Posted on 11/12/2020 6:18:42 AM PST by The Sons of Liberty
A member of President-elect Joe Bidens 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, its 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 ...
COVID was the fast track to what climate change was going to deliver over the long haul.
4-6 weeks beginning in late January, after which we will miraculously have beaten COVID19 thanks to Uncle Joe’s experience and leadership. Maybe Hunter can be in charge of the vaccine effort.
This is not to say COVID won’t still be around, but the lugenpresse will not speak about it going forward.
Which is why I am completely emptying all my 401K accounts as soon as I turn 59 1/2 the end of this month.
4 to 6 will quickly stretch into 6 to 8. And then 8 to 10.
We know where this is going.
I don’t think the economy can withstand another lockdown. We haven’t recovered from the first one yet. Double whammies have a way of causing double damage.
How many trillions of dollars would this cost, and where will the money to fund this come from?
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Relax...our national debt is only $27 trillion. We have plenty of headroom. /sarc
hopefully we get the vaccine before we get Biden
They are going to take your savings. The whole idea is to make more people poor.
“”When you look at the personal savings rate in this country, its now gone from about 8 percent to over 22 percent, Osterholm said. We have a big pool of money out there””
My gosh - they’re crawling out of the woodwork. I wonder if he understands why the savings rate has grown - DUH!!!!
If we comply then we are complicit in the destruction of this country.
The headline should read Biden COVID-19 adviser says US could manage to kill off small business and the middle class with 4- to 6-week lockdown.
He just let the cat out of the bag. They are eyeing personal savings. Dont you wonder what a doctor is thinking about when references your private savings in a discussion about paying for a shutdown?
China and the democrats.
And could explain why dems don't want the vaccine distributed until Biden is in charge. (Praying that is NEVER!)
Don’t refer to Bite-One as “President elect”. HE ISN’T. Court cases aren’t anywhere near done, nor have the Supremes reviewed the matter. Electors haven’t even voted, much less certified anything.
The authors of these articles need to just STOP.
“”Dont you wonder what a doctor is thinking about when references your private savings in a discussion about paying for a shutdown?””
None of them are smart enough to know that every time they open their mouths, they reveal more of where they stand and it’s NOT with the country!!!
That is the plan. They will pretend those accounts are theirs, hold them in a lockbox, and dole it out with your SS check every month. The fact remains that they will spend it and put a fake IOU in it.
These criminal salivate at the idea of getting your money in their hands.
Good idea. There have been premonitions about this on the financial pages but never openly reported. Usually looks like clickbait but. Now we have confirmation of intent..
I hope Biden is paying attention on everyone on his Coronavirus Task Force. Ezekiