Is it time to cut unemployment benefits?

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Josh Barro talks with the LRC panel about Republican-led states cutting back on jobless benefits in hopes to stimulate the workforce. Photo by Shutterstock.

Inflation is back! It may not be here to stay — there’s a lot of weirdness in the economy right now — but with wages rising quickly despite surprisingly weak job growth in April, some states are moving to cut off unenhanced unemployment benefits in an effort to drive more Americans back into work. Is that a good idea? Will it work? And will it push back on inflation? Josh Barro talks with panelists Tim Carney and Elizabeth Bruenig about that, and the Colonial Pipeline ransomware attack that disrupted gasoline delivery in the Eastern U.S. Why do these ransom attacks happen, and how can we protect ourselves against the next one? Finally: the panel discusses an unexpectedly controversial Mother’s Day essay Liz Bruenig wrote about becoming a mother at 25.

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Producer:

Sara Fay