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IPFS News Link • Economic Stimulus

Surprise! Study Finds 'Paying People To Stay Home & Not Work' Does Not Encourage Employment

• Zero Hedge - Schiff Gold

Via SchiffGold.com,

Incentives matter. All of the political grandstanding, media spin and wishful thinking won't change this basic economic principle.

Both Janet Yellen and Joe Biden insisted "enhanced" unemployment benefits weren't incentivizing people not to work. But as we recently reported, analysis of continuing unemployment claims after a number of red states cut enhanced benefits undermined this narrative. Now a study by Mercatus Center economists Michael Farren and Christopher M. Kaiser further destroys the ludicrous notion that paying people not to work won't result in fewer people working.


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