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03-18-2020, 11:40 PM | #6676 | |
THE RED MENACE
Join Date: Aug 2000
Location: Texas
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03-18-2020, 11:41 PM | #6677 |
Has a particular set of skills
Join Date: Dec 2003
Location: On the water
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03-18-2020, 11:42 PM | #6678 |
Banned
Join Date: Jan 2013
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03-18-2020, 11:43 PM | #6679 | |
In Search of a Life
Join Date: Dec 2001
Location: Confusion, USA
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A lot of what I was advocating for. If you're going to shut down the economy for a reason like this you need to simply freeze things while providing money for food/medicine/essentials. I'm a big believer in capitalism, but this is going to punch everyone's lights out. Tons of questions about how you restart the economy after this (the politicians are going to do everything in their power - on both sides - to screw it up because that's what they do) but you have to stop collections at all levels until this is over. |
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03-18-2020, 11:47 PM | #6680 |
future chiefs fans
Join Date: Jan 2004
Location: oakland california
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03-18-2020, 11:48 PM | #6681 |
THE RED MENACE
Join Date: Aug 2000
Location: Texas
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03-18-2020, 11:50 PM | #6682 |
In Search of a Life
Join Date: Dec 2001
Location: Confusion, USA
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On closer read they should really not being trying to administer through government agencies some of these provisions. And to be clear I'm not a big fan of this but if you're going to turn off the economy you need something like this in place for people to make it over the next 5-18 months. There's a ton of detail missing -- will be interesting to see this get batted around.
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03-18-2020, 11:54 PM | #6683 | |
Best Body On ChiefsPlanet
Join Date: Jan 2014
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Overall, what they doing appears to be working. |
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Posts: 5,934
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03-18-2020, 11:56 PM | #6684 |
THE RED MENACE
Join Date: Aug 2000
Location: Texas
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Posts: 32,387
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03-19-2020, 12:04 AM | #6685 |
future chiefs fans
Join Date: Jan 2004
Location: oakland california
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Posts: 23,762
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03-19-2020, 12:06 AM | #6686 |
Sauntering Vaguely Downwards
Join Date: Sep 2005
Location: Columbia, Mo
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Can I speak to the effect rather than my opinion on it?
In many ways, it's self-fulfilling. Businesses that might have tried to make a go of it to give them a running start when the economy kicks back up will really have no choice but to close up shop. With their employees all eligible for significant support from the government and with the ability to forego any/all payments on outstanding obligations, they'll have no problem laying them off. I'll be honest, in many ways that would be easier for us. But it would make getting this economy back off the ground in any sort of timely matter incredibly difficult. You're talking about a true halt to the private economy and an almost completely government funded country for an extended period of time. ESPECIALLY if they define 'pandemic' via the WHO, who will continue to monitor the global spread rather than simply its impact on the United States. That label could stick for a year or longer. I mean...that thing is truly a kill switch for the economy. |
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03-19-2020, 12:16 AM | #6687 | |
In Search of a Life
Join Date: Dec 2001
Location: Confusion, USA
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Killswitch is the right word for it. But if you open this box up you either go all the way or you don’t accomplish much for the dollars you’re throwing at it. The fear is once you open this box there is no way you go back to the old system. |
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03-19-2020, 12:21 AM | #6688 | |
Sauntering Vaguely Downwards
Join Date: Sep 2005
Location: Columbia, Mo
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And you've devalued the dollar significantly in the process. Side effects may not justify the cure on this one. This is an EXTREME measure and if that's the direction they go, they had better have some really good ****ing science that says "we do this or several million people WILL die..." Not might die, but will. This isn't the thing you do to pre-emptively address a calamity, it's something you do to avoid an imminent one. This will fundamentally alter this nation and perhaps permanently. If there's a way to do ANYTHING other than this, then you cannot do this. I'm truly floored by the transformation of our economy proposed in that legislation. |
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Posts: 60,938
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03-19-2020, 12:45 AM | #6689 |
The Constitutional Choo choo
Join Date: Dec 2009
Location: homeof43conferencetitles
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Back to the Gold standard?
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03-19-2020, 01:13 AM | #6690 | |
Best Body On ChiefsPlanet
Join Date: Jan 2014
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However, I don't think millions have to die in order for USA to do something drastic. You fail to mention how if this virus continues to spread even if millions don't die the stress it will put on our healthcare system would be horrible. We barely have enough doctors and nurses as it is if our hospitals continue to get filled up because of sick patients it could be a disaster. Not to mention doctors and nurses will probably get sick from the CoronaVirus as well. Last edited by PAChiefsGuy; 03-19-2020 at 01:30 AM.. |
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