by designs 5 Replies latest social current
Several million Americans will stop receiving unemployment benefits if the Senate does not approve an extension. Is this the time to cut benefits.
Should the Benefits package be part of the Federal Deficit or should it be addressed with Offsets, which seems to be the main point of contention.
Are there enough temporary jobs available or jobs which may not be a persons ideal choice.
America's social security programme sucks. The rich get richer and the poor just get screwed.
What is the maximum number of weeks that a person should be able to draw unemployment benefits? If the answer is indefinitely, then stopping the benefits is problematic. If the answer is a finite time period, what is that period?
The availability of jobs should be taken into consideration. On the other hand, I know quite a few people who haven't even started looking for work until the benefit runs out.
Most people, especially those who lost manufacturing jobs, need to realize they will NOT find a job paying as much as they made before everything went to hell. That gives them very little incentive to go back to work. They can sit home and get the same amount of money as they will get working at Wal-Mart.
Things are bad. Very bad. I don't know if the ecconomy can afford to cut off aide to several million unemployed... And I don't know if we can afford to continue them.
It's just not good. Not good at all.
Bernanke Warns Of Severe 'Social Consequences' Of Unemployment
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"There are obviously very severe economic and social consequences from this level of unemployment," Bernanke said at Ohio State University. "So getting new jobs, getting unemployment down is of an incredible importance."
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The high share of workers who have been out of work for six months or longer is troubling, he said, because those workers face a particularly high bar to reentering the labor force both because they lose skills and because employers may question their suitability for employment.
Bernanke also said the elevated jobless rate makes businesses and households reluctant to spend because they are uncertain of future income.
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http://www.huffingtonpost.com/2010/12/01/bernanke-longterm-unemplo_n_790285.html
