Biden Economist Agrees With GOP

[ShyBiGuy954]

Biden-Friendly Economist Agrees With GOP: Bigger Benefit Checks Mean Fewer Workers

https://www.newsmax.com/politics/un...andemic-return-to-work/2021/05/22/id/1022355/

Higher unemployment checks, not school closures and a lack of child care services, are what is keeping American workers from returning to the workforce and "holding back the recovery," Biden-friendly economist Jason Furman says in new economic analysis.

The suggestions undercut a major argument being used by the White House and congressional Democrats pushing for the president's $1.8 trillion American Families Plan......

 

[CornusKousa]

But stealing from the productive to pay (D)eeGenz not to work is the primary goal and objective of (D)eez.

 

[BabyBoomer50s]

Clinton’s former Treasury Secretary Larry Summers is using warnings as well. Hopefully the GOP can minimize the “infrastructure” bill and block the tax hikes.

 

[YDB95]

Biden-Friendly Economist Agrees With GOP: Bigger Benefit Checks Mean Fewer Workers

https://www.newsmax.com/politics/un...andemic-return-to-work/2021/05/22/id/1022355/

Higher unemployment checks, not school closures and a lack of child care services, are what is keeping American workers from returning to the workforce and "holding back the recovery," Biden-friendly economist Jason Furman says in new economic analysis.

No, that is not what Furman says. He mentions the unemployment checks in passing as one of several popular explanations as to why labor has been slow to return, but in no way does he agree with that. It IS true that some people believe that's the explanation, but by and large those are the same people who would repeal all minimum wage and child-labor laws if they could.

https://www.piie.com/blogs/realtime...ve-childcare-challenges-slowed-us-jobs-market

Why has labor supply been slow to return? There are many candidate explanations, including the ongoing worry among some adults about getting COVID-19 if they return to the workplace, the increased availability and generosity of unemployment insurance benefits, and challenges for working parents associated with closed schools and inadequate childcare, among others. Diagnosing the sources of ongoing weak labor supply is important to inform the types of policies that are needed now to speed the recovery.

That is the first and last mention of the unemployment checks, and it is not an endorsement of any opinion whatsoever about them.

 

[adrina]

No, that is not what Furman says. He mentions the unemployment checks in passing as one of several popular explanations as to why labor has been slow to return, but in no way does he agree with that. It IS true that some people believe that's the explanation, but by and large those are the same people who would repeal all minimum wage and child-labor laws if they could.

https://www.piie.com/blogs/realtime...ve-childcare-challenges-slowed-us-jobs-market

That is the first and last mention of the unemployment checks, and it is not an endorsement of any opinion whatsoever about them.

Shhh they don't like facts, only alternative facts. ie the ones they "interpret".

 

[WillJ8787]

No, that is not what Furman says. He mentions the unemployment checks in passing as one of several popular explanations as to why labor has been slow to return, but in no way does he agree with that. It IS true that some people believe that's the explanation, but by and large those are the same people who would repeal all minimum wage and child-labor laws if they could.

https://www.piie.com/blogs/realtime...ve-childcare-challenges-slowed-us-jobs-market

.
That is the first and last mention of the unemployment checks, and it is not an endorsement of any opinion whatsoever about them.[/QUOTE


It's classic low character, liar behavior.... conservative Repubs are good at it

 

[CornusKousa]

No, that is not what Furman says. He mentions the unemployment checks in passing as one of several popular explanations as to why labor has been slow to return, but in no way does he agree with that. It IS true that some people believe that's the explanation, but by and large those are the same people who would repeal all minimum wage and child-labor laws if they could.

Shhh they don't like facts, only alternative facts. ie the ones they "interpret".

.
That is the first and last mention of the unemployment checks, and it is not an endorsement of any opinion whatsoever about them.[/QUOTE


It's classic low character, liar behavior.... conservative Repubs are good at it

Here are the comrades desperate to believe the government paying people not to work, has no effect on people not wanting to work.

Anything to keep that ultimate welfare state fantasy alive......

 

[Lazaran]

.
BoBo made another Boo Boo.

The deplorable OP asserted that the "economist agrees with GOP", when he did nothing of the sort. That was why decent intelligent individuals REKT the deprable OP's sociopathic attempt to misrepresent what was actually stated in the article. Deplorable sociopath's biggest weakness is that they THINK they're smarter than everybody else, and will be able to prevaricate with impunity,. Fortunately, there are decent intelligent individuals who have a superior mental capacitiy for discerning the truth, and can easily recognize a deplorable sociopath's lies and misrepresentations. This is just one more example.

*nods*

 

[Rightguide]

No, that is not what Furman says....

The FACT is many Americans are collecting between $500 and $800 a week in unemployment benefits, a married couple could be pulling down as much as $80,000 a year, and many have made economic calculations against returning to work, or looking for work because of it.

 

[MartinHeidegger]

No, that is not what Furman says.

Well, it *is* from Newsmax.

 

[DeluxAuto]

The FACT is many Americans are collecting between $500 and $800 a week in unemployment benefits, a married couple could be pulling down as much as $80,000 a year, and many have made economic calculations against returning to work, or looking for work because of it.

There are ZERO states giving $500 per week and only seven over $400 per week.

FACTS:


https://thumbor.forbes.com/thumbor/fit-in/960x/https://www.forbes.com/advisor/wp-content/uploads/2021/03/3.7_Infographic_Top__Bottom_5_States.png

 

[phrodeau]

There are ZERO states giving $500 per week and only seven over $400 per week.

