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Old 05-09-2021, 06:41 PM
jimjamuser jimjamuser is offline
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Originally Posted by Stu from NYC View Post
Sorry Coach K do not agree.

When the govt gives people more money to stay home than work it will distort the employment market.

Made some sense when the economy has shut down but now that the unemployment rate is down to a more normal figure, makes no sense for the govt to borrow money to pay people to stay at home.

If these subsidies went away, wages would rise as a result of companies needing to compete for labor.
The last sentence is the opposite of logic and reality.