RSSPermanent “Temporary” Jobless Benefits
J.J. Jackson | February 3, 2008
Let the government “help” and you’ll probably get a lot more “help” than you bargained for. Michelle Malkin has an excellent rundown of how “temporary” stimulus plans that take money from a tax payer and give it to someone who is not paying taxes tend to last longer than they are proposed to and cost a lot more than planned:
Unemployment benefit program 1991-1994
Original proposed program length: 8 months
Original estimated cost $7 billion
Actual length: 29 months
Actual cost: $39 billion
Number of extensions: 5
Unemployment rate at start of program: 7 percent
U rate at end: 6.4 percentUnemployment benefit program 2002-2004
Original proposed program length: 10 months
Original estimated cost $9 billion
Actual length: 29 months
Actual cost: $26 billion
Number of extensions: 2
Unemployment rate at start of program: 5.7 percent
U rate at end: 5.8 percentUnemployment benefit program 2008
Original proposed program length: 11 months
Original estimated cost $10 billion
Actual length: ? months
Actual cost: ? billion
Number of extensions: ?
Unemployment rate at start of program: 5 percent
U rate at end: ?
Of course some will say we have so many entitlements already that are basically “permanent” what’s wrong with one more? I’ll tell you what is wrong with it. It’s unconstitutional. Get off your lazy butt and read the Constitution sometime.
Contributor's website: http://www.libertyreborn.com
Content posted by users from other sites is posted for commentary and news purposes under fair use and each author is responsible for their own postings and a particular posting should not be construed as being endorsed by this site or its owner.
Leave a Reply
Loading ...Recommended Reading:
