Ray From Cleveland
Diamond Member
- Aug 16, 2015
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Totally agree with you. It's not going to incentivize most people to look for work -- just the opposite. So there you have it -- Congress and the President are supporting full-on socialism. I thought that was Bernie's bag, but apparently not!!!I am a liberal, and even I'm appalled at the level of government helicopter money that is being dropped onto people, especially those on unemployment -- they absolutely do not need the extra $600 per week, especially since most of that money is just going to end up in savings accounts or paying off high-interest debt.
Worse than that is employers are having a hard time getting people back to work. They are making more on unemployment.
In my state, if you earned a livable wage, they give you around 400 bucks a week. Add the feds contribution, that's 1000 a week. When you consider you are not paying a lot of taxes on that money like Medicare, FICA, SS, you are probably doing just as well as a working person doing 60K to 65K a year depending on what state you live in.
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Employees Furious When Owner Keeps Paying Them - They Would Have Made More on Unemployment
A small-business owner says an increase in unemployment benefits is causing her to compete with unemployment, which pays some people more than their jobs.www.westernjournal.com
Trump is worried about the economy. The Democrats are trying to use it to usher in one of their favored social programs called Universal Basic Income; everybody gets a check from the government making everybody a government dependent.
I believe Trump's intention will work. After all, if you have more money to spend, the economy doesn't suffer because everybody has buying ability. Universal Income is quite an interesting idea, but I would only support it if it replaced all our other social programs.