Two affluent men are running for the office of President of the United States. That means it’s time for another round of one of our most-cherished traditions: finger pointing at the bottom-sucker “entitlement” folks.
Strangely enough, despite the type of things I normally write about the workplace, I’ve never been fired from a job. Weird, right? Inconceivable! You’d think a hater like me would be one of the first to go. Yet, somehow, it’s true. And, as a result, I know remarkably little about things like Unemployment Insurance (UI).
I gather it works like insurance. When employment is high, employers are paying more taxes into the UI program which creates a surplus. When there is a recession, less revenues are paid into the program and payouts (in the form of benefits to the unemployed) increase. The net result is a social net that saves for a rainy day and minimizes the disastrous effects (on society and the individual) when there isn’t enough work.
The program is paid for by employers in the form of payroll taxes.
How am I doing so far? I might be wrong on a few of the details but I think that’s about it.
The fun part, of course, is that the program is based on the premise that there isn’t enough work. In other words, if you quit or get fired, this program isn’t for you. Move along, move along. I guess that basically means it covers employers who are laid off.
Every one of my lateral or down-spiraling career moves has always been preceded by a “take this job and shove it” phase, so no unemployment benefits for me. Because I’m a responsible worker I’m left to dream about other avenues of escape like Mama Compensation.
Is the person who receives unemployment insurance benefits part of the “entitlement society?” You tell me. In the meantime, I think I may have found someone else who is. And it might not be who you think.
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