Unemployment insurance severely under...

Unemployment insurance severely underfunded

There are 21 comments on the San Bernardino County Sun story from Oct 21, 2010, titled Unemployment insurance severely underfunded. In it, San Bernardino County Sun reports that:

The state's Unemployment Insurance Fund is in the red, and state officials are now arguing just how deep that hole is.

Join the discussion below, or Read more at San Bernardino County Sun.

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California Sun

Long Beach, CA

#1 Oct 22, 2010
Where are the jobs you promised President Obama? It's too easy for people to collect unemployment, and then do a hustle on the side for extra cash.
AO Teacher

United States

#2 Oct 22, 2010
More redistribution of wealth - taking money from those who are working and producing, and giving it to those who are not. If California isn't dead yet, our economic policies will soon kill it.
Crazy-Mex

Yucaipa, CA

#3 Oct 22, 2010
Keep electing liberal demorats California will soon come to a stop. I don't think people realize how serious the situation is.
Kim

Kapolei, HI

#4 Oct 22, 2010
I have a novel idea! How about assigning jobs to unemployed and welfare recipeints?
Rufus T Firefly

Rancho Cucamonga, CA

#5 Oct 22, 2010
"The Legislative Analyst's Office earlier this week projected a $20-plus billion deficit by the end 2011, while the state Employment Development Department on Thursday pegged the figure at $13.4 billion."

So where is the impact of the $800-billion dollar stimulus plan passed by obama and his social progressive democrats? Why can't that money cover this "hole"? Government at every level can't keep spending at this level and yet you Californian's want to elect brown and boxer which will bring you more of the same?
Felipe

Hesperia, CA

#6 Oct 22, 2010
Another government program that should never have come into existence.
Let people keep their damn money and be responsible for themselves.
Let's depend on ourselves, our families, and communities (charity) more, and the corrupt and inefficient government less.

"The bigger the government, the smaller the citizen."

Dennis Prager
M-F
9 AM-noon
KRLA AM 870

townhall.com
Felipe

Hesperia, CA

#7 Oct 22, 2010
Kim wrote:
I have a novel idea! How about assigning jobs to unemployed and welfare recipeints?
The best way to do this is to eliminate welfare.
People will work, the few who can't may depend on family and charity, and it won't cost the taxpayers anything.
Well

Torrance, CA

#8 Oct 22, 2010
Really? So you are telling me that after paying people for 99 weeks, in a system where 25% of the people are not working to pay in, is bankrupting the system? No.....
Wasnt There

Diamond Bar, CA

#9 Oct 22, 2010
Quote; "California employers currently pay a combination of federal and state unemployment taxes of up to $490 per covered employee per week, according to the report. If changes are implemented, the employer tax contribution could easily double."

The person who wrote this flunked basic math. The Annual UI taxes paid by employers is $7,000 x 4.2%=$294.
Bob

La Verne, CA

#10 Oct 22, 2010
Unemployment assistance was meant to be a temporary fix to someone temporarily out of work. It now has become an entitlement program like welfare, Section 8 housing, food stamps etc. in which people make a career out of it. We need to do away with all entitlement programs. If people get hungry, they will find some type of work to survive. The problem we have is with a certain group of people in our society who are to lazy to work and have lived off of entitlement programs like their parents and grandparents. You all know who you are, so get off your butts and contribute to society or starve.
CeeJay

Ewa Beach, HI

#11 Oct 22, 2010
Wasnt There wrote:
Quote; "California employers currently pay a combination of federal and state unemployment taxes of up to $490 per covered employee per week, according to the report. If changes are implemented, the employer tax contribution could easily double."
The person who wrote this flunked basic math. The Annual UI taxes paid by employers is $7,000 x 4.2%=$294.
TYPO in article, it should be per YEAR not per WEEK. And amt paid to both Fed and CA UI is $490 per year for a new business starting up.
Kim

Upland, CA

#12 Oct 22, 2010
This statement is the most ridiculous statement I have ever read, "The unemployment insurance provides temporary payments to people who are unemployed through no fault of their own and is paid by employers". I am an office manager and I am so sick of the lazy employees that have no regard to company policy & procedures. They run up company cell phone bills, use the company credit card for personal expenses, don't show up for work, yell at our customers and when we fire them....they collect unemployment...GO FIGURE.....Hmmmm, wonder why the system isn't working...DUH....again I reference the statement from the above article, "unemployed through no fault of their own". Then who the hells fault is it?????????? Our system, who has made & holds no one accountable for their own actions.
FIX our majorly broken system
The real Mike C

