No surprise, there now are organizations for people who have exhausted all 99 weeks of unemployment benefits -- such as the American 99ers Union and Advocacy for the Long-Term Unemployed. I have a lot of sympathy for the unemployed, but when I read the 99er rhetoric in favor of the 113-week plan, I can't help but wish these folks would focus more on getting a job than turning unemployment into a career.
Another caveat: Because employers pay for unemployment benefits, extended benefits hinder job creation. "It's not like a flaming stake to the heart of the economy," Sherk observed, "but on the margins, higher (unemployment insurance) taxes discourage employers from hiring."
As Sherk noted, it's a tough job market out there; 44 percent of the unemployed have been out of work for more than six months. So the question is this: Is Washington doing these folks a favor by giving the jobless an incentive to remain "jobless workers"?
Democrat Congressman: I Am Paying More For Insurance Under Obamacare...And It's A Good Thing | Greg Hengler
EXCLUSIVE: Democrat Who Attacked Conservative Marilinda Garcia Has History of Unhinged Behavior | Katie Pavlich