FACTS:


https://thumbor.forbes.com/thumbor/fit-in/960x/https://www.forbes.com/advisor/wp-content/uploads/2021/03/3.7_Infographic_Top__Bottom_5_States.png

I believe that the federal $300/week supplement is still available. So yes, nobody is getting $800 a week.

 

[jaF0]

I was always opposed to bumping UI to over 75-80% of what a person made working. But who started it? Oh yeah, Mitch and Donny.

 

[DeluxAuto]

I believe that the federal $300/week supplement is still available. So yes, nobody is getting $800 a week.

Even that's not for everyone. Where did Rightguide go

 

[Rightguide]

There are ZERO states giving $500 per week and only seven over $400 per week.

FACTS:


https://thumbor.forbes.com/thumbor/fit-in/960x/https://www.forbes.com/advisor/wp-content/uploads/2021/03/3.7_Infographic_Top__Bottom_5_States.png

Now add the federal benefits.

 

[DeluxAuto]

Now add the federal benefits.

That was addressed by the two posts above yours and it still doesn't add up to the number(s) you lied about. Do keep up.

 

[phrodeau]

Those benefit numbers are before withholding, since most of UI is taxable income.

For perspective, $400 a week is what a person earns full time for $10 an hour.

 

[IrezumiKiss]

That was addressed by the two posts above yours and it still doesn't add up to the number(s) you lied about. Do keep up.

Those benefit numbers are before withholding, since most of UI is taxable income.

For perspective, $400 a week is what a person earns full time for $10 an hour.

hmmmm RightGeerd disappeeeeerd.

https://media1.tenor.com/images/04bc270dd00dc948567902a7695e3d20/tenor.gif?itemid=9119170

https://media1.giphy.com/media/BFYLNwlsSNtcc/200.gif

 

[YDB95]

The FACT is many Americans are collecting between $500 and $800 a week in unemployment benefits, a married couple could be pulling down as much as $80,000 a year, and many have made economic calculations against returning to work, or looking for work because of it.

Your numbers have already been thoroughly debunked, but even if they were right, that's still only $40K per year each. If you have a college degree, it's not too hard to find a job that pays more than that.

 

[icanhelp1]

Your numbers have already been thoroughly debunked, but even if they were right, that's still only $40K per year each. If you have a college degree, it's not too hard to find a job that pays more than that.

Do you have any critical thinking ability, it’s not about 40K p/y it’s about compensating people above their normal range of compensation which leads to de-incentivizing people getting back to work. The government is paying people to stay out of work plain and simple and (D)s want to extend the benefits.

 

[CornusKousa]

Your numbers have already been thoroughly debunked, but even if they were right, that's still only $40K per year each. If you have a college degree, it's not too hard to find a job that pays more than that.

And what's 40k/yr each do for a couple?? 80k/yr....like he said.

Did they not teach basic math at the Public Babysitting Center you were clearly pushed though???

Do you have any critical thinking ability, it’s not about 40K p/y it’s about compensating people above their normal range of compensation which leads to de-incentivizing people getting back to work. The government is paying people to stay out of work plain and simple and (D)s want to extend the benefits.

That's the whole point, the left wants to enslave the productive to provide for the un-productive.

Same with their 'student debt relief' ....they're literally calling for the working class to pay for the highest earners debts, they're total fucking degenerates.

 

[icanhelp1]

And what's 40k/yr each do for a couple?? 80k/yr....like he said.

Did they not teach basic math at the Public Babysitting Center you were clearly pushed though???



That's the whole point, the left wants to enslave the productive to provide for the un-productive.

Same with their 'student debt relief' ....they're literally calling for the working class to pay for the highest earners debts, they're total fucking degenerates.

Can you say SOCIALISM . But they’ll deny it, they call it progress or some ridiculous form of equity, the old saying “ what’s yours is yours and what’s mine is yours.

 

[CornusKousa]

Can you say SOCIALISM

Yea, and a highly authoritarian version of it.....

 

[YDB95]

Do you have any critical thinking ability, it’s not about 40K p/y it’s about compensating people above their normal range of compensation which leads to de-incentivizing people getting back to work. The government is paying people to stay out of work plain and simple and (D)s want to extend the benefits.

You have obviously never been on public assistance, if you believe that. Besides, if you want more incentives for people to find a new job, the thing to do is offer a living wage. And I don't need three guesses to know what you think of that...

 

[ll74]

Biden-Friendly Economist Agrees With GOP: Bigger Benefit Checks Mean Fewer Workers

https://www.newsmax.com/politics/un...andemic-return-to-work/2021/05/22/id/1022355/

Higher unemployment checks, not school closures and a lack of child care services, are what is keeping American workers from returning to the workforce and "holding back the recovery," Biden-friendly economist Jason Furman says in new economic analysis.

The suggestions undercut a major argument being used by the White House and congressional Democrats pushing for the president's $1.8 trillion American Families Plan......

After reading the actual analysis - https://www.piie.com/blogs/realtime-economic-issues-watch/how-much-have-childcare-challenges-slowed-us-jobs-market - their main process is to work to disprove other theories being offered - specifically that women with younger children have left the job market at higher rates than other groups - as was noted earlier by others, this isn't the same as saying that the checks are the reasoning.

I believe it's too early to tell the full reasoning for people not working. I'd like to see an analysis of employers who raise their wages along with how that impacts their hiring. My thought is that the pandemic exposed workers' inability to survive when their job is taken away and that has directly led to many refusing to accept the measely wages that existed prior to the pandemic.

Restaurant workers, for example, had been put most at risk, but get paid less than min wage in many areas.When their job was taken away, it obviously showed them, with high contrast, that risk.