Upland, CA

#13 Oct 22, 2010
Too many mexicans sucking the funds dry.
scorp27

Rancho Cucamonga, CA

#14 Oct 22, 2010
First of all consider yourself lucky if you are working and don't pass judgment on people who have had there jobs taken away. It's one thing when you disregard your job and get yourself fired but when you are all gathered together and told your company is closing down well that's another story. Oh by the way Kim, if you get fired you can't collect unemployment.So tell your friends in there cushy jobs to quit so someone that wants to work can work.
I'ts easy for people who have jobs,insurance and fancy cars to pass judgment,but try walking a mile in there shoes.
Dig Deeper

Baldwin Park, CA

#15 Oct 22, 2010
This problem is minor compared to the state's pension nightmare. California has the largest state pension systems in the nation. Its three major pension funds— administered respectively by the California Public Employees’ Retirement System (CalPERS), the California State Teachers’ Retirement System (CalSTRS), and the University of California Retirement System (UCRS).

The state's pension liabilities exceed $425 billion and each year it gets worse. The state legislatures tax and spend solutions and anti-business and anti-free market capitalism climate are leading this state to a depression for years to come. Major corporations are leaving the state, jobs are leaving the state, the rich and middle class are leaving the state and the once Golden State is turning into the Rust State.

Where will the money come from to pay those mega billions in pension liabilities? Raise taxes again and more people and businesses will leave.

Here's more info on this financial time bomb see http://tinyurl.com/27m5tj5
wingdemon

Los Angeles, CA

#16 Oct 22, 2010
Just like everything else in CA - Screwed up.
Wow

Covina, CA

#17 Oct 22, 2010
There are several elements to this problem, and "people" not the government are mostly to blame. First, in a recession 85% of us still have our jobs but we tighten our belts anyways and stop spending money ("I might be next" mentality), which makes businesses lose more money and fire more people. It's a downward spiral made worse by people's actions based solely on psychology. So #1 - do your part and go out and spend money if you want to help the economy.

Second- the jobs are there but they have mostly gone underground. How do I know? I happen to work in the court system where child support cases are heard. The truly innocent victims of this recession are the children whose deadbeat dads come in by the hundreds every week and show proof they are on unemployment. Their child support gets lowered to a minimal amount and the mom and kids now have to struggle even more, thus they also spend less (see above). On top of that, almost every single mom (and they know these losers they had kids with very well) tells us "He's working under the table! and collecting unemployment! But there's nothing we can do about it. That's up to the state to figure out who's committing fraud, not us. They are collecting unemployment, not paying taxes like the rest of us, and living off our taxpayer funded employment all at once. So, spend money and report anyone working under the table to the State.
Ed Nugent

Cincinnati, OH

#18 Oct 22, 2010
Good riddance to the badly mismanaged '00's.

Those thinking about long-term recovery, know the environment will be a big winner in the conversion to biofuels & biopower -- cool satellite view of earth; Balkingpoints / www
Jake

Pomona, CA

#19 Oct 22, 2010
I have owned and operated a business in California for ten years now. I honestly cannot afford anymore taxes, I have taken a severe pay cut myself the past two years, raised prices and still cannot make ends meet. With the current taxes I still am not sure I can make it. If the state raises taxes anymore on small business then I am certain to go under. It is very sad, I work hard, provide a good working environment for my employees but the state is still not satisfied. Many businesses are leaving or going under as result. This will continue to cause a loss of tax base for the state. They (California Legislature) have created a snow ball effect that may not even be stoppable at this point. Just like when they raised registration fees for vehicles. Many people took their vehicle out of state and registered it there. The state now lost the income from that vehicle but raised it on yours. FIRE EVERY ELECTED OFFICIAL THIS ELECTION! If a new politician starts giving into the pressure of unions and other corruption, recall them right away!
PJ said

Victorville, CA

#20 Oct 22, 2010
Ed Nugent wrote:
Good riddance to the badly mismanaged '00's.
Those thinking about long-term recovery, know the environment will be a big winner in the conversion to biofuels & biopower -- cool satellite view of earth; Balkingpoints / www
And the state will be the looser. Yes on 28.

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