A long partisan stand-off ended on July 20th when the US Senate finally passed a fourth extension of unemployment benefits (Scherer). The long-standing Republican filibuster was finally broken when Carte Goodwin, who succeeded West Virginia's Robert Byrd, was sworn in and allowed for the 60-40 vote that passed the extension (Wendel). The stand-off resulted from a debate over how to finance the extension. Democrats preferred to pay for benefits with additional federal debt, while Republicans wanted to make cuts to other government programs (Wendel). The bill was then sent to the House and then on to President Obama (Scherer). .
The many Americans experiencing the unanticipated struggle to find a job are allowed to progress through the four tiers of unemployment benefits. When state benefits end at 26 weeks, the unemployed begin the first tier of federal benefits. Federal benefits vary in length from state to state depending on the severity of the unemployment situation of that state (Scherer). .
The newly passed bill will cost an estimated $34 billion (Scherer). However, this money will not only help out those who cannot find a job, but it will also ease some of the federal budget deficit, which is proposed to be $1.6 trillion in February (Scherer). The unemployed will reinvest their benefit checks in the economy, increasing economic activity and bringing the federal budget deficit closer to $1.3 trillion, according to Stanley Collender, a budget expert at Qorvis Communications (Scherer). .
While many people will be helped by the new extension, the "99ers" are out of luck. This group consists of those who have already collected on 99 weeks of unemployment insurance (Scherer). The 99ers are currently petitioning for legislators to add a Tier 5 to the new extension plan that would include the 1.4 million Americans who have reached the limit on their benefits (Hoffer). Supporters of this argue that, while adding a Tier 5 would increase the $34 million cost, most - if not all - of the money will be reinvested in the economy.
The economy benefits the selfish. ... But it print currency, it establishes uniform weights and measures, it issues patents and copyrights, it also finds work for people in need of a job, this helps put an endto unemployment, and its in charge of the army, homelad security. ... The private government is an extension of the people. ... It can eliminate unemployment and do away with crime if people but their pride first....
But they will not benefit from the tax-free dividend, even if a 401k plan is relying on stocks that do benefit. 410k plans are now used by many people that will not see the majority of benefits from Bush's plan. ... Unemployment is definitely a bad thing for the economy. ... Bush's plan on unemployment is to target troubles areas that have high unemployment percentages. ... They want to immediately extend unemployment benefits. ... Other than unemployment extension from the republicans, there is nothing that keeps the economy's foundation strong. ...
The issue of malnourished children had increasingly surfaced since the extension of rate aid to all schools and creation of Local Education Authorities in 1902, so the issue of children too hungry or generally debilitated was well documented by 1906. ... Unemployment was rising and wages were falling, which made this a pressing issue. ... Part one dealt with health insurance and part two with unemployment insurance. ... Others included were a 30s maternity grant, 5s a week disability benefits and free medical treatment under a panel doctor. ... The government did attempt to improve the scheme ...
Along these conditions, they did not only gain benefits but also difficulties. ... (PART B) Beside the benefits of the economic reforms, including reduction in poverty and extension of life expectancy, Vietnam has associated with some difficulties. ... According to the International Monetary Fund website, Vietnam's unemployment rate had only increased by 13.98% within one year after the crisis hit. Whereas the unemployment rate of Thailand--a country that was most affected--increased by 190%, and the rates of both countries gradually decreased in the following years (Vietnam). ... Lack of...
Part 1 of the act provided a system of unemployment compensation (albeit limited to certain industries) whilst part 2 set up a system of national insurance to provide medical care, maternity benefits and sick pay. ... The report called for the extension of social services, "from the cradle to the grave" and for the systematic maintenance of full employment- goals to which the government had committed itself fully, if somewhat hesitantly by the end of the war. ... Part 1 of the act provided a system of unemployment compensation (albeit limited ...
Free Trade Area of the Americas (FTAA) is an extension of NAFTA to create the globe's largest barrier-free trade zone, extending from Canada to Argentina. ... To make this more personal and not such a national look at unemployment, look at the number of jobs lost in Kansas alone. ... If FTTA is as most analysts say, an extension of NAFTA, what is going to happen to the US economy when we expand trade to other Global South countries? ... If US workers were making more money and the unemployment rate were lower, the average US citizen could afford to buy products made in the US, instead of ...
The recurring conflicts in respect to the various factions within U.S. civil society had been resolved by a variation on reciprocal non-interference, where specific groups that objected to the overall policy of trade liberalization could be "bought off" with the extension of special treatment (1999). ... The Kennedy administration would manage to maintain labors support through an extension of a program of trade adjustment assistance (TAA) (1999). It offered special benefits to workers who lose their jobs to import competition and in the spirit of reciprocal non-interference, other parti...
PLC (Public Limited Company) - It is headed or guided by the government for the benefits of citizens. ... The other major goal of public sector is to use resources efficiently in order to provide benefits to the community. ... If the organizations work according to the government they can get benefit through government. ... The farmers are also benefitted through this policy as shades are provided for the crops and to further protect the biodiversity and forest ecosystem. The children are also encouraged to study and are provided with more educational benefits. ...
Computer-assisted Manufacturing technologies (CAM), an extension of CAD design which determine the quantities of materials needed and instructions required to produce an item, have further changed the engineers role. ... There is a widely held belief that the automation of the production line has resulted in both unemployment and a deskilling of the workforce. ... They suggest that computerisation offers the benefits of a consistent quality of products and a considerable speeding up of the manufacturing process, particularly in design and testing. ... A computer, without the benefit of human r...