My argument is that this effect is small, diluted, and doesn't admit a strong positive feedback loop. Whereas the effect of sudden unemployment with no social safety net or training can trigger a strong negative feedback loop. You have the potential for strongly negative outcomes concentrated on a small number of people.

Now the question becomes, "is that a bad thing?" My answer is yes, because the forces that produce the negative feedback compound with each other. It becomes a "negative welfare contagion". It also is fundamentally unjust.