Subsidized Unemployment and the Work Ethic | International Liberty

https://danieljmitchell.wordpress.com/2021/05/13/subsidized-unemployment-and-the-work-ethic/

… I explained in the interview that employers only hire people when they expect a new worker will generate at least enough revenueto cover the cost of employment.

There’s a similar calculation on the part of individuals, as shown by this satirical cartoon strip.

People decide to take jobs when they expect the additional after-tax income they earn will compensate them for the loss of leisure and/or the unpleasantness of working.

Which is why many people are now choosing not to work since the government has increased the subsidies for idleness (a bad policy that began under Trump).

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