Huh. Paying people not to work increases the number of people not working.
Patrick Tyrrell and Anthony Kim summarize a recent study of the effect of enhanced unemployment on the job market:
If common sense and reports from thousands of employers weren’t enough, a recent National Bureau of Economic Research paper found conclusively that paying people not to work during the COVID-19 pandemic was why many of them remained unemployed.
Well, nothing’s real anymore until some academic conducts a study, at least when Democrats and the mainstream media branch of their party want it not to be real.
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