But there’s plenty of federal money for war!
The funds states use to pay unemployment benefits are running low, raising fears of higher taxes on businesses and less money to help out-of-work employees during tight economic times.
Thirty-three states have funds below recommended levels, meaning they’re at risk of running out in less than a year unless they’re replenished as required under federal law. Nearly half the states could run out in less than six months.
The funds, totaling about $38 billion today, are in worse shape than before the last recession, when the total was about $54 billion.
“Many states have not built their unemployment trust funds back to levels adequate for even a mild recession,” said Terry Shawn, a spokesman for the U.S. Department of Labor.
Can you say shock doctrine comes to America? BushCo has Iraqed us. The only funding available in a rethuglican budget is for block warden narcs in Colorado.
Our system was designed to keep labour costs low and to hasten the return to work. The current administration has stated its preference for the favela theory of labour and decreasing benefits would tie nicely to that ideology.