I have two more things to add.
1. There is no way in hell I would ever be out of work for that long unless I simply didn't want to work. Yeah, maybe I'm a little better looking, a little more motivated, slightly more articulate, and overall a slightly better candidate... but my point is the same. The majority of people out of work that long don't want to work, enjoy collecting unemployment, and will likely make a bad employee.
Giving incentives to hire poor quality employees is backwards and will never work, just like the rest of Obama's ideas.
2. I did some of the math for those of you that do not have direct employees and may not understand that an employer has additional liabilities above and beyond the benefits and paycheck the employee receives. Namely Unemployment, Social Security, Medicare.
If you pay someone $40,000 per year ($20/hr) your employer liabilities start here:
$20/hr wages = $40,000
medicare at 1.45% = $580
Fed Unemployment .08% = $56
State unemployment 3.6% = $1440
total before other expenses: $44,556
That's before any health insurance, 401k, etc.
That's some food for thought, with facts on the side.
Cheers
