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Unemployment checks and other benefits accounted for 20 percent of what Americans spent in the last year
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Unemployment checks and other benefits accounted for 20 percent of what Americans spent in the last year
http://www.mlive.com/jobs/index.ssf/2011/07/post_4.html
About 20 percent of everything Americans spent in the last year came to them via unemployment checks, food stamps, Social Security and disability payments, according to a special report prepared for The New York Times by Moody's Analytics, an economic consulting firm.
About 20 percent of everything Americans spent in the last year came to them via unemployment checks, food stamps, Social Security and disability payments, according to a special report prepared for The New York Times by Moody's Analytics, an economic consulting firm.
gettheminNOVEMBER- Member
- Posts : 2626
Join date : 2011-02-21
Age : 49
Re: Unemployment checks and other benefits accounted for 20 percent of what Americans spent in the last year
FEMA better start getting those trailers and tents ready to distribute through the Country for folks to live in and pool any resources they have together. That is a very large number who have been surviving from various sources of govt programs of one kind or another. Add in the newly jobless after their initial UI funds run out, going to be massive by then. I read Cisco is looking at eliminating 5,000 over the next few months and possibly 10,000 by year end. They have to cut deep to stay afloat due to HP taking more and more market share. They can't see any other way to get around it. Those are big numbers, I thought we were past those kinds of layoffs, but it looks like it is starting up again.
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Re: Unemployment checks and other benefits accounted for 20 percent of what Americans spent in the last year
Plus all the layoffs the states are doing due to republican budget cuts.
lendmeflight2- Member
- Posts : 1219
Join date : 2011-02-21
Re: Unemployment checks and other benefits accounted for 20 percent of what Americans spent in the last year
And now it all unravels, they cannot hide the true numbers anymore. This is what we need to happen, they need to keep reporting these stories.
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Re: Unemployment checks and other benefits accounted for 20 percent of what Americans spent in the last year
Several shows today did pieces on the expiring Unemployment benefits in December. Very surprised they started this early.
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Re: Unemployment checks and other benefits accounted for 20 percent of what Americans spent in the last year
disgustedwithgovt wrote:FEMA better start getting those trailers and tents ready to distribute through the Country for folks to live in and pool any resources they have together. That is a very large number who have been surviving from various sources of govt programs of one kind or another. Add in the newly jobless after their initial UI funds run out, going to be massive by then. I read Cisco is looking at eliminating 5,000 over the next few months and possibly 10,000 by year end. They have to cut deep to stay afloat due to HP taking more and more market share. They can't see any other way to get around it. Those are big numbers, I thought we were past those kinds of layoffs, but it looks like it is starting up again.
I agree! The President should declare a state of emergency asap. FEMA is for disasters and this certainly qualifies as one. Its also time for working people to realize this as well. They have no clue how much of an emergency this is and wont unless we keep telling them or god forbid it happens to them.
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Re: Unemployment checks and other benefits accounted for 20 percent of what Americans spent in the last year
it's actually interesting that you say that because that is what all the conspiracy theorists have said Obama and the NWO would do all along.
lendmeflight2- Member
- Posts : 1219
Join date : 2011-02-21
Re: Unemployment checks and other benefits accounted for 20 percent of what Americans spent in the last year
A fellow tweeter who is a member of a Dem. PAC sent me a message recently that said they really think thats what he will do if he has to. Im not so sure, but I wish he would. Its exhausting trying to predict what washington is going to do or not do. I'm tired of it
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» Reminder: No one's talking about it, but unemployment benefits are also set to expire at end of year:
» Bye bye unemployment benefits - Eight States to Stop Federal Benefits Program May 12
» Unemployment Extension: House Democrats Introduce Bill To Preserve Benefits Through Next Year
» White House: Jobs Bill Would Save Unemployment Benefits For 6 Million Next Year
» PA spent $376 Million in Erroneous Unemployment Payments
» Bye bye unemployment benefits - Eight States to Stop Federal Benefits Program May 12
» Unemployment Extension: House Democrats Introduce Bill To Preserve Benefits Through Next Year
» White House: Jobs Bill Would Save Unemployment Benefits For 6 Million Next Year
» PA spent $376 Million in Erroneous Unemployment Payments
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