You’re making this comment without realizing that you’re pre-supposing the market rate was “correct” in the first place. Which is a big proposition to just acc

You’re making this comment without realizing that you’re pre-supposing the market rate was “correct” in the first place. Which is a big proposition to just accept on its face, considering how the US government for example has been subsidizing the workforce of companies like Walmart and McDonalds, who actively encourage their own employees apply for food stamps and other social welfare programs - because their wage is so low that even though they’re working, they’re still qualifying for poverty programs! Wages have not matched productivity for decades. To assume that the market was working correctly before this extra unemployment payout program started is misguided.