- Moderator
- #321
compensation for capitalism's natural rate of unemployment is what we are discussing.employment is at the will of either party. simply requiring a work ethic lowers demand and depresses wages.why should it run out if employment is the will of the parties involved; not your misguided moral will.It should run out because the burden for paying for unemployment compensation comes from additional payroll taxes. If it is not just a temporary thing, let it be paid for by the entire population.
Also, it should run out because the program is not structured for people to stay on it forever. The means testing should be done when it is not just a stop-gap, temporary thing.
Because if you decide to stay unemployed, you no longer get unemployment compensation. Just like if you voluntarily quit your job you don't get unemployment compensation.
Yes, it is at the will of either party. And if you choose to walk away from a job, you also walk away from the paycheck. If your employer chooses to get rid of you, they get rid of your labor too.
Also, voluntarily quitting a job is not part of the natural rate of unemployment.