It just can’t be sustained, liberals:
The government checks keeping Candy Czernicki afloat are fast running out. The reason? U.S. states obligated to pay benefits to the swelling ranks of jobless Americans are piling debt onto strained budgets.
Fifteen states have depleted their unemployment insurance funds so far, forcing them to borrow from the U.S. Treasury.
A record 30 of the country’s 50 states are expected to have to borrow up to $17 billion by next year, said Rick McHugh of the National Employment Law Project, a nonpartisan advocacy group.
“We are setting the stage for big pressures for states to restrict eligibility and benefit levels,” McHugh said. “Those type of restrictive actions undercut the (Depression-era program’s) economic and social stability purposes.”
This is the time you liberals want to impose a “soak the poor” energy tax (disguised as a “cure” for the hoax of anthropogenic global warming, no less) and a massive, new spending initiative to socialize our health care system…we can’t do it. We don’t have the money. Blame whomever you like – no matter where you lay the blame, the fact remains that we are bankrupt, as a nation. Only a massive reduction of spending to cover only the most important tasks of national security, aid to the poor and other such programs can be sustained at the moment. Everything else has to go – including your desire for a global warming fantasy and health care a la Sweden.
Either that, or you can just keep on (and I know you will) and we’ll have 15%+ unemployment by middle of next year, and then November will come.
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