I know, people will get sick and die. I'm sorry. But on balance, are we sure that we wouldn't be better off, over all, just letting this thing run its course naturally? We are about to spend another trillion dollars , which I support, and then hit up to 25% unemployment, while infected people from s/hole countries are sneaking across the border anyway, with the support of the ACLU and many of our federal courts, joining the underground workforce, and cooking our restaurant meals. Millenials are already pushing back against social distancing. Mexico is partying like it's 1929. We can't shoot illegal border crossers ... we can't even detect them all.
We will need about $4 Trillion to do it right. At this time, I don't think that adopting Social (and Physical) Darwinism is the Correct Response.
At a certain point we have to weigh the risks for everyone. If we stay home to the point we totally crash the economy/value of money will that cause mass chaos? Will that lead to more or less deaths than the corona virus itself? Wouldn't a happy medium be pay the at risk people to quartine and everyone else continue on as normal?
curious, where do the dollars go that people had intended to spend on vacation, travel, dining, club . etc? I only spent about $225-250 on food stash but I've saved at least $1500 with cancellation of travel plans for March, April, so far I'm ahead in spending dollars, of course way behind on investments but I expect those to rebound over time.
Nearly 80 percent of American workers (78 percent) say they're living paycheck to paycheck, according to a 2017 report by employment website CareerBuilder. Women are particularly vulnerable: 81 percent of them report living paycheck to paycheck, compared with 75 percent of men https://www.cnbc.com/2019/01/09/shu...n-5-us-workers-live-paycheck-to-paycheck.html
As much as I'd like a couple thousand dollars, I think that money would be better spent beefing up unemployment. I like the sick leave thing (I think) but not sure how it works. My take - help those impacted by the virus and forget about the economy until we start to come out the other side of that problem.
well, then far too many of those 80% drive nicer cars than I do. but that doesn't address my question, where does all that spending get parked, it has to land somewhere.
LOL, Yeah they probably do, but when they lose their job they will need that $1500 vacation money to pay the rent and car payment. Make no mistake.. This is a disaster.
not arguing that point. we all have to deal with the impact on some level. but if we all curtail spending on x, it either gets saved or spent on y. it's the same money, just shuffled away from (x) hotels, airlines, cruise ships, rental cars, bars and into Y. what's Y? the Krogers of the world havent suffered, nor has Amazon but they are only getting a %.
At this time? At what time, then? I'm not saying you're wrong, but what if we spend (borrow, really) all that money and people get sick of bumping elbows instead of shaking hands and staying home all the time? Without income or due to boredom, they'll eventually go full Road Warrior, and then we'll have a real mess. This isn't the black death. Even if we are all exposed, most of us will not get sick, and most of those who do will recover. Those who don't are approaching the limits of their life expectancy anyway. It's just an unpleasant fact of life.
From an earlier post; As much as I'd like a couple thousand dollars, I think that money would be better spent beefing up unemployment. I like the sick leave thing (I think) but not sure how it works. My take - help those impacted by the virus and forget about the economy until we start to come out the other side of that problem.
Those impacted? We are all already impacted to some extent. Are you referring to people actually suffering with the virus? Most of those can self quarantine and will get well in a few weeks. They don't all need hospitalization, and it's selfish to seek it. It's like everyone has forgotten about cancer and heart disease.
New York and other states have been begging for federal help in creating hospital and isolation capacity, equipment, doctors, etc. from Corps of Engineers and our military - who say they are prepared but have been given no mission. Trump has slow walked this.
