Debate Rages On - Generous UI Benefits Cause People Not To Work, Or Do They? (bankrupt, expenses)

[NJ Brazen_3133]

Originally Posted by Thatsright19

Deserves?
Free money?


Hmmm

Well they are doing it anyways. They have in the past for the banks. They gave the banks more than ever will be intended for us.

[ddeemo]

Originally Posted by NJ Brazen_3133

The $1200 I just received is not quite enough for me to retire just yet. Looks like I still have to work at least another decade or two.

In fact is not enough for me to even change my spending habits all that much. I still will eat the way I do, and for the most part, I eat swell.

Most everything I enjoyed doing I did before the pandemic at my income level. What I want to do though is going to cost much more than $1200.

The $1200 has nothing to do with unemployment insurance so why post.

I don't think it is even a question that some that are receiving more in UI than they made working are going to try to stay on UI benefits.

Just FYI - the $1200 you got is $1200 more than I have received even though I am retired.

[Wo1234]

I think Tim pool made a comment about the extra unemployment and people not wanting to go back to work as proof people wouldn’t work however he neglected two important things 1) someone like yang who is a proponent of ubi has at only 1k, nothing like the unemployment benefits were, like a normal adult couldn’t survive on this 2) we are living in a weird time wuth the rona going around..

Me personally , hmm my college age self prob wouldn’t work , hell I didn’t work through college since used GI Bill bennies and tuition reimbursement from guards..my non college age yeah I’d wanna work cause 1)1k Month not a lot 2) Honestly be pretty ****ing bored and would want to be doing something

[High Altitude]

I know several people who were making about $1,000-1,500/month LESS on unemployment, with the extra $600/wk, and still didn't want to go back to work until the money ran out.

They all said the same thing, working full time for $1,000/month isn't worth it.

People adapt fast, realize they can survive off less, and like having all the free time.

The generous unemployment definitely caused a lot of people to refuse to work.

[BugsyPal]

Originally Posted by High Altitude

I know several people who were making about $1,000-1,500/month LESS on unemployment, with the extra $600/wk, and still didn't want to go back to work until the money ran out.

They all said the same thing, working full time for $1,000/month isn't worth it.

People adapt fast, realize they can survive off less, and like having all the free time.

The generous unemployment definitely caused a lot of people to refuse to work.

Statement does not make sense.

Total federal money alone was $600 x 4 ='s $2400 *PER MONTH*

Piled onto that would have been any state UI ranging from $100 to bit over $500; thus no one was getting just $1000 per month on UI/PUA or whatever.

All this being said things largely break down along what was household income prior to covid-19, and of course human nature.

Minimum wage households, and or others not doing well economically obviously got more money between UI and $600 per week than being employed. Since nearly all states cap UI benefits (some at at astonishingly low rate), high earning persons even with $600 week extra barely broke even, and or often saw reduction in monthly household income.

Then you have to factor in all the boys and girls in plastic bubbles who are so scared out of their skins about covid-19 that paying them over a grand per week to stay home was just the ticket. They see covid-19 around every corner and fear leaving their homes for any reason unless absolutely necessary.


https://www.npr.org/2020/05/26/86190...s-a-cut-in-pay

[Wo1234]

Originally Posted by High Altitude

I know several people who were making about $1,000-1,500/month LESS on unemployment, with the extra $600/wk, and still didn't want to go back to work until the money ran out.

They all said the same thing, working full time for $1,000/month isn't worth it.

People adapt fast, realize they can survive off less, and like having all the free time.

The generous unemployment definitely caused a lot of people to refuse to work.

With the amount it was definitely, I don’t think anyone whose wants ubi (well mainly yang) would have that high though , not necessarily against or for it , just pointing out differ

[1AngryTaxPayer]

Originally Posted by KaraG

Those 1/4 of us need another round. And the ones who took it and didn't need it should be paying it back.

We get hosed for taxes and this is just a small token to get some of it back. We paid 33 grand in taxes last year total. I'm keeping this pittance thank you very much. No one is keeping you from job searching for something better.

[Thatsright19]

Originally Posted by BugsyPal

Statement does not make sense.

Total federal money alone was $600 x 4 ='s $2400 *PER MONTH*

I think what that person meant is that they knew people who don’t want to work full time for the extra $1000 of differential. You could sit home and get x or work full time for y. But if y is only $1000 more than x, then people can cut cost and enjoy the time off.

It’s not just low wage earners that didn’t want to work because of this. If you’re in the sweet spot range, it might even be better to take in less money...but not actually have to work. Quality of life and stress are better and they may have only been giving up a few hundred bucks or say $1,000.

[High Altitude]

Originally Posted by BugsyPal

Statement does not make sense.

Total federal money alone was $600 x 4 ='s $2400 *PER MONTH*

Piled onto that would have been any state UI ranging from $100 to bit over $500; thus no one was getting just $1000 per month on UI/PUA or whatever.

All this being said things largely break down along what was household income prior to covid-19, and of course human nature.

Minimum wage households, and or others not doing well economically obviously got more money between UI and $600 per week than being employed. Since nearly all states cap UI benefits (some at at astonishingly low rate), high earning persons even with $600 week extra barely broke even, and or often saw reduction in monthly household income.

Then you have to factor in all the boys and girls in plastic bubbles who are so scared out of their skins about covid-19 that paying them over a grand per week to stay home was just the ticket. They see covid-19 around every corner and fear leaving their homes for any reason unless absolutely necessary.


https://www.npr.org/2020/05/26/86190...s-a-cut-in-pay

You aren't understanding what I said.

The amount they were getting on unemployment, was LESS than their normal paychecks.

ie they could have went back to work, made about $1,000 more per month, but didn't.

"They all said the same thing, working full time for $1,000/month isn't worth it." as in they would make $1,000 more per month than they are making on unemployment and it wasn't worth it.

[High Altitude]

Originally Posted by Thatsright19

I think what that person meant is that they knew people who don’t want to work full time for the extra $1000 of differential. You could sit home and get x or work full time for y. But if y is only $1000 more than x, then people can cut cost and enjoy the time off.

It’s not just low wage earners that didn’t want to work because of this. If you’re in the sweet spot range, it might even be better to take in less money...but not actually have to work. Quality of life and stress are better and they may have only been giving up a few hundred bucks or say $1,000.

Exactly.