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Labor Dept. estimates $14 billion over-payment of unemployment benefits

By SharperIron on Tue, 07/10/12
Society & Culture
National Debt
Unemployment

USDL document

Story

(Was a bit worse last year, but only $7 billion in 2010)

Discussion

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M. Osborne

NewIt's true.

Tue, 07/10/12

Despite the economy, the company I work for in Omaha was hiring quite a bit last year. Strangely, a lot of the “applicants” simply never returned phone calls to get an interview. Some even told the recruiter, “I just have to fill out these applications in order to continue receiving unemployment.”

Just thinking out loud here: I wonder if those in charge could change the #s and offer a job-finding bonus to those on unemployment. “Find a job within 1 / 2 / 3 months and keep it for 6 months, and we’ll give you $X / Y / Z.” with the bonus higher for finding a job sooner.

It’s akin to the principle on which dental insurance companies keep regular checkups free…they’d rather pay a stable amount to prevent costs running away indefinitely.

Michael Osborne
Philadelphia, PA

Related . . .

Topics: Politics, National Debt, Albert Mohler
  • Why Conservatives Should End the Debt Ceiling Debate
  • "Obama wants more taxes for more spending, not for debt reduction."
  • "The immediate cash-flow crisis has passed, but the long-term solvency crisis remains."
  • America Is Drowning in Debt
  • Why Did Americans Stop Caring About the National Debt?

Whoever restrains his words has knowledge, and he who has a cool spirit is a man of understanding.

(ESV, Proverbs 17:27)

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