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

To: Peter Dierks who wrote (587103)	9/23/2010 2:04:03 PM
From: tejek	Read Replies (1) \| Respond to of 1573988

We now have confirmation that Barack Obama truly loves poor people. Because he is creating so many of them. LOL. I clearly made a mistake taking you off ignore. You've learned nothing.

To: Peter Dierks who wrote (587103)	9/25/2010 9:29:10 PM
From: FJB	2 Recommendations Respond to of 1573988

NYT learns unemployment benefits lead to unemployment By Steve Adcock · August 18, 2010 · smallgovtimes.com If you are a frequent reader of the SmallGovTimes.com, you are probably aware that social entitlement programs have a way of contributing to the very causes that said spending is supposed to prevent. According to a recent New York Times article, the paper has just learned that, stunningly, extending unemployment benefits leads to – you guessed it – extended unemployment. The NYT studied the Denmark system, often hailed as a mecca for lavish social spending and low unemployment, and found a clear correlation between unemployment benefits and the unemployment rate. More times than not, workers often find jobs soon after being unemployed, and those who do not simply ride out their government benefits and find work shortly before their checks stop coming. Data from Denmark’s Labor Market Commission (graph to the right) clearly indicates a sharp spike in the number of people finding jobs just months and weeks before their benefits were to run out (the green line). The data also showed a remarkably similar trend back in the late 90's when Denmark’s unemployment benefits covered a whopping five years (the red line). When faced with budget shortfalls, the socialized nation began cutting back their benefits to the unemployed – from four years to two. Citing knowledge of how people tend to soak up as much government money as they can until it runs out, the impetus to continue paying people to essentially enjoy their time away from a real job had become nonexistent. “So you need to have a period of unemployment that is as short as possible,” remarked Denmark’s finance minister. Evidently, the longer that people remain unemployed, the tougher it is for them to find work. Interesting! Denmark is not alone. Many European nations are struggling with similar budgetary concerns as governments continue to pay their citizens during times of unemployment. The United States’ recent extension of unemployment benefits is the latest example of, as the NYT apparently just learned, social entitlement programs being used to exacerbate these very problems. The union-heavy Danish system provides unemployed workers nearly 80% of their previous wages in return for attendance in training programs that are geared towards equipping their citizens with the skills and experience needed to find new jobs. About the Author Steve Adcock is the founder and developer of SmallGovTimes.com