We collect revenues from businesses for the sole purpose of building up reserves to be used during prolonged periods of high unemployment. The unemployment trust fund is now worth $8 billion. Unfortunately. the President would rather have this investment mask the deficit than help victims of these hard economic times. The President has been willing to deficit spend for the people of other nations. He provided emergency funding to the victims of the Bangladeshi flood and to the Kurdish refugees. Why wont he do the same for families and the unemployed here at home? During this recession. our deficit has already worsened as a result of a decline in revenues collected by Treasury.
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refugees