...we remind you that unemployment compensation is not a poverty program. Some claimants have substantial assets. For example, 1979 income tax records reflect more than 1 ½ million tax returns reporting adjusted gross income of $20,000 or higher and also receipt of unemployment compensation. Moreover, when unemployment benefits are combined with other income-support programs, some claimants actually come out better than when they were working.
Statement of Eric J. Oxfield, Employee Benefits Attorney, U.S. Chamber of Commerce, Washington, DC (pgs 158-159). Senate Finance Committee, Hearing, “Health Insurance for the Unemployed,” 98th Congress, First Session. Bill: Health Insurance for the Unemployed