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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 Unemployment benefits are provided to those who are looking for work and can be withdrawn if criteria are not met.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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16 RepliesEdited by IchEsseKinder: 12/28/2013 6:16:31 PMOh no! People have to be productive members of society! Oh so how terrible! Trust me, it's not hard to find a job. If I was able to get multiple calls at the age of 18 (with no working experience) then anybody can. All it takes is to dress appropriately, talk maturely, and print out attractive resumes/cover letters. Clinton actually did good with creating TANF but it has now become the opposite of what it was intended. Now people who simply are lazy take advantage of it which costs the people who do need it (they may have a job but need an extra push) get punished. Rework the sytem so the lazy don't get it. Simple enough.
