Perhaps you’ve heard of the ers 99′ in reference to those who were unemployed. These are the people who have been unemployed 99 weeks and the 100th week not eligible to receive unemployment benefits already by the rules. Because unemployment has risen so high, many in Congress want to extend these benefits a little more. Unfortunately, the States not can afford it, and if the federal Government not chip game is over with.

Now, then had an interesting article recently entitled; Dark Government Web site “The benefits of expanded unemployment in doubt,” published on November 27, 2010.Article was discussing both sides to the issue in the lame duck Congress, but the face with unemployed workers outcaste and misled by their benefits desempleo.La reality is that the Government cannot afford the luxury of pay for this, and my assertion that it is the new reality.

Congressman, however are arguing that if not for those who are unemployed for a long time unemployment benefits, will harm the economy, because it will not be able to spend money in the market.It is my claim that line of thinking is complete incorrect and however, this is what is supposedly: “the result”? not only great personal and family hardships that the lives of young and old scars, economically and psychologically, in the coming years. But you would not be renewed benefits also extended slow recovery.

Why is this nonsense ask? it’s simple, because it is only 1/3 of 1% of our economy, but some would have to believe that capitalism needs Government. Also incorrect – Government is the problem with capitalism, that we have allowed us to our Government to maintain an incestuous and unhealthy relationship with business.Adam Smith warned us of this, and what Margaret Thatcher said in his famous phrase – “socialism works great until you run out of money of other people to spend.”?

We cannot expect to keep paying people not to work, while at the same time providing productivity and healthy free market economic theory.”Apart from Government is acting as Robin Hood here, but with a twist;”"Have rich, creating a healthy Commission and record 45% administration and then give the poor a little!”It has completely flawed thinking.If we have the right to succeed in United States, must come with responsibility, namely; the right to fail also.

“A friend of mine recently put it;”"People need to wake up and do not buy this absurdity of Socialists ultraleft.”Indeed, terms are quite hard, but this rages discussion envelope, and is something we have to think about.

Additional reference:

“1.-Article in the Wall Street Journal;”"Spending Worries put unemployed benefits at risk,” by Janet Hook and Sara Murray – November 2010.

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Tags: accounting, benefits, Congress, extend, federally, payroll, unemployment