state unemployment insurance funds are vulnerable to the same moral hazard as banks; there's no incentive to act conservatively and build reserves in bull markets https://www.nbcnews.com/business/economy/nearly-half-states-do-not-have-enough-funds-pay-all-n1175246 …pic.twitter.com/iBJC4sSBb2
8:18 PM - 4 Apr 2020
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