Cutting Jobless Benefits Had Little Impact on Unemployment

[applegrove]

Cutting Jobless Benefits Had Little Impact on Unemployment

August 20, 2021 at 1:16 pm EDT By Taegan Goddard 4 Comments

https://politicalwire.com/2021/08/20/cutting-jobless-benefits-had-little-impact-on-unemployment/

"SNIP......

Politico: “Only eight of the 26 states that ended federal jobless benefits early saw a statistically significant drop in unemployment in July, according to Bureau of Labor Statistics data out Friday. Nine states and the District of Columbia that did not end the benefits also saw statistically significant drops in unemployment, muddying the waters as economists, policymakers and labor advocates are searching for any indication of the ramifications of some governors’ decision to cut off emergency unemployment insurance before its Sept. 6 expiration date.”

Related from New York Times: “When states began cutting off federal unemployment benefits this summer, their governors argued that the move would push people to return to work. New research suggests that ending the benefits did indeed lead some people to get jobs, but that far more people did not, leaving them — and perhaps also their states’ economies — worse off.”

.....SNIP"

[underpants]

1. It's was meant to be punitive and intimidating

Simply put.

[WHITT]

2. And

their economies are recovering more slowly and will continue to recover more slowly because there is less monies being spent into their state economies.

These clowns always get everything ass backwards and upside down, which makes one wonder if they're really here from Bizarro World.

[Casady1]

3. Republicans have an asshole gene n/t