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Tagged: unemployment

2010-08-11 :: madlibertarianguy // Dumbassery + Economy + Government + Legislation
Dangle It, and They Will Cave

All the federal government needs to do is dangle “free” cash for long enough, and eventually, states, even those who vowed not to accept more cash, will cave in. Los Times: Mr. Sanford joined several other governors who had initially expressed hesitation about the money but later relented, including Dave Heineman of Nebraska and Sonny […]

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2010-07-20 :: madlibertarianguy // Economy + Government + Legislation + POTUS
Admission of Failure

Without question, one should draw the conclusion that Obama’s pandering of jobless folk during his speech in the Rose Garden is a full admission of his failed $1,000,000,000,000 stimulus bill.  An opinion piece in The Wall Street Journal: Sure, Mr. Obama’s ostensible purpose was to lobby Congress for the eighth extension of jobless benefits since […]

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2010-07-20 :: madlibertarianguy // Dumbassery + Government + Legislation
Phrase of the Day

Political Expediency. Republicans back away from their (correct) stance of withholding further unemployment extensions which are not paid for by equivalent spending cuts elsewhere in the budget, rather than adding yet another $100 billion or so to the public national debt.  Only so long can a party be publicly accused of hating the unfortunate before […]

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2010-07-19 :: madlibertarianguy // Dumbassery + Economy + Government
A Typical Federal Winner

We were told by Obama that if only we had more job training, people could get back to work.  Peter S. Goodman via The New York Times: It was February 2009, and the city work force center in Downtown Brooklyn was jammed with hundreds of people hungry for paychecks. His caseworker urged [Israel Valle] to […]

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2010-07-08 :: madlibertarianguy // Dumbassery + Economy
Unemployment Benefits = Laziness

Sara Murray via The Wall Street Journal concerning people on the dole turning down good job offers: Management Recruiters of Sacramento, Calif., says it recently had a tough time filling six engineering positions at an Oregon manufacturer paying $60,000 a year—and suspects long-term jobless benefits were part of the hitch. [. . .] Some candidates […]

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2010-06-25 :: madlibertarianguy // Economy + Legislation
Incentive

I’m not saying that some people don’t need some help during down times, but perhaps this news might incentivize going out and finding a job rather than sitting at home even longer by extending unemployment benefits.  Again.  For the third, er, fourth time.

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