REDWAVE
Urban Jungle Dweller
- Joined
- Aug 26, 2001
- Posts
- 6,013
Another article in today's (June 10) NYT illustrates the "wonders" of the free market system. It recounts that up to 100,000 jobless New Yorkers will lose their unemployment benefits over the next two weeks. Given the current state of the economy, there is fat chance of more than a handful of them finding a job. They will be forced into utter destitution.
New York doesn't qualify for an extension of unemployment benefits, because its unemployment rate is not high enough. Unemployment in NYC is at 7.7%, a truly staggering figure. But for the state as a whole, it is "only" 6.1%, but only 3.3% of the workforce is receiving unemployment. That is a highly revealing figure in itself: only a little over half those who are out of work are receiving unemployment in the first place, because of numerous restrictions and limitations on receiving even the paltry amount unemployment pays.
Employees would vigorously oppose an extension, a business spokesperson said. Natch-- those exploitative bastards want there to be huge hordes of desperate people out there willing to take any job. That keeps those who are "lucky" enough to have a job docile and afraid to press for a wage increase or better working conditions.
The article notes drily: "History suggests that people who exhaust their emergency benefits during a recession have a hard row to hoe." That's putting it mildly-- the phrases "up shit creek without a paddle," "snowball's chance in hell," etc., come to mind here.
Finally, it should be noted that much of the unemployment in NYC is the direct or indirect result of the Sept. 11 attacks. If Bush really gave a damn about the victims of 9/11, this wouldn't be happening. These people would be getting the help they need. But of course, compassion for victims of 9/11 is no part of Bush's real agenda. It's all about bombing people on the other side of the world who had nothing to do with 9/11, and taking away our freedom.
New York doesn't qualify for an extension of unemployment benefits, because its unemployment rate is not high enough. Unemployment in NYC is at 7.7%, a truly staggering figure. But for the state as a whole, it is "only" 6.1%, but only 3.3% of the workforce is receiving unemployment. That is a highly revealing figure in itself: only a little over half those who are out of work are receiving unemployment in the first place, because of numerous restrictions and limitations on receiving even the paltry amount unemployment pays.
Employees would vigorously oppose an extension, a business spokesperson said. Natch-- those exploitative bastards want there to be huge hordes of desperate people out there willing to take any job. That keeps those who are "lucky" enough to have a job docile and afraid to press for a wage increase or better working conditions.
The article notes drily: "History suggests that people who exhaust their emergency benefits during a recession have a hard row to hoe." That's putting it mildly-- the phrases "up shit creek without a paddle," "snowball's chance in hell," etc., come to mind here.
Finally, it should be noted that much of the unemployment in NYC is the direct or indirect result of the Sept. 11 attacks. If Bush really gave a damn about the victims of 9/11, this wouldn't be happening. These people would be getting the help they need. But of course, compassion for victims of 9/11 is no part of Bush's real agenda. It's all about bombing people on the other side of the world who had nothing to do with 9/11, and taking away our freedom.
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