Should the extra $600 of unemployment be extended for the duration of the pandemic? | The Tylt

Should the extra $600 of unemployment be extended for the duration of the pandemic?

Republicans want to reduce or cut out the extra $600 of unemployment, arguing that the extra money creates an incentive for people to not work and stay on unemployment. In their eyes, people will not want to work if the unemployment money they collect is higher than their typical wages. 

Anecdotally, people are reporting the extra unemployment money has given people a sense of stability they haven't had ever in their lives—some worry they will be back to choose between paying bills and providing themselves and their families with basic necessities.

Democrats are pushing for an extension to the unemployment fund. Studies have found that government assistance is key to preventing economic crashes during a crisis like we are experiencing because it maintains aggregate demand. It's clear that Americans need help—32% of U.S. households missed their housing payments in July.  More money in people's pockets means people will spend money, which keeps the economy humming at a basic level. 

FINAL RESULTS
Politics
Should the extra $600 of unemployment be extended for the duration of the pandemic?
A festive crown for the winner
#BeefUpUnemployment
#CreateWorkIncentives
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Should the extra $600 of unemployment be extended for the duration of the pandemic?
#BeefUpUnemployment
#CreateWorkIncentives
#BeefUpUnemployment

Here are the stakes for removing unemployment. The facts speak for themselves—it would be devastating for the American people and could ultimately have even worse knock-on effects on the economy.

#BeefUpUnemployment
#BeefUpUnemployment
#BeefUpUnemployment
#CreateWorkIncentives

The Republican position is that too much unemployment and protections for the average worker would create incentives for them to stay unemployed. The extra $600 a week means that many people who work in service, hospitality and other industries impacted by the pandemic are likely making more money under unemployment than they are normally. Maintaining that would hamper a recovery and re-opening of the American economy, something Republicans are deadset on doing. 

Here's the Republican position on how coronavirus aid and unemployment benefits should proceed.

The GOP measure, which is actively being discussed by McConnell, White House officials, Treasury Secretary Steven Mnuchin and key Senate GOP chairmen, is expected to provide aid to businesses, hospitals and schools in an effort to jumpstart the economy with millions still out of work. But even before it's introduced, it is already prompted an outcry from Democrats, who contend the measure is far smaller in scope than what's needed and is expected to include measures their party won't accept.
On Monday, McConnell reiterated his call for lawsuit protections for "everyone related to the coronavirus" -- whether it's doctors, nurses, businesses, K-12 schools and colleges -- covering the period from December 2019 to December 2024.
#CreateWorkIncentives
#CreateWorkIncentives
FINAL RESULTS
Politics
Should the extra $600 of unemployment be extended for the duration of the pandemic?
A festive crown for the winner
#BeefUpUnemployment
#CreateWorkIncentives