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There's a lot of people living far from the potentially higher paying jobs, and unemployment pays you without leaving the house. No matter how low interest rat
by pengaru 6y ago
There's a lot of people living far from the potentially higher paying jobs, and unemployment pays you without leaving the house.
No matter how low interest rates get, the local gas station and drive-thru window isn't going to pay much better.
- oivey 6y agoDuring the pandemic, wealthy people have seen massive gains through huge increases in asset values without doing any work, too. Generally speaking, wealthy people have seen much larger increases in net worth during this pandemic than the working poor. Why is the problem with the economy poor people staying home on unemployment rather than monetary policies creating an asset bubble that the already well off primarily reap? The actual problem is that despite all this money washing around, real wages for many people have not went up at all.