Saturday, July 18, 2009

Why We Urgently Need To Get People Back To Work

A friend of mine who works in a car dealership was just laid off because of a slump in sales. While she's actively searching for a new job, she's not panicking yet because she has unemployment benefits to get her through her predicament. Well, that's great, except what will she do if she's unsuccessful finding another job and her benefits expire?

That's what 1.5 million Americans will be coping with when their benefits suddenly run out. And it's something the nation will have to deal with as well.

That's how many people whose benefits expire by the end of the year. Now, President Obama once told us that we'll be on an economic upswing by then. But then, Vice President Biden acknowledged the administration had underestimated the strength of the recession. Which likely means, a good number of those 1.5 million people will still be jobless by Christmas.

What happens then? What will they do to survive? How many will be added to the welfare rolls? And with that many people then basically running out of money altogether, how will the economy respond? I doubt this will be met as favorable news on Wall Street!

6 comments:

Anonymous said...

An upswing in foreclosures, families moving in with their elderly parents, more pressure on shelters, and further overqualified employees at McDonalds or landscaping companies. And there will also be an upswing in crime

Anonymous said...

I decided to find work on my own. I work at home now. It isn't enough to support me and pay all of my bills and rent too. But it's something. I think Obama needs to extend the EDD benefits again. I know of people who are on their last extension.

Anonymous said...

The negative feedback loop will intensify between housing and the real economy.
Why no one suggested a WPA program is curious.

Anonymous said...

From what I can tell, that is the end game. Saul Alinsky's teaching which Obama embraces says to "overwhelm the system" until it has no choice but to break down. And then you can do what you want to do. I think the system is being pretty much overwhelmed and there's no end in sight. So what WILL happen when none of us can find jobs because there are no jobs and there is no money?

"Alinsky's teachings influenced Barack Obama in his early career as a community organizer on the far South Side of Chicago.[7][8] Working for Gerald Kellman's Developing Communities Project, Obama learned and taught Alinsky's methods for community organizing." Wikipedia.

Saul Alinsky never helped anybody, but his methods are being applied to the U.S. now. We are now a trillion dollars in debt - we cannot keep extending benefits and welfare, there's no $.

Deborah Young

Anonymous said...

Gosh I thought this was the change people wanted. I would feel sorry for folks but you got what you asked for. You mean he really is a con artist? I am so shocked! I suggest those that work start putting money away so you will have something to live on if or when you get laid off. Plan ahead. Stop relying on ths gov. They are not our friend. Wake up!

Anonymous said...

May I see your papers, please?