Re: this Twitter thread and the article it links to.
If your business model requires paying people starvation wages to survive, it’s possible you have a business model that doesn’t actually work.
In the thread, Stephen Hayes tweets, “Jason Furman, chairman of the WH CEA under Barack Obama, says of boosted gov benefits/UI: ‘More than half of workers will get more from being unemployed than they would be from being employed.'”
The stimulus payment was $1400. That’s like a rent payment around here, maybe two rent payments if you’re rural. Expanded UI is $300/week, or $1200/month (plus whatever you’d get off regular unemployment). That’s $14,400/year. If your shitty wages can’t beat $14,400/year, you deserve to lose your employees.
Notes & Thoughts 