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This is just the latest example of government artifically and arbitrarily interfering in people's lives. It never works.
Matter of fact, that's why the economy collapsed in the first place. Govt interfering in the housing market.
The collapsing of the economy is a little more complex than "government interfering in the housing market." In reality, it was a combination of things and a lot of people are to blame. I know that government is an easy scapegoat but how about lenders and predatory lending practices or borrowers that take a loan for an amount they couldn't afford? Some would (and do) argue that the lack of regulation was also a factor in the collapse.
2. It is government's responsibility to ensure conditions that doesn't drive the economy over a cliff and put everybody else in trouble also (that is still a strong possibility, so keep your seatbelts fastened, and hope the airbags work as advertised, even if you hate them).
It's NOT the governments responsibility to continue to pay, for 2 years, unemployment benefits for people out of work. It's also not there responsibility to continue to pay for peoples housing as a result of them being unemployed.
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3. It appears that you're either enjoying retirement and likely some of the benefits of a socialistic programs (SS and Medicare), or you've not experienced loss of job (yet). For many, it seems, the realization doesn't strike until they become a part of the landscape.
Sorry, mid-thirties here and the wife and I do quite well so no, I'm not enjoying retirement nor do I plan on receiving SS when I do finally retire (even though I have and will continue to get it siphoned out of my pay every year).
Secondly, yes, I have lost a job before as have many people I know. Fortunately, we are not the type that can go 99 weeks and still not find a job. I'd probably find the nearest high building and leap from it before I went a year without finding some form of employment and relied on the rest of the taxpayers to fund my "time off".
Lets be honest, for every unemployed person out there that is truly out there doing everything they can to improve their situation, there are probably 3 more that are milking this s**t for all its worth. It's pathetic and yet we keep throwing more and more money at the problem while many of these people sit on their collective asses waiting for the "right" job offer to come along. In the meantime, they are still collecting a paycheck and getting mortgage assistance. Sounds like a pretty nice gig to me.
Not directly mind you..but $3 billion is being allocated to states for homeowners.
To qualify..be out of work, be a homeowner and be at least 3 months behind on your mortgage (definition of a bad risk borrower ?)
Also, they have to have a reasonable likelihood of resuming their mortgage payments in the next two years.
I'd probably find the nearest high building and leap from it before I went a year without finding some form of employment and relied on the rest of the taxpayers to fund my "time off".
Lets be honest, for every unemployed person out there that is truly out there doing everything they can to improve their situation, there are probably 3 more that are milking this s**t for all its worth. It's pathetic and yet we keep throwing more and more money at the problem while many of these people sit on their collective asses waiting for the "right" job offer to come along. In the meantime, they are still collecting a paycheck and getting mortgage assistance. Sounds like a pretty nice gig to me.
America: Where it pays to be unemployed
Assuming that leaping from the nearest high building is a a joke, what would you do if you couldn't find a job? Would you just willingly live on the streets or would you rather accept some form of help (be it from the government, church or somewhere else)? I place my family above all else and if it came down to it, I would take money from the government. God knows they collect enough taxes and keeping their financial house in order isn't my job.
I think we forget how bad conditions would be with no government assistance especially in a weakened economy. How would you like to walk down the street and constantly be surrounded by shanty towns and people living on the streets? Granted, I live in the Midwest and the job market isn't as bad here as it is on the coasts but still. Those conditions would be pretty damn depressing.
Well let us see, if you end up dealing with the reality that many of these folks are, perhaps we can talk about "responsibility" then?
I've dealt with reality, probably far more than you've ever dealt with. Reality is if you can't make your payments, you lose the booty. Get it? You're not guaranteed 50K in printed up money to tide you over. Where is the incentive to even TRY and get by when mommy gov't just comes in with their printed up money and says "here you go hon, I'm gonna take care of ya."
Geez, I CANNOT believe the extent to which this country has degraded these days. Is there no end to the insanity?
Since when is it the Govs responsibility to take care of all these people at the rest of our expense?
S
Spoiler
ounds like a lot of these people, many of whom their credit is shot, are getting $50K to blow through with no recourse for the taxpayers getting a dime of this money back.
Pretty pitiful if you ask me but hey, this is America, lets just keep throwing money at a problem and hope nobody notices its still there
It's NOT the governments responsibility to continue to pay, for 2 years, unemployment benefits for people out of work. It's also not there responsibility to continue to pay for peoples housing as a result of them being unemployed.
I wouldn't argue against your assumptions. I made my point clear.
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Secondly, yes, I have lost a job before as have many people I know. Fortunately, we are not the type that can go 99 weeks and still not find a job. I'd probably find the nearest high building and leap from it before I went a year without finding some form of employment and relied on the rest of the taxpayers to fund my "time off".
I see your point... as long as it ain't me. May be someday you will be, and then see my point? Trust me, unemployment wouldn't be a choice to most that you so despise.
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America: Where it pays to be unemployed
Well, there is hope where you can join the rank and take advantage?
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Originally Posted by small arms
POTUS can shove his compassion!
Well, compassion ain't your cup of soup. Let me guess, you're a Christian too?
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Originally Posted by buzzpost
I've dealt with reality, probably far more than you've ever dealt with. Reality is if you can't make your payments, you lose the booty. Get it? You're not guaranteed 50K in printed up money to tide you over. Where is the incentive to even TRY and get by when mommy gov't just comes in with their printed up money and says "here you go hon, I'm gonna take care of ya."
Geez, I CANNOT believe the extent to which this country has degraded these days. Is there no end to the insanity?
You may be correct in that you've dealt with some reality a lot more than I, but perhaps you can enjoy this benefits someday? How about tomorrow? May your dreams come true, and you can lead by example.
While I think it is questionable and only putting off the inevitable, IMO; however the Premable of the Constitution can be used to argue they are doing the job required of the U.S. government (promote the general welfare clause). Yes it is vague but that is our Constitution and the only direct intent we have from the Founders within the whole Constitution.
You may disagree with him but Congress and himself of course disagrees with you on the meaning above. That is why you can vote him/them out later. However, it is hard to say the government is overstepping its bounds because of that clause...
Oh and don't underestimate the phrase "promote the general welfare." It is how the Supreme Court approved the use of eminent domain so it has a lot of "government power" behind it.
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