GOP Thinking—Fast and Slow

Maybe it is a fluke, but I think not, that some part-time workers who are now able to apply for unemployment insurance whereas before they were not and so are making more on unemployment than they were working.

Republicans are worried, deathly worried, that we are encouraging sloth. They are worried that people will not want to go back to work. Such are the moral hazards in the Republiverse.

These same people don’t seem to worry about the moral hazards when we bail out banks or shaky corporations, like Boeing. They don’t seem to worry that those companies would rather suck off the government teat than make good products. They also love to bail out stockholders who are elevating rent extraction above honest work as a profession.

Okay, I can solve this problem for my Republifriends. I start with a fable, maybe even a parable . . .

Let’s say that a friend, a good friend, of yours tells you about a job offer. “Dude, there is this job I think you ought to apply for. It is right up your alley . . . except, well, you will be working harder and get paid less than you are now. What do you think?” I know what you would think: “Are you effing crazy?”

If the GOP is worried that people are making more money off of unemployment insurance than working, the solution is obvious—pay better wages! Pay workers more than they can make off of unemployment payments (which are effing temporary in any case!).

If people were losing significant money while on unemployment, they would be dying to get back to their regular job. In fact, many, many problems would be solved if wages were to go up substantially. There would be less need of food stamps, other forms of welfare, charity, food banks, etc. People would pay more in taxes, lowering the annual budget deficit we always seem to run.

See, it is simple. Except there is this teeny-tiny bias the GOP has. It worries about moral hazards only when they involve the poor or middle class. That the billionaire class and corporations are raking in huge windfall profits from the government’s efforts to ameliorate the pandemic are just something that does not interest them, at least not after the scheme to funnel all of that wealth toward the billionaire class has been accomplished.

Mission accomplished! GOP!