So then, if we limited unemployment to 40 weeks, these people would be forced to find jobs. But that simply isn't true in enough cases. Because when bennys do run out after 99 weeks, what happens? Some find work, but others simply stop looking. That's why there was muted applause when the rate dropped to 8.6%. Everyone knows it wasn't because all these people found jobs. And what of the companies looking for employees? We've had alot of applicants show up to drive for Fedex Ground, but without the experience, good driving record, and 10 year back-ground check, it's a no-go. That happens alot more at every company these days.
I do not wholly discount your assertions, but the bennys are not the problem, but a portion of a greatly disfunctional solution. This government has a duty to it's citizens as a kind of care taker of the economy. If it is going to regulate, tax, set monetary policy, etc., then it's not fair to the electorate when they place themselves in perpetual gridlock. The bennys were to be an extended bridge until the economic ails could be addressed. Washington has failed miserably on this and while Obama is not blameless, I think this Congress, elected on "Jobs, Jobs, Jobs" holds more of the blame. Remember, businesses have been doing very, very well under this administration. And when companies complain about regulation, it rings completely hollow to me. How can we complain about the banks being "too big to fail" and then turn them loose in unfettered capitalism where the bottom line drives all final decisions?