Larry Kudlow Vows End To $600 Unemployment Aid As Disincentive To Work
President Donald Trump’s economic adviser Larry Kudlow on Sunday vowed an end to an extra $600 a week in unemployment payments for the jobless, calling it a “disincentive to work” — assuming there is work.
Kudlow’s dismissive attitude about the payments amid massive unemployment amid the COVID-19 pandemic was a dramatic contrast to his defense of the Payment Protection Plan for businesses, which can use the forgivable public loans to pay exorbitant executive salaries.
He insisted to Jake Tapper on CNN’s “State of the Union” that the extra unemployment aid “might have worked for the first couple of months,” but “it’ll end in late July.”
Kudlow insisted that “almost all businesses … understand” that the $600 additional benefit is “a disincentive” to …continued .
[Source: Huffington Post]