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Showing posts with label Unemployment. Show all posts
Showing posts with label Unemployment. Show all posts

Wednesday, January 15, 2014

Republicans Mugging Republicans

Vintage photo of people staging a mugging
It's been said that a Republican is just a liberal who's been mugged. Of course, it tends to be Republicans who say this, since it makes very little sense. Being the victim of a crime may change your opinions about law enforcement or gun control, but why would being mugged make you oppose abortion or women's rights or same sex marriage. Why would being mugged make you more accepting of the Wall Street corporate crime wave? Why would being mugged make you think that labor unions must be broken and the minimum wage left at a pittance? And why would being mugged make you decide that giving everything to the rich and nothing to the poor is a good idea? Is the argument that being mugged makes you stupid?

A truer take on that cliche might be that being mugged turns you Democrat -- at least, when those muggers are Republicans.

ThinkProgress: On Tuesday, a potential agreement to extend benefits for those who have been out of work for six months or more fell apart over squabbling about procedural disagreements in the Senate. That fight came two and a half weeks after those checks stopped going out to millions of Americans, and it doesn’t look like it will be resolved in the next two weeks. Congress let the program lapse at the end of the year, which offered support to the jobless after their state benefits ran out, drying up a lifeline for those who are struggling to find a new job.

The people who have been left without that support are incensed, and the anger reaches across party lines. In an email to ThinkProgress, Peter LeClair, an out of work investment manager from New York, said he has been a lifelong Republican. But he “will never vote for a Republican, as long as I live” after watching them say that relying on unemployment benefits makes people dependent. “I am incensed with this Rand Paul,” he said, who has said extending the benefits would “do a disservice” to those who were relying on them. “He says I am lazy... I am not lazy, how dare he. He doesn’t even know me.”

LeClair says he has sent out over 2,000 resumes and been “rejected on a daily basis.” The benefits, which he pointed out he paid into while he worked for more than 20 years, were the only think keeping him “glued together financially.” He said he is “absolutely shocked and dismayed” with Republicans, reiterating, “I will never, so help me god, vote for a Republican again, period.”

Friday, May 04, 2012

Weathering the Economy

The slow recovery gets a little slower.

The Hill:

The nation's economy added 115,00 jobs in April while the unemployment rate dropped one-tenth of a point to 8.1 percent.

The figures are lower than a month ago and were also below what many analysts had expected.

They will add to the sense that the labor market is cooling down after months of stronger growth, and come as unwelcome news for President Obama, who is formally launching his reelection campaign on Friday with rallies in Virginia and Ohio.

But is it actually slower -- or are we experiencing a correction after a period of unnaturally faster than normal growth? It turns out that we can probably blame the weather -- of all things -- for our current bumpy ride.

Friday, December 09, 2011

GOP Flateartherism Strikes Again

At this point, I have to ask, what do Republicans have against demand? I get that they like this pie-in-the-sky supply-side stuff, but it's "supply and demand," not "supply or demand." At every turn, Republican economic policies have consumers reducing spending, as if a stagnant economy and slow to non-existent growth is the best thing ever.

Case in point:

The Hill:

GOP leaders hope to build momentum for an end-of-year tax package with sweeping reforms to federal unemployment benefits.

The Republican proposal is expected to reduce the total number of weeks unemployed workers are eligible for aid by as much as 40 weeks and tighten rules for eligibility.

Such a reduction would significantly reduce the cost of extending federal unemployment benefits, making it easier to secure GOP support for a measure that will also include an extension of a payroll tax cut many conservative Republicans dislike.