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Showing posts from February, 2013

Gender Entitlement?

The 19th Amendment protects the rights of women to vote. Would Justice Scalia call that "gender entitlement"? #EdShow— A 99er (@HelpThe99ers) March 1, 2013

NELP: Sequester Takes a Major Toll on the Unemployed

"With the sequester deadline fast-approaching, NELP prepared a short analysis documenting the devastating impact that the massive budget cuts will have on unemployed workers collecting federally funded benefits, on the overburdened state claims process, and on the delivery of critical reemployment services."Of special note, the analysis shows that 2 million workers will have to absorb an 11-percent reduction in their federally-funded unemployment benefits, starting most likely in April when most states make the challenging programming changes necessary to implement the cuts. By the end of the fiscal year, that number will grow to nearly 4 million, totaling $2.3 billion in benefit cuts to the long-term unemployed."Also significant, the state agencies that process state and federal unemployment benefits will lose nearly $200 million in administrative funding, which comes at a time of unprecedented challenges that have already seriously compromised the delivery of UI servi…

The Right to Vote

When a Constitutional Amendment specifically identifies a right, it cannot be considered as something less - it cannot be considered as a privilege. For instance: it's the right to free speech, not the privilege. It's the right to bear arms, not the privilege.The Fifteenth Amendment states that:Section 1. The right of citizens of the United States to vote shall not be denied or abridged by the United States or by any State on account of race, color, or previous condition of servitude.Section 2. The Congress shall have power to enforce this article by appropriate legislation.The Nineteenth Amendment states that:Section 1. The right of citizens of the United States to vote shall not be denied or abridged by the United States or by any State on account of sex.Section 2. Congress shall have power to enforce this article by appropriate legislation.The Twenty-Fourth Amendment states that:Section 1. The right of citizens of the United States to vote in any primary or other election f…

Speaker Boehner, why did the House GOP vote 'aye' for the sequester?

@speakerboehner Mr. Speaker, why did 174 House GOP, including yourself, vote for the sequester, if it's so bad for the U.S.? #p2#uniteblue— A 99er (@HelpThe99ers) February 21, 2013 The bill required a simple majority of votes (218) to pass. Here's the breakdown of the roll call vote: 174 Republicans voted 'aye' and 66 voted 'no'. 95 House Democrats voted 'aye', and the same number voted 'no'.

The Ad Exxon Doesn't Want You To See

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Source: The Other 98

State of the Union: Reactions

"Jobs" received over 45 mentions in President Obama's State of the Union speech. Two key passages:"A year and a half ago, I put forward an American Jobs Act that independent economists said would create more than one million new jobs. I thank the last Congress for passing some of that agenda, and I urge this Congress to pass the rest.""Let's offer incentives to companies that hire Americans who've got what it takes to fill that job opening, but have been out of work so long that no one will give them a chance."We have to keep pushing at the Federal level, because states aren't helping. (I'm looking at you, North Carolina.)Remember: based on projections from Macroeconomics Advisors and Moody's, we may see an additional 12 million jobs over the next four years. That is, as long as Congress, specifically the House GOP, can figure out how to stop manufacturing crises and holding the economy hostage.

Federal Debt Basics: What is the difference between the two types of federal debt?

source: the U.S. Government Accountability OfficeDebt held by the public essentially represents the amount the federal government has borrowed to finance cumulative cash deficits. Debt held by the public represents a burden on today's economy as borrowing from the public absorbs resources available for private investment and may put upward pressure on interest rates. The cost of borrowing or the price paid for the rental of funds (usually expressed as a percentage). Moreover, the interest paid on this debt may reduce budget flexibility because, unlike most of the budget, it cannot be controlled directly.Debt held by government accounts represents the cumulative surpluses, including interest earnings, of these accounts that have been invested in Treasury securities. The special Treasury securities held in these government accounts represent legal obligations of the Treasury and are guaranteed for principal and interest by the full faith and credit of the U.S. government. This debt …

Tales from the "new normal"

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This article is republished from PBS "In my area a company will not hire you if you've been unemployed for too long." –Need to Know viewerAlthough the unemployment rate hovers near a five-year low, it is still at a painful level. Critics say that the official numbers masks the true problem by not counting those who have just plain given up looking for work or are not working enough to support themselves. The U.S. government itself will admit to some 20 million un and underemployed Americans. Indeed, some economists, labor statisticians and management experts are warning that the eventual outcome of our recent economic troubles might well be a "jobless recovery". It's called "the new normal" — an economy where we never get near full employment again and where the traditional strategies used to land a job — more education, working your connections, rapidly sending resumes to every listing — won't do the trick. And, then there's the bias again…

American Voices: George Wentworth

This article is republished from PBSWatch American Voices: George Wentworth on PBS. See more from Need To Know. George Wentworth is a senior staff attorney at the National Employment Law Project."I graduated from college in the 1970s during a recession not unlike the one we’ve been experiencing for the past few years.My first job out of college was working in my hometown unemployment office. And in some respects it was difficult because I knew a lot of the people that I was paying unemployment checks to. And one of them, I remember, was my godfather, Frank, who had gotten laid off from one of the major manufacturing plants in town.And I remember him coming in. He was just embarrassed to see me. And, over time, you know, he said, "I'll be back to work." But he ended up being outta work for a long, long time. And it was just so painful to see the depression set in.It was an experience that left an impression on me throughout my career.Workers who are long-term unemploy…