Are The Wealthy Abusing Government Aid?

Unemployment benefits for millionaires
Unemployment benefits for millionaires

Many conservatives have accused unemployment insurance of creating a population of slacker, couch-bound stoners (several states have made drug tests a requirementof benefits). But an analysis by Bloomberg has found that the ultimate pinnacle of hard work and success -- millionaires -- raked in almost $80 million in jobless benefits during the recession.

At its 2010 peak, the country paid out $150 billion in unemployment benefits, according to the Congressional Budget Office. And $29.9 million of that went to millionaires, according to Bloomberg. That year, almost 3,200 households that reported an adjusted gross income of more than $1 million received unemployment benefits, with an average take of $12,600. That's 56 percent more than the $8,050 received by the average household filing for benefits, unsurprisingly so since jobless insurance is hitched to past salary.