Extending Unemployment will have unintended Consequences
The high unemployment has states trying to get “Free” money. I’m going to sound harsh here, but let’s stop the extensions of Unemployment benefits. I have several friends who are getting unemployment and have no intention of trying to get on the books work. What has really happened is they have become skillful in working for cash or contract. And it’s working.
Double Dip.
They will NOT re enter the workforce. The fact is you or I with some cleverness can live below the radar in employment.
A large quantity of people who have been on unemployment for a year have changed. They will never come back. That says dire things for Social Security. Dire things for tax revenues.
The unintended consequence of extending unemployment has become the extending of the underground economy.
