Originally Posted by
Byte Stryke
well I can tell you one thing for sure.
as it stands now I am paying rent, Medical insurance and groceries with the funds I receive that were payed in by myself and my employers over the last 27 years of my working career. Yes this is my first time on unemployment ever.
Now, Should that come to a halt I will be living in Government assisted housing on Tax Dollars.
I will be eating on Food Stamps and WIC on Tax Dollars.
and drawing welfare on Tax Dollars.
Not to mention that then the few items that I Do purchase with currency that I can spare will not be purchased, couple that with the millions of other people that would be cut off and POW... Consumer spending is down further.
Depression.
about 30% of you that now HAVE jobs would lose them.
Lets remember how we got into this shit. People quit spending money because Mortgages went nuts.
People got laid off.
More people quit spending money.
property values plummeted.
more people got laid off, etc
I know its a tad more complicated than that, but as far as it pertains to the argument at hand, close enough.
350 a week is hardly enough to be running out buying bigscreens