Reason to quit
Some eight hundred thousand unemployed persons will soon stop receiving unemployment compensation.

Naturally there is pressure from certain quarters for Congress to find some way to extend this compensation.

The first instinct of fiscal conservatives and libertarians would be to attempt to persuade the public that this extension of benefits would hurt the economy. Let me suggest an alternative.

Pressure Congress and the White House to offer an escape hatch. Go ahead, offer an extension of benefits, but with a catch. In exchange for accepting the extended unemployment compensation, the unemployed person agrees in writing to be exempted from all future Social Security benefits of any kind, and will no longer have FICA collected from him or her.

In short, "if you take The Package, it's over. Ninety more days, then you're out for good, no coming back. No paying into it either. Deal? Sign here."

Update: did I mention that anyone taking The Package also receives a handsomely-framed certificate stating that future employers of said person will no longer collect from nor contribute FICA for that person?

No comments: