What will happen when all the unemployment runs out?

Well there is one comforting thought in all of this. It is the thought that unemployment can't go over a certian rate because society would implode. There can never be 100% unemploymet because that would mean no one to run things. In realitty inemployment can only go to maybe 40% or so before our soceity would really start to unravel. At the most unemployment may grow to 40% but I doubt it will ever go higher than that.

My job was eliminated this past January and the unemployment rate has doubled in TN since then. My employer health care ran out in April. Who can afford COBRA? This week I have my last extended unemployment check of $13 to look forward to. Happy Thanksgiving. The people at the employment office have told me that a second extension should be there when this runs out, but I just wait and see.

I hope that at least part of that so called stimulus money that has been given out this year was spend on stimulating business so the job market would open up, but from everything I've read that has not been the case. Even the local fast food places have a hiring freeze in effect.

But I guess there is a bright side to all of this. I could relocate to India and work in an American company's call center.

Originally posted by Stinkhorn1
reply to post by QBSneak000

 

I don't think he means when the money runs out, obarry will just print more. What he is talking about is when the unemployed cannot collect anymore because their unemployment is exhausted.

You people that elected this community leader are getting what you paid for and so are the rest of us, we are getting a swift kick in the bung hole!

This is exactly what I mean. What happens to all the people once the money runs out.

I know, Obama will print more. Not the answer I'm shooting for. I want to know what people plan on doing once they don't get gov't help anymore.

reply to post by marg6043


Thanks for that tidbit of info!

[edit on 24-11-2009 by havok]

40% of 300 million+ is alot of poor, hungry people. I think the % of unemployed the would cause a socitial collapse is lower than 40%. Esp. considering how interconnected we are now compared to the Great Depression. Back then, rural Americans were 70% of the population and almost all of them knew how to survive as subsitence farmers. Not to mention how spoiled and weak-willed most people are now. present company excluded. of course

reply to post by jacksmoke


Ah! Eureka! A valid point....Starred.

Thats exactly the basis for the question!

Originally posted by QBSneak000
Its hard to believe it would ever run out. After all, there are still millions of people that still have jobs that pay into it every pay cheque (at least thats how it is here in Canada). The only way I can see it completely running out is if everyone in the country was unemployed.

Yeah, but what happens when unemployment reaches 50%? You'll have to take half the pay away from those working and give it to those that aren't. Pretty wicked. Instead of at least half still living fine and high off the hog, now everyone will be living with not enough. With unemployment at over 10% now, that means 9 of you that are working are paying for every one that isn't. That can be pretty spending when you didn't have enough for yourself in the first place. And so the vicious cycle begins. As unemployment goes up, more with be taken from those still working. The working will eventually break under the strain of having to support two families on the income of one. Don't worry though, hell will break out before we ever get to that level of desperation. As unemployment goes up, they will simply have to shorten the length of the benefits. That in turn will only increase desperation and crime. Buy a gun and enough ammo. If all hell breaks out, the cops won't be coming when you call 911. That's what will happen. If you have family, it's your duty to protect them .. from both being robbed and starvation (meaning you may have to rob to feed them too). Yeah, it will get ugly. Too bad the children have to see this.

If they can bail out the banks for trillions they can bail out the unemployed for billions. Sheesh. What's the big deal?

Also, did you know there are people (mostly the ones who still have jobs) who still don't believe unemployment is that big a problem? Yeah. I know lots.

Funny, they're mostly all the same people who made like an ostrich and let this country get to the state it's in. Hell even I saw this coming in the 1980s when they moved the first manufacturing to I believe it was Mexico and then the next big wave around 1991 when jobs started really moving to India.

Sarcastic, cynical, and bitter? Maybe. But I figure there's not need to stress...eventually some breaking point will be reached or some level of consciousness will be achieved and real change and hope will ride again.

Until then, enjoy what you have while you have it...however little or much that may be.

[edit on 24-11-2009 by ~Lucidity]

Originally posted by ~Lucidity
If they can bail out the banks for trillions they can bail out the unemployed for billions. Sheesh. What's the big deal?

Do you really think the gov't will do this?

After seeing that WE, the American taxpayers, bailed the banks out, and the stock market!

Based on what I see, they're not too worried about helping out the un-employed.

Hopefully, the public gets a big enough break, like the banks.

Man...I cannot spell today!

[edit on 24-11-2009 by havok]

reply to post by havok


No. Sorry. That was sarcasm.

However, they did set a trend when they bailed the banks out. Socialism with my money for corporations who mismanaged their businesses is okay but for people who lose their jobs for stupid reasons beyond their control is not okay.

I'd rather my money go to feed a hungry family or help them keep their home.

And it's ironic to me how the same people think socialism is fine for the big boys who mucked up (and don't even see that as socialism) isn't fine for people who didn't. Little things like that bother me. But I'm weird.

When and if unemployment payments quit coming people will either find jobs or start starving. Hungry people will do whatever they have to in order to survive, so I would expect outright looting to occur areas where the unemployed are no longer getting checks. Long story short as unemployment rises and more people lose benefits things will only get worse irregardless of what the talking heads say to save their own hides.

reply to post by havok


I think your user name just about sums up what will happen. In all reality, there will be a return to the classic bread lines in Anytown USA. Those without will have to make do with the extreme basics as issued by our "friends" in govt.

I know my local food bank is struggling to keep up with demand as it is now around the holiday as is the bank that my mom volunteers in. No telling how bad it will get if the bottom falls out of the safety net.

Foreclosures and evictions will continue to rise of course as will the number of squatters protecting everything that they have left at all costs.

Let's just hope that it never gets that bad.

[edit on 24-11-2009 by jibeho]

reply to post by ~Lucidity

www.321gold.com...

F.D.R.'s program of robbing from the working man to benefit Wall Street and the bankers is in full swing, and Ronald Reagan was one of its greatest disciples.

Indeed, the only thing which seems to have changed is that the evil has become more blatant. Mr. Krugman, the whole New York Times and the rest of the nation's media supported Henry Paulson's program to openly steal $750 billion from the American people and give it to Goldman Sachs. Paulson didn't even pretend to be helping the poor. He was just stealing from the average American to benefit the rich. Also, the character of the rich has changed. The Robber Barons of the late 19th century were great, productive geniuses. They got rich by increasing production, and they made the rest of the country wealthier with them. Henry Ford made himself rich by making a car so inexpensive that the average guy could afford to buy it. But today's rich get rich by having the government (via the central bank) manipulate stock prices up and thus bring them $billions in stock options. Socialists of yesterday, who violently hated the old rich, do not have any problem with today's rich, who are nothing but a bunch of parasites.

i'm pretty much known as being a cynic, & just an arm's reach from being a Gloom-&-Doomer...

Just so everyone else knows... There is no shortage of Unemployment... the puppet masters & the Elites just haven't gotten around to the other 75% that are still getting a paycheck...As Yet !

by next summer the Gov't (false figures) will have the 'unemployed' at 10.9%... but in reality the workforce will be the core 'favorite sons' of the local business and those handful of workers which actually do the work...who are mainly the non-elite execs.

when insured wages & the series of extensions run out... it will be election time again in 2010...
after the election there will be implemented a very foreign idea of dealing with the chronically unemployed

"...a very foreign idea of dealing with the unemployed..."

I'll bite. What?

Originally posted by Helig
When and if unemployment payments quit coming people will either find jobs or start starving. Hungry people will do whatever they have to in order to survive, so I would expect outright looting to occur areas where the unemployed are no longer getting checks. Long story short as unemployment rises and more people lose benefits things will only get worse irregardless of what the talking heads say to save their own hides.

There we go. More good info. See, the times aren't like the Great Depression. We have more complacency now. Less people actually know what "field-dressing" means.

I have a feeling that this world is in for a rude awakening...
Sign of the times I suppose. You can only deny ignorance for so long.

Until it hits you in the face.

I don't think 80-90% of the people in the US are ready for anything like that.

Not taking this subject lightly...Just thought I'd share this saying I've lived with a long time,

"He is richest who is content with the least".

(For once,a quote not from the bible! Surprised?!)...at least I don't think it is???

Well,what people will be doing is following whoever seems to offer them a better way! A Savior,if you will,...

Or,..."Here,just take this chip,we'll credit your account,and you will have money for food,...And here's a nice internment camp for you to live in,..??"

Originally posted by On the Edge
Not taking this subject lightly...Just thought I'd share this saying I've lived with a long time,

"He is richest who is content with the least".

(For once,a quote not from the bible! Surprised?!)...at least I don't think it is???

Well,what people will be doing is following whoever seems to offer them a better way! A Savior,if you will,...

Or,..."Here,just take this chip,we'll credit your account,and you will have money for food,...And here's a nice internment camp for you to live in,..??"

Good point. Following the "leader". Whoever can make life the easiest!
That is a very thought provoking sentence.

Are some of you proposing that upwards of 40% of 300 million Americans ought to become hunter-gatherers during this crisis?

Look, if you are in a rural area and have land, all the better to ya. Good for you. Many people live in these places called cities, and we cannot exactly go down Madison Ave and shoot a buck.

If you think the industrialization of the USA was a bad idea and cities are a bane on your image of American society, 1850 would like to have you back.

Who will manage the telcos and copper that bring power to you and your internet access? Who will manufacture the fiber that runs the backbones?

I know you can survive if you have a creek and some resources, but we are talking about infrastructure brought upon by modern life. If I become unemployed I am not going to go hiking to hunt squirrel.

Seeing as we seem to be sliding towards Socialism, if we end up with too many people unemployed, I think that we'll see something like was done during the 1930's with the WPA.

There will be government work camps. There are tons of things that need to be done in terms of rebuilding the infrastructure of the US. There are bridges that need to be rebuilt, mass transportation that should be built etc.

So, rather than looting and pillaging I think that we'll see the government become the employer of last resort.

I hate to dredge up the aftermath of Hurricane Katrina and New Orleans but, the behavior of many of those residents prior to and after the hurricane speaks volumes as to what we may be faced with if the safety net fails.

As Havok mentioned, our current generations seem to be seriously lacking in the area of self reliance. Far different from self reliance capabilities of the nation during the Great Depression. We are living with the Gimme Gimme's now and when there is nothing left for them to take....

Prior to Katrina landfall, residents were given plenty of warning to leave town and many ignored the warnings and stayed behind wondering who was going to come to their rescue. The blame game is still being played to this day. Granted, there were a lot of F- ups down there so, the lesson learned should be that of self preservation. Look out for yourself and your family first and don't count on the govt for anything. Whatever you get from the govt. should be considered a bonus.

Above all, desperate parents are capable of doing anything necessary to protect and provide for their children.

In the UK you get around £64 a week (Job Seekers Allowance) whether you need it or not. So long as your National Insurance contributions are up to date (12% of any income over £85 a week) This also pays for your pension at 65.

You get this allowance for 6 months. After 6 months if you have less then around £7,000 you get a simiar payment which lasts indefinately.