A major problem small businesses are facing right now is finding people who want to work. Take for example what’s happening in New York City. The restaurant industry which was already decimated by the coronavirus lockdowns, now can’t find people to help them operate their business.
"The Staffing Shortage Is Real" – Manhattan Restaurants Struggle To Hire As Millions Paid Not To Work https://t.co/FtXIJscJqN
— zerohedge (@zerohedge) May 1, 2021
What’s happening is that people are making more by doing nothing and collecting money from the government instead of working. This is forcing small businesses to cut their hours or even go out of business entirely. This is happening in many parts of the country.
This is what happens when you extend unemployment benefits for too long and add a $1400 stimulus payment to it. Right when employers need workers to fully open back up, few can be found. pic.twitter.com/DlrQp8Vzw1
— David Rouzer (@RepDavidRouzer) April 30, 2021
There are no employees available in California. We are paying dishwashers $21 to start. The two main reasons people tell me they won't work: 1. They are making enough on unemployment and would rather not work; 2. With schools closed, they can't pay someone to watch their children
— Chef Andrew Gruel (@ChefGruel) April 29, 2021
The staffing problems are so bad that a McDonald’s in Florida actually offered people $50 just to show up for an interview.
Florida McDonald's Pays $50 Just to Show up for a Job Interview https://t.co/R3dLChwOo9 #Newsmax via @Newsmax
— Logan Ratick (@Logan_Ratick) April 26, 2021
This is a totally unsustainable situation that is designed to create a class of people dependent upon government for survival. All the money that’s being created out of nothing to pay people not to work has the added impact of devaluing the existing money in circulation. This is causing the price of everything to go up.
If somebody can explain to me how there is a way out of this, I’d love to hear it. Because at this point, I don’t see how this won’t result in anything other than a total economic collapse.