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My impression of PPP is that this was more or less the stated intention. Hard to say whether deviating from that was malice or incompetence.
by nerdponx 5y ago
My impression of PPP is that this was more or less the stated intention. Hard to say whether deviating from that was malice or incompetence.
- wayoutthere 5y agoWhy can’t it be both? The previous administration was malevolently incompetent, as opposed to the current one that is simply incompetent.
- gscott 5y agoThere were some employers who did this. They forced their ex employees off unemployment. The employees didn't like this because unemployment paid significantly more than their old wage. Ppp essentally forced some people back into poverty.
- realityking 5y agoI‘m not american but I‘m struggling to understand how someone‘s unemployment can be higher than their wage. Do you have a link with an explanation?
- dragonwriter 5y ago> I’m not american but I’m struggling to understand how someone‘s unemployment can be higher than their wage. Unemployment in the US is state-based, and usually a fraction of recent-past monthly income. During the pandemic, there was an emergency boost designed to bring the average unemployment benefit up to full wage, but this was implement (for simplicity) as a flat $ amoung on top of the usual state unemployment benefit, not a change to the formula. So, lower wage workers ended up above 100% of their recent-past wage while the emergency enhancement was in effect.