Unemployment Trust Funds

[LegendKiller]

I have yet to figure out how this is supposed to be blamed on Obama.

 

[bamacre]

There are other ways of cutting spending. I'd MUCH rather they end the wars, bring our troops home, and close a lot of our overseas military bases rather than cut areas of spending that actually do some help to Americans in trouble.

 

[Rainsford]

There are other ways of cutting spending. I'd MUCH rather they end the wars, bring our troops home, and close a lot of our overseas military bases rather than cut areas of spending that actually do some help to Americans in trouble.

Very few people actually want to "cut spending". Most people who use that phrase mostly just want to cut particular areas of spending, and are too lazy to come up with a better justification for why.

 

[Ozoned]

The phrase "trust fund" here seems misplaced...although I can see why conservatives would start trying to use it. Unlike a trust fund, unemployment ISN'T going to be enough to never have to worry about money again. I know people who have received unemployment benefits, and they hardly ever replace an actual salary.

There is plenty of incentive to get a job. Unless of course you're a rich kid with an ACTUAL trust fund.

We call them What the fed & the states call them You might try jumping in at the begining instead of the middle...

 

[Throckmorton]

There have been tons of reports that say people staying on unemployment are doing so because it's there and being extended. They have no need or desire to find work because there is no motivation to do so when they can sit at home.

Dude, the unemployment rate is 10%. That's why people are unemployed. /facepalm

 

[Double Trouble]

I find it hard to believe that in this environment anyone who had a real job and got laid off would be ok with just collecting unemployment instead of trying to get a new job. Unemployment maxes out at a very low rate compare to average pay of a non-Mcjob.

That said, some people do view it as a little break from work since they're getting paid at least something in the meantime.

Regardless, it's definitely not a good sign that all the states are running out of UI money and the fed is just borrowing and printing more. That seems to be the running theme these days. Not much of a choice though, that's something where I think borrowing is warranted.

 

[PingSpike]

If you work under the table the unemployment benefit is pretty sweet. That's pretty common around here, along with summer layoffs for ski resort help and winter layoffs for landscapers.

This isn't really new to this recession though. I have no idea how common overall it is (there obviously aren't statistics for this) but I know its not uncommon.