White House economic adviser Larry Kudlow called the extra $600 per week in unemployment checks as part of coronavirus relief efforts “a disincentive” during an interview on CNN Sunday morning.
This idiot is so clueless he thinks UI sends ‘checks’.
But hey, at least people will get a ‘bonus’ for being forced to get Covid.
Have any of these administration “experts” actually had a real job where they had to do real work. And I think they get too much incentive pay so support their insensitivity.
Sp Larry are you saying that the Trump tax cuts were a disincentive to corporations to spend money on innovation, bringing back jobs from overseas, paying workers more, or just buying back shares of the their stock was the more prudent thing to do?
“I mean we’re paying people not to work, it’s better than their salaries would get."
I have never used unemployment. But I have known quite a few people who did at one time or another. I never heard them mention that the check was better than their normal income. Only the opposite and by good measure. I can’t imagine a 600 dollar bump makes it even steven or better.
Update: Since I wrote this, I have seen several posts in response to my comment. It is obvious my understanding of unemployment in this era was lacking completely. Thanks for the responses and the education.
For a while the former DOJ was a hot tub salesman
You think Trump’s approvals are low now?
Wait until rural whites stop getting their keep-the-car cash.
It would be ironic if it were the Trump administration that finally convinced enough Americans that we really need a secure social safety net because that saying about being one paycheck away from poverty isn’t just a saying when it happens to 40 million people. And yeah, we’ll tax the fucking rich to pay for it, because now we know poverty is only one pandemic away and you people, talking to you Kudlow, elected this buffoon to be your cat’s paw and he drove us straight into this ditch. We’re coming for you and we’re going to tax you every so slightly higher than you were before and you’ll scream and moan and remember—you did this to yourselves, fools.
“So, we want people to go back to work. Temporary layoffs and furloughs can go back to work,”
for now
It’s happening as we speak. He’s burning the party down by exposing the hypocrisy behind their entire existence for the last 40yrs, white supremacy motivated by greed and selfishness.
It’s $15/hour, so more than twice the Federal minimum wage. Just to put it in a perspective of where he is coming from.
I mean we’re paying people not to work, it’s better than their salaries would get.
No, Larry you are not paying people NOT to work. They lost their employment due to a pandemic. Folks would love to return to work but it should be safe for them to do so. Hey Larry tell me about Florida and Arizona where the virus is rebounding. He is a heartless clueless monster.
Kudlow said. “I mean we’re paying people not to work, …"
But I bet he is OK with paying farmers not to farm!
Kudlow said that President Trump is “looking at a reform measure” to provide “some kind of bonus for returning to work.”
Half-price admission to a Chiselin’ Trump rally?
Provided, of course, that they sign the COVID-19 release.
Are you telling landlords and the utility companies that they are out of luck, too, Larry? Where are 40 million people going to find a job during a Great Depression? Let’s just get rid of all corporate welfare while you are talking about disincentives, Kudlow. It never results in more jobs which pay a living wage on our soil.
Next month. August is when we will start to see the real pain in the economy come screaming through, and Trump’s numbers will take even more of a tumble.
July is also when a lot of COVID-19 predictions are going to be hastily revised, as the predictable June increase from the May openings shows to be much, much worse than estimated.
He’s right. The payments (checks, if you like) are a disincentive to go back to work too soon and infect your colleagues. And a disincentive to get too far behind in your rent and on other payments.
They are an incentive, however, to the economy.
Unfortunately it is true in many places actually. My husband’s company, an old, established, well-known multi-national, recently furloughed a bunch of his co-workers. Those who are not furloughed are making less than the furloughed employees, who are (unwillingly) vacationing on a bigger take-home pay due to the $600/week bump, while those who are not furloughed now have 3x more work to do to make up for the lack of other technicians in the field. Here’s the real bullshit: WHY are we ok with the fact that a measly extra $600/week makes so many people’s lives better?
Actually my sister is on unemployment and what she’s getting a week is more than what I got paid to do for in two weeks of work.
Now what I’m not hearing from Larry the Lounge Lizard is before the pandemic many states reduced the number of weeks one could get unemployment, and so have state over rode their own state laws? And does he have a suggestion for an employee that is immune compromised, or lives with someone immune compromised?
And can some please ask these motherfuckers how many COVID-19 tests have they had since Feb.?
Maybe the employers could lure employees back by paying them more then 15.00 an hour.