Sunday, December 19, 2010

Jobless feel relief, anger for benefits extension


http://www.msnbc.msn.com/id/40740805/ns/business/

**Opinion**

I feel as if it is very wrong that the '99-ers' lost their unemployment benefits. Especially since the top 2% of the wealthiest people in the U.S. have received more than 10 years of tax cuts and will likely receive more. Also, there hasn't been any job creation. On top of it all, I don't believe that tax cuts for the wealthy help the economy. I do believe that unemployment benefits do. You see, the wealthy have a choice on whether to spend their money from the tax cuts, bank, or invest. Many times the unemployed who are even still receiving benefits do not have such a choice. Their money is spent on the necessities of life often times before it's even received. Below please find a link to an article helping to illustrate my points. http://www.politicususa.com/en/why-tax-cuts-for-the-rich-killed-the-economy-in-1929-and-are-killing-us-again

Are you unemployed or know someone that is? If so, feel free to express yourself in the comment section below. Thank you.

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