I have relatives that aren’t looking for work simply because of the layoff money. The only way people are going to even start demanding businesses reopen is if funds are cut.
Ben Franklin’s warning goes unheeded again as the practice accelerates ...
PING!
“Divide the GOP”
The GOP is dead and won’t be coming back. The current iteration of the Democrats will be beaten by white populism or it won’t be beaten at all.
Cheating working people out of their unemployment to fatten bankers further is a recipe for disaster.
I’m in the boat who’s saying if you’re even considering extending the PUA ‘bonus’ money, also grant it to those who become fully employed. I think you’d see an explosion of people taking jobs when they aren’t dancing around the $223 income limit per week. Earn $224, that’s all you get that week. Earn $223, you get a dollar from the state and $600 from the feds.
Right now that’s a huge hurdle: lower income folks sit around and get given $768 a week PUA benefits for doing nothing, get a job, get $500 a week from working, $268 a week cut in ‘income.’
Make it $300 a week ‘bonus’ if you get a full time job and I bet a whole lot of people would suddenly find full time employment.
As others have said, a simple extension of the unemployment benefits for six months is probably the best solution. The benefits are popular and it does not spend on propping up states and cities. Hard for the Democrats to fight that or call Republicans mean. Six months takes us past the election.
If the worry is that the payments discourage taking work then make the first $600 of earned income per week tax free (but leaving the benefit taxable) for all people. This would provide a benefit to taking work and reward those in ‘essential’ businesses who are working and so not getting the benefit.
Yeah, yeah, I know, the deficit, but if the government is going to throw around so much money it may as well help people (instead of banks and larger corporations).
I prefer NO DEAL to capitulation to the left.
So Pelosi is in charge no matter what. Give her whatever she demands. Right...
Sack up, GOP.
IF they make this round of extra unemployment of $600 or whatever TAXABLE, watch how fast people will go back to work.
IF they make this round of extra unemployment of $600 or whatever TAXABLE, watch how fast people will go back to work.
How long was this extra $$$ paid? 12 weeks??? That is $7200 already paid that won’t be taxable. Start charging taxes on it & the shift in attitudes will be visible.
I think he could do more good for the economy by rescinding his own declaration of a state of emergency and letting the Democrat governors twist in the wind as they try to justify maintaining their lockdowns through the election.