Extending Unemployment Compensation

@bobmnu (8160)
United States
March 10, 2010 12:34am CST
Is it a good thing to extend UC to 99 months? I think it will discourage people from looking for a job because they have some security and lots of free time. Many are working "under the counter" and enjoy it. What do you think about extending UC?
4 responses
• United States
14 Mar 10
I think that in this case extending benefits is needed to ensure our economy doesn't completely collapse. Do you want to see foreclosures increase? Do you want to see soup lines like in the Great Depression? I personally think that every CEO of every corporation that took TARP money should make $100,000 a year. How do you feel about these CEO's making millions off of YOUR TAX DOLLARS.
@mslena75 (562)
• United States
14 Mar 10
You make a very good point. We have to keep spending spending spending to get out of the hole. I think things are becoming very scary in this country, I can't imagine.
@bobmnu (8160)
• United States
14 Mar 10
If you limit the CEO's to $100,000 think of the tax money you are losing. The great Idea of denying the Wall Street Bonuses cost New York state an estimated 3 Billion Dollars and New York City close to 3/4 Billion Dollars. Great way to punish the Wall Street rich.
• United States
14 Mar 10
Bob, so what you are saying is that the state of New York should make money off of YOUR tax dollars. Using your logic we should pay the CEO's of AIG, Chrysler, GM, and CITI unlimited amounts of money so that they can pay taxes on that income. Please explain to me what kind of sense this makes? I have no problem with companies paying bonuses with money that they make from none tax payer dollars. It is entirely different when it is public tax dollars. See Bob my logic works, see how many TARP companies paid the money back as soon as they could so they could write big bonus checks to themselves? I have facts, and history on my side here Bob: What do you have?
@spalladino (17922)
• United States
10 Mar 10
Just because some folks may be abusing the system or not looking as hard as they should for another job doesn't mean that everyone is. There are too many people out of work, too many families struggling to make ends meet, to paint all of them with one brush. Again and again I see reports on the news of long lines of applicants trying to get one of the few openings a company has available. Unemployment only pays a percentage of what you previously earned...no one is living high on the hog on those benefits.
@bobmnu (8160)
• United States
10 Mar 10
Having been on unemployment I know that most people look for an equal pay job to the one they had and will not take a job until UC runs out. By extending the time you can collect you extend the time one remains unemployed.
@spalladino (17922)
• United States
11 Mar 10
It sounds like things are going fairly well up there where you are...and in South Dakota and Utah. The last time I went to the mall here in Florida most of the stores were empty...and the mall I hung out at as a teen in Maryland is shut down completely. I think it's safe to say that there are pockets where the economy has not been as hard hit but, with double digit unemployment across the country, it's impossible for that to be the norm. It wasn't just one or two industries that cut back on employees or shut down...it was many.
@bobmnu (8160)
• United States
14 Mar 10
When I faced a layoff on a couple of different times I had to relocate to get job. At one point AI had three houses and making payments on all of them. How many people will not relocate. Some times we have to make hard choices.
@cripfemme (7713)
• United States
8 Apr 10
I think it will be good, because people will have time to find out what they really want to do for employment instead of taking survival jobs, i.e. jobs you have take just to eat, pay rent, etc.
@mslena75 (562)
• United States
14 Mar 10
I think it is a double edged sword. I say that because I absolutely think that there is a need...but I do think some people get comfortable. I would be scared out of my mind if I found myself a job. What gets me is people who complain about not having a job, but they get several offers that they TURN DOWN. THAT doesn't make any sense to me. It is rough for people where I live and I know folks who'd give their eye teeth for ANY offer. I know some people who get offers, but then decide they are getting more on employment so they don't take the job. I say you never know when an opportunity might lead to something better or to someone who can help you along the way. I'm type though, I'd get 3 crappy jobs if I had to. But it's just like anything else...there are people that are using it as it is intended, and those who don't. You can punish those with the genuine need because of the ones who are taking advantage.