Guest opinion: Income distribution in the U.S.: The real data

Guest opinion: Income distribution in the U.S.: The real data

Special to The News-Press As a fiscal strategy to mitigate the economic impact of COVID-19, the federal government initiated the CARES Act that included a $600 weekly check to the unemployed on top of what they received from their state unemployment.

While many believed that the impact of the pandemic justifies such a government expense, some have suggested that the CARES payment, in addition to state unemployment, provides more income to the unemployed than their original take-home pay. They ask, what incentive do the unemployed have to return to work? While anecdotal evidence from frustrated businesspersons suggest that the lack […]

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