This week’s poll asked what people think about America’s unemployment situation. The poll was not scientific and was driven by radio listeners of the syndicated Don Creech Radio Show (www.DonCreech.com) and subscribers to Investor Resources Week In Review email update.
With the recent unemployment benefit extension, those in states with more than 8.5% unemployment will qualify for 99 weeks of benefits.
None of the respondents thought this was too little. However, 75% thought 99 weeks of benefits was too much. If Congress can’t create any new jobs, then creating dependence on Congress for income seems to be the next logical step for a politician. I am certain that those receiving extended benefits appreciate the income. However, history has demonstrated that extending benefits decreases the efforts expended to find new employment.
Has someone in your family been unemployed this year?
Don Creech Don hosts the weekly Don Creech Radio Show (www.DonCreech.com) discussing current events affecting your financial well-being. Don is the founder and co-owner of Investor Resources, Inc. He has attended Grossmont Community College, San Diego State University, Bellevue Community College and City University. Full Profile & Contact Information...