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03-07-2009, 07:45 AM
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Senior Member
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Join Date: Jan 2006
Location: Tennessee
6,949 posts, read 3,922,240 times
Reputation: 3550
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Quote:
Originally Posted by SmokyMtnGal
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"We have determined that we could comfortably use that money to pay out additional benefits over the course of at least the next five and a half or six years," he said.
I think he's being squeezed. His original assessment about unemployment benefits was correct. He was looking for a job in the Obama administration and they went with someone else. Maybe he got the message. Since term limits will kick in, he'll be looking for a job soon and probably thinks it's not a good idea, for his personal future, to shun the money. |
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03-08-2009, 04:45 PM
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Senior Member
Status:
"Deeper"
(set 9 days ago)
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Join Date: Mar 2008
Location: East Brainerd, Chattanooga, Tennessee
110 posts, read 64,316 times
Reputation: 65
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Or maybe he figured that the package just might be a good idea...
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03-08-2009, 08:24 PM
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Senior Member
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Join Date: Sep 2006
803 posts, read 858,642 times
Reputation: 292
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too bad he caved under pressure, he's right, taking short term money but being on the hook long term for the new beneficiaries. Oh well, might as well take the money, the economies going to crater anyway and in 2 years it won't matter.
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03-08-2009, 11:00 PM
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Senior Member
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Join Date: Feb 2007
Location: Tennessee
503 posts, read 333,561 times
Reputation: 203
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Quote:
Originally Posted by Tony1790
too bad he caved under pressure, he's right, taking short term money but being on the hook long term for the new beneficiaries. Oh well, might as well take the money, the economies going to crater anyway and in 2 years it won't matter.
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Can you say "income tax" to pay for the long term "benefits".
Welcome to what may be the European "dole" system. |
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03-09-2009, 10:35 AM
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Senior Member
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Join Date: Oct 2007
Location: nashville
121 posts, read 75,684 times
Reputation: 40
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yeah, Europe, what a horrible place.
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03-09-2009, 02:11 PM
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Senior Member
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Join Date: Feb 2007
Location: Tennessee
503 posts, read 333,561 times
Reputation: 203
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Quote:
Originally Posted by nbourbaki
yeah, Europe, what a horrible place.
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Great place to visit. having done business there for 19 years I can tell you the taxes and the dole make business and living there tough.
In the UK the pound is worth more than the dollar, yet the average pay is the same as ours, thus less to spend on necessities. Several large accounts have closed, the employees are unemployed and no new jobs open. Thus welfare for everyone, with a low standard of living and higher taxes on business and the ones still working. This was during good times, it is much worse now. |
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03-09-2009, 07:50 PM
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Moderator
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Join Date: Jun 2007
8,257 posts, read 5,262,057 times
Reputation: 6156
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I just keep hearing the phrase over and over "but for the sins of our fathers"....... hmm. Time will tell but there's no free lunch with this one I am afraid. I don't have any better ideas though.  |
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