Unemployment insurance in Florida

As reported by neumerous sources this week, as of January 2010, unemployment insurance rates in the State of Florida will rise 928%.

Why you might ask? Because the seeming centrist Governor, Charlie Crist has decided to run for the Senate seat being vacated by the outgoing Mel Martinez, and as a Republican, he departed from his "centrist" political stance and decided to buck President Obama full force. He rejected the 444 million stimulus being offered to Florida, and because Florida has one of the highest unemployment rates per capita in all of the USA, their unemployment insurance fund is now depleted. Without that stimulus money to replenish the unemployment insurance fund, it must come from taxes, and that it will, all 928% of it.

What will this cause? Well, for starters, small business will be strained beyond capacity. Large business will inflate its prices on its products, and the consumer will pay for it. More jobs will be lost to job consolidation of the workforce and one person will be forced to do the work of two people, which will further increase unemployment. This begins to create a snowball effect that can throw the entire nation into a deep recession all over again. Next time though, brace for a depression, because any further stimulus that this would require is totally inconceivable.

Is Florida the only state this is happening in? As a matter of fact, it is not. It is also happening in other states with hard line Republican Governors. Do you see a trend in this? They didn't bash President Bush for coming out with the first stimulus package, did they?

Hard line partisan politics like this are going to create the widest split between the wealthy and the poor that the world has ever seen. The Republicans, the real Republicans, the wealthiest of Americans, are just greedy, and trying like hell to hold onto their money and their power. In so doing, they are pulling this entire nation down in a spiral. It's been happening for the last 9 years, but is more "in your face" right now than it has ever been before.

Listen to the arguments with a very critical ear. You will learn much.