Comments about ‘Extra unemployment payments set to end Tuesday’
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Yesterday, a Black auto-body shop owner, and last Friday, a white guy renting trucks, warehouse space and offices, told me about unemployment: Congress' policies sustain it.
Since 2009, out-of-state corposations bought seven other family-owned warehouses and auctioned nonpaying tenant's possessions without mercy. This guy loans his tenants a free truck if they need to laave.
How is Congress causing unemployment?
First, O'Bama repealed the Section 179 investment deduction. This credit lets small businesses deduct the first $250,000 in capital improvement in the first year instead of wating 3 to 5 years for office equipment and 20 to 30 years for real estate.
Second, increasing unemployment benefits from two months to two years forced my state to sharply increase unemployment insurance rates based on numbers employed.
Third, why work when unemployment pays as much? The auto-body owner's best employees left because they make the same money unemployed. The white guy said that a private placement agency's owner had been embarrassed because new hires quit when they realize they make as much when they're unemployed.
why work when unemployment pays just as much?
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