Whoda thunk it?
Sixty percent of job creation in 2014 was caused by the expiration of unemployment benefits, according to a new working paper published by the National Bureau of Economic Research.
While I would argue with the use of the term “Job Creation”, the fact of the matter is that when people have a chance to live off of someone else’s work, and can live comfortably with the money they are getting from the government, there is no incentive to find a job. Why should they? SOme one else is paying their bills and giving them food.
We are, as humans, lazy. SOme more than other, but ultimately, we want things. If we want more/better things, or if we are hungry, we work. If not, we tend to be Lotus Eaters.
The above is a perfect example of that.
Heh, THAT report is gonna get buried and buried DEEP if it's ever released at all!