Millions of Americans Are Now Making Far More Money Being Unemployed Than They Did When They Were Actually Working

by Michael Snyder
End of the American Dream

More than 26 million Americans have filed new claims for unemployment benefits in recent weeks, and a lot of them will now be bringing home much more money than they did while they were actually working. Needless to say, this is going to create a perverse incentive for people to stay unemployed for as long as possible. Just think about this for a moment. If you could earn more money sitting on your sofa gobbling down chips and watching Netflix, what possible motivation would you have to go back to work? Many low paid workers are going to want to ride this gravy train all the way to the end, and as you will see below, this is already causing big problems for businesses all across America.

So how did we get to this point?

Well, the Democrats pushed extremely hard to get a provision into the CARES Act that would give unemployed workers an additional $600 a week on top of any normal unemployment benefits. The following comes from USA Today…

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