> Ok, but most people want more than a 1/2N share of the economic "pie".
That depends on how much that share actually is. Remember - we have folks living on welfare now.
And, it might well cause people to retire earlier. Or to delay entering the work force.
Krugman's "Macroeconomics" says that it is well established that the higher the unemployment compensation, the more that people try to live on it or extend their stays. This is the same thing only moreso.
That depends on how much that share actually is. Remember - we have folks living on welfare now.
And, it might well cause people to retire earlier. Or to delay entering the work force.
Krugman's "Macroeconomics" says that it is well established that the higher the unemployment compensation, the more that people try to live on it or extend their stays. This is the same thing only moreso.