Tennessee’s common sense is driving an economic comeback
For months following the onset of the COVID-19 pandemic, the federal government incentivized unemployment and dependency with excessive unemployment bonuses. This left many out-of-work Americans with no financial reason to return to their jobs or find a new one.
As a result, millions of Americans opted not to work, simply because it was more lucrative to stay home. States paid the price for disincentivizing work when their unemployment expenditures skyrocketed, workforce participation tanked and economies became sluggish.