User:SudilaXoyeho
Congress has voted, again, to extend unemployment advantages. Currently, one can receive unemployment extension for up to 99 weeks, which is in close proximity to two years. Realistically, voting to never extend unemployment benefits is probably political suicide for a Congressperson or Senator. But refusing to increase this government benefit is usually the right thing to do.
The continual extension of unemployment benefits may seem, on first blush, to become a compassionate outreach of our government to those who have been hit hardest by the dishonesty, corruption and outright theft that have characterized both Wall Block and D. C. for so many years. In fact, it can be harming both the unemployed and the economy.
Unemployment insurance was designed for short-term job loss that was no fault of that employee, such as lay-off. It's paid for by employers, like me. When we let someone go, it can also be "for cause" or "not for cause. " If "not for cause, " unemployment begins to pay out. If the person had been fired for, say, insubordination, unemployment insurance was originally designed to pay less or practically nothing, as the job loss was seen as the employee's fault. Just let someone go without cause, the rate of my own "insurance premium" (tax) can go up, especially if I allow several people go.
Need I tell you that the system doesn't exactly work this way anymore. Employers who contest the unemployment claims of quite possibly the worst employee fired for cause are seen as cruel and heartless. They, or their representatives, can spend expensive hours and days preparing for and defending the contesting with the unemployment claim. They face a method biased against employers, nevertheless, so many employers don't quite possibly bother to contest your claim. They pay up using a grimace.
Now, there is actually no such thing as a tax on a company. A business is not an individual. So taxes on businesses really wind up as taxes on their own customers. If I, being a business, get "soaked, " those costs either have to be passed on to clients or, sooner or later, I go out involving business. Econ 101, right? Well, unfortunately, it seems that those who inhabit the fairy land called "Washington D. C. " never took Econ info.
The more taxes Really easy to implement pay per employee, the fewer employees I'm planning to hire. Extending unemployment insurance will, sooner or afterwards, result in higher and higher rates. Someone has to pay for these extensions, and the present climate is not company friendly. So, I will hesitate to use more people because I have no idea how far my employer taxes are raised per employee. All kinds of other business owners feel the identical. Thus, the unemployment duty extensions place a chill on hiring.
The extensions are damaging workers, too... especially the lower level workers. Many with the things they are unemployed from are things that are vanishing. For case, if you're an assembly line worker, it is much more likely that your job is going to be done by a robot in lieu of coming back. Robots don't get sick, don't need positive aspects, and don't join that major American job monster - unions. So, what these folks should do is to use their brains and find something else to do. Many have. Others check their mailboxes for the unemployment checks.
By extending unemployment benefits, we are preventing the unemployed from finding various ways to earn an income. Some, even many, of these ways would pay more than unemployment benefits. Many of us do this every morning.
Extending unemployment benefits simply creates a class of individuals who are buying the minimum, additionally impairing the economy. Those on unemployment don't usually buy cars, microwaves, TELEVISION SET sets or computers. But those who have found a way to produce money for themselves quite often do.
Extending unemployment benefits is delaying the necessary change from a 1950's America where most people are employed by large corporations, to the America in the 21st Century, where small business owners, independent workers and project-oriented jobs could be the norm. Reform of insurance coverage and other benefit software programs to expedite this, if done with any intelligence (dare we expect any with either dishonest and corrupt side with the aisle?), are excellent ways of assisting this necessary move.
Increased unionization, waiting for jobs that will never return, and relying on the government are just foolish and short-sighted notions that must end. The old manner of doing business is creating a valiant last gasp. President Obama and Congress should just pull the plug and bring America into the 21st Century.
