You mean the Fed printed a ton of money and sent it to everyone making less than a certain amount, and the government guaranteed wages for those who no longer wish to work, and caused a labor shortage and inflation.
Soon those benefits will be insufficient, due to inflation, if the government continues to print money, and the real wages of the existing wage earners who actually produce value for the good of society by working are eroded and redistributed to those who don't wish to work.
If it keeps up, soon we'll all be poor, nobody will earn a living wage, but at least it will be equitable!
Don't forget that printing money for stimulus checks is borrowing at greatest expense to the lowest wage earners in order to pay those who choose not to work at all
It's not some revealed flaw in capitalism that given short term wages that are the same for working and for doing nothing, that people choose the latter.
Soon those benefits will be insufficient, due to inflation, if the government continues to print money, and the real wages of the existing wage earners who actually produce value for the good of society by working are eroded and redistributed to those who don't wish to work.
If it keeps up, soon we'll all be poor, nobody will earn a living wage, but at least it will be equitable!
Don't forget that printing money for stimulus checks is borrowing at greatest expense to the lowest wage earners in order to pay those who choose not to work at all
It's not some revealed flaw in capitalism that given short term wages that are the same for working and for doing nothing, that people choose the latter.