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?
