discussion week 5 The Wages of Unemployment”. The author, Dr. Richard Vedder,

discussion Description Please read the article that I posted in week 5 folder titled “The Wages of Unemployment”. The author, Dr. Richard Vedder, indicated that in recent decades there was a steady rise in the employment-to-population ratio. However he also indicated that in the years since 2000 and until the date of the article, more than two-thirds of that increase in working-age population employed had been erased. Dr. Vedder stated as follows “while there are a number of factors, the phenomenon is due mainly to a variety of public policies that have reduced the incentives to be employed”. Dr. Vedder identifies 4 policies: (1) Food stamps, (2) Social Security disability payments, (3) Pell grants, (4) Extended unemployment benefits. He discussed each individually and provided his point of view. Please choose one of the above policies, discuss it and indicate whether you agree or disagree with Dr. Vedder’s opinion. Please note that much has been published since Dr. Vedder's articled first appeared and the employment situation, up to the global outbreak of the Covid-19 pandemic had improved. However, due to Covid-19, the number of unemployed and on temporary layoff has increased dramatically. As we progress into a difficult recovery, the ideas and opinions that were then presented by Dr. Vedder may resurface. I would like to know that, if so happens, you will have the ability to formulate and defend your opinion. Feel free to write your post not only looking into the past and the previous economic downturns, but also with a significant look into what is happening these days and the mitigating role of social welfare. Remember, I do not grade your opinion but your ability to substantiate and defend it.