Thread: NetJets Layoff
View Single Post
  #57  
Old July 8th 06, 08:10 PM posted to rec.aviation.piloting
[email protected]
external usenet poster
 
Posts: 8
Default NetJets Layoff

OK.. Let's say they *typically* go up after a claim, or a succession of
claims like NetJets is going to have. My point was that unemployment
is not an unfunded entitlement like welfare. Employers pay premiums to
offset the amounts that are paid out.

Before I was suggesting I wouldn't mind hearing NetJets side of the
story, but I found out they also laid off their PR Director -- er
wait.. Maybe that was another voluntary resignation too.

David Dyer-Bennet wrote:
writes:

All I can really say is the government or taxpayers have yet to pay any
unemployment for my employees. The business pays premiums for
unemployment benefits. Like any other form of insurance, if you have
claims made against the policy, the premiums go up.


You don't need to be an economist to understand this.


Huh, that's strange; we had two claims against our car insurance last
year, and it went *down* this year (same carrier and agent, same
policy, same car, no change in coverages). As usual, the real world
isn't as simple as some people like to think.
--
David Dyer-Bennet, , http://www.dd-b.net/dd-b/
RKBA: http://www.dd-b.net/carry/
Pics: http://dd-b.lighthunters.net/ http://www.dd-b.net/dd-b/SnapshotAlbum/
Dragaera/Steven Brust: http://dragaera.info/