from future generations. It's paid already by employers. He shoots.. he misses
 
Sheik Yerbouti said:
You might want to be accurate when you try to shoot someone down.

"Where does the money come from?

It's raised through state and federal unemployment insurance taxes on employers. The federal tax is 6.2 percent on the first $7,000 in annual wages to each employee. State tax rates vary from state to state, as does the amount of each worker's income that's subject to the tax — which ranges from $7,000 to $34,000"

http://www.cbsnews.com/stories/2008/12/09/business/main4658832.shtml

Nowhere does it say that it's coming from future generations. It's paid already by employers. He shoots.. he misses
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And when money from those funds runs out, where does the money come from?
 
Mursilis said:
And when money from those funds runs out, where does the money come from?
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Nice attempt at a diversion, but you clearly said it came from public funds and it doesn't. The money comes from the employers, and I guess if that runs out there are going to be much bigger things to worrry about.

he shoots again.... aww so close.. not really
 
Well, speaking from my personal point of view, here is what I have to add to the conversation.

1) I was out of work for 4 months in 2009 and was collecting unemployment.

2) In Texas, I was receiving the full amount of $319 per week.

3) I had about 8K in savings at the time and my bills were about 1600 per month for what I had to pay. Not including food or anything that may have come up, like fixing my car.

4) I stayed on unemployment instead of taking a minimum wage job for many reasons which I will list in a second.

5) Texas unemployment only lasts for 1 year and they require you to look for work and provide proof of that every week.




Now as to why I didn't just take a minimum wage job when I could have, I did some rough calculations. The payout for unemployment was roughly the same as what I could make working 40 hours a week at a minimum wage job busting my ass. While busting my ass on a job, I couldn't be looking for work as easily. Nor does working at a crappy job go well on my resume either. I also knew that I had enough savings, and my rental agreement would expire before I ran out of money. Which it did and I moved in with family for a couple of months right after starting my new job. I know the system works, but I also know it can be abused. Since I know my taxes paid for this I had no problem using it, nor can anyone make me feel guilt for collecting unemployment for 4 months.

However, this discussion for some reason brings up some song lyrics to mind 😀

The selfish blood runs through my veins
I gave up everything for fame
I am the lie that you adore
I feed the rich and fuck the poor


I got, you want
It's just, don't stop
I got, you want
It's just, don't stop

This is entertainment
Lies are entertainment
You are down on your knees begging me for more.
 
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