AND THEN WHAT? Prolonged Aid to Unemployed Is Running Out

AND THEN WHAT?  Prolonged Aid to Unemployed Is Running Out


Published: August 1, 2009

Over the coming months, as many as 1.5 million jobless Americans will exhaust their unemployment insurance benefits, ending what for some has been a last bulwark against foreclosures and destitution.

Because of emergency extensions already enacted by Congress, laid-off workers in nearly half the states can collect benefits for up to 79 weeks, the longest period since the unemployment insurance program was created in the 1930s. But unemployment in this recession has proved to be especially tenacious, and a wave of job-seekers is using up even this prolonged aid.


6 Responses to “AND THEN WHAT? Prolonged Aid to Unemployed Is Running Out”

  1. What’s after that? One of those 500,000 plastic FEMA coffins, is what’s next.

  2. Though I am neither an anarchist or a marxist, you can apply the dialectic analysis to government as well.

    That is the idea that government, once implemented, will inevitibly grow in power, in secrecy and in oppression until a government crisis occurs, much like a crisis of capitalism. All governnments eventually self-destruct just like corporate fascism system will.

    Marx had a clear view of our situation, but the idea of the government owning everything is oppressive and unworkable.

    have a peaceful day,

  3. The problem is clear. The true unemployment rate is over 20% and it is almost sure to go higher for several years. The government lies about this no matter whether it is Dems or Reps. It is hard to see where ANY new jobs will come from.

    The problem is that rates of unemployment over 20% have historically led to revolt and revolution. People will put up with a lot. Some people will even allow themselves to be starved to death. Some people clearly will not.

    have a peaceful day,

  4. marxism- the idea of a central bank and a government planned economy- wait, isn’t that the federal reserve and cap and trade?

    cap and trade is a global currency and taxation…when does the “Mark” arrive?

  5. Non-credit money is the best idea of the world. Non-credit money is not debt than gift. Non-credit money can solve both national and world economic crisis. Non-credit money is the necessary additional quantity of money in circulation (dM) as percentage (k) of existing quantity of money in circulation (M). dM = kM ;
    k = (offer – demand)/demand ;
    If non-credit money is emitted according to the cited formula, inflation cannot exist. Also, taxes are annulled for the amount of non-credit money. The consumers pay less and producers get more than today, in the order of credit money. All get the gift from the order of non-credit money.

  6. Stojan you need to stop spamming my blog.

    Your idea is interesting, but you are posting this in the United States where the banksters have a boot on our necks.
    They issue their debt money and finance elections. Maybe you can tell us how to get rid of the Federal Reserve?

    Anyway I am going to leave one copy of your post here, any more will be marked as spam.

    have a peaceful day,

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