Re: Unemployment benefits and Obamacare subsidies outpace median income in several blue states, study finds
BeamMeUpScotty <[email protected]> Sun, 25 Dec 2022 03:52:17 -0500
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On 12/25/22 1:26 AM, Parasites wrote: > Benefits amount to over $100,000 in three states for a family of > four with two people not working > > The labor force participation rate was 62.1% last month, notably > lower than the 63.4% mark it was at before the coronavirus pandemic > struck the United States in March 2020. > > There are numerous reasons that unemployed Americans aren't entering > the workforce, including ongoing fears of COVID-19, disabilities > such as "long COVID," and other care responsibilities. One factor > that is contributing to the relatively low labor force participation > rate is the combination of unemployment benefits and recently > expanded Affordable Care Act (ACA) subsidies, according a new study > by the nonprofit Committee to Unleash Prosperity. > > In 14 states, unemployment benefits and ACA subsidies for a family > of four with two people not working amounts to an annualized > equivalent of $80,000 a year in wages and benefits, the study found. > > Those benefits come out to over $100,000 in three states – > Washington, Massachusetts, and New Jersey. > > "A key policy question these days that has befuddled federal > lawmakers is why so many millions of Americans have not returned to > the workplace in the post-Covid era. The U.S. is ‘missing’ more than > three million workers of working age that could be working and were > working prior to Covid but are not today," University of Chicago > economics professor Casey Mulligan and Heritage Foundation research > fellow EJ Antoni wrote in the study. > > "This study shows that one factor contributing to the dearth of > workers is the generous benefits paid to families without workers." > > The Inflation Reduction Act, which the Biden administration helped > usher through Congress earlier this year, extended subsidies from > the American Rescue Plan until 2025. > > "The expansion of assistance, especially in subsidized health > insurance to families with children and no parents working, can mean > that families can earn as much or more income from receiving > government assistance than the median household does from working," > the authors wrote. > > <https://www.foxbusiness.com/politics/unemployment-benefits- > obamacare-subsidies-outpace-median-income-several-states-study- > finds> If government and it's programs and spending, grow faster than the GDP does, the Government will suck the life out of the economy. It is a NATURAL limit on the Government growth and will collapse the economy when the Government corruption overwhelms the private sector. We're almost to that point. -- -Reality Matters- https://www.breitbart.com/politics/2022/12/09/elise-stefanik-twitter-lied-to-congress-about-shadow-banning-conservatives/ ------------------------------------------------------- And TWITTER and the FBI lied about working together as a part of the SHADOW GOVERNMENT to limit free speech. They became the *Ministry of TRUTH* that was run by the *SHADOW* *GOVERNMENT* . For those out there that said *the SHADOW GOVERNMENT is tinfoil hat* *territory* ...you better stock up on tinfoil.