Dr. Phil McGraw
π€ SpeakerAppearances Over Time
Podcast Appearances
Well, you paid people more money not to work than to work.
They gave them unemployment plus a bonus, and then a bonus on top of the bonus, plus they didn't have the money for the commute, and gas was $7 a gallon in California.
And so they thought, well, I don't have to spend $200 a week on gas, and I can sit here.
Well, that's what happened to the supply chain.
And the problem in America, and I talk about it in a section in the book, is not income inequality, but income equality.
If you look at the bottom 20% and compare them to the middle 20% of the distribution, the difference, the bottom 20%, only 5% work full-time.
The middle 20%, 95% work full time, and the difference in their incomes is single digit thousands because of all the entitlement programs for the bottom 5%.
Food stamps, unemployment, rent subsidies.
There are 100 programs, and when you get all of that money
that they get for free, the difference between them and these that work 95% of the time is single digit thousands.
It undermines a meritocracy.
And the point is, if you're working in that middle 20% and you work hard, then you might wind up in the next 20%.
Now, all of a sudden, there's a bigger difference.
And that's why we've got all of these quiet quitters and lazy girl jobs and all that stuff out there that's really taken off on the Internet.