>Tom,
>
>Not to burst your financial bubble, but, from someone who has very recent experience with that unemployed feeling, max unemployment is $920/month. I remember very clearly that great feeling of internal warmness one gets when depositing a check for $460 every 2 weeks.
>
>>Having enjoyed the many ups and downs of the economy since 1960, I can tell you a more realistic figure for unemployment is 25% above the stated number. This would include those who have been out of work for more than 6 months, who are not included in the so called unemployed figures. Many people in Silicon Valley are reporting it takes a year to find a new job.
>>
>>Our company just sent us some good news! If we are laid off the Cobra plan will allow us to "pay for our own insurance". It will cost about $900 for a family of four. That will allow about $60 a month remaining from unemployment insurance for all other expences. That sounds reasonable - if you are employed that is. I have a feeling that medical insurance is not on the priority list of the average unemployed person.
>>
>>Tom
Perry;
Thank you for the clarification. Now those of us who are laid off in the State of California can look forward to enjoying a Cobra Medical Insurance Plan for $900 and have $20 left for all other expenses. That should work.
Tom
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