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How to help the 40 million unemployed

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If you give workers as much or more than they made working McConnell says, there's no incentive to return to work. But if they don't extend unemployment benefits, will this increase the chance of more civil unrest? The riots may be over police brutality and racism but their scope and intensity are partially a result of protesters with no jobs to go to.


McConnell and Pelosi's next battle: How to help the 40 million unemployed - POLITICO

After brushing off Democrats' demands for more relief, Senate Republicans now say the next major coronavirus package is likely to move in the coming weeks. And a key conflict ahead will be over how to help the 40 million Americans out of work.

The shift comes as the state of the economy grows worse and more GOP senators call for action. But Senate Majority Leader Mitch McConnell (R-Ky.) is already making clear Republicans will not support an extension of the extra unemployment benefits Congress passed in March. GOP lawmakers say the additional aid - which expires at the end of July - provides a disincentive to return to work and some are now proposing alternatives they can rally behind.

Democrats counter that Congress must extend benefits for the millions struggling to pay bills as the U.S. faces its most uncertain economic climate in generations. Regular unemployment insurance, they note, covers just half of workers' pay on average.

The divide over jobless benefits is likely to surface as one of the biggest flashpoints for McConnell and Pelosi as they lead their parties in talks on the next major aid bill. The outcome will determine not just how much help goes to the roughly 1-in-4 unemployed Americans but how the parties can position themselves in a fierce campaign in which Congress and the White House are up for grabs.
 
Just let businesses open up. When July rolls around and the federal giveaway ends, the workers will go back to work. The unemployment rate will drop like a rock.
 
Just let businesses open up. When July rolls around and the federal giveaway ends, the workers will go back to work. The unemployment rate will drop like a rock.

Don't count on it. Democrats will do everything in their power to keep the US shutdown and Americans unemployed. They seek to do as much harm to the nation as possible before the election. Including deliberately inciting these riots. Why do you think these riots are only occurring in Democrat-controlled sh*tholes exclusively? Minneapolis, New York, St. Louis, Atlanta, etc., all under total control by the Democratic Party.

Yet another reason why the Democratic Party needs to be declared a terrorist organization under Public Law 107-40, have its assets seized, and its leadership tossed into GITMO.
 
If you give workers as much or more than they made working McConnell says, there's no incentive to return to work. But if they don't extend unemployment benefits, will this increase the chance of more civil unrest? The riots may be over police brutality and racism but their scope and intensity are partially a result of protesters with no jobs to go to.


McConnell and Pelosi's next battle: How to help the 40 million unemployed - POLITICO
Regardless of McConnel's "incentive" claims, payroll tax holidays do not pay an unemployed worker's rent, car, food, or mortgage. And when those aforementioned items don't get paid, they cascade into problems further up the financial chain to the building owners, mortgage companies, and places that sell food. And that's outside of the human suffering.
 
Just let businesses open up. When July rolls around and the federal giveaway ends, the workers will go back to work. The unemployment rate will drop like a rock.
Labor is a demand function. The laid-off workers will only return to work when there's a demand for their services. At the moment, the demand is nill.
 
Labor is a demand function. The laid-off workers will only return to work when there's a demand for their services. At the moment, the demand is nill.

Demand is down because businesses are closed. Lift the lockdowns and the demand will return. It might be quick, it might be slow, but it will return. Oh, and put an end to the riots.
 
Just let businesses open up. When July rolls around and the federal giveaway ends, the workers will go back to work. The unemployment rate will drop like a rock.

And who is going to purchase the products that those open businesses are producing and selling, pray tell? See, in order to do that, they would have to have money, which McConnell is apparently not a fan of providing.

Think of it as putting starting fluid in an engine to start it after having been out of commission.
 
Demand is down because businesses are closed. Lift the lockdowns and the demand will return. It might be quick, it might be slow, but it will return. Oh, and put an end to the riots.

No its not.....demand is down because nobody has money to buy anything. Simply opening the doors to businesses isnt going to put money in the hands of the people who would be frequenting those businesses, and as such its not gonna simply come back because the doors were opened.
 
Don't count on it. Democrats will do everything in their power to keep the US shutdown and Americans unemployed. They seek to do as much harm to the nation as possible before the election. Including deliberately inciting these riots. Why do you think these riots are only occurring in Democrat-controlled sh*tholes exclusively? Minneapolis, New York, St. Louis, Atlanta, etc., all under total control by the Democratic Party.

Yet another reason why the Democratic Party needs to be declared a terrorist organization under Public Law 107-40, have its assets seized, and its leadership tossed into GITMO.

Riots here in Colorado Springs, CO....one of the most Republican areas in the country.

Stop making **** up.
 
No its not.....demand is down because nobody has money to buy anything. Simply opening the doors to businesses isnt going to put money in the hands of the people who would be frequenting those businesses, and as such its not gonna simply come back because the doors were opened.

Nobody has any money because businesses are closed and 40 million people are out of work.

