http://crossmolina.blogspot.com/2009/11/finallybig-time-ceo-washington-is.html

http://crossmolina.blogspot.com/2009/11/one-more-timewhy-we-have-10.html

http://crossmolina.blogspot.com/2009/07/job-market-vigilantes.html

http://crossmolina.blogspot.com/2009/04/american-business-has-buyers-remorse.html

http://crossmolina.blogspot.com/2009/05/obama-opens-another-front-in-war-on.html

http://crossmolina.blogspot.com/2009/02/kudlow-nails-it-obama-is-waging-war-on.html

Nor are his observations unsupported:

http://pajamasmedia.com/blog/whether-or-not-obama-focuses-on-economy-it-gets-worse/

http://biggovernment.com/2009/10/24/obama-vs-the-american-businessman/

As David Farr, CEO of Emerson Electric put it recently:

My job is to grow that top line, grow my earnings, grow my cash flow and grow my returns to the shareholders. My job is not to shrink and roll over for the U.S. government.

1) The feds funded the EXTENSION of normal unemployment benefits with the stimulus. Since those extensions of benefits are federally funded they aren’t directly charged to employer accounts the way regular benefits affect the employer’s “experience rating.”

2.) Employer accounts have been hard hit by higher normal claims, which is expected in downturns if there have been layoofs.

3.) The real scandal is the degree to which employer accounts were drained in “good times.” The old saying in govt is “don’t kill the job” and in the Unemployment Insurance “business” paying out benefits is the way to keep the job going. This not only pertains to unjustified claims made against employers by their employees, but massive “solvency assessments” levied against employer accounts. Solvency assessments are charges made against employer accounts, not for benefits claimed by former employees of the employer, but by the state Unemployment Dept for their reckless spending on unmeritorious claims. These solvency assessments are huge in some states.

The Pelosi and Reid healthcare bills add uninsured below a certain pay level to Medicaid which increases the burden on states. And private insurance premiums are taxed in most states, so those that move to government care will not pay a tax to the states. More lost income for the states. Ah, those unintended consequences can kill you.