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Not so. The support for unemployed workers has been extraordinarily generous - $600 a week. Household income has not fallen because of the unprecedented state U

• ghufran_syed 6y ago
  Anecdote: in the SF bay area in the last two weeks, I've randomly overheard two business owners talk about how they have lots of work but can't hire back any of their workers. One was a roofer, the other the manager of a hair salon who explicitly said that their staff say why would make $1000 / month less if they came back to work than if they stay at home not working. That suggests that as soon as the financial support falls to a more normal level, the unemployment level may drop significantly.
  • sharemywin 6y ago
    In all fairness that was the point so that people wouldn't go to work and add to the infection rate.
• danaris 6y ago
  I apologize for the lack of clarity in my post: I meant that the lion's share of the money the government spent went to corporations. If the government had paid every American some reasonable sum—something approaching the median cost of living, perhaps?—for the duration of the pandemic, it would have drastically reduced the amount that would have been necessary to support businesses, as expenses for all but essential businesses would have been cut down to infrastructure maintenance. Also, my main point regarding support for regular workers/unemployed is that now it's ending and things are going to get worse.