Are You Stimulated Yet??

Since all politics is local, it is time to ask if you are seeing the effects of the stimulus monies doled out 6 months ago. At the time of the stimulus, several state governors elected NOT to accept some of the stimulus money because of the future financial burden that acceptance would create for the state. As I recall, these people, including Sarah Palin, were roundly ridiculed for their stance. The big strings were poo-pooed by proponents of the stimulus. These were the same proponents of Cash for Clunkers, Single Payer health care, bail outs for car companies and all the other Obama proposals that create greater dependance on the government.

As people are beginning to address the impact of the stiumlus bill, it was interesting to read in The St. Louis Business Journal that Missouri will "miss out" on $133 Million for unemployment. Why??? It is because of those big strings.... and I applaud the actions of the Missouri legislature in having the foresight and also the guts to look into the future and effectively say, "Thanks but no thanks."

In May 2009, a bill was passed by the Missouri legislature that extended unemployment benefits to Missourians who lost their jobs due to family issues such as death, illness, spousal abuse, and also extended the duration of benefits to those in training programs from 26 weeks to 52 weeks, with this extension being covered by monies from the Stimulus Bill. This will not happen, however, as the US Department of Labor has determined that this legislation does not qualify for the state to receive $133 M from the Recovery and Reinvestment Act (AKA Porkulus Bill).

The big strings that nixed this enhancement to the Missouri unemployment law are that stimulus funded programs like this MUST CONTINE AFTER THE STIMULUS FUNDING EXPIRES IN 2 YEARS. The Missouri legislature realized that once the funding was gone, the expanded unemployment funding would have to be borne by Missouri taxpayers and businesses.
At the risk of not getting the stimulus monies, the legislators put a provision in the legislation that required that these benefits be renewed next year rather than making them permanent. So, POOF...all gone....typical of the non-stimulating "my way or the highway" position of the Obamacracy.

So Missouri is not very stimulating today in spite of the fact that there are many people in the state who would benefit from the good this stimulus money could do. To date, 71,298 Missourians have filed initial unemployment claims and the state unemployment rate is 9.3%.