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The second ranking Republican in the Senate told fellow senators on the floor of the Senate Monday that unemployment benefits are bad for America.
Sen. Jon Kyl (R-AZ) declared that unemployment benefits are bad for the economy because they encourage people to stay jobless.
"People are being paid even though they're not working," Kyl said.
Unemployment insurance "doesn't create new jobs. In fact, if anything, continuing to pay people unemployment compensation is a disincentive for them to seek new work," Kyl posited. The Republican Senate Whip was effectively coming to the political defense of fellow Sen. Jim Bunning (R-KY), who has blocked the extension of unemployment benefits and caused the furlough of more than 2,000 federal workers for two consecutive days.
Asia's leaders, led by an ascendant China, say they hope Barack Obama didn't really mean those campaign promises to protect American trade. And if he did, they are in better shape to object than ever before.
To Asian ears, Obama's calls for tougher labor and environmental rules and steps to reduce the U.S. trade deficit sound like thinly veiled protectionism, just as a global financial crisis makes exports more crucial than ever.
``The immediate concern with Obama will be economic relations,'' said Wu Xinbo, deputy director of the Center for American Studies at Fudan University in Shanghai. ``The U.S. will be less forthcoming in pursuing economic liberalization in the Asia region'' because of concerns about jobs lost to trade.
§ 96-2. Declaration of State public policy.
As a guide to the interpretation and application of this Chapter, the public policy of this State is declared to be as follows: Economic insecurity due to unemployment is a serious menace to the health, morals, and welfare of the people of this State. Involuntary unemployment is therefore a subject of general interest and concern which requires appropriate action by the legislature to prevent its spread and to lighten its burden which now so often falls with crushing force upon the unemployed worker and his family. The achievement of social security requires protection against this greatest hazard of our economic life. This can be provided by encouraging employers to provide more stable employment and by the systematic accumulation of funds during periods of employment to provide benefits for periods of unemployment, thus maintaining purchasing power and limiting the serious social consequences of poor relief assistance. The legislature, therefore, declares that in its considered judgment the public good and the general welfare of the citizens of this State require the enactment of this measure, under the police powers of the State, for the compulsory setting aside of unemployment reserves to be used for the benefit of persons unemployed through no fault of their own.
Originally posted by TrainDispatcher
Community Service for Unemployment