Opening businesses up will let people go back to work and thus, get paid i.e. put money in their hands.
 
Riots here in Colorado Springs, CO....one of the most Republican areas in the country.

Stop making **** up.

Does anyone, other than you, know about the riots in Colorado Springs? Because the residents of Colorado Springs and its media are clearly oblivious. It obviously isn't me who is making **** up.
 
Nobody has any money because businesses are closed and 40 million people are out of work.

Opening businesses up will let people go back to work and thus, get paid i.e. put money in their hands.

So you think business owners are just gonna bring in people for ****s and giggles?

Riddle me this....how am I gonna get paid if my boss isnt making any money?
 
Labor is a demand function. The laid-off workers will only return to work when there's a demand for their services. At the moment, the demand is nill.

Just let businesses open up.

Watch demand skyrocket.
 
If you give workers as much or more than they made working McConnell says, there's no incentive to return to work. But if they don't extend unemployment benefits, will this increase the chance of more civil unrest? The riots may be over police brutality and racism but their scope and intensity are partially a result of protesters with no jobs to go to.


McConnell and Pelosi's next battle: How to help the 40 million unemployed - POLITICO

Through unemployment compensation at the equivalent to fourteen dollars an hour, with or without a statutory fifteen dollar an hour minimum wage.
 
And who is going to purchase the products that those open businesses are producing and selling, pray tell? See, in order to do that, they would have to have money, which McConnell is apparently not a fan of providing.

Think of it as putting starting fluid in an engine to start it after having been out of commission.

The same people who purchased those products before the governors shut down the businesses.

Look, nobody in Congress...Dem or Rep...is talking about "starting an engine". They are talking about dribbling money to keep the engine at idle.

Just let business to open their own throttle, stand back...and watch the economy fly.
 

Typical liberal. Unable to distinguish between a lawful peaceful protest and a criminal violent riot. Since your education is clearly lacking, I will give you a clue: The blocking of traffic, destroying private property, and violently attacking people is NOT protesting. That is called a riot, and not something you will find anywhere except in Democrat-controlled sh*tholes because Democrats always encourages violence against its own citizens.
 
Watch demand skyrocket.

How? Who has money to buy anything other than essentials right now? And keep in mind, those places providing essentials were never really affected in this whole thing, so the people working there obviously couldnt support the economy on thier own.
 
So you think business owners are just gonna bring in people for ****s and giggles?

Riddle me this....how am I gonna get paid if my boss isnt making any money?

No, they're going to bring people in to go to work.

Riddle me this....how am I gonna get paid if my boss isnt making any money?

When your boss' customers go back to work, they're going to need his goods and services.

It ain't rocket science.
 
Typical liberal. Unable to distinguish between a lawful peaceful protest and a criminal violent riot. Since your education is clearly lacking, I will give you a clue: The blocking of traffic, destroying private property, and violently attacking people is NOT protesting. That is called a riot, and not something you will find anywhere except in Democrat-controlled sh*tholes because Democrats always encourages violence against its own citizens.

You know not what you speak of. There were explosives throw and cop cars burned. That would fall into your definition of riot, would it not?
 
Riots here in Colorado Springs, CO....one of the most Republican areas in the country.

Stop making **** up.

You, of all people, should know that the Springs isn't "one of the most Republican areas in the country". At least, not in the last 20 years.

Now, back in 1990...when I came to the Springs...yes. It was VERY conservative. Now...a lot less so.

But tell me...do you think the conservatives in the Springs are the ones protesting and rioting?
 
How to help the 40 million unemployed

isn't it obvious? print another trillion or two for rich people and hope that they buy an extra boat! ****, we have an entire political party based on that plan.
 
If you give workers as much or more than they made working McConnell says, there's no incentive to return to work. But if they don't extend unemployment benefits, will this increase the chance of more civil unrest? The riots may be over police brutality and racism but their scope and intensity are partially a result of protesters with no jobs to go to.


McConnell and Pelosi's next battle: How to help the 40 million unemployed - POLITICO

Hard to comment on something where we don't know the final version.
 
You, of all people, should know that the Springs isn't "one of the most Republican areas in the country". At least, not in the last 20 years.

Now, back in 1990...when I came to the Springs...yes. It was VERY conservative. Now...a lot less so.

But tell me...do you think the conservatives in the Springs are the ones protesting and rioting?

Maybe, maybe not....but that wasnt the claim I disputed, now was it?
 
How? Who has money to buy anything other than essentials right now? And keep in mind, those places providing essentials were never really affected in this whole thing, so the people working there obviously couldnt support the economy on thier own.

LOL!!

Hey...have you been to Lowes or Home Depot lately? How about Walmart's garden center?

People are spending piles of money on non-essentials.

My son, a department manager at Walmart, says people are buying air conditioners and fans left and right.

People have money. They just need the goods and services to spend it on. And they'll have more money when they get back to work.
 
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