Matthew Yglesias

@mattyglesias ↗

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Last Checked May 21, 2020

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Mon May 11 14:51:32 +0000 2020

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Matthew Yglesias @mattyglesias

That means that for most people — and especially working class people doing low-wage personal service and retail jobs — you are better off economically taking Unemployment Insurance + $600/week than you are working. Furlough is fine *as long as you are rehired in August* — PolitiTweet.org

Posted May 11, 2020 Hibernated

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Matthew Yglesias @mattyglesias

I don’t think the impact of the CARES Act on the real stakes in the opening up debate is understood by enough people so I’m going to try to lay it out here. The median hourly wage in the United States is $19.14 which works out to $765 per week. — PolitiTweet.org

Posted May 11, 2020 Hibernated

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Matthew Yglesias @mattyglesias

So whatever the pressure to open things up this spring is about it is not about helping the people who are working retail jobs. The problem economically stems from *higher-wage* service providers (dentists, for example) and from business owners who worry about going bust. — PolitiTweet.org

Posted May 11, 2020 Hibernated