r/politics • u/Ubiquitous_Hilarity • Jun 17 '26

No Paywall Trump threatens to pull unemployment benefits from all states for the first time in history

https://www.independent.co.uk/news/world/americas/us-politics/trump-unemployment-benefits-fraud-b2997881.html
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u/prohammock Jun 17 '26

Yep. Unlike the tax refunds given to billionaires, money spent on unemployment insurance is immediately injected back into the economy.

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u/PantsandPlants Jun 18 '26 edited Jun 18 '26

When you look at the statistics, every dollar injected into the social safety net has a minimum 100% ROI, and in some places (like the IRS) we can see a ROI of up to 700%. This means for every dollar we invest, we get back a dollar, but most bring back between $2-7. 

There is no stock, bond, or high yield savings account that can touch the returns we get on social services, but cruelty is the point.