Tuesday, May 11, 2021

Incentives and Disincentives

The White House denies the higher-than-normal $300/week Covid unemployment checks are a disincentive to looking for work, Forbes reports. Assuming workers clear little more than $60/day, why wouldn't they stay home? Few low paying jobs are intrinsically enjoyable.

Reacting to this headline, Instapundit regular Stephen Green snarks:

To be fair, if Democrats understood incentives, they wouldn’t be Democrats.

Funny? Sure. True? Very.