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


To: Brumar89 who wrote (507205)8/22/2009 11:27:20 AM
From: i-node  Respond to of 1578497
 
It is utterly insane for a country to provide 79 weeks of free money for people who don't want to work. Consider the title of this article:

Waiting Until Your Unemployment Benefits Run Out: The Pros and Cons

It is actually a "pro and con" analysis of whether you should live off the dole for 79 weeks, or go try to find employment:

associatedcontent.com

The problem is obvious. If you're paying people not to work, they are less likely to settle for a job that isn't "perfect" for them. And this simply exacerbates the nation's unemployment problem. If a guy wants to be a construction worker, will he turn down a job as a used-car salesman, looking for better employment? Some will.

And the problem that dates back to FDR's New Deal is still with us -- when unemployment rates are high, a year or less later, unemployment tax costs is higher. And it isn't a little. If someone had to layoff a lot of people during a downturn, it may cost nearly $500/each/year in increased unemployment taxes for the first year or two just to hire them back.

Employers are cognizant of this. It is, in effect, a penalty for hiring employees back after you've laid them off.

Talk about dumb.