Montana Is First State To Cancel Unemployment Benefits In Response To Unprecedented Worker Shortage Published: May 6, 2021 Three weeks ago, when looking at the unprecedented labor shortage that is crippling the US economy (even with some 100 million Americans not in the labor force)... ...we said that there is a simple reason for this paradoxical phenomenon: trillions in Biden stimulus are now incentivizing potential workers not to seek gainful employment, but to sit back and collect the next stimmy check for doing absolutely nothing in what is becoming the world's greatest "under the radar" experiment in Universal Basic Income.
Consider the following striking anecdotes from Bloomberg: