Friday, July 16, 2021

Paid Leisure

All I wanna do is have some fun
I got a feeling I'm not the only one

--Sheryl Crow

Several surveys suggest 1-2 million people are abstaining from work because they have been getting the extended and expanded CV19 unemployment checks.

Why should this be surprising?

People generally prefer leisure to work. If government is willing to pay people not to work, and compensation offers a subsistence deemed acceptable, then expect long lines at the unemployment benefits window--particularly for low-skilled workers.

When unproductive behavior is subsidized, you'll get more of it.

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