[Music]
welcome back everybody
free money just to go to an interview
companies are having such a hard time
finding good employees that one
mcdonald's franchise in florida
is offering people 50 bucks just to show
up for a job interview let's bring in
economist
steve moore wow that's pretty amazing
usually people would go lining up for
the job but now they're paying people
steve
to come into these interviews because
number one business is booming but
number two
people basically want to take advantage
of the unemployment benefits that joe
biden is giving them and they don't want
to go back to work just yet
yeah it's a big problem angela around
the country and what you're seeing at
mcdonald's i think you're going to see a
lot more of that of enticing people
to come back i wonder if you could get
that fifty dollars from mcdonald's and
big macs or whatever
but you know this is a this is a serious
problem though i predict
uh as we get into the late uh spring and
summer months
we're going to see help wanted signs all
over the country because remember
all of those extra benefits that biden
lopped on
in terms of unemployment benefits rental
assistance more medicaid
you know the three thousand dollar
payments all of this stuff is paying
people
a lot more money oftentimes than they
would get for going back to work
and those benefits last until i believe
october so for the next four months it's
gonna be tough sledding
you know where i live uh there's a sign
by one of the restaurants a popular
restaurant by
where i live and it says salary we're
close we can't get our workers back
yeah yeah it's a problem and it's really
interesting because you look at what's
happening in europe and in some cases
you're seeing
people going back to work as things get
better and you would think well
wow that's a logical way to do it why
aren't we doing it that way it almost
feels like
you've got a segment of the population
taking advantage of the benefits that
are out there basically saying we want
to have a fun summer
and we'll think about going back to work
in the fall but it sort of makes you
think about america
and our competitive edge and what's
happening here
and you know what else it you're exactly
right and the other point i would add is
you know
this is really unfair to it's unfair to
the people who are working oh yeah
no you don't have to tell me yeah i mean
people who really you know been and
those are the heroes of the economy for
the last year the people continue to
work a lot of them are immigrants by the
way
i you know everywhere i go i see the
service workers are immigrants they are
a great benefit
to our economy but it's just not fair
that those people come back from working
40 or 50 hours a week
and the guy next door is on the couch
watching netflix
yeah all right let's switch gears for a
moment because there are people that are
saying no
to wokeness if you can believe it
california software firm base camp
is banning political discussions on
company time adding that it's
not its business what its employees do
outside of work steve and that's a
little refreshing to hear especially out
of silicon valley when you have
companies like amazon and google that
really have made political statements
you've got some companies saying you
know we're not going to do that
well i do think that these companies
would be wise to sort of keep
politics out of their offices on the
other hand
you know it was fun to go to the water
cooler and be able to in an amicable way
maybe talk about politics but these days
you sort of can't do that people are so
ground in
on their positions and of course you're
right with respect to a lot of these
silicon valley
companies they are so far to the left in
terms of their
doctrine that oftentimes conservatives
feel like they are
uh you know an endangered species so
probably keeping politics
out of the uh out of the boardrooms and
out of the
uh out of the offices probably makes
sense in these days and i don't say that
with any joy
it's just that it's become too much and
people feel like they can't even speak
their mind anymore
yeah and i want to take a look at this
alphabet and microsoft
reporting their earnings after hours and
what we know is that both tech giants
pulled in quarterly profits um
substantial ones
so the question is if you know this is a
good sign for the economy we know the
nasdaq's been booming stock markets on
fire
alphabet is trading higher microsoft
reported good numbers just not quite
where the analysts wanted to see them so
it's trading a little bit lower but
overall tech has just been
driving this rally well there's no
question about it and by the way i don't
like the politics of these tech
companies but i love the products they
produce
and it is true without amazon and google
and many of these technology companies
we really relied on technology you know
i wouldn't be doing this show with you
right now
if it weren't for these modern
technologies that have really let us
continue to be productive without you
know
exposing ourselves to the virus and so
that's been a good thing
but my goodness i mean you look at the
the donations of these companies and
their
their policy positions and they are
pretty left and i think that's bad for
business in the long run because they
they risk alienating half of their
customers yeah that's one piece of it
and you talk about all the positive
effects i can't argue with that but we
definitely could do a segment on
the dark side of technology too and
that's another conversation but steve
it's always great to see you thank you
you too have a great week okay