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33 weeks on top of the standard 26 weeks seems pretty reasonable to me. We're 2.5 years into the "recovery" now - how many weeks were available at this point in previous recoveries?
If the economy falters they can always add more benefits later, but of course none of this affects people who lost their jobs while the economy was actually in recession. If you lost your job in June 2009, the last month of the recession, your benefits have long since expired...
CC, seems like you are being as deceived as millions of other Americans. The recession never ended in June of 2009, despite what the NBER would like us all to believe. I have read multiple articles that logically support the recession as ongoing and that the information/data provided to the contrary are false and overstated (growth in GDP). There is also data that shows how for every dollar paid in unemploment benefits $1.22 is generated in the economy. This leaves me wondering if the GOP is being controlled by groups who do not have American's best interest at heart (Muslims etc.).
I understand that the NBER points to positive growth in GDP but many other studies show that as being overstated by government increasing debt that has given this false growth and when that is taken out of the mix, this Country remains in a recession.
Out of curiosity, are you unemployed CC? Do you support the GOP?
Haha - well, Wisconsin just lost another 17,400 private sector jobs, with an additional 1,250 going to Mexico in the next few months, and yet our unemployment rate fell from 7.6% to 7.3%? And, generally, every newspaper account says employers are not planning to hire.
But, somehow state sales and income tax revenues are up. I will say, speaking from personal experience, the WI Dept. of Rev. is like a dog with a bone - they come after you for every red cent.
CC, seems like you are being as deceived as millions of other Americans. The recession never ended in June of 2009, despite what the NBER would like us all to believe. I have read multiple articles that logically support the recession as ongoing and that the information/data provided to the contrary are false and overstated (growth in GDP). There is also data that shows how for every dollar paid in unemploment benefits $1.22 is generated in the economy. This leaves me wondering if the GOP is being controlled by groups who do not have American's best interest at heart (Muslims etc.).
I understand that the NBER points to positive growth in GDP but many other studies show that as being overstated by government increasing debt that has given this false growth and when that is taken out of the mix, this Country remains in a recession.
Out of curiosity, are you unemployed CC? Do you support the GOP?
Yikes - believing the unemployment and GDP growth numbers published by the obama administration makes me a right-wing wacko??? I have no idea how to respond to that.
Am I "unemployed"? It's been right around a month since I last found an opening to apply for, so I'm on the cusp between "unemployed" and "marginally attached". Most of the time I would definitely conform to the definition of "unemployed". (But somehow I suspect you probably reject the validity of the official definition of the term?)
And if some study found that every $1 dropped out of airplanes generated $1.22 of economic activity, would you conclude that our main problem is that we're not dropping enough money out of airplanes?
[Edit] - Oh, I should add that I fully understand that deficit spending artificially inflates GDP growth in a totally unsustainable way. What I don't understand is how that should convince me that even more deficit spending on UE benefits or anything else is a good thing?
Feinstein plan would preserve unemployment benefits for hardest-hit states
As negotiations continue over President Obama's payroll tax holiday, Democratic Sen. Dianne Feinstein is floating a proposal to preserve long-term unemployment benefits for residents of California and other hard-hit states that are being targeted for reductions by Republicans.
Under the Republican proposal, jobless benefits would immediately be cut back to a maximum of 79 weeks, with a phase out to 59 weeks in mid-2012 for most states.
Feinstein is proposing to preserve 99 weeks of benefits in states where the unemployment rate is beyond 10%. At least 10 states still have jobless rates in the double-digits, according to the Labor Department...
Feinstein plan would preserve unemployment benefits for hardest-hit states
As negotiations continue over President Obama's payroll tax holiday, Democratic Sen. Dianne Feinstein is floating a proposal to preserve long-term unemployment benefits for residents of California and other hard-hit states that are being targeted for reductions by Republicans.
Under the Republican proposal, jobless benefits would immediately be cut back to a maximum of 79 weeks, with a phase out to 59 weeks in mid-2012 for most states.
Feinstein is proposing to preserve 99 weeks of benefits in states where the unemployment rate is beyond 10%. At least 10 states still have jobless rates in the double-digits, according to the Labor Department...
It seems like a no-brainer to me. States like CA that continue their unsustainable spending habits deserve to be bailed out by the states that made the tough decisions to get their spending under control. Isn't that the American way?
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