Beltway Confidential

Get ready for the great unemployment benefits test

By Tim Worstall
Published May 17, 2021 11:22am ET
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Get ready for the great unemployment benefits test
There is excellent news as up to 18 states indicate that they’re going to opt out of the federal expansion and addition to unemployment insurance. It’s excellent not because this will drive poorly paid workers back into working for their living. Rather, it’s excellent because this is what economists so desire and all too often […]

There is excellent news as up to 18 states indicate that they’re going to opt out of the federal expansion and addition to unemployment insurance.

It’s excellent not because this will drive poorly paid workers back into working for their living. Rather, it’s excellent because this is what economists so desire and all too often don’t get: a true, natural experiment.

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Labor Unemployment Welfare