Did I Just Hear That Right ??? - On The Ed Show... "BTW, Nothing In The Package For The 99ers."

[WillyT]

We're cutting these people LOOSE???

:wtf:

I kept wondering about his number of 2 Million Unemployed... now I guess we know.

:nuke::nuke::nuke:

[tnlefty]

1. That's what i heard,

lovely ain't it? I shall take my mad self away from my keyboard now.

[RandomThoughts]

2. If he used 2 million number.

He is using Right Wing idea that the 'masses' of people are the beast.

There is a doctrine with many of status quo that evil is the people, if someone chose the 2 million number they are trying to get a reaction from those that interpret Revelation.


If they used the 2 million number that could be why.




It should be noted that many athiest and other groups use that lingo to move people in groups that recognize it in a marketing fashion.

[WillyT]

3. More:

4 Million Americans Set To Lose Unemployment Benefits Even If Congress Passes Extension
Shahien Nasiripour - HuffingtonPost
First Posted: 12- 3-10 05:58 PM | Updated: 12- 6-10 06:52 AM

<snip>

Even as Congress debates whether to extend emergency unemployment checks for more than six million Americans who are approaching the 99-week limit, some four million others are facing the certain end of their benefits over the next year, unless an entirely new program is crafted.

This is the sobering conclusion of a report released by the President's Council of Economic Advisers on Thursday. The study forecast that the exhaustion of unemployment benefits for so many will curb spending power enough to significantly impede an already weak economic recovery.

The typical household now receiving emergency unemployment benefits would see their income fall by a third should they lose their checks, according to the report. Among the roughly 40 percent of households in which the person receiving a check is the sole breadwinner, income would fall by 90 percent.

The existing emergency unemployment program, which extends benefits for nearly two years, expired on Wednesday. Without an agreement to extend the program, the economy will lose about 600,000 jobs, as the spending enabled by continued unemployment checks ceases. National economic output--which expanded at an annual pace of 2.5 percent during the summer months--would fall off by 0.6 percent.

That disturbing prospect does not even account for the roughly four million people who would exceed even the extended limits in the emergency program. Were that many jobless people left to fend themselves without unemployment checks, that would pose significant risks for the broader economy, say economists. They cite the fact that consumer spending accounts for roughly 70 percent of all economic activity.

<snip>

More: http://www.huffingtonpost.com/2010/12/03/unemployment-benefits-99ers-obama_n_791682.html

:kick:

[JoseGaspar]

4. Well, the cynicism was stunning...

It was a "moral" imperative for compromise.

First Draft:

"I am not willing to let 6 million people suffer economic catastrophe... while we fight over political issues. These are real people with real pain."

("err... Did I say 6 million? Scratch that. I meant to say I am not willing to let 2 million people suffer while we fight over politics. The other 4 million? Fuck 'em.")

[WillyT]

5. Exactly !!!

:banghead:

[glitch]

6. Christ that's cold-hearted.

Bodes ill.

[WillyT]

7. Somebody, Please Defend This

:wtf:

[WillyT]

11. Crickets... Fucking Goddamned Crickets...

:puke:

[Taverner]

8. Now now this is all a chess strategy

You see Obama has to make it really easy for the GOP to call "check mate"

[Gin]

9. do the states have to pay the Fed. Government for the UI extensions?

I thought I read that the states don't have to funds to repay all these extensions the Federal gov is giving.

[WillyT]

10. No... The Feds Pay For It If The States Run Out Of UI Money

:shrug: