When Is the next economic correction happening?

[rdlangston13]

This should have been rule #1 from the start of the federal unemployment benefit.

Rule#2: federal unemployment plus state unemployment can’t exceed your normal pay rate.


Example: we have a plant in Utah, our line associates make $15 an hour or $31200 annually based on 2080 hours.

Fed plus state unemployment was paying them $42000 to stay home at the start of the pandemic and is paying the $32400 now.

This example doesn’t include that there was no tax on the federal unemployment making it probably closer to $50k+ annually


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Ill modify step two to say that unemployment should not exceed 75% of your previous working years earnings. I would not need 100% to quit and stay home, if I was over 85% of my pay to stay home i'd be gone lol

[Ganig1949]

i am just waiting for next crypto boom

[Bula]

The war in Ukraine and instability in the world can change everything. Prices are rising, many refugees, alternative sources of energy etc. I’ve never been interested in politics or economy, but now I have to (it's actually kind of interesting).