I do agree that more people might be hurt by a crumbling economy than the virus. But I don’t believe Mr Disinfectant has the brains to know how.
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"Unless we decide to pay people monthly until the crisis is over and we have a functioning vaccine, like Bernie suggested,"And where is that money supposed to come from? Do you just want to endlessly print it?
@FakeName123 Leftists do not understand basic monetary theory.
@FakeName123 This isn't an "endless" situation, so that's an irrelevant exaggeration. but that's also not how the economy works. If we have to print more money, that's fine, but we don't currently need to do that. The Federal Reserve is there for a reason. (If you don't know what this is, then look it up. It's our central bank) We buy bonds and securities and incur debt, especially during times of crisis. Economists are mostly in agreement on this being the best option right now. There is no ideal scenario here. It's also not a super smart idea to have years of job growth go poofy and you not take care of your citizens during a pandemic. Think about it. If we have to take on debt, we do it. It's the only rational thing to do. Conservatives have been openly saying risking peoples lives and having higher death rates is fine, for the sake of the economy. So we can see the idea of what is rational is a bit different across the aisle. Whether or not the money there is not the issue. This is about politics, and what certain groups want to do and what others don't. Are you paying attention to how other governments are responding to the crisis? They're paying their citizens because they have sense. Our leadership doesn't, so not only are jobs shutting down and entire sectors (public transit, for example) asking for bail outs, but citizens are being left out to fend for themselves. It's unethical and illogical really.
If you haven't been paying attention to what's happening in the world, let me share with you how governments are supposed to be reacting: www.theatlantic.com/.../www.theguardian.com/.../government-pay-wages-jobs-coronavirus-rishi-sunaknationalpost.com/.../government-wins-unanimous-consent-to-quickly-pass-legislation-for-covid-19-helpThe list goes on. Many developed countries offer significantly more monthly support for unemployed workers specifically. But we do have a better bill to provide help for a period of time. Republicans will likely fight it tooth and nail though. Good luck to our country, thats all I can say. www.forbes.com/.../#3866d465285e
Not all situations are identical, and different countries have different needs, but the bill being pushed in the last link echoes what other developed countries have already done. We are the richest nation on earth and our citizens believe we are struggling for cash. It's the biggest joke, honestly.
*one of the richest nations.
@Liam_Hayden Yeah, sure, kiddo... lmao
"Not needed to print money"Like this? www.theguardian.com/.../coronavirus-data-shows-biggest-hit-to-business-activity-since-records-beganOr this? www.nytimes.com/.../...extraordinary-response.htmlOr this? www.nytimes.com/.../...navirus-stimulus-money.htmlOr maybe the european equivalent?edition.cnn.com/.../index.htmlwww.reuters.com/.../ecb-primes-money-printing-gun-to-combat-coronavirus-idUSKBN21D0J4You know what printing money does? Devalue aka inflate the worth of the currency. You can't just endlessly print money or else you go back to the Weimar Republic (I recommend this read: www.amazon.de/.../1910400300 )And about the link with the Denmark "idea" it says: "That is roughly the equivalent of a $2.5 trillion stimulus in the United States spread out over just 13 weeks. Like I said: very, very big."Annual tax-revenue of the USA? 3,18 trillion (probably a few billions more since this was from 2015) See here: edition.cnn.com/.../index.htmlSo essentially you want to spend a stimulus of 75% of the entire nations annual tax revenue for 13 weeks in hopes that afterwards the virus is done for and that's it? Are you mental?
Last link for annual tax revenue is wrong. This one is it: www.nationalpriorities.org/.../
@FakeName123 Again, no one is in a situation where we need to "endlessly print money" nor is it the only solution on its own. Hyperbole and fearmongering aren't going to help anything. This is a crisis, not your ideal economic situation. There's literally no good, ideal ending to any of this. Hopefully the latest bill calling for more stimulus gets passed and we muster a modicum of common sense. Without fiscal stimulus intervention (and maybe even with it, honestly) we are headed toward another recession. Even some forms of aid for small businesses have already run out. The virus is mutating apparently, which is threatening current vaccine efforts and we aren't anywhere close to the end of this. Scientists think this is going to come in waves until we get a vaccine. So if scientists advise continued social distancing and the virus has started to mutate in other countries, while a huge chunk of jobs have shut down because of social distancing and many of those jobs may not be able to come back soon in the event of voluntary social distancing, what on earth do you think the solution is other than to provide more money for those who need it and will likely continue needing it for a while? Are you mental? We're talking about years of job growth gone within the span of a few weeks. Even if the government lifts mandates, this shit is not going to spring back into place over night.
Welp, so much for that. They passed support for small businesses in the senate but not the individual stimulus payments. Again, conservatives block us from having the same safety nets that other developed nations enjoy. It's ridiculous. Truly wish we could just divide into two nations and call it a day sometimes.www.forbes.com/.../#243cd5437253
"while a huge chunk of jobs have shut down because of social distancing and many of those jobs may not be able to come back soon in the event of voluntary social distancing, what on earth do you think the solution is other than to provide more money for those who need it and will likely continue needing it for a while?"That's the entire point of talking about opening up the economy as quickly as possible. Because the damage and risk of a major recession (not like 2008, but a legit major one) might form a higher risk than the virus and this is something that needs to be weighted in.Plus you can't just endlessly keep giving out aids - which I keep telling you. For the stimulus right now the FED needs to print money already - so every further aid will result in more money being printed. So it's in the best interest to anyone to find a way to open up the economy as quickly as possible.
