Wonderful: At A Time When We Need Jobs, Employers Being Forced To Pay Laid Off Workers More

Because nothing says “putting America back to work” by paying the people who aren’t working more.

NEW YORK (CNNMoney.com) – Unemployed Americans are set to get up to 20 additional weeks of jobless benefits, while new homebuyers are poised to see the $8,000 tax credit extended into mid-next year.
The House approved the measures by a 403-12 vote Thursday afternoon, a day after the Senate passed the legislation. The bill now moves to the White House for the president’s signature.
The closely watched legislation would extend jobless benefits in all states by 14 weeks. Those that live in states with unemployment greater than 8.5% would receive an additional six weeks. The proposal would be funded by extending a longstanding federal unemployment tax on employers through June 30, 2011.

So the people we want to be hiring more people, the businesses that actually employ people, are getting taxed more to pay for greater benefits for the unemployed people.
Makes perfect sense. If you’re a politician.
Why don’t we jack up the minimum wage to $100/hour too while we’re at it. After all, that helps right?

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  • http://Array I don’t like the GOP

    The repugs should back 20 additional weeks of jobless benefits. It will push up the unemployment rate statistic and give you something to cheer about.

    I know that you would like double digit unemployment. Terrorist attacks on Americans. A housing slump. Lower gdp. Slipping dollar. High oil prices. H1N1 vaccine side shortages and side effects. …

    I guess that is what makes you “great Americans”. (sarcasm)

  • sayanything-9974

    Good reply – but I doubt if that numbnuts has the attention span necessary read it all the way to the end. That’s OK someone can just tell him how he needs to ‘feel about things’. Maybe that was one of the 6 people that watch MSNBC.

  • http://fu.com/ robert108

    The Dem solution to the massive unemployment their anti-private sector policies have caused: subsidize it!

  • http://sayanythingblog.com/ Pfeh

    Quite well, for the terrorists. They have big given a clear signal to enter their “re-group, re-build, re-arm” phase. Expect attacks on us to resume when they feel good and prepared.

  • sayanything-9974

    What a blithering idiot. It is the Democraps that hate to waste a good crisis (they have made this a great crisis). I am not sure how to respond to such ignorance and blather. But I must try.
    Maybe if the Government provided jobs for all, and we could just speak with the terrorist and reassure them we just want to sing cumbiya while they behead dolts like you, and then require banks to loan mortgage money to illegal aliens and any unqualified person that wants a house, penalize the producers, print money as needed, increase government spending and add new entitlements.

    20 weeks of additional unemployment will solve everything – brilliant.

    If you owe back taxes you can probably get a job in the cabinet.

    As a “great American” I am obliged to tell you that you are entitled to your opinion, regardless of the low level of intelligence you display.
    You must be kidding because nobody could be that stupid and hate filled. Drink the Koolaid you moron.

  • http://fu.com/ robert108

    Talking won’t help anything; how’s it working with the terrorists?

  • AKA WOOF

    Reduce the work week to 30 hours.

  • sayanything-7775

    Maybe they’ll count the additional unemployment payments as jobs saved/created.

    Wouldn’t be the first time they got creative with accounting.
    http://www.msnbc.msn.com/id/33619884

  • http://fu.com/ robert108

    suite: The workers do pay for their unemployment benefits, to a point. I don’t know what period of time is fully paid for, but with this rate of unemployment, and this length of the period of benefits, I’m sure that we passed the break even point long ago.
    It’s a typical collectivist scheme, where those that don’t use it pay for those who do. At 5% unemployment, it takes awhile to deplete the fund, but at twice that, the fund disappears pretty fast, and the entire group of taxpayers are forced to take up the slack of yet another social program.

  • farm4money

    go to yellowstone park. what does the government tell you when you get there? “DO NOT FEED THE BEARS” ………. Why?
    1. because it is dangerous, the bears might attack you because they want more than what you gave them.
    2. because it makes them dependant on hand outs and they loose their ability to naturally forage for themselves.

    this comes from the same government that thinks we should increase handouts to humans.

    we shouldn’t, and for the same reasons.

  • sayanything-2819

    Well, fewer people filed for unemployment. They are not done milking this crisis, therefore, it must be prolonged.

  • sayanything-106

    This will inflate the deficite more.

  • http://sayanythingblog.com robport

    Sorry, suite, but there is a correlation between more lavish unemployment entitlements and higher unemployment rates and longer times for unemployment.

