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?
- Thousands of Millionaires Collect Unemployment – Yahoo! News (nadernazemi.com)
- Should Millionaires Get Unemployment? (abcnews.go.com)
- Nearly 2,400 millionaires received unemployment benefits, report says (bizjournals.com)
- Almost 2,400 living in households with 7-figure incomes received unemployment benefits (jacksonville.com)