On the recordJune 24, 2021
When we start thinking about what is going on here in our country with unemployment, in the week ending May 1, 2021, about 16 million people collected unemployment. Now, that is a staggering statistic when you realize that over 6.6 million of those people would not have been eligible to receive unemployment benefits in a traditional environment. But because of the trumped-up and boosted-up unemployment benefits the Federal Government is sending out, we are basically incentivizing people by giving them $34,000 a year to not go to work, thus creating more and more inflation. There is no production so, therefore, there are too many dollars chasing too few goods. Mr. Speaker, I yield to the gentleman from Alabama (Mr. Moore).





