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by nck4222
2262 days ago
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> - The system must maintain an incentive to return to work. Paying people 100% of their replacement income to not work will reduce the incentive to return to work. Is there any evidence that shows this? I would think 4 months of 100% replacement income followed by no longer receiving unemployment benefits provides plenty of incentive to return to work. >This is a difficult topic to discuss because people reach for strawman arguments about families becoming homeless, but realistically a $60K/year equivalent income is not far from the annual median household income. People can and do find ways to live on that amount all over the country. I mean, the median household income in 2018 was 62k, and an estimated 78% of the country lives paycheck-to-paycheck. Yeah plenty of people can survive fine on it, plenty of other middle class people would be unable to afford their mortgage on it. Forcing people to sell their houses due to job loss from a pandemic seems like a pretty morally unfair system, as well as a poor economic outlook for the country. |
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