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The logic works like this: We had put programs in place to deal with a recession. Now that the recession is over the programs are just wasted spending that need
by maerF0x0 8y ago
The logic works like this: We had put programs in place to deal with a recession. Now that the recession is over the programs are just wasted spending that needs to be put into things like paying down debt so we have some leeway when the next recession comes around.
- soared 8y agoWhy is getting unemployed people back into the workforce wasted spend?
- maerF0x0 8y agoat least on the surface it looks like a subsidy for companies that pay too little (and workers can accept "too little" when in conjunction with said subsidies) . If it was too little to live off, with subsidies removed, workers would demand more pay and we'd stop underwriting businesses that do not warrant their underlying resources (the workers).
- soared 8y agoIt sounds like you're discussing low-income benefits and not unemployment benefits. Unemployment kicks in when you are actively searching for a job but can't find one - not when you are underemployed. Your issue is definitely real, just separate.