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but some economists argue that stopping the unemployment benefits bill - with an estimated cost of $5 billion per month - will actually hurt the economy. "That's $5 billion that's yanked out of the economy every month," said Heidi Sierholz, an economist at the nonpartisan think tank Economic Policy Institute in Washington, D.C. "Each month, almost 1 percent of the GDP will be taken out of the economy if we don't extend benefits, and that's going to be a massive drag on growth."
Originally posted by MarcMandrake
The thing with the unemployment benefits are this… it is real easy to think that everyone on unemployment is milking it dry. That’s not the case. There are definitely some who are “milking the system”, but I would like to think that’s a small percentage.
Originally posted by PeasantRebellion
Extending unemployment for poor = $50 billion +/-
Extending tax cuts for rich = $700 billion +/-
So naturally we'll extend the tax cuts and cut off the unemployment. This is America, after all. It's the Christian thing to do.
Originally posted by americanwoman
It is my job to keep 8 positions filled. Full time w/a pretty decent benefit package. Hired someone who had been unemployed for a year. Worked for us 1 month, quit for medical reasons and promptly filed unemployment. Advertised position in local paper, population 18,000 and drew in 13 applications. Of those 9 had felony convictions, youngest of remaining 4 applications was 51. Two misspelled position they were applying for. One was offered position but declined because it was full time and would cancel his disability benefits. Where are these legions of unemployed???
Originally posted by americanwoman
It is my job to keep 8 positions filled. Full time w/a pretty decent benefit package. Hired someone who had been unemployed for a year. Worked for us 1 month, quit for medical reasons and promptly filed unemployment. Advertised position in local paper, population 18,000 and drew in 13 applications. Of those 9 had felony convictions, youngest of remaining 4 applications was 51. Two misspelled position they were applying for. One was offered position but declined because it was full time and would cancel his disability benefits. Where are these legions of unemployed???
Originally posted by subject9
reply to post by SaturnFX
GOOD.
Why always scrounge you useless jobless people.
When you have a safety net you never get motivated.
CUT ALL benefits and provide homes and care for Children in need instead.
The jobless waste billions of dollars.