Biden S Bailout Package Would Make Him Job Killer In Chief Opinion
There are at least five parts of the bill that raise major concerns about reducing job growth. The first is a minimum wage increase that will raise the cost of hiring, and thus reduce demand for workers. Economists disagree on the size of the impact—partly because employers may reduce non-wage compensation in response—but no one believes it helps job growth. Second, extending the generous unemployment insurance add-on of $400 a week would be highly damaging to job growth....