    I’ve written posts on it in the past citing studies. I’d link them now but I’m on my phone.

    But the simple fact is more unemployment benefits means more unemployment.

    And employers do bear the brunt of this. That some of the cost is absorbed in lower wages for employees is beside the point.

  • http://sayanythingblog.com robport

    Hey, why don’t we all just stay at home and the government can send checks.

    Or maybe we should let employers and employees work out their own compensation terms.

    Why do liberals hate freedom?

  • sayanything-4808

    So the position that unemployment benefits come out of the workers’ own salaries is changing now? Did the employers suddenly do an about face and recant their long-standing claim that unemployment taxes are monies they otherwise would have paid to employees?

    Unemployment pay is not welfare. It is entirely based on how long you worked and how much you made while working. To get paid more money, you have to work longer and be paid better during that period. Unemployment benefits are not enough to continue living for more than a few months anywhere near the level at which one formerly lived at while employed. It is if anything a constant reminder of the need to get back in the game.

    The most important thing about this for me is that these monies are not going to the existing workers when they need them, they are not allowed to be invested in a tax-deferred insurance annuity for unemployment which might be better paying, and they are not going towards raises or bonuses to reward their long hard work during an extended period of flat pay trends.

    If the unemployment tax were instead accounted for as a portion of the workers’ salaries NOT PAID but rather as deferred income, then we could have private unemployment insurance programs and the money would be there as the other insurance monies are there to act as an economic power, and not as a rock in a box which is what they are sitting in the government’s hands.

    Given a choice between making 60% of previous salary for six months from the state and making 100% for twelve months from a private fund which earned me interest… guess which one wins.

  • MarkSD

    And Obama is actually taking about reducing the deficit. This will certainly help.

  • sayanything-1317

    Either way, it’s a lose lose. If it comes out of the workers salaries (and it’s hard to see how extending benefits to the unemployed will come out of THEIR salaries), then that is less money in the workers pocket. And in a time where every dollar counts…that hurts.

    If it’s a drain on the business, then it takes resources from hiring new workers. Either way, we all lose.

  • sayanything-7743

    To: I Don’t Like the GOP

    I find your incoherent posting both interesting and totally false and misleading.

    In my experience, I find the Democrats:

    Want double digit unemployment rates. Higher unemployment rates force more people to seek government help and forfeit a little more of their freedoms. To the Democrats, the more people dependant on government, the more they can force people to vote for them and thereby maintain their power base. It is the Democrats who oppose vouchers and school choice forcing many students into poor and under performing schools trapping them in a world of poverty and dependency. I believe people should be free to chase their own dreams and go as far as their brains, abilities, ambitions and god giving talents take them.

    No one wants terrorist attacks on America unless you are some sick politician or bureaucrat who believes it is a path to more power and control for them – never lest a crisis go to waste. Democrats, mainly the fringe leftists, don’t want to stand up to them – they want to talk and reach a consensus. Leftards are the ones who get upset when you want to take the battle to them and fight them over there rather than wait for another attack on our homeland.

    The genesis of the current financial crisis and housing slump began with Barney Frank and other Democrats forcing banks to make loans to those who could not afford them and had no way to pay they back.

    The US dollar will continue to slip in valve as long as Washington continues to spend excessively and either barrow or print money to pay for it. The more money printed, the more the dollar slips in value. Excess spending can be blamed on BOTH parties; GWB’s liberal polices of spend, spend, spend were bad enough but BHO’s warp drive spending is making things even worse.

    Thank the environmentalists and their Democrat allies for high oil prices. This country has an abundance of oil off both coasts and the gulf, western ND, Alaska, oil shale but the Democrats and environmentalists won’t let us drill for it. Daily, I see those huge oil tankers from the Mid-East streaming into the port in Norfolk, VA bring us oil, but each represents US dollars heading overseas to those who don’t like us. This country has huge coal reserves which can be used to generate cheap electricity, but again the Dems want to stop mining and burning it – more jobs lost. And this doesn’t even cover the Dems irrational fear of nuclear power.

    As for the N1H1 vaccine, this is what happens when you get government involved.

  • http://sayanythingblog.com robport

    Was that comment supposed to be coherent? Because if so you failed.

    Republicans don’t want unemployment. We want prosperity through free people working in free markets.

  • sayanything-6955

    Soon it will be more beneficial for some to just not work, oops I guess it already is,

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