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The extra pandemic-era unemployment benefits largely don’t keep workers from accepting new jobs, according to a new paper by the Federal Reserve Bank of San Francisco.
Dealt with will have a huge effect on the -- whether there are future caravans. because there has always been an argument over an incentive effect. if you allow people to come to the united states illegally, then you allow them to go into the united states while they are supposedly waiting for some sort of ajudd indication on their asylum claim and you encourage more people to come. how this is handled will have a big effect on how many more are on the way. >> bill: good to see you, birmingham, today. >> sandra: the president will be back on the campaign trail heading to mississippi ahead of t...
Obamacare works is they give you a subsidy for an insurance plan. as you make more money, they take away more and more of the subsidy. this creates effectively a tax with people on low and moderate incomes. as they earn more money, they lose part of the subsidy. it adds on 5%, 10%, 15% to their tax rate. some people will work less. that's not a desirable economic effect. tweak the program to have less of that effect. any kinds of means tested entitlement plan -- >> any means testing in entitlement program, in a welfare program will have this incentive effect at the margins. it's a reason peopl...
The economy. on the other hand, part of this effect is because the way obamacare works is they give you a subsidy for an insurance plan. as you make more money, they take away more and more of the subsidy. this creates effectively a tax with people on low and moderate incomes. as they earn more money, they lose part of the subsidy. it adds on 5%, 10%, 15% to their tax rate. some people will work less. that's not a desirable economic effect. tweak the program to have less of that effect. any kinds of means tested entitlement plan -- >> any means testing in entitlement program, in a welfare prog...
Obamacare works is they give you a subsidy for an insurance plan. as you make more money, they take away more and more of the subsidy. this creates effectively a tax with people on low and moderate incomes. as they earn more money, they lose part of the subsidy. it adds on 5%, 10%, 15% to their tax rate. some people will work less. that's not a desirable economic effe effect. tweak the program to have less of that effect. any kinds of means tested entitlement plan -- >> any means testing in spitelement program, in a welfare program will have this incentive effect at the margins. it's a reason ...