General Discussion
In reply to the discussion: That's all she wrote: Pelosi to support TAA [View all]DCBob
(24,689 posts)Workers who are determined to have lost their jobs because of production shifts overseas or import competition can receive benefits such as relocation assistance, subsidized health care insurance, and extended unemployment benefits. Typically, workers must be enrolled in job training programs to receive the unemployment benefits.
Alternately, some workers 50 years and older can receive wage insurance, where the government will cover 50% of the difference in a workers reduced wages, topping out at $12,000 over two years, if theyre reemployed in lower paying jobs. The program also included tax credits that provide health care to displaced workers, but that component expired at the end of 2013.
http://blogs.wsj.com/briefly/2015/06/15/5-questions-on-trade-adjustment-assistance/
Sounds reasonable to me.