Hi Hive Fam!
Catch this clip from last week's Finally Friday show with @cryptofinally as we chat about an interesting aspect to the current unemployment situation in the United States.
When someone files for unemployment in the United States - they usually get around 60% of their regular salary to tie them over while they are looking for new work. Part of the stimulus package that was approved was to give those on unemployment and additional $600 a week on top of that.
For many Americans - that means they are actually earning MORE money on unemployment than they did actually working!
Heres the math:
Let's say someone was making gross $1,000 a week working full time. They would now get about $600 a week from unemployment, PLUS another $600 - which nets them a gross amount of $1200 per week now.
I'm not saying this is the worst thing... huge corporations are still the ones getting the lions share of the stimulus...but I think it just shows the complete and utter inefficiency of government. On what planet does it make sense to give people a RAISE for not working.
I'd love to hear your thoughts below though!
Head on over to Twitter to watch the clip since there isn't a way to post short videos here on Hive yet!
This episode was streamed on the blockchain via @threespeak. 🙌🏻Head on over to Cryptofinally's 3speak account to watch the replay!
Don't forget to join us LIVE on Three Speak on Fridays at 5pm EST to be part of the conversation! Don't worry, we always post a replay for those who can't make it live.
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XO, Lea
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