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Edited by Bistromathics:
12/28/2013 8:05:59 PM
28
1.3M Americans lose unemployment benefits today
Benefits were extended in 2008 and are set to expire today. Unemployment benefits are provided to those who are looking for work and can be withdrawn if criteria are not met. It is expected that this will cause a drop in the unemployment rate, since those who lose benefits may become frustrated and stop looking for work-- thus removing them from the unemployment figures. President Obama has called for an extension, once Congress returns from its recess.
Opponents of an extension say that the unemployment rate has gone down, people should have planned for the expiration and gotten jobs by now, and that benefits make people too dependent on government. Supporters counter that the rate is still at a historically high level, jobs are still hard to find, and the basic support provided by benefits wouldn't discourage people from striving for a higher standard of living. Opponents also state that benefits only add to the deficits, since they are expected to cost $25 billion. Supporters say that government stimulus has helped the economy grow.
Either way, the fight over benefits will only add to the war that is sure to be waged over the debt ceiling when Congress returns from recess.
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2 RepliesEdited by Deleted User: 12/28/2013 4:54:00 PMWhat. A Lot of people don't understand is when they state they created jobs, most of them are part time jobs on the service industry with no benefits. So taking them away is bad because when people cant find jobs and have a family to feed they will do whats necessary to keep their family fed. Thus you create criminals that are willing to do anything to feed their family. They get caught then your spending millions in the justice system to not only charge them but to put them in jail. You take the costs of the courts and the penal system to say 50-70 percent of the people who will become criminals because of this. It will cost triple the amount that those benefits cost. Not to mention its pretty shitty considering most have worked and paid taxes to have those benifits.
