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I haven't seen anyone here address his proposed modificaitons. "for people who live in states with an unemployment rate higher than average, offer a lump sum a
by allwein 16y ago
I haven't seen anyone here address his proposed modificaitons.
"for people who live in states with an unemployment rate higher than average, offer a lump sum at the end of 12 weeks to assist the person in moving to a state with a lower-than-average rate"
This solution ignores several factors that make this a hideously bad idea in general. Factor 1 is that the unemployed person may be married and their spouse is still gainfully employed. So either he expects to trade one unemployed spouse for another after the move, or he expects the couple (and possible children) to split up for the sake of maintaining two households several states apart, just to expedite getting the unemployed person off the rolls. Factor 2 is that the unemployed person is undoubtably living somewhere and either has a rental lease or a mortgage. So I'm supposing he's going to break his lease, and thus screw over his landlord, or try and sell his house quickly in a down market, or if not, simply walk away, thus screwing his bank and possibly tens of thousands of equity that he's built up.