The economy isn’t “out 50k of labor”, the government is saving 50k that it could use to pay someone else who wants to work at wherever their headquarter is.
Assume Bob could do something and get paid 50k per year, government pays Bob 50k/year to stay at home. Bob makes 50k either way.
But, if Bob does not work for a year then the economy loses 50k/year worth of labor, that’s true if bob makes 40k staying at home or 200k staying at home. It’s also true if the government pays Bob to do something that creates zero value.
Assume Bob could do something and get paid 50k per year, government pays Bob 50k/year to stay at home. Bob makes 50k either way.
But, if Bob does not work for a year then the economy loses 50k/year worth of labor, that’s true if bob makes 40k staying at home or 200k staying at home. It’s also true if the government pays Bob to do something that creates zero value.