Home
/
RELIGION & LIBERTY ONLINE
/
Did 2,362 Millionaires Get Unemployment Checks in 2009? (Answer: Yes they did.)
Did 2,362 Millionaires Get Unemployment Checks in 2009? (Answer: Yes they did.)
Feb 2, 2026 2:41 AM

The Congressional Research Service (CRS), a group that works exclusively for the U.S. Congress, issued a report with one of the greatest titles I’ve ever seen on a government document:

Receipt of Unemployment Insurance by e Unemployed Workers (“Millionaires”)

Now the first nine words are nothing special, typical policy-wonk speak. But whoever added in the word “millionaires” with scare quotes and parentheses is a genius. Most people would have been nodding off around the word “Insurance” but seeing millionaires (that’s such a quaint word nowadays) in the title makes you wake up and ask, “Wait, are they saying that millionaires got unemployment insurance?”

The answer: Yes. Yes they did. Millionaires have indeed been getting unemployment insurance. In fact, almost 3,000 of them in 2008 were on the dole:

Among tax filers with [adjusted gross e] of $1 million or more, 2,840 reported receipt of unemployment benefit e in 2008 and 2,362 tax filers reported receipt of unemployment benefit e in 2009. This represents 0.02% to 0.03% of all tax filers that reported receiving unemployment benefit e.

Admittedly, in the grand scheme of welfare programs 2,840 isn’t all that many people. But another 7.46 percent (816,669 tax-filers in 2008) took in between $100,000 and $200,000.

Keep in mind that this is based on adjusted gross e minus allowances for personal exemptions and itemized deductions. We’re not talking about farmers that made a million and then spent $990,000 paying for seed and farm equipment. This is the actual money you have left over after you’re accountant has worked her magic.

Because of layoff and cutbacks I’ve been unemployed twice since 2008. Neither time did it even occur to me that I should file for unemployment. I assumed (correctly, thank goodness) that I would soon find work. If I had been out of work for an extended period of time or had no savings then I would headed down to the Employment Office to take advantage of the safety net. But I believed at the time—and still do, for that matter—that unemployment insurance should be reserved for those in need.

I know it’s not popular to deny people a place at the public trough, but I’m going to take a bold stance and say that if you are in a household making $1 million a year you probably should turn down that unemployment check. In an era of political divisiveness, that should be one type of welfare reform that we can all agree on.

(Via: The Atlantic)

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Finding hope for Ukraine’s future
As the world watches in horror at the war in Ukraine, and the specter of a devastated Ukrainian economy and infrastructure lurks in the shadows, there is nevertheless good news still to be found. And it starts with free peoples and free markets. Read More… Thirty years ago, the world was in a transition that felt almost euphoric. The Soviet Union had been disbanded munism in much of the rest of the world was in retreat. Liberal democracies were ascendant,...
Russian aggression against Ukraine threatens religious liberty
Ukraine is under siege, and if history is any indicator, should Russia prove victorious, freedom of religion will also be under siege. Read More… Russia’s attack on Ukraine continues. Ukrainian resistance so far has been fierce, but Russian forces retain a huge advantage in firepower. A victory by Moscow would mean installation of a puppet government in Kyiv, with harsh repression to follow. Politically Russia was unfree even before the war. However, fear of popular protest led Russian president Vladimir...
When intellectual giants collide: Mateo Liberatore vs. Blessed Antonio Rosmini
The 225th birthday of Blessed Antonio Rosmini is a good time to remember that heated debate on the intersection of faith and reason, philosophy and the Word of God, is to be encouraged. You you never know what light will be shed—or when a saint is in the making. Read More… Christian philosophy and morality were far from my intellectual radar during the 1970s when I decided to focus on economic studies. At the time I was captivated by the...
The Incarnation: The basis for a free and virtuous society
The material and the spiritual were never meant to be opposed to each other, which is why we at Acton work to realize spiritual benefits in the context of the hustle and bustle of the material world. Read More… In the Genesis account of creation, we read that God “looked at all he had made and found it very good.” Today’s feast, which celebrates the Annunciation to Mary and the Incarnation of the Son of God, reminds us that no...
When Catholic social teaching and neoclassical economics collide
A new book on a “just economy” from a Catholic perspective has more to say about injustices wrought by neoliberalism than it does about crony capitalism and the fraught history of the statist solutions it mends. Read More… Anyone looking for an engaging overview of what modern Catholic social teaching (CST) has to say about economic matters will find it in Anthony Annett’s book Cathonomics: How Catholic Tradition Can Create a More Just Economy. Yet Cathonomics is much more than...
The Power of the Dog is everything that is wrong with Hollywood
Determined to destroy the Western, masculinity, and every shred of self-respect, this 12x-Oscar-nominated film from Jane Campion finally catches up to its own conceits, but far too late. Read More… My long series on Oscar movies ing to an end with angry words about Hollywood. To summarize, I liked Wes Anderson, loved Paul Thomas Anderson, was amused by Ridley Scott, disappointed by Steven Spielberg, and disgusted by Guillermo Del Toro. Of course, this is of no importance to the artists...
Volodymyr Zelensky is the Servant of the People
In this 2015 starring the ic Zelensky, we witness what is now an absolutely surreal depiction of a man from nowhere thrust into history with the weight of his people’s fate on his shoulders. Imagine such a thing happening in real life. I know I can’t. Read More… Three Ukrainian oligarchs, a shadow Triumvirate as it were, stand on a balcony overlooking a gorgeous town square. An election for president is imminent and they’re tired of wasting millions on backing...
Film noir and the movie-made American male
As a genre of dark intrigue, stoic protagonists, and femmes fatales, film noir has continued to beguile and entertain filmgoers for decades. But does it also have something to say about the relationship between happiness and justice? Read More… Recently I spoke at Hillsdale College on film noir as part of a program that introduced audiences to four of the most impressive movies in the genre that defined the tough detective in America and the less popular type of doomed...
How do we determine the morality of economic sanctions?
Russia and individual Russians have been hard hit by sanctions imposed by nations around the world, all intended to deter Vladimir Putin from pursuing his illegal war in Ukraine. But what moral principles should guide our decisions about whether to impose sanctions and the form they take? Read More… Are economic sanctions morally permissible? That question has been asked by many people since Russia’s invasion of Ukraine and the imposition of a range of economic sanctions on Russian entities and...
The “Dumbest Generation” has finally grown up
Mark Bauerlein’s follow-up to his 2008 book, The Dumbest Generation, delivers a depressing assessment of what hollowing out the academic canon has produced in the lives of students subjected to the dumbed-down curriculum. Read More… In his “Parable of the Madman,” Nietzsche, reflecting on the death of God, observes that “this tremendous event is still on its way,” continuing that “deeds, though done, still require time to be seen and heard.” The Madman notes the irony that even though “this...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved