Matthew Yglesias

@mattyglesias ↗

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Last Checked May 21, 2020

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Mon May 11 14:56:19 +0000 2020

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Matthew Yglesias @mattyglesias

You could pay businesses to keep workers on staff even though they’re not needed, *or* you could treat furloughed workers generously so there’s no need to worry about whether or not they stay on staff but trying to do both simultaneously is very confusing. — PolitiTweet.org

Posted May 11, 2020 Hibernated

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Matthew Yglesias @mattyglesias

Small business has what seems like a strong voice in congress, but the program their champions came up with — PPP — is a mess. In particular it interacts with bonus UI in a way that makes no sense. — PolitiTweet.org

Posted May 11, 2020 Hibernated

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Matthew Yglesias @mattyglesias

But the key current dynamic is that when a state “reopens” furloughed workers become ineligible for UI if their employer chooses to recall them. Democrats tried to create a de facto $15/hour minimum wage, but reopening lets governors cancel it. — PolitiTweet.org

Posted May 11, 2020 Hibernated