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One effect of the structural unemployment situation we are stuck in is that some employers have begun assuming that people who don't have jobs must be bad workers and, therefore, shouldn't be considered for hiring. Of course, that line of logic doesn't comply with the facts of the situation. Since 2008, millions of people really have lost their jobs "through no fault of their own," and the jobs market as a whole has shrunken. The U.S. economy no longer accomodates the U.S. work force. Hence the stagnation in unemployment.

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Richard Cohen at Politico has a piece this morning on what is probably the most important trend in Congress right now. According to the article, Republicans, from the leadership down, are warming up to the idea of raising revenue through increasing corporate tax rates and closing loopholes. "The targeting of long-protected tax breaks — for ethanol, research and development, manufacturing and foreign company income — is a sign that key House Republicans are ready to break with the orthodoxy of past tax debates while ditching special interests that have long held sway in tax reform discussions," Cohen writes. So what does it mean for the hottest issue among users of OpenCongress -- extending unemployment insurance for the very-long-term unemployed who have exhausted all available benefits without finding new work?

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Congress and the 99ers

July 13, 2010 - by Donny Shaw

The 99ers are the true victims of the jobless recovery. Yes, millions of people who have been out of work for months are struggling right now because Congress has let the extended benefits period expire, but a couple weeks from now that will be extended and those people will see their benefit payments return, including retroactive reimbursements for any payments that were put on hold. If they can find a job before the 99-weeks-max benefit period expires under the currently-pending extension (H.R. 5618) on November 30, 2010, in a sense, the system will have worked at helping them weather this crisis. But for those who are not able to find a job by then, they will join the ranks of the 99ers who, so far, have seen nothing but neglect from the people in charge of U.S. economic policy.

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