So the long-term unemployed are being completely screwed by not only big business but the Republican majority in Congress that won’t do a thing to help them.
But who will Republicans help? Well, their rich banker friends, that’s who! As seen in this CNN story from 2010, the bankers backing Republicans in Congress are doing juuuuuust fine: Big banks mint money again: $18.7 billion
Occupy Wall Street chant: Banks got bailed out, we got sold out.
Why can’t Conservatives see this? They can’t all be that stupid, can they? Is it wanton ignorance, then? Conveniently ignoring the problem while they drive their 2.5 children to mall to buy more superfluous stuff? Do they just hate the poor and unemployed?
The jobs crisis has left so many people out of work for so long that most of America’s unemployed are no longer receiving unemployment benefits.
Early last year, 75 percent were receiving checks. The figure is now 48 percent — a shift that points to a growing crisis of long-term unemployment. Nearly one-third of America’s 14 million unemployed have had no job for a year or more.
via Most of the unemployed no longer receive benefits.