Showing posts with label asshats of extreme magnitude. Show all posts
Showing posts with label asshats of extreme magnitude. Show all posts

Tuesday, March 09, 2010

Tom Delay Fails Basic Math

Tom Delay: ...there's some studies that have been done that shows that people stay on unemployment compensation and they don't look for a job until two or three weeks before they know the benefits are going to run out

1. Average income in Florida (which I'm focusing on because I live here): $41,436 per year

2. Maximum unemployment benefits in Florida for one year: $14,300 (Max unemployment payout is $275 with no dependents)

3. Reason for people to stay on unemployment making an average of $-27000 less a year (unless maybe they were waiting one more week for a better job): 0

Are there people who will game the system? Sure. But cutting unemployment benefits for the majority of people just because *some* will benefit more than they should shows Delay has no clue about reality, about finances, about people - or about basic economics.