Unemployment Overpaid by 14 Billion in 2011

[volfan6782]

Government overpaid $14 billion in unemployment benefits - Yahoo! Finance

 

[NYYVol]

Hope and change.

Such is life when you create a welfare class.

 

[golfballs]

pathetic

 

[BigPapaVol]

Hold up. The government runs entitlement programs poorly? Craziness. Let's get more.

 

[BearCat204]

dirty freeloaders

 

[OrangeEmpire]

Ill be honest, I thought it would be higher.

 

[BigPapaVol]

Ill be honest, I thought it would be higher.

Is there any doubt it's higher?

 

[OrangeEmpire]

Is there any doubt it's higher?

Just a guess, govt usually reports a 1/4 of an actual loss.

 

[YorkVol]

Still, it is only 11% of the total paid out, I think any government program that is only 11% off is a success.



































No I don't. I just threw up thinking about how much the other 89% amounts to.

 

[BigPapaVol]

Still, it is only 11% of the total paid out, I think any government program that is only 11% off is a success.


No I don't. I just threw up thinking about how much the other 89% amounts to.

If you make the base assumption that the $14 billion is drastically low, which is reasonable, and then factor in the amount of outright fraud being helped along by the staffs in the UE offices, the numbers become staggering.

 

[OrangeEmpire]

Imagine running a company and being trillions in the hole........epic

 

[utvolpj]

Imagine running a company and being trillions in the hole........epic

and not having to accurately report those losses

 

[BearCat204]

I blame bush

 

[BigPapaVol]

I blame bush

bush has gone the way of the dino. It's land scrip at most these days.

 

[OrangeEmpire]

I miss Bubba

 

[BearCat204]

I am trying to figure out how to get in on this action

 

[OrangeEmpire]

I am trying to figure out how to get in on this action

Go out medically till 2014, set for life

 

[YorkVol]

If you make the base assumption that the $14 billion is drastically low, which is reasonable, and then factor in the amount of outright fraud being helped along by the staffs in the UE offices, the numbers become staggering.

There goes lunch!

 

[PuntBamaPunt]

"Of the states, Indiana was the worst offender, making more improper payments than it did correct ones."


good grief

 

[BearCat204]

Go out medically till 2014, set for life

Sounds like a better option for my retirement plan

 

[YorkVol]

Of course no one will be fired over this...

 

[volfanCLT]

Of course no one will be fired over this...

Maybe they purposely suck at their jobs so that they'll be fired? Then you get paid and can sit at home in your jammies watching price is right! Hell ya! God Bless America!

 

[volinbham]

I am trying to figure out how to get in on this action

don't waste your time with UE - go for disability; it's permanent.

 

[NEO]

I swear 70% of TN is on disability.

 

[BearCat204]

don't waste your time with UE - go for disability; it's permanent.

Thinking about jumping out in front of a bus so that I can secure my financial future without have to work...............there's promise here