PAYS NOT TO WORK: How Biden Benefits Are Grinding The Economic Recovery To A Halt

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When it comes to free money, Americans may be getting too much of a good thing.

Under President Biden’s recently enacted $1.9 trillion American Rescue Plan, workers who lost their jobs to the pandemic shutdowns and scale-backs are now earning more in unemployment benefits than they did in wages. And that is stopping people from returning to work — just when employers are trying to reopen across the nation.

The unemployed are getting an extra $300 a week in federal benefits through Labor Day. That’s on top of state unemployment benefits averaging about $320 per week.

It all adds up to an average of $638 per week in combined federal and state unemployment payments. In 2019, that combined amount averaged out to $348 per week.

The payout had been $938 in April 2020, when Trump passed a temporary plan during the height of the pandemic that boosted weekly unemployment payments by $600 and also gave employed people one-shot stimulus checks.

Read more at NY Post.

{Matzav.com}

4 COMMENTS

  1. Editor, can’t you put one of those pictures of the prez with those closed eyes and the huge smile to go along with this story? It’s so sad how feeble-minded he and his party are. The price we’ll all going to pay for this travesty of a president and the Dem party.

  2. The April jobs report showed 800,000 less new jobs than expected. Why would anyone on unemployment bother getting a job?

    The Democrats of course are spinning it as proof that we need to pay even more money to those who don’t work

  3. A look at Wikipedia shows that the 2018 median wage was more than $40,000 in only 16 of the 50 states plus Puerto Rico and DC (that means it was less than $40,000 for 36 out of 52!). This $638 per week comes to $33,176 per year. So who is going to work 40 or more hours a week for the difference – especially when going to work entails extra expenses like transportation and clothing and babysitters etc etc etc

  4. “workers who lost their jobs to the pandemic shutdowns and scale-backs are now earning more in unemployment benefits than they did in wages”

    Well that is a very sad state of affairs in this Country. If these abusive dead-end burn-out jobs are paying close to nothing, why should any normal thinking person return to their former job??? It’s always the abusive boss/supervisor that gets away with it. They view and treat their employees like dung stuck on the bottom of their shoe. I think government should be given power to monitor and investigate all work place environments at will to see if abuse is taking place. If everything is honky dory and all the employees are treated with respect and dignity, there shouldn’t be any concern. Until then, only an idiot would return to work, if he can avoid the abuse and bring home the same measly salary.

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