Unemployment Rates Falling in States That Cut Federal Benefits

One of Joe Biden’s first acts after moving into the White House was to extend federal benefits for unemployment.

Republicans fought this measure tooth-and-nail, claiming it was time for people to go back to work and that the only thing keeping them on their couches was the Biden bonus money.

New data proves that claim to be true, as states that have ended the unemployment bonuses are seeing declining unemployment numbers that far exceed states that still have the benefits in place.

Pay Them More

Make no mistake about it, the unemployment bonus put in play by Democrats did have a secondary purpose.

By paying people more money to sit on their couches, Democrats were hoping to drive wages up.

Joe Biden said it himself when asked about it, telling small business owners to “pay people more” money if you want them to come back to work.

This coming from a man that has never run a business and has no idea what doubling wages overnight can do to a small business owner.

The Data Proves It

Jobs reports during the Biden term have only started to improve with the June report, and that was because roughly two dozen states have or will end the added bonuses.

If that had not happened, Biden would have likely seen another horrible report in June.

States halting the bonus money saw a 33 percent drop in new jobless claims in June.

Compare that to the mere four percent drop in states that did not halt the programs and you can see how much of an impact that bonus cash is having on people staying on their couches for as long as possible.

One state that halted the program was Mississippi, after its Republican governor, Tate Reeves, saw a rather disturbing trend.

Reeves stated, “I continued to see increases in the number of unemployed and, in some weeks, increases in the new regular claims that were coming in.

“So, I felt we had to make a decision because if we wanted to experience a full economic recovery, we had to get our people back to work.”

Casey Mulligan, former White House Council of Economic Advisers chief economist and a University of Chicago economics professor, broke it all down quite simply.

He stated, “If you pay for something, you’re going to get more of it.

“If you pay for unemployment, you’ll get more unemployment.

“There are really no surprises in what’s happening here.

“I know the Biden people act surprised, but this is something we predicted as a quantitative matter and all the different patterns were known and predicted over a year ago.”

There are only two possible conclusions here…

First, either Biden and his economic advisers were just flat-out wrong,

Or, they purposely tried to drive wages by extending this program when it was clearly no longer needed.

Either way, it is yet another black mark on Biden’s record as the White Hosue occupant.

Source: Daily Caller

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

20 Responses

  1. Its by design for the tyrants who desire control. Keep them depending on the government and power is yours forever. Its the typical democrat way – see a problem throw money at it. In this case the more people that were employed the worse off the communist democrats were because Trump got them employed and confident and moving upward and not depending on government. Worst yet they would vote for that again and again and the overseers just cant have that, especially in the minority community.

      1. Make $8,000-$12,000 A Month Online With No Prior Experience Or Skills Required. Be Your Own Boss And Choose Your Own Work Hours. Adq Thanks A lot . Simply Registerd on given Web……..____ 𝗪𝗪𝗪.𝗛𝗢𝗠𝗘𝗝𝗢𝗕𝟭.𝗖𝗢𝗠

    1. Make $8,000-$12,000 A Month Online With No Prior Experience Or Skills Required. Be Your Own Boss And Choose Your Own Work Hours.MNBhj Thanks A lot . Simply Registerd on given Web…….. bit.ly/3kwgFwe

    2. Make $8,000-$12,000 A Month Online With No Prior d Experience 0r Skills Required. Be Your 0wn B0ss And Choose Your Own Work Hours. Thanks A lot . Simply Registerd on given Web……..____ 𝐨𝐩𝐭𝐢𝐣𝐨𝐛𝐬𝟑.𝐭𝐤

  2. The buffoon doesn’t know what he’s doing! He’s following Obama’s transform America plan. He doesn’t know he’s destroying or trying to destroy America!

  3. Two things you don’t ever see together in the same sentence: “Democrat” and “common sense”

  4. one statement in the article >> This coming from a man that has never run a business and has no idea what doubling wages overnight can do to a small business owner.,
    Joe BIDEN has NEVER had a JOB in his life, he has been in Politics his entire life and sucked off the tax payer, just like Bernie Sanders, NEVER worked a day in his life to earn a dollar, has always gotten other people to work and feed him.

  5. I DO NOT BELIEVE SOME PEOPLE STEAL , HAVE CREDIT IN THE IDIOT THIEF ,LIAR BIDEN HO ALL HES LIFE ,WORKING 40+ SOME YEARS ,DOING NOTHING GOOD FOR THE AMERICAN NATION ,ONLY FOR HEM SELF ,AND NOW THE SAME DOING HES THIEF ,DROG ADDICT ,IDIOT SON TO !!!!! PELOSI AND THE LIAR DEMOCRATS THEY PUT DE IDIOT BIDEN PRESIDENT ,FOR THEY CAN DO OR EWER THEY WANT. THAT IDIOT ONLY WHIT HES NAME THERE ,OTHERWISE BIDEN HAVE NO RIGHTS TO DO NOTHING !!! EVERYBODY CAN SEE HES A IDIOT AND FORGET HO IS HES WIFE !! SOMETIME !!! PELOSI,KAMALA AND SOME OTHERS DECIDE OUR LIFE !!!!!! FOR THAT GOES EVERYTHING DAY BY DAY MORE BAD ,AND IN THE TOILET DOWN !!!! HO KNOW WHAT THEY WANT WHIT THIS MILLIONS OF MIGRANTS THIS ANIMAL DEMOCRATS ???

    1. A few don’t steal!!! those that have Ethics and Integrity those that believe in GOD and those willing to sacrifice for the good of all Gets fewer everyday

  6. Again – I was voided of my comment – what’s the matter Administrator, is my comment to real ???

  7. Of course it was on purpose. The dems will do whatever it takes to get control over the people of this nation.

  8. Make $6,000-$8,000 A Month Online With Noss Prior Experience Or Skills hy Required.Be Your Own Boss And for moredd info visit any tab this site Thanks a lot just open this link……… bit.ly/3cFgquo

  9. Make $6,000-$8,000 A Month Online With No Prior Experience Or Skilsdls hy Required.Be Your Own Boss And for moredd info visit any tab this site Thanks a lot just open this link……… bit.ly/3cFgquo

  10. Make $8,000-$12,000 A Month Online With No Prior Experience 0r Skills Required. Be Your 0wn Boss And Choose Your Own Work Hours. Thanks A lot . Simply Registerd on given Web……..____ 𝐨𝐩𝐭𝐢𝐣𝐨𝐛𝐬𝟑.𝐭𝐤

  11. biden is a phony, clearly in over his head. It is disgusting that we must hope he will serve out his term, but with the greedy KAMMIE waiting in the wings, that is what we must do … The only remedy ?

    TRUMP – DeSANTIS in 2024 — IF NOT BEFORE ! Only they can save our Country from stagnation and ruin …

Leave a Reply

Your email address will not be published. Required fields are marked *

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

PRESIDENTIAL NEWS

CONGRESSIONAL NEWS

GOP CHAIR TWEETS

Congratulations, Mike Carey on your big victory in Ohio!

It’s clear which side is energized about this race! Republicans turned out nearly 3 to 1 compared to Democrats in OH-15.

“To have these same folks today talk about the racist filibuster, it’s like they’re living in an alternate universe where no one has the ability to go back three or four years and see what they themselves said” - @votetimscott #RealAmerica
https://www.foxnews.com/politics/gop-sen-tim-scott-race-weaponized-democrats

[email protected]: “We are a people who have fought, bled and died to liberate people from our original sin. We have been more interested in the story of redemption as Americans, as we have ever been in the original sin.”

Listen now! #RealAmerica
https://gop.com/podcast?utm_medium=social&utm_source=gop_tw&utm_campaign=20210803_s000088_rrm-3-podcast_gop_rnc

Load More...

MILITARY NEWS

VIDEOS & QUICK READS