There are plenty of people on our sister sites who wouldn't blink at calling Israel a Nazi apartheid state, so the pretzel logic of labelling you a Nazi really isn't that hard for a lot of them.
China Wuhan Virus Pandemic
- Thread starter Arch Dornan
- Start date
Y'know, watching the video, I noticed something. These bureacrats always demand that you behave respectfully to them, even when they have done things that'd remove said respect. They are so full of themselves, they hate being called out.
If you went up to one and called them a moron whose actions kills the city/state/nation, they'd probably need a moment to progress they have been called out. They are like NPCs, particulary laggy ones.
Grav
A confused leftist
Probs, waiting on recycling.
Anybody have a theory for why Trump didn’t take action when he was briefed that a pandemic would come to the US two months ago? Did he just think that it wouldn’t affect the population that much?
At least yours didn't try to say "It's just a different flu, bruh, no need to be seriously concerned."
Had multiple fools at my soon-to-be former workplace throw that line at me when I related information I learned here and from the White House press briefings.
Then the supply runs, shortages started, quarantines, and lockdowns started. Who looks the fool now.
No, they wouldn't. Note the zero interest loans to the banks & financial institutions to cover the lost revenue from the suspension. You would basically just be freezing the housing market for a few months.
The real fun though comes when you prioritize hospital access based on Citizenship -> Permanent Resident -> Legal Resident and bar access to all those in the US illegally.
Ultimately, shutting down the nation for two weeks to three plus months is going to shatter the global economy anyways. It's disruptive enough that the ancillary damage from doing what I am talking about would be a drop in the bucket.
What you really want to do is keep money in people's pockets so that when the nation is turned back on people can just get back to work without long term suffering. The biggest expense for most people is housing costs. So if you remove that expense from the equation for a few months you both reduce the need for income and increase the amount of money that people will have on hand once everything restarts.
Step 1: Freeze all mortgages and rents for the duration, literally just pause them unless the individual is willing to make their payments. The missed payments can be paid at any time over the duration of the mortgage or lease with no interest of penalties.
Step 2: Have the Fed extend zero interest loans to banks, financial institutions, and landlords to cover the unpaid revenue.
Step 3: Make it illegal to cut utilities for non payment and waive late fees for the duration, have the Federal government step in with zero interest loans (payable over five or ten years from the end of the crisis) to make up the lost revenue.
Step 4: Set CC interest rates to zero and waive late fees for the duration, again make up the shortfall via zero interest loans.
Step 5: Have the federal government pick up the tab for all uninsured Coronavirus medical expenses.
Step 6: Upon the end of the crisis, eliminate payroll tax on the first seventy five thousand per year for the next year.
All of that will massive inflate the governments debt load (as in several trillion dollars), but inflation is low enough that we can just flat out print dollars to cover a solid chunk of it and the rest will be made up via economic activity come the recovery.
The payroll tax isn't a great idea. It helps in proportion to how they were paid, and doesn't help people who missed hours. A better idea is a means tested UBI.
For the kinks you may or may not have realized you have.
Duke Nukem
Hail to the king baby
We might have a repeat of 1929 if the economic situation gets any worse.
Nope. This is a supply side problem, not a demand side problem. This means a V shaped recovery. There isn't anything fundamentally wrong with the economy (i.e. it isn't built on top of crap housing derivates like in 2008), it just isn't producing anything. If the virus disappears, the economy will go back to normal quickly. The question is just how long that will take.
Well, I think what Tippy's going for is a bill that could potentially get passed, which means not shaking the boat too much, although UBI is probably a better idea long term.
A means tested UBI won't go away. A payroll tax holiday will.
In addition, a payroll tax holiday can be implemented universally and with trivial ease across the nation and will put more money in the pockets of every single person who has a job. The purpose of this is to provide stimulus to the economy and put more money into the hands of the people to make whole the debts incurred by not working for months.
We are, eventually, going to end up with something like a UBI but that is a few decades away and trying to do it now would just be a shit fest of truly epic proportions. For one, if you want a UBI then you need to end wholesale the entire idea of government provided welfare, social safety nets, and healthcare. That is a non starter until after the boomers die off in twenty to thirty years.
I can only laugh here. Otherwise I get angry, and I'd rather be angry about things I can influence...
Arch Dornan
Oh, lovely. They've sent me a mo-ron.
Oh shit.
I'm not sure what happens next but there's lots of people who want to take a look at you.
It's gone away before. During the '08 recession, there was a payment to everyone in the country that hasn't continued. Maybe don't make it means tested, but the payroll idea doesn't help the people who need the help the most.
A one time payment isn't a UBI. And '08 was largely a payroll tax holiday.
Fair. I really meant a straight cash payment until the virus stops. Call it a UBI or a one time payment, whatever.
Also, if this was a demand shock like 08, a payroll tax holiday makes sense, as it encourages employment and also lowers the cost of giving people a salary cut. But this is a supply shock, which means that most common solutions won't work. They can actually make the whole situation worse (see the OPEC embargo and the inflation. The inflation was all because of bad government policies)
You can call the checks a payroll tax holiday, you can call it limited UBI, you can bitch and moan about possible inflation issues.
None of that matters to people who find themselves suddenly unemployed through no fault of their own. A lot of Americans still live paycheck to paycheck, and thus do not have time to worry about macro-economic concerns that might, might manifest months from now, if at all.
Trump gets this, and I think a lot of Washington does as well (in a bipartisan way, surprisingly).
Arch Dornan
Oh, lovely. They've sent me a mo-ron.
Super-rich people are panicking over the coronavirus ventilator shortage
Forget Birkin bags, Botox shots or Brazilian butt lifts. The sought-after accessory for the ultra-rich these days is anything that guarantees them oxygen should they get hit by the coronavirus. Bro…
nypost.com
The rich panic buying version of a pandemic.