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Incentives, when targeted correctly to the right people at the right time for right purpose, work. It invokes “self-interest” of individuals when the value of the incentive is sufficient to overcome any reticent of an individual to NOT do something when the incentive is trying to persuade to YES (or the other way around).
In this case, this is not one of them. AT ALL! Emphasis mine: Sen. Ben Sasse introduced legislation that would reallocate pandemic unemployment benefits into a signing bonus for those who get a job in an attempt to encourage workers back into employment following the disappointing April jobs report. Sasse introduced the plan on Tuesday in an effort to reward those currently collecting unemployment insurance if they secure a job . The legislation comes as the economy blossoms from its pandemic slump, yet employment has lagged. The difference has resulted in an excess of job openings with not enough workers and fears that unemployment benefits are incentivizing workers to stay off the job. Currently, the federal government’s supplemental pandemic unemployment program provides the unemployed $300 per week in federal payments in addition to whatever amount they are receiving in state unemployment. That number is often well above what people would make if working a minimum wage job and can disincentivize employment . Do you know what the REAL incentive is in all this? Very similar to the REAL minimum wage – $0. Nada, nein, nothing, zippo.
Nothing focuses the mind by telling the lazy that Daddy Government has taken the credit card away. Ditto those that made the rational decision to take the ride that Mommy Government offered by setting up the financial DISINCENTIVE to stay home. Even if someone is, perhaps as an example, getting 10% less on by being on the dole, they are getting a huge amount of their weekly time back. It does make sense.
It’s Government’s fault and now Government thinks it can solve it – but entirely the wrong way.
The solution isn’t MORE money, it is zero money. Remove the disincentive to work. Remove the incentive of staying in the Government’s white […]
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We Often Feel Like David Taking on Giants
Today’s Goliath is the Mainstream Media Industrial Complex that brainwashes the masses.
Our mission is very straightforward: To counter the false narratives and nefarious agendas destroying America today. It isn’t easy for obvious reasons; despite incredible growth over the last year we are still a very tiny fish in a huge media pond. But we’re fighting and we will continue to do so, Lord willing, for as long as we possibly can. The battle for America’s present and future is too important for us to back down to the giants that stand in our way.
We need help. I don’t want to say “desperately,” but the need is definitely great. If you have the means, please donate through our GivingFuel page, PayPal, or our Substack page. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.
Thank you, and God Bless!
JD Rucker
