Why the unemployed are marginalized
Mike Konczal, a writer for the Atlantic, makes a very prescient statement on his blog about the difficult time the unemployed have had in getting their interests taken as seriously as the interests of the wealthy and powerful: We just had to bribe the top 3% with massive tax cuts for the next two years in order to keep unemployment insurance extensions in place for another year. Unemployment benefit extension are a net job creator and should have been a no-brainer, but it couldn’t pass without a massive bribe
Jul 31, 20201.1K Shares597.8K Views
Mike Konczal, a writer for the Atlantic, makes a very prescient statementon his blog about the difficult time the unemployed have had in getting their interests taken as seriously as the interests of the wealthy and powerful:
“„We just had to bribe the top 3% with massive tax cuts for the next two years in order to keep unemployment insurance extensions in place for another year. Unemployment benefit extension are a net job creator and should have been a no-brainer, but it couldn’t pass without a massive bribe. This doesn’t include the brutal battle for extending health care to an additional 30 million+ people. This is even after the Federal Reserve created an alphabet soup of wicked-good safety net for the top 3% of the financial system, it’s difficult to get extra benefits for working-people in the largest post-war downturn.
And all of that took place with the Democrats in control of the White House and both houses of Congress. It only gets tougher in the new Congress.
Hajra Shannon
Reviewer
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