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March 26, 2009 - 12:40 pm
News Feed: California
LA Times Promotes 73 Weeks of Unemployment Pay
CA Political NewsCurrently the unemployed get 53 weeks of unemployment pay. The LA Times wan that to go up by 20 weeks to 73. Also, the Feds are willing to "loan" us money for this, $2.5 billion--if we increase the weeks by 20 and the pay by $25 per week.
Once the Federal loan money is spent, the rules stay the same and the employers of California, that already have a bankrupt system, will be forced to pay massive payroll tax increases. Which will cause more unemployment. Makes sense if you have no economic sense or do not care about people. The Feds program is a guarantee to economically destroy what is left of California jobs and revenues.
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