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6 comments

[–] jobes [OP] 3 points (+3|-0)

The CARES Act includes a $600-a-week bonus until July 31 for those registered as unemployed. The $600 is issued in addition to the standard unemployment benefit, which varies by state and by individuals’ record of previous earnings.

unemployed workers all over America will be bringing home at least the equivalent of $15 an hour based on a 40 hour work week

So perhaps one of the most shocking outcomes of the Coronavirus Pandemic – and especially of the Coronavirus Aid, Relief, and Economic Security Act (CARES) – is that the very people we hired have now asked us to be laid off. Not because they did not like their jobs or because they did not want to work, but because it would cost them literally hundreds of dollars per week to be employed.

[–] PhunkyPlatypus 1 points (+1|-0)

So people trying to survive on the minimum wage pre covid, actually make more from the minimum wage set out by the government post covid.

This seems like a glaring example that those proponents of an increased minimum wage have a point.

Many employers go through great lengths to minimize those wages such as scheduling 39.5 hours a week and punishing those who exceed it.

I don't understand how people get pissed subsidizing people for thousands. And are fine with paying giant companies billions.

[–] jobes [OP] 1 points (+1|-0)

And are fine with paying giant companies billions.

I don't know anyone who has been fine with the $2 trillion+ that the government has printed during all of this to boost banks, buy toxic assets and benefit publicly traded companies. I just hope that this whole thing wakes more people up to the realization that 'big government never acts in your best interest', but I doubt it will.

[–] [Deleted] 1 points (+1|-0)

In four months they'll be broke. This is not a long term thing, just clickbait.

[–] jobes [OP] 1 points (+1|-0)

Well, 4 months of making $15 + state unemployment per hour is almost triple what minimum wage people in many states were making...so people who ride it out basically get 9-12 month's pay in 3-4 months. I can see a lot of people wanting to ride it out

[–] traveler 1 points (+1|-0)

riding it out, in style, at the grocery store; this is a big party for some