Will The U.S. Congress Extend Long-Term Unemployment Benefits?
The U.S. Congress continues to debate whether or not they are going to extend long-term unemployment benefits for an estimated 2.1 million unemployed Americans that have stopped getting unemployment checks. So will they end up getting it done? Probably. But there are a growing number of lawmakers that are extremely alarmed about how incredibly fast the U.S. debt is growing. It is a shame that many of them were not concerned about it 12 or 13 trillion dollars ago. Not that we shouldn’t help the millions of American workers that have been out of work for a long time and can’t get jobs. A lot of people are really, really suffering out there right now. So where did all the jobs go? Well, as we detailed in a previous article, our politicians and our big American corporations have been busy shipping them off to China and to a whole host of third world nations over the past couple of decades. The millions upon millions of jobs that have been lost are gone permanently and are not coming back.