That’s about it. Why would anyone work for $20k/yr when they could get $12k for free? They wouldn’t. So those jobs would bump to $30k+, and a domino affect would occur. Nothing would be achieved other than the devaluing of the American dollar, which would lead to a loss of jobs, increased poverty, and guess what else - increased homelessness.

Germany made this bed with Russia intentionally. Now they have to sleep in it. Trump dunked on them at the time for it: https://youtu.be/9LLZBVTid4I?si=VSB156ePNHI61R8c

Save the people from themselves. They are too ignorant to have control of their bodies.