On the recordMarch 25, 2020
These quarantines are going to end. The period of staying at home is going to end. But under the policy favored by the Democratic Senators, there is going to be an incentive that is going to end up with more people being unemployed. Let's say you are a restaurant. And if you keep your employees on, maybe through a small business loan, you can pay them, say, 10 bucks or 11 bucks or 15 bucks an hour, whatever you are paying. But if you let them go, they can go on unemployment and make a whole lot more money. You don't think there are going to be a lot of small business owners who have their employees saying: Wait a second, I can make more money? That is a bad incentive. We want to create incentives. I agree that people want to work, but government can mess that up if we make it more profitable. Look, the checks we are sending, the $1,200 a person, don't create an incentive. It is not $1,200 if you do x conduct. We want incentives that bring people back to work so that these small businesses that are closing their doors every day don't stay closed--so that they open up again, and that they have opportunity again. It is a perverse incentive to pay people more not to work than to work. Yes, we should help them, but we shouldn't trap them. That is what this policy does.
Source
govinfo.gov




