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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (459690)2/27/2009 9:43:35 AM
From: i-node  Read Replies (1) | Respond to of 1576748
 
What about until the economy has enough jobs that he can find one.

Unfortunately, that's not the way unemployment works and there isn't enough money to do that.

If you have 10% unemployment and all those people are on benefits for a full year at $1100/month, you do the arithmetic -- you're talking $400 Billion a year. Over five years, if a depression develops, you're talking $2 Trillion when tax revenue has dried up. Surely, you can see how the government can't conceivably commit to paying everyone who loses his job in all circumstances? This isn't complicated.

Right now there are dozens of people applying for each opening.

This is a vast, vast overstatement of the size of the problem as of this point in time. I think you're listening to "Bad News Obama" a little too closely and too much.

You think those people should be homeless? Will that speed a recovery?

I hate for anyone to be homeless. But I also realize the government cannot take care of everyone who loses his job if the current crisis worsens, which it seems to be doing daily since Obama was elected 4 months ago.