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Dr. Ada M. Fisher, Apr. 7, 2014, Hiphoprepublican.com
The move to extend unemployment benefits is short sighted
and penalizes those squirrels who bothered to save up their nuts. The problems
with unemployment extensions include as data increasingly shows, those who make
more in unemployment than could be made in a job have been reluctant to seek
work until that benefit is stopped.
Another problem is that the jobs are not there for those who
will increasingly be chronically unemployed, e.g. those with little education,
failed socialization skills, incarceration histories and inopportune skill
sets. Lastly the demise of low skilled manufacturing jobs in favor of high tech
options will leave a void playing field for too many. Who knew you would need
an iPhone ten years ago? Think of the jobs eliminated by such technology, made
and often brought to us by non-American entities. These are no longer our jobs
but rather global entities.
Attorney William Graham of Salisbury, NC has developed a
novel idea of Salary Gap Insurance to cover the difference in salary losses
which can occur for those who would consider such an investment.
Paying for unemployment compensation means those diminishing
workers remaining will have to shoulder more of the burden. A new Senate
initiated payment ploy for the program proposes allowing corporations to
decrease their contributions to unemployment plans to cover this cost and
maintain their profits. This is called “smoothing” or as I see it, ploughing
the field with non-fertilizing manure.
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