By definition, in order to collect unemployment, a person has to have been employed, so no one's been supporting that person from 'cradel (sic) to the grave'. I also challenge you to cite proof that 'to (sic) many people that waits (sic) until the last three wks before their unemployment runs out before they start looking for work'.<quoted text> I'm 100% for helping people get on their feet. But against supporting them from the cradel to the grave. If a person is in school getting retrained, then I could support more than 26 wks unemployment.
There is to many people that waits until the last three wks before their unemployment runs out before they start looking for work. 26 wks or 99 wks they still wait until the last 3 wks.
We are emerging from the worst economic slump since the Great Depression, and job growth has been unusually and painfully slow. Only in the past few months has the economy shown real signs of life. Job growth is improving but still sluggish, with unemployment is still hovering at 7 percent, not counting the millions of Americans who have completely given up looking for work.
Once again, the US Department of Labor itself says that there are three job seeker for every one job available, at this time. What rationale is there in cutting unemployment benefits to 1.3 million long-term unemployed when, at BEST, there are only 433000 available to that group of people? Not only is it a stupid economic move, because the long-term unemployed can't even pay basic bills or buy goods and services, but it's also cruel, on a human/moral level.
The nonpartisan Congressional Budget Office estimated that extending long-term unemployment for a full year would cost about $25 billion, which would add to the deficit. But the measure would also boost economic growth by two-tenths of 1 percent and create 200,000 jobs. Given that interest rates are at historical lows, and given that the imperative right now is to create growth and jobs, refusing to extend the benefits is counterproductive as well as cruel.
Can you hear me now?