I was having a rather lively debate about unemployment insurance on someone else's blog. Unfortunately, that blog's moderator understandably doesn't like the style and tone of those comments. So I've decided to continue the thread here.
Here is a summary of what I've said so far:
The negatives of unemployment insurance.
1. If you don’t lose your job, everything that you spent on UE premiums is wasted.
2. People will often delay getting another job while they collect benefits.
3. Higher benefits mean higher premiums. Premiums add to the cost of employing a person, which causes companies to hire fewer people and pay those people less.