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In reply to the discussion: GOP Senate nominee: $600 virus unemployment benefit is 'way too much' [View all]LiberalArkie
(19,754 posts)8. I think a lot of people miss why it was set that high. People on unemployment have to spend the
money. They do not put it in a hedge fund. They do not buy a new car or boat. It ends top going into the Economy. Sales taxes are paid.
set it at $0 and watch what the next GDP is.
A 1% drop in GDP is a recession.
We called a 6.5% drop in GDP "The Great Recession".
In 1929, we called a 15% drop in GDP "The Great Depression".
What in the heck is a 33% drop in GDP called?
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GOP Senate nominee: $600 virus unemployment benefit is 'way too much' [View all]
brooklynite
Aug 2020
OP
It's on top of normal unemployment benefits, and it's also generally not taxed
mr_lebowski
Aug 2020
#9
But if they don't have jobs they don't have health insurance either.
The Velveteen Ocelot
Aug 2020
#17
Right ... so the people called back to work are not the population he'd be addressing in this case.
mr_lebowski
Aug 2020
#27
Yeah, and I kinda think that part is bullshit too ... making people go back to non-essential work
mr_lebowski
Aug 2020
#28
I do think it could be reasonably argued that it should be sliding scale, like the benefit itself
mr_lebowski
Aug 2020
#5
The unemployed should get the same amount as Cam Newton got to transfer to Auburn
Coleman
Aug 2020
#6
I think a lot of people miss why it was set that high. People on unemployment have to spend the
LiberalArkie
Aug 2020
#8
If you want to see the economy grow - Give us seniors an extra $1000 a week from the fed.
LiberalArkie
Aug 2020
#34
I wrote a long, reasoned response but tossed it. F**k you Tubby Trumperville, and the tractor you
BamaRefugee
Aug 2020
#16
It's probably going to have to be changed to be whatever the person earned per week prior to losing
cstanleytech
Aug 2020
#18