South Carolina will receive $97.5 million in additional federal unemployment benefits after its jobs agency basically expanded the Palmetto state’s pool of eligible recipients. The money is part of the $787 billion “stimulus” plan passed last February, which means that these benefits are being paid for with borrowed money. The new funding was announced on Tuesday by the U.S. Department of Labor, which praised South Carolina for “updating state unemployment insurance laws.”
Ironically, a liberal benefits disbursement policy a real problem for the last agency charged with administering these funds. In fact, South Carolina businesses were stuck with a $900 million tab due to epic mismanagement at the old S.C. Employment Security Commission.
Rep. John Spratt claimed that the latest round of unemployment funds would “give the economy a much needed boost,” but we dispute that contention. This money – like the $41 million doled out two weeks ago by the S.C. Department of Employment and Workforce – will most likely go to landlords and utility companies, not consumer spending.
More than 130,000 South Carolinians have lost jobs in the private sector during the current economic recession. Meanwhile, government entities in the Palmetto state have added 25,000 positions. That has been the sad legacy of the $2 billion in “stimulus” funds shipped to South Carolina over the last two years – and taxpayers are now once again being asked to pick up the tab for government’s failure.
By dfsdf August 10, 2010 at 9:21 pm
You mean some of the stimulus that you backward fools were against is going to help you backward fools?
By Faith August 10, 2010 at 9:45 pm
Sheheen on 2nd Ammendment rights and wildlife conservation: Go Republicans for Sheheen!
http://www.southcarolinasportsman….com/details.php?id=1205
By nmbcae August 11, 2010 at 10:46 am
“…government entities in the Palmetto state have added 25,000 positions.” Who, what, when, where?