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  • Novice Trader: 
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  You know what's sad? I know 2 people who are unemployed but not willing to work for what's being offered to them. They're content milking their unemployment benefits. It's b.s. I strongly believe that there are tens of thousands of folks like this doing the same f'ing thing.

  Nov 06 08:41 AM | Link | Reply
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  • H.J. Huneycutt: 
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  • The Upward Society: Laying the Foundations for a Post-Oil Age Economy
  Anyone who is "milking" unemployment is dumb. You can use it as a way of just barely surviving for awhile as you search for a job but that's about it.
  
  It maxes out around $10K over a six month period. That's not even enough for many people to live on. It helps you survive while you're unemployed and looking for a job, but it doesn't do much more.
  
  I'd actually say it's one of the better designed government programs, but even if you wanted to "milk", you'd still be poor and your benefits would simply end after a few months anyway.
  
  On Nov 06 08:41 AM Novice Trader wrote:
  
  > You know what's sad? I know 2 people who are unemployed but not willing
  > to work for what's being offered to them. They're content milking
  > their unemployment benefits. It's b.s. I strongly believe that there
  > are tens of thousands of folks like this doing the same f'ing thing.

  Nov 06 08:58 AM | Link | Reply
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  • ValueInvestor: 
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  Just wait until February when the BLS reduces the number of active jobs by the 800,000 they've over reported since 2006. The "massaging"of the data they do is getting outrageous.

  Nov 09 02:08 PM | Link | Reply