>My state is 50% of your pay upto ~$1,500 a month, this seems to be about the average, i can find no state that under $800, the lowest is Mississippi coming in at $940
http://www.savingtoinvest.com/maximum-weekly-unemployment-be....
Like I said it's been a while. Don't forget federal and state taxes get taken out, so you don't get the actual number in the bank.
>That depends on where you live, using Mississipi as an example, the average home is $113,000 with a traditional mortgage the payment would be $576 no where near the $1,600 you caim is a "moderate mortgage"
In my area in the midwest the average home is closer to $150,000 however that still would not be a $1,600 mortgage
That would be about a $360,000 mortgage, almost double the national average home price
Yes, you have a point. If you are a highly paid IT person and happen to have bought a really cheap house in a really low cost state. You got me. Don't forget property taxes and insurance. Also, you are assuming current interest rates and a 30 year mortgage. Not many banks refinance to unemployed people, so you're stuck with what you're stuck with.
>This has largely been disproved as a myth or as out dated thinking, that may have been the case 20 or more years ago, but I do not believe that is the case today
Got a link for that? If it's subsided, it's fairly recently.
>The US still has not gotten over it but it has not "been going full force" for 20 years, far from it.
Government Intervention in the market, and various other factors masked some systemic problems, in the attempt to prevent more damage the government and other actors have simply band aided over the problems that are now a festering infection just waiting to be exposed
I was referring to outsourcing. I'm not sure what you are referring to.