"Gov't says stimulus saved or created 650,000 jobs"
Keep in mind a lot of that number is SAVED jobs - people who would have been laid off but were not because of stimulus funds saving them. A lot of those jobs were in education and government. A lot of the "created" jobs have been in construction. None helped me personally, but I do think they held off a ton of layoffs for a lot of people
Numbers of jobs lost have been covered by the news countless times, we know it is in the millions. This article was specific as to what was created/saved. I don't think it was misleading.
I have been following silently and I really appreciate the facts and civility of this site! I have been working hard: calling, faxing, emailing and sharing my story with media. Metro NY exactly. I hope it helps...also, I have been diligently working other (extremely chaotic) sites, to try and do some good. God bless all of you and your families....
Thank you for contacting me to express your support for an extension of federal unemployment benefits. Your opinion is very important to me, and I appreciate the opportunity to respond to you on this critical issue.
Unemployment benefits are a fundamental tool to assist American families through their most difficult times. Providing temporary assistance to families struggling through difficult times is not only socially responsible, it is an economic necessity, as every dollar paid in benefits generates $1.64 in immediate economic activity. I was happy to have voted for the American Recovery and Reinvestment Act (ARRA), which provided up to 79 weeks of unemployment benefits through 2009, increased these benefits by $25 per week, and provided a 65 percent COBRA subsidy. Despite these aggressive actions, over half a million unemployed workers have already exhausted their benefits, and another 1.5 million are expected to do the same by the end of the year, unless additional action is taken.
This urgency is why I support a number of bills that extend unemployment benefits. For example, I am a cosponsor of a measure by Senator Baucus which would provide an additional 14 weeks of unemployment to all states. This bill would provide another additional six weeks to high unemployment states, including New Jersey, totaling 20 weeks of extended benefits for New Jerseyans. I am also an original cosponsor of S. 1647, the Assistance for Unemployed Workers Extension Act, which would extend a number of unemployment provisions in the American Recovery and Reinvestment Act. You may also be happy to know that I signed a letter to the Senate Majority and Minority Leaders urging them to take up this bill as quickly as possible so that we may avoid any more lapses in this important coverage.
Since the beginnings of our recent economic downturn, we have seen record numbers of Americans losing jobs and remaining unemployed for longer periods of time. Unemployment rates soar at 9.7 percent and rising, and long-term unemployment is at record levels. While our government has taken swift action to stabilize Wall Street, I have long advocated for similarly swift action to help Main Street. While I am pleased that previous recovery efforts have staved off greater financial disaster, there still remain significant steps to provide Americans the assistance they need to meet their fundamental obligations, such as paying their mortgage, feeding their families, or filling the gas tank to carry out their job search. Please rest assured that I will continue to proactively fight to offer Americans the help they need during these difficult times.
Again, thank you for sharing your thoughts with me. This issue is very important to me, and I appreciate your support. Please do not hesitate to contact me if I may be of more assistance. You may also visit my website (http://menendez.senate.gov) to learn of other important issues to New Jersey.
EOMR...I can't get the link to work
ReplyDeleteIs this the story?
ReplyDeletehttp://news.yahoo.com/s/ap/us_stimulus_jobs
"Gov't says stimulus saved or created 650,000 jobs"
Keep in mind a lot of that number is SAVED jobs - people who would have been laid off but were not because of stimulus funds saving them. A lot of those jobs were in education and government. A lot of the "created" jobs have been in construction. None helped me personally, but I do think they held off a ton of layoffs for a lot of people
Yes, but how many jobs were STILL LOST?
ReplyDeleteThey are using blinds and shades.
Numbers of jobs lost have been covered by the news countless times, we know it is in the millions. This article was specific as to what was created/saved. I don't think it was misleading.
ReplyDeleteI fixed the link in the parent post to get to the article. just click on the title.
ReplyDeleteHi everyone,
ReplyDeleteI have been following silently and I really appreciate the facts and civility of this site! I have been working hard: calling, faxing, emailing and sharing my story with media. Metro NY exactly. I hope it helps...also, I have been diligently working other (extremely chaotic) sites, to try and do some good. God bless all of you and your families....
http://www.metro.us/us/article/2009/09/29/03/5531-82/index.xml
ReplyDeleteHi again Barbara, I reposted your Metro article in the original post above. Great Job
ReplyDeleteHi Alley!
ReplyDeleteThank you!!
Not sure where to post this, but it is absolutely heart breaking!!!
ReplyDeleteHow much longer can they sustain?
http://www.youtube.com/watch?v=HVwG01-bogE
Dear Ms. Carney:
ReplyDeleteThank you for contacting me to express your support for an extension of federal unemployment benefits. Your opinion is very important to me, and I appreciate the opportunity to respond to you on this critical issue.
Unemployment benefits are a fundamental tool to assist American families through their most difficult times. Providing temporary assistance to families struggling through difficult times is not only socially responsible, it is an economic necessity, as every dollar paid in benefits generates $1.64 in immediate economic activity. I was happy to have voted for the American Recovery and Reinvestment Act (ARRA), which provided up to 79 weeks of unemployment benefits through 2009, increased these benefits by $25 per week, and provided a 65 percent COBRA subsidy. Despite these aggressive actions, over half a million unemployed workers have already exhausted their benefits, and another 1.5 million are expected to do the same by the end of the year, unless additional action is taken.
This urgency is why I support a number of bills that extend unemployment benefits. For example, I am a cosponsor of a measure by Senator Baucus which would provide an additional 14 weeks of unemployment to all states. This bill would provide another additional six weeks to high unemployment states, including New Jersey, totaling 20 weeks of extended benefits for New Jerseyans. I am also an original cosponsor of S. 1647, the Assistance for Unemployed Workers Extension Act, which would extend a number of unemployment provisions in the American Recovery and Reinvestment Act. You may also be happy to know that I signed a letter to the Senate Majority and Minority Leaders urging them to take up this bill as quickly as possible so that we may avoid any more lapses in this important coverage.
Since the beginnings of our recent economic downturn, we have seen record numbers of Americans losing jobs and remaining unemployed for longer periods of time. Unemployment rates soar at 9.7 percent and rising, and long-term unemployment is at record levels. While our government has taken swift action to stabilize Wall Street, I have long advocated for similarly swift action to help Main Street. While I am pleased that previous recovery efforts have staved off greater financial disaster, there still remain significant steps to provide Americans the assistance they need to meet their fundamental obligations, such as paying their mortgage, feeding their families, or filling the gas tank to carry out their job search. Please rest assured that I will continue to proactively fight to offer Americans the help they need during these difficult times.
Again, thank you for sharing your thoughts with me. This issue is very important to me, and I appreciate your support. Please do not hesitate to contact me if I may be of more assistance. You may also visit my website (http://menendez.senate.gov) to learn of other important issues to New Jersey.