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Re: The Redistribution Recession: How Labor Market Distortions Contracted the Economy

By: oldCADuser in FFFT | Recommend this post (0)
Wed, 26 Jun 13 7:33 PM | 23 view(s)
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Msg. 53461 of 65535
(This msg. is a reply to 53456 by killthecat)

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KTC,

I'm looking for a reference to an article that I read within the last couple of weeks where it stated that of all of the provisions of the GI Bill, the unemployment benefit aspect was the least used provision and that in the end, less resources were spent for unemployment payments than was initially assumed would be spent. The reason given was that the education provisions proved to be the most popular aspect of the bill, and not just for 4 year degrees, but also technical training which moved people more quickly into full-time well-paying jobs. The unemployment benefit was intended as a safety net only and that's exactly how it was used and why it never cost as much as expected because the other aspects worked out much better than anyone had assumed that they would.

If I can find the item again, I'll post the link.




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OCU


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The above is a reply to the following message:
Re: The Redistribution Recession: How Labor Market Distortions Contracted the Economy
By: killthecat
in FFFT
Wed, 26 Jun 13 7:08 PM
Msg. 53456 of 65535

OCU:

The guillotine was the solution to that problem, not 99 weeks of unemploment payments to pacily the people while showering money onto the scumbags who caused the recession.

Reminds me of the post-WWII GI Bill which had a host of positive features to empower discharged veterans, but also included 99 weeks of unemployment payments that delayed many of them from adjusting back into the civilian work force. It was pretty hard getting a decent job when your resume showed years of unrelated military service followed by a year of goofing off.


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