Thursday, July 22, 2010

The unemployment Stimulus package

In the aftermath of the Senate vote...60/40 for the unemployment extension.. I would like to say....Bravo.... to the supporters who withstood...the strong filibuster...no doubt.....that this democratic option was certainly exercised to its fullest extent ....however.... the underlying philosophy... by the opposition still remains troubling to me....

Because it has become a philosophy of confusion...and the solution is found in separating issues... so people can clearly understand...better perhaps....or for worse...but either way...as long as the core facts are made apparent to most Americans....

There is so much confusion....that I thought I would just capture a few thoughts...that came to me yesterday....in an emotional way...and ...I needed to calm down a little....to write effectively...although sometimes just getting the thought out is all that is needed...even.. when things seem so obvious....but I think some of these thoughts are worth mentioning again...

1.Unemployment is a benefit that these workers qualified for. It is not a hand out... nor charity. It is the equivalent of less than minimum wage...

2.Unless you earned it you don’t get it...those collecting the benefit were all good wage earners that lost their jobs.

3.Employers pay Payroll tax...to the State... for this possibility/potentiality... and...That is why it’s there... like insurance for losing a job.. it is not a freebee...it is the cost of having a business in America and hiring employees to help a business grow.. which adds to the good and services that comprise our national economy....this extends to workers compensation costs for when employees are injured on a job. Should we castigate a disabled employee..for collecting on workers comp?

4. Here’s some food for thought.......When you give an hungry person or a family... $300 dollars...what do you think he/she will do with the money?.... if you answered ..eat....then you are right...so the money is not going to buy crack cocaine or speed or alcohol...it is going to go to the essentials that a family needs to survive...

5.So when we re-circulate this $12,000,000,000 (that’s 12 Billion dollars) of funds back to the workers who earned the right to that money...what happens to that money?...if you answered... its spent....you are right again!!!...the money is put back into the economy in the form or all kinds of consumer purchasing....

6. In fact.. if they stopped paying these qualified benefits to those 30,000,000 (thirty million) or so unemployed Americans...the economy would continue to tank even further..

7.This is the perfect example of biting ones own nose to spite one’s face...

8.the Hard-line approach taken by the filibustering Senators...was not only morally misguided...but proved that they did not see the connection at all... to the increase in spending activity...which will stimulate the economy...estimated to be $1.60 of economic growth for every $1.00 dollar of unemployment.....so....on the 12 billion spent.... it adds nearly 20,000,000,000..(nearly 20 billion real spending activity and economic growth into the economy....rayray