North Carolina stopped funding unemployment in the 90s, now wants to dick over workers
Tax cuts have consequences. Often terrible.
But then the Bush deluge happened, and shit changed, as we all know. Not only did the unemployment rate jump by six points between March 2007 and March 2009 in North Carolina, but the state had to borrow money from the federal government to cover the cost of unemployment benefits. Had the rate of contribution stayed at pre-1994 levels, the state would have had enough. Alas, man? Dick? Stranger? What are you gonna do?
You're gonna punish the unemployed is what the fuck you're gonna do. What? You think that Republican Governor Pat McCrory, working nose in ass with the NC Chamber of Commerce, is going to raise taxes back to what they were in the Clinton era? Fuck you, socialist. McCrory just signed legislation that, while it does raise taxes a little, slashes benefits for the jobless. It's like businesses got a paper cut and your laid-off sister got a prison shiv in the gut. In order to repay the federal government, the maximum amount unemployed people get is reduced from $535 to $350 a week, with the maximum weeks cut from 26 to as little as 12. Because North Carolina changed its laws, it has forfeited $780 million in federal benefits. It's sort of like being kicked in the nuts from behind. By the way, without the change to benefits, it would take North Carolina three years longer to repay it.
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