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4. Post-Pandemic Lessons and Policy Interventions Nicholas Eberstadt Book: Men Without Work (Post-Pandemic Edition)
Eberstadt addresses the post-pandemic landscape, noting the problem has worsened and shows warning signs of spreading to prime-age women and older cohorts. The China shock (China entering the WTO) previously disrupted US manufacturing. Pandemic-era government transfers were unique in that US disposable income rose, generating over $2.5 trillion in excess savings that facilitated a "delayed return to work." Policy solutions include adopting a "work first" principle for social welfare programs and improving vocational skills training to reduce disincentives. Eberstadt stresses the need to gather statistics on the vast ex-felon population (one in seven adult men has a felony conviction) to enable evidence-based policies for societal reentry. Gaming the disability system often involves claims that are difficult to falsify, such as psychological or musculoskeletal pain.
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