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>That’s because of government stimulus benefits, both the $1,200 checks that went out to most people and, even more importantly, the $600-a-week increase in une
by strict9 6y ago
>That’s because of government stimulus benefits, both the $1,200 checks that went out to most people and, even more importantly, the $600-a-week increase in unemployment insurance benefits ... But the message of this data is that, on the whole, it worked.
It sort of worked, but unfortunately the dialog has centered on the talking point that "people are making more not working than they could by working."
It's temporarily true for a lot of people suddenly out of work that weren't making a whole lot to begin with.
Now that it's ending soon things are about to get much worse for everyone.