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 […]
Comments Off on Dangle It, and They Will Cave »
Read the rest
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 […]
Comments Off on Admission of Failure »
Read the rest
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 […]
Comments Off on Phrase of the Day »
Read the rest
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 […]
Comments Off on A Typical Federal Winner »
Read the rest
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 […]
1 comment »
Read the rest
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.
Comments Off on Incentive »
Read the rest