I’M SURE IT WILL BE AS SUCCESSFUL AS HIS OTHER INSURANCE-REFORM EFFORTS: Obama unveils plan to reform unemployment insurance.
President Obama on Saturday unveiled an unemployment insurance plan that he says will provide stability and opportunity to workers in a rapidly changing economy.
The president’s three-pronged plan includes wage insurance of up to $10,000 over two years, expanded unemployment insurance coverage and more opportunities for laid off workers to retrain and reenter the workforce.
“If a hardworking American loses her job, regardless of what state she lives in, we should make sure she can get unemployment insurance and some help to retrain for her next job,” Obama said in his weekly address.
Prediction: None of this will do much good, even if it’s enacted.