I'm not really rooting for anyone here. I asked last year where are all these people getting incomes from after they quit their jobs? Extra fed govt payouts, suspended student loan payments, and enhanced unemployment benefits due to Covid were introduced to the labor market. So there was a lot of supplemental income not previously available to assist all these people in quitting their jobs.
Would they have been so willing to quit their jobs without that extra govt money, suspended student loan payments, and enhanced unemployment benefit? I don't think it's a coincidence that people started quitting their jobs at pretty much the same time. Some of it is related to new found opportunity after Covid I'm sure. People quit and found an opportunity to work from home or do something independently instead.
But for the millions that didn't get a work from home job or start their own income stream, where did they get money from to pay bills, buy food, pay rent/mortgage ect if they weren't working for the past year or so.
Did it all happen because workers said enough is enough! Or was it because the fed govt made themselves a competitor for employers by offering abnormal govt benefits to employees choosing to stay home?