Wednesday, June 30, 2010

Denying Unemployment Benefits denies $16 Billion of Economic Stimulus

Denying Unemployment Benefits denies $16 Billion of Economic Stimulus!

Sean Lewis
June 30, 2010

The nationwide average weekly check to those receiving unemployment
benefits is $295.05http://unemploymentadvice.blogspot.com/2009_02_01_archive.html
That is $15,342.60 a year.

The US Poverty Figure is $16,245 for a single personhttp://www2.ed.gov/about/offices/list/ope/trio/incomelevels.html

Yet the GOP feels these people are getting a free ride?
Can that be the real reason to deny benefits?

Lets look at this again.

The sad fact is that nearly two million unemployed Americans will be
without benefits by July 10. That is 2 million people who are not
contributing to the economy!

That is over $2.3 Billion dollars not being circulated in local and
state economies!

You add the standard 7 fold multiplier for economic ripples and you
see a decrease of $16 Billions of stimulus!

The net effect will be a decrease in the economic indicators, and the
GOP will have ammunition proving the stimulus isn't working! Of
course they will also be the REASON the stimulus isn't working

My GAWD! Is that why the GOP is blocking the Unemployment
extensions!

Is this another case of putting the GOP Party Agenda ahead of the
American people and the Country even if is sabotages the recovery?
Those Bastards!

The Bureau of Labor and Statistics Jobs and Unemployment Charts for June 2010


Tuesday, June 22, 2010

Unemployed Middle Class America Dumpster diving at Trader Joe's

Unemployed Middle Class America Dumpster diving at Trader Joe's

Sean Lewis
June 22, 2010

Today in Brooklyn NY just outside the posh 3 million dollar
brownstones in Brooklyn Heights I saw a gathering of white
unemployed middle class waiting patiently for 11 PM.

This is when Trader Joe's pushes their Dumpsters to the curb
for garbage pick up.

These unemployed orderly pulled out the bags and began
sorting the food waste into piles to be placed in car trunks
and back packs.

If the GOP needs to see the results of not passing the
unemployment extensions, all they need to see is their constituents
searching for food through dumpsters in their Dockers and golf
shirts in an upscale neighborhood.

These people will not soon forget the how's and why's they were
forced to feed themselves. The GOP may think this is
proving they are fiscally conservative, but middle America see's
it as being detached from reality and uncaring.

Monday, June 21, 2010

The GOP Protects Tax Cuts at the Expense of the Unemployed

The GOP Protects Tax Cuts at the Expense of the Unemployed

Sean Lewis
June 21, 2010

Why isn't the money the unemployed put aside when
working via unemployment insurance available?

Because the GOP gave irresponsible tax cuts
combined with irrational spending during
two wars and passed an unfunded Medicare
Prescription Drug Program that exceeds the
liabilities of Social Security.

So rather than admit their mistake, The GOP
is pretending they are making 'hard' fiscal
decisions by denying unemployment checks
to the millions of recently unemployed.

The same individuals who became unemployed
because of irresponsible economic, fiscal and
regulatory policies that allowed unregulated
greed go unchecked until the near
complete economic collapse of the US
economy in August of 2008!

So in an attempt to revise recent history,
the GOP is branding themselves as fiscal
Conservatives by punishing the very victims
of their previous economic debacle created!

Yet still the rich get to have their cake and eat it too!

The GOP were clueless about the economic collapse
in 2008, and are clueless now about the damage they
are doing to Middle America yet again!