Trump Faces Huge Problem Getting People Back To Work – They Earn More Free Cash Staying At Home

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When President Trump signed into law a Coronavirus relief package on March 27, 2020, called the Federal Pandemic Emergency Unemployment Compensation (PEUC) program, offered through the federal CARES Act, theUS$2.2 trillionstimulus package was the largest in the history of the United States.The law surpassed Obama’s US$800 billion package following the 2008 financial crisis.
Besides loans and other assistance for major companies that were struggling with the virus-related financial difficulties, it also offers US$1,200 cash to middle and low income American adults, plus US$500 for each child.More importantly, the program included unemployment cash ofUS$600 – every week–to Americans, on top of existing state benefits.
The mouth-watering US$600-per-week (or US$2,400 monthly) cash will last until the end of July.It was sooverwhelmingthat some websites crashed as too many applicants …