Beggar Millionaires

One word- infuriating:

A new report shows that some 2,400 millionaires received unemployment insurance benefits during the economic downturn, a number that has caught the attention of politicians who funded extensions of benefits for up to 99 weeks as the economy crumbled. According to a congressional research service, on average, they collected just over $11,000 (Or about 37 weeks of unemployment). According to the study, cutting these benefits would save the country 20 million dollars over the next decade.

I wish someone could explain to me why we’re giving tax dollars to millionaires.  And, further, what makes these beggars any different than the layabout welfare recipients who are too lazy to work?

Via.

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One thought on “Beggar Millionaires

  1. wken 3 Oct 2012 at 5:34 pm

    Well, I heard recently that some people just have an entitlement mentality and feel like they’re victims.

    I heard that from some guy who’s mentioned that he was unemployed and the son of immigrants.

    … and he had to sell stock to get through Harvard without working or loans.

    I’m not feeling very charitable toward millionaires today, I guess.

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