May 10, 2021

Sam Zell on welfare incentives not to work

We've created a welfare society that is really discouraging people [from working].  When you can make as much or more by collecting unemployment insurance, and supplemental this and supplemental that, that's pretty dangerous stuff.  Clearly, we're having trouble getting everybody back into the workforce because the alternative is so attractive.

~ Sam Zell, "Sam Zell Buys Gold With Inflation ‘Reminiscent of the ‘70s’," Bloomberg interview, 2:25 mark, May 4, 2021



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