Shadow
Silver Member
- Banned
- #61
Congress is addressing the top 10% concerns, and letting the 90% fend for themselves. What can we expect from a Retarded rightwinged party? Tea? Now we are going to find out what people will do when they have to eat.
Just hours after Obama pledged to work more closely with Republicans in slashing social spending, the US Congress Tuesday allowed extended unemployment benefits to expire for workers laid off for more than 26 weeks. More than 800,000 workers currently receiving extended benefits will be cut off by the end of next week, with the number increasing to two million by the end of December and five million by April.
The entire political establishment has responded to this impending social disaster with complete indifference. Washington is currently consumed with reaching a bipartisan compromise centered primarily on extending tax cuts for the rich.
Of the 15 million workers officially counted as unemployed, 41 percent have been without work for 26 weeks, according to the Labor Department. Due to the high levels of unemployment, 37 states have until now offered federally funded extensions for up to 99 weeks. The benefits pay an average of $302.90 a week.
The cutoff of unemployment checks will remove the only source of income to working class families already facing crushing financial burdens. An estimated two to four million Americans have already exhausted their benefits, with over 90,000 claimants joining their ranks every week. Those losing their jobs now will only qualify for six months of benefits no matter how long they are without a job.
US Congress allows extended jobless benefits to expire
Oh goody...does this mean we should now be on the look out for lots and lots of fakey fake just in time for "Christmas" hard luck stories plastered all over the media?
Can't wait.
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