red states rule
12-08-2013, 06:50 AM
I cannot recall any handout to the "poor" the left ever wanted to cut back -just keep the handouts flowing to those potential Dem voters
BTW, the only reason the unemployment rate dropped is due to tens of millions of people giving up looking for a job in the Obama economy
WASHINGTON -- The good news that the U.S. unemployment rate fell to 7 percent in November could be bad news for more than a million of the long-term unemployed whose federal benefits are scheduled to expire at the end of the month.
In recent years Democrats have insisted that Congress maintain a special safety net for the long-term jobless specifically because the national unemployment rate hadn't fallen beneath an historical threshold. This particular talking point could now backfire.
"Congress has never before allowed benefits to expire when unemployment was higher than 7.2 percent," Rep. Jan Schakowsky (D-Ill.) said in 2012.
"Since the unemployment insurance system was created, Congress has never cut back on federally funded extended benefits when unemployment was over 7.2 percent," Rep. John Conyers (D-Mich.) said in 2011.
"Since 1959, the government has never allowed these benefits to expire when the national unemployment rate is above 7.2 percent," Rep. Jim Costa (D-Calif.) said in 2010.
Indeed, Congress has provided extra weeks of federal unemployment compensation for people who use up the standard six months of state benefits in response to every recession for the past 50 years. The maximum combined state and federal benefits in states with high unemployment rates is currently 73 weeks. But what goes up, must come down -- it's always been a matter of when.
http://www.huffingtonpost.com/2013/12/06/unemployment-rate_n_4235332.html
BTW, the only reason the unemployment rate dropped is due to tens of millions of people giving up looking for a job in the Obama economy
WASHINGTON -- The good news that the U.S. unemployment rate fell to 7 percent in November could be bad news for more than a million of the long-term unemployed whose federal benefits are scheduled to expire at the end of the month.
In recent years Democrats have insisted that Congress maintain a special safety net for the long-term jobless specifically because the national unemployment rate hadn't fallen beneath an historical threshold. This particular talking point could now backfire.
"Congress has never before allowed benefits to expire when unemployment was higher than 7.2 percent," Rep. Jan Schakowsky (D-Ill.) said in 2012.
"Since the unemployment insurance system was created, Congress has never cut back on federally funded extended benefits when unemployment was over 7.2 percent," Rep. John Conyers (D-Mich.) said in 2011.
"Since 1959, the government has never allowed these benefits to expire when the national unemployment rate is above 7.2 percent," Rep. Jim Costa (D-Calif.) said in 2010.
Indeed, Congress has provided extra weeks of federal unemployment compensation for people who use up the standard six months of state benefits in response to every recession for the past 50 years. The maximum combined state and federal benefits in states with high unemployment rates is currently 73 weeks. But what goes up, must come down -- it's always been a matter of when.
http://www.huffingtonpost.com/2013/12/06/unemployment-rate_n_4235332.html