Please, tell me more….
Here is the job participation rate released today:
As of today with all current benefits including child credits, rental assistance, increase in food stamps, etc. an unemployed family of four (two children) get between $90-100K annually in Massachusetts to sit home and do nothing.
A truck driver previously making $90K can get $67K to sit home and not work.
When there is less motivation to work the "unemployment" numbers are meaningless because it only counts those looking for jobs. While the rate of 3.5% unemployment is similar to where the previous administration was, there are 4 million less individuals choosing to participate in the workforce. That is what I mean when I say people choose to suck the government teat. It becomes a spiral because how do you then convince those individuals to work or vote for people that will take away those benefits (their free ride).