TODAY'S JOLT IS SPONSORED BY | | | This is Dominic Pino, filling in for Jim Geraghty. On the menu today: lots of fraud. The Covid pandemic resulted in the creation of new unemployment benefits with eligibility requirements that were not enforced. Now, law enforcement is trying to clean up lawmakers' mess — still, and could keep doing so for years to come. A Multi-Trillion-Dollar Game of 52-Card Pickup When you were little, if you were ever around an older sibling or cousin with a deck of cards, you were probably asked at some point to play a game called "52-card pickup." Of course, there is no such game: Your older sibling or cousin proceeded to scatter the 52 cards in the deck on the floor and told you to pick them up. This is sort of like what Congress did to law enforcement with Covid-relief programs. It disbursed about $5 trillion in the economy with little to no safeguards against fraud. Now, law enforcement has to try to sort through all that money and charge criminals who took advantage of it. And unlike 52-card pickup, which takes at most a few minutes and costs little more than your pride, this process will take years and never be completed. There is simply ... | |
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