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Unemployment benefits and Obamacare subsidies outpace median income in several states, study finds

30CAT

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Need more evidence that leftists and their socialistic agenda is destroying our country? Good job Pedo-Joe! :rolleyes:

Bleaters just bleat. They don't realize other people's money will only last so long and is crushing the middle class.

Leftists are destroying our country

LINK: 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 Pedo-Joe 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.
 
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Need more evidence that leftists and their socialistic agenda is destroying our country? Good job Pedo-Joe! :rolleyes:

Bleaters just bleat. They don't realize other people's money will only last so long and is crushing the middle class.

Leftists are destroying our country

LINK: 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 Pedo-Joe 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.
My helper makes 39 hr not counting benefits and finding one that will show up everyday is almost impossible. The helper I use is 55 year old retired C/O .
 
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