"Government doesn't work. Elect us and we'll prove it!" --One of the two major political parties in the US.
We get the government we voted for, so I guess that's the one we deserve.
Another 1.3M Americans File for Unemployment
31–40 of 176 posts
Re: Another 1.3M Americans File for Unemployment
#32Can UBI(Universal Basic Income) scheme help to overcome Unemployment crisis ?
Re: Another 1.3M Americans File for Unemployment
#33"Government doesn't work. Elect us and we'll prove it!" --One of the two major political parties in the US. We get the government we voted for, so I guess that's the one we deserve.
The majority didn't vote for this government. We do not deserve this.
Re: Another 1.3M Americans File for Unemployment
#34Earlier quoted context omitted.
Roughly 1 in 3 american households are behind on their housing payments. Most states (and all federally backed mortgages) have temporarily suspended evictions so the short answer is that people in financial distress dropped that expense, which is usually the single largest on most people's budgets (for low-income people this can often be 50% or more of take-home depending on the city - yes, the rule of thumb is that…
Almost 40% of homes in America are owned free and clear (no mortgage). https://www.forbes.com/sites/brendarichardson/2019/07/26/nea...
I wonder how many of those are occupied by renters.
Re: Another 1.3M Americans File for Unemployment
#35Our government has failed in their response at local, state, and federal levels. The other thing we're going to be seeing soon is that these Unemployment programs have failed to do what they're ordained to do. This is an anecdote, but my brother was furloughed and has been waiting on any money (including the first stimulus) for literally months
Most of our "Govt" is busy playing politics and it is shameful that somehow COVID has become political as well. Trump calls masks requirement "political nonsense" which is causing many Americans to follow their President. I don't like masks too but I am happy to put one on when in public. Somehow it has become "but you are infringing on my rights".
Our Govt sucks because we continue to let them get away with this. Where are all the Senators and Congress people ? Where are the Governors ? Some are trying but most of too busy politicizing it and still denying the reality that shit has hit the fan.
It is only going to get worse. I am about to layoff a couple of employees too since they just cannot work remote and their performance has gone down significantly. As a small business owner, I don't have the margins to keep paying them anymore as we are considered a "non essential" business and cannot go to office yet.
Re: Another 1.3M Americans File for Unemployment
#36Earlier quoted context omitted.
Almost 40% of homes in America are owned free and clear (no mortgage). https://www.forbes.com/sites/brendarichardson/2019/07/26/nea...
I wonder how many of those are occupied by renters.
I'm not sure. I posted that to point out the danger of these statistics. We have to be careful. People can tell whatever kind of story they want to tell (at either extreme) and cite the same statistics. Mark Twain made this quip widely known, and it is relevant:
"Lies. Damned Lies. And statistics"
Re: Another 1.3M Americans File for Unemployment
#37Our government has failed in their response at local, state, and federal levels. The other thing we're going to be seeing soon is that these Unemployment programs have failed to do what they're ordained to do. This is an anecdote, but my brother was furloughed and has been waiting on any money (including the first stimulus) for literally months
> any money (including the first stimulus) for literally months
I got mine almost immediately. What is the difference between me and your brother, I don't understand.
Re: Another 1.3M Americans File for Unemployment
#38Earlier quoted context omitted.
Please remember to vote based on candidates’ record not FB/Youtube ads
I don’t know what this is supposed to mean, but this failure extends across both parties in the United States. The refusal by politicians to take on Capital owners is pushing people into homelessness, loss of healthcare, or danger in low wage jobs, all of which further exacerbate the pandemic. The mainstream of the Democratic Party has advanced little that would address any of this, mostly quibbling over means testin…
This is what boggles my mind. We had progressive candidates running this cycle that were outright commiting to trying something different. Yet the majority of the voter base ran towards people promising the same strategy as previous administrations. Either this crisis is magnified on HN and the majority of the voter base is unaffected by the pandemic or something else is going on.
Re: Another 1.3M Americans File for Unemployment
#39"Government doesn't work. Elect us and we'll prove it!" --One of the two major political parties in the US. We get the government we voted for, so I guess that's the one we deserve.
Problem here seem to be scaling on demand. Unemployment systems aren't designed to scale up and down based on demand.
Re: Another 1.3M Americans File for Unemployment
#40Can UBI(Universal Basic Income) scheme help to overcome Unemployment crisis ?
> Can UBI scheme help to overcome Unemployment crisis ? @varbhat
You realize that UBI requires monies, right?
The US Federal government, and most states, are bankrupt. There is no money for this years bills. There was no money for last years bills, and we keep borrowing at exorbitant interest rates.
Our deficit (shortfall for this year) is -more than- 2.7 trillion dollars.
Our debt (shortfall for previous years) is -more than- 4 trillion dollars.
We can't pay unemployment claims because there's no money...
Where the hell is anyone getting monies for UBI?!?!?!