A tribute to the 99ers: We are not invisible.

Sunday, July 11, 2010

100 isn't perfect. It might be disaster.

I am one of the many long term unemployed in this country. Although I usually only speak for myself, I feel comfortable speaking for all of us in one regard. In no particular order, the 5 most important things we need are jobs, jobs, jobs, jobs and jobs. Job creation doesn't happen overnight. President Obama wanted a bipartisan stimulus, instead he got one too small. He thought after the bank bailout, the banks would repay the favor. Loan the 0% money they could get to small businesses. Instead the money was used to fuel their insatiable greed. So we must continue to be patient. Patience (in this case) requires shelter, food, utilities. Unemployment compensation beyond 99 weeks. Numerous officials have compared Wall Street to Main Street; Recovery is incomplete until it reaches Main Street. OK, put up or shut up.

Work began on the Bank Bailout in Sept., 2008. The unemployment rate in Sept., 2008 was 6.1% Today the unemployment rate is 9.5%. The unemployment rate has only been this high once in the last 70 years.

Put up or shut up. If the recovery is incomplete until it reaches Main Street, continue unemployment benefits until the unemployment rate returns to the level of Sept., 2008, 6.1% Or stop telling the world this is a priority. To help, I'll have suggestions of ways to pay for this next week.

I'm on Facebook at UBO21C and Twitter @ubo21. Please jump in.

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