the beefed-payments with prompting quicker rebounds in consumer spending than if there hadn't been anything in place — particularly among low-income families that suffered disproportionately from the economic fallout of the pandemic.
Trump's suggestion appears to be a nonstarter among Democrats driving to keep the enhanced payments in place. Sen. Ron Wyden of Oregon told Business Insider in a statement that drastically scaling back unemployment benefits as would hurt the ability of families to make ends meet as coronavirus cases are surging anew.
He continued: "Slashing benefits to 70 percent of wages would cause families tremendous financial pain and the loss of about 3.4 million jobs."
What a great group of people they are? They care more about a flag than people. Let someone say something about the flag and all heck will breakout.
Just admit we're all screwed
I don't know what the right thing for the government to do is right now. It a horrible situation for everyone. I'm curious how much more money can the government really spend? I don't know the answer. But there has to be a limit before we bankrupt the whole country, right?
Fake News.
Maybe because it’s bad idea to indefinitely pay people more to not work rather than work and be productive
Huh, and this sounds logical some how?
I personally know a few people who aren't going back to work because they are making more on unemployment right now. . .
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Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »