Posted on 11/12/2020 6:18:42 AM PST by The Sons of Liberty
A member of President-elect Joe Biden’s coronavirus task force said Wednesday that the US could manage the pandemic by enforcing an extended economic lockdown with the government compensating workers for lost wages. Dr. Michael Osterholm floated the idea in an interview with Yahoo Finance, explaining that a four- to six-week shutdown of small to medium businesses could drive down infection numbers. Osterholm said the federal government is in a prime position to use borrowed money to pay for such a lockdown package. “When you look at the personal savings rate in this country, it’s now gone from about 8 percent to over 22 percent,” Osterholm said. “We have a big pool of money out there that “We could pay for a package right now to cover all of the wages, lost wages for individual workers, for losses to small companies to medium-sized companies,” and losses to lower levels of government, Osterholm said. Osterholm, director of the Center for Infectious Disease & Policy at the University of Minnesota, said other countries in Asia as well as New Zealand and Australia have instituted similar lockdowns. “Then, we could really watch ourselves cruising into the vaccine availability in the first and second quarter of next year and bringing back the economy long before that,” he said.
(Excerpt) Read more at nypost.com ...
I thought the ex-spurts said two weeks would git-er-done.
How many trillions of dollars would this cost, and where will the money to fund this come from?
So, they’re saying, one year too late, that it’s time for martial law.
They are monsters.
Biden COVID-19 adviser says US could manage pandemic with 4- to 6-week lock down and if that doesn’t work we could try 4-6 months, or years whatever the science tells President Harris.
The America-/American-hating Left is clearly out to annihilate small business ... to crush small business out of existence. Following the communist playbook to the letter ... Destruction of the middle class.
It’s what China Joe’s ChiCom puppet masters want. Pray that Biden doesn’t get away with stealing the election, or we’re totally screwed!
He’s literally talking about raiding private retirement accounts.
Government people look at us as ATMs, not other people.
And then another 4-6 week lockdown when cases spike again.
Six weeks of lock down is all that is necessary for the Worlds Reserve Currency to change hands. The Renmindi could easily replace the USD in a 6 week period. This period of time seems to fall into Soros’ plan to destroy the USA as the World’s Economic Leader. The Chicoms need to take over The Reserve Currency to recover their economy. Just look at Europe; some of the EU countries will never recover.
I’m beginning to feel it’s high time Americans get off their asses and do something about all of this. And I don’t mean recount the vote.
It’s going to be destroy or be destroyed time, very soon.
There will be no vaccine until Joe Biden negotiates a job for Hunter Biden as an executive with Pfizer (with a cut on the deal being laundered through Hunter for Joe).
and where will the money to fund this come from?
++++++++++++++++++++++++++++++++++++++++++++++++
You KNOW where it’s coming from ... we’ll all be financially bled to death by the Demon Rats.
Margaret Thatcher was totally correct when she said .... “The problem with socialism is that you eventually run out of other people’s money.”
We’ll bet bled dry & the fat cat Pols, like the Biden family, Clintons, et al, will continue to enrich themselves at “we, the little people’s” expense.
hehe
” small to medium businesses could drive down infection numbers”
Notice he did not say big business. I guess big business support the Democrats. Small and Medium is the backbone of our economy.
I really do not pity the fools in the large cities that continue to support the Democrats. They reap what they sow.
They’re communists, and I got my tagline from a FReeper’s comment. With everything that has happened this year, I think it’s dangerously true.
I am beginning to believe that Democrats will NEVER give up covid powers. They are far too addicted to raw power.
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