Showing posts with label unemployment. Show all posts
Showing posts with label unemployment. Show all posts

Friday, November 06, 2009

Unemployment

We have a large number of American citizens on unemployment benefits right now. I believe the number to be somewhere in the millions. That’s not good, unless your a politician.

Lets face it, Unemployment and Welfare are being abused and used, but that’s what our current Government leaders want. You see; what’s happening is- Fred loses his job, files for Unemployment and slowly looks for work. Unemployment kicks in and he’s receiving the equivalent of $10 an hour based of his previous wages. So Fred looks for a job that pays at least $10/hr and refuses to take anything less.

So lets take Unemployment out of the equation and see what happens. This time, Frank loses his job. He was making say $13.50 an hour, 35 hours a week. Frank must quickly find a job to pay bills and eat. He cant find a job at that pay rate, so Frank takes a job at Wal-mart making $9 an hour.

You see Frank is still contributing to society, even if he must cut back on his spending. And while he works at Wal-mart he can continue searching for a better job.

Fred takes the easy way out and lets the government hold his hand. in this manner Fred is taking money from other tax payers, depleting the governments funds-which are already in the red. Those funds could have been used to hire someone.

I think Unemployment, while not a horrible idea, is out of control and should be limited or rewritten. Maybe a balance between Frank and Fred, maybe minimum wage for all who qualify? Or maybe require those who do qualify to work for their local municipalities?
Lets say we give Fred $500 a week for unemployment, provided he looks for work, but also is required to, lets say, 3 days a week clean or mow the local city funded park or in other words work for that money?

This is just some quick thinking. But it would seem Unemployment is an incentive not to work, or not to find a new job quickly-which in turn hurts the economy. Multiply that by millions of unemployed and ouch.

What do you think?