Should we extend the unemployment insurance compensation act?

Posted by: Jifpop09

  • Yes, it will put 1000's back into the workforce

  • No, us Muricans don't condone socialism

67% 4 votes
33% 2 votes
  • Yes. It's absolutely important that those still unable to find work are given emergency aid. The last thing we need is for people to be penniless so that it exacerbates an already difficult situation!

  • We got to think about this logically. The argument that this decentivizes people from working is ridiculous. You can't live on 150$ a week, and especially not when unemployed, but UI will actually boost the economy when people get jobs. Think about it. If someone is on unemployment insurance for 2 years, and receive 5000$, then when they get a job they will pay about 7000$ a year. This ultimately helps the economy. More importantly, the mandatory government programs provided such as referrals, aid councils, and employees dedicated towards getting you a job ensures that the government is working to help you work for yourself. And the Premium adjustments revised under the bill check the power of the Insurance companies. http://www.edd.ca.gov/Payroll_Taxes/Rates_and_Withholding.htm

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Jifpop09 says2014-04-14T21:54:34.9515208-05:00
No reasonable arguments can be made against this. The unemployment rate raised rapidly when Obama first took office, but as soon as UI was installed the number went significantly down, and so did the amount of claims. The main goal in extending UI is finding a way to lower the current rates to make this profitable and an aid to the economy.
Jifpop09 says2014-04-14T21:57:01.1712581-05:00
Its not exactly that we'll make much money though. Its the fact that its the only way some people will survive who lose their jobs in economic downturn.

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