President Obama and congressional Republicans have agreed to a tentative deal that would extend all the Bush-era income tax breaks set to expire on Dec. 31, continue unemployment benefits for an additional 13 months, and cut payroll taxes for workers to encourage employers to start hiring.
I just receivedd this news alert from the Washington Post.
That will make it a total of 168 weeks of benefits for some unemployed;i.e.,more than three years. This to “encourage employers to start hiring”. What has changed from the employers point of view to encourage them to start hiring? Nothing that I can see. It appears that unemployment benefits have become another entitlement program.