@Liam_Hayden Unlike Rightists like Trump who went bankrupt operating not one, but three casinos, Trump Hotels and Resorts, his main business went bankrupt, after a single hotel went bankrupt, the whole business went bankrupt, Trump Entertainment Resorts went bankrupt. Not just that, but Righty Mitch McConnell told states if they were having financial difficulty to declare bankruptcy. Meanwhile the "leftists" have expressed concern Trump has been putting the US $1 trillion in debt for each of his first three years he's been president, lowering taxes and increasing spending when the economy is good, just when you want to pay down debt. You say leftists don't understand basic monetary theory when that's going on. Really.
Not listening to him is the best thing for people’s health. I can’t stand to hear his voice anymore.
Exactly. Now he states he wasn't serious about saying that. What a joke!
Here's what Trump was doing about coronavirus while Democrats, liberals and their media were obsessing about impeachment:December 31: China reports the discovery of the coronavirus to the World Health Organization.January 6: The Centers for Disease Control and Prevention (CDC) issued a travel notice for Wuhan, China due to the spreading coronavirus.January 7: The CDC established a coronavirus incident management system to better share and respond to information about the virus.January 11: The CDC issued a Level I travel health notice for Wuhan, China.January 17: The CDC began implementing public health entry screening at the 3 U. S. airports that received the most travelers from Wuhan – San Francisco, New York JFK, and Los Angeles.January 20: Dr. Fauci announces the National Institutes of Health is already working on the development of a vaccine for the coronavirus.January 21: The CDC activated its emergency operations center to provide ongoing support to the coronavirus response.January 23: The CDC sought a “special emergency authorization” from the FDA to allow states to use its newly developed coronavirus test.January 27: The CDC issued a level III travel health notice urging Americans to avoid all nonessential travel to China due to the coronavirus.January 29: The White House announced the formation of the Coronavirus Task Force to help monitor and contain the spread of the virus and provide updates to the President.The ONLY thing you heard out of the Democrats at that time was impeachment. Now they are blaming the president. Where were they? Trying to impeach a president and calling travel bans (that probably saved many lives) racist.
January 31: The Trump Administration:Declared the coronavirus a public health emergency.Announced Chinese travel restrictions.Suspended entry into the United States for foreign nationals who pose a risk of transmitting the coronavirus.January 31: The Department of Homeland Security took critical steps to funnel all flights from China into just 7 domestic U. S. airports.February 3: The CDC had a team ready to travel to China to obtain critical information on the novel coronavirus, but were in the U. S. awaiting permission to enter by the Chinese government.February 4: President Trump vowed in his State of the Union Address to “take all necessary steps” to protect Americans from the coronavirus.
Yeah, he knows economics. He's been bankrupt in a lot of different industries.
What is the president doing now is the problem. This isn't a Democratic/Republican issue. It's an issue that he doesn't know what to do or how to act. All why saying he isn't responsible while says one thing and does the opposite.@coffeewithcream quite a lot of businesses have declared bankruptcy. Still, he has made his fortune known and is richer than any of us. He likes money and fame. He loves to show it off too. I'm not a fan of trump. I thought he was and is a complete moron at a lot of things. Though he does have a strong sense in how to make money. Usually not the right way but he does it. That seems very important to the Republican party. Which I find hilarious.
@4eyes2mouths It definitely is a Democratic/Republican issue, Ultimately, a law can only be passed if both the Senate and the House of Representatives introduce, debate, and vote on similar pieces of legislation.And other important operations take place with Democrats and Republicans. The fact that you ignore that is pretty clear.
@4eyes2mouths he doesn’t know how to act or what to do? Then why did I just send you a documented day by day process of what he has done? While the Democrats have been bitching and whining and also were trying to halt the stimulus package program when it was in its first stages?
Do you know why the stimulus was stopped to begin with?
A lot of holes in where the money was going. Also it didn't need to be sited until at least 6 months have passed. The rewritten version had everything laid out clear as day. Transparency shouldn't be an issue unless you're corrupt.
We can argue about this all day but I'd rather do nothing than to continue. You're welcome to think whatever you want. I really don't care lol
Yes but actually no, they were pushing for climate change Operations for Paris Climate Agreement Renew Contract that Obama put us in, the first place. The Democrats were pushing for it to be passed, halting the stimulus package for 6 days before discussion.
You’re correct we could go all day, I really don’t care for your egoistical hatred towards one man anyway.
This mentality is going to cause the suicide rate to skyrocket
@babyshrimp I can't make anyone commit suicide besides myself and I'm not suicidal... so...
Did you go back to work already or was your job axed?
I'm a therapist, so my office shit down. We're supposed to be doing telephonic/Skype like sessions, but I hate that. Me and some co-workers are thinking about renting a slave and opening our own.
Renting an office... Ha ha. Slave... 😆
You are at work because you need to be there.Loosening the restrictions too quickly could and will have devastating affects on essential workers. It's not about me, it's not about you it's about all of us. Stay well mate. Kind regards pharmacy assistant
i've also never contracted the flu due to a hyperactive immune system
There is no evidence of squires immunityAdditionally, people who were healthy contracted covid seemed to recovered.. fell ill and died weeks later
I question whether people who would die from it are healthy. A young person in my town who was diagnosed only had mild symptoms. A lot of people suffer from poor health because of bad nutrition and toxins. This is the natural result. People can only blame themselves. It's not fair for healthy people to be in quarantine because of a bunch of weak people.