Dumping on the little guy
Every month, we read about how several hundreds of thousands of jobs are lost. We are at an 8.1% unemployment rate that the Fed Chief, Ben Bernanke, says may only rise. So, when I hear people imply that the unemployed are just too lazy to look for work, it makes my blood boil. Certainly, among any group, there are lazy folks. Hell, I work with some. But, to imply that people aren’t looking for work because the unemployment benefits are so good is ludicrous.
Enter CNBC.
This network was recently skewered by Jon Stewart (of the Daily Show) over it cheerleading of Wall Street to the detriment of investors.
As a result, this network is now getting a lot of attention for all the wrong reasons. Now, one of its host, Erin Burnett (appearing on MSNBC’s Morning Joe), is showing America why we don’t care for Wall Street types much these days. In a time when the heads of industry are receiving bailouts after tanking their companies and bonuses to reward failure, what is Burnett’s question: should America do away with unemployment benefits? But, it get’s better. Morning Joe host, Joe Scarborough weighs in, comparing the elimnation of unemployment benefits to welfare reform, as if the circumstances of the two are equivalent.
Video below (the madness starts at the 2:40 mark):
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