Home
/
RELIGION & LIBERTY ONLINE
/
Did 2,362 Millionaires Get Unemployment Checks in 2009? (Answer: Yes they did.)
Did 2,362 Millionaires Get Unemployment Checks in 2009? (Answer: Yes they did.)
Mar 17, 2025 2:14 AM

The Congressional Research Service (CRS), a group that works exclusively for the U.S. Congress, issued a report with one of the greatest titles I’ve ever seen on a government document:

Receipt of Unemployment Insurance by e Unemployed Workers (“Millionaires”)

Now the first nine words are nothing special, typical policy-wonk speak. But whoever added in the word “millionaires” with scare quotes and parentheses is a genius. Most people would have been nodding off around the word “Insurance” but seeing millionaires (that’s such a quaint word nowadays) in the title makes you wake up and ask, “Wait, are they saying that millionaires got unemployment insurance?”

The answer: Yes. Yes they did. Millionaires have indeed been getting unemployment insurance. In fact, almost 3,000 of them in 2008 were on the dole:

Among tax filers with [adjusted gross e] of $1 million or more, 2,840 reported receipt of unemployment benefit e in 2008 and 2,362 tax filers reported receipt of unemployment benefit e in 2009. This represents 0.02% to 0.03% of all tax filers that reported receiving unemployment benefit e.

Admittedly, in the grand scheme of welfare programs 2,840 isn’t all that many people. But another 7.46 percent (816,669 tax-filers in 2008) took in between $100,000 and $200,000.

Keep in mind that this is based on adjusted gross e minus allowances for personal exemptions and itemized deductions. We’re not talking about farmers that made a million and then spent $990,000 paying for seed and farm equipment. This is the actual money you have left over after you’re accountant has worked her magic.

Because of layoff and cutbacks I’ve been unemployed twice since 2008. Neither time did it even occur to me that I should file for unemployment. I assumed (correctly, thank goodness) that I would soon find work. If I had been out of work for an extended period of time or had no savings then I would headed down to the Employment Office to take advantage of the safety net. But I believed at the time—and still do, for that matter—that unemployment insurance should be reserved for those in need.

I know it’s not popular to deny people a place at the public trough, but I’m going to take a bold stance and say that if you are in a household making $1 million a year you probably should turn down that unemployment check. In an era of political divisiveness, that should be one type of welfare reform that we can all agree on.

(Via: The Atlantic)

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Verse of the Day
  John 17:13 In-Context   11 I will remain in the world no longer, but they are still in the world, and I am coming to you. Holy Father, protect them by the power ofOr Father, keep them faithful toyour name, the name you gave me, so that they may be one as we are one.   12 While I was with them,...
Verse of the Day
  Commentary on Today's Verse   Commentary on John 11:1-6   (Read John 11:1-6)   It is no new thing for those whom Christ loves, to be sick; bodily distempers correct the corruption, and try the graces of God's people. He came not to preserve his people from these afflictions, but to save them from their sins, and from the wrath to come; however,...
Verse of the Day
  Commentary on Today's Verse   Commentary on Titus 2:11-15   (Read Titus 2:11-15)   The doctrine of grace and salvation by the gospel, is for all ranks and conditions of men. It teaches to forsake sin; to have no more to do with it. An earthly, sensual conversation suits not a heavenly calling. It teaches to make conscience of that which is good....
Verse of the Day
  Commentary on Today's Verse   Commentary on Hebrews 13:1-6   (Read Hebrews 13:1-6)   The design of Christ in giving himself for us, is, that he may purchase to himself a peculiar people, zealous of good works; and true religion is the strongest bond of friendship. Here are earnest exhortations to several Christian duties, especially contentment. The sin opposed to this grace and...
Verse of the Day
  Amos 5:24 In-Context   22 Even though you bring me burnt offerings and grain offerings, I will not accept them. Though you bring choice fellowship offerings, I will have no regard for them.   23 Away with the noise of your songs! I will not listen to the music of your harps.   24 But let justice roll on like a river, righteousness...
Verse of the Day
  Hebrews 11:11 In-Context   9 By faith he made his home in the promised land like a stranger in a foreign country; he lived in tents, as did Isaac and Jacob, who were heirs with him of the same promise.   10 For he was looking forward to the city with foundations, whose architect and builder is God.   11 And by faith...
Verse of the Day
  Commentary on Today's Verse   Commentary on 1 John 2:18-23   (Read 1 John 2:18-23)   Every man is an antichrist, who denies the Person, or any of the offices of Christ; and in denying the Son, he denies the Father also, and has no part in his favour while he rejects his great salvation. Let this prophecy that seducers would rise in...
Verse of the Day
  Commentary on Today's Verse   Commentary on Luke 6:1-5   (Read Luke 6:1-5)   Christ justifies his disciples in a work of necessity for themselves on the sabbath day, and that was plucking the ears of corn when they were hungry. But we must take heed that we mistake not this liberty for leave to commit sin. Christ will have us to know...
Verse of the Day
  Commentary on Today's Verse   Chapter Contents   This is a hymn of praise suited to the times of the Messiah.   The song of praise in this chapter is suitable for the return of the outcasts of Israel from their long captivity, but it is especially suitable to the case of a sinner, when he first finds peace and joy in believing;...
Verse of the Day
  Isaiah 52:7 In-Context   5 And now what do I have here? declares the Lord. For my people have been taken away for nothing, and those who rule them mock,Dead Sea Scrolls and Vulgate; Masoretic Text wail declares the Lord. And all day long my name is constantly blasphemed.   6 Therefore my people will know my name; therefore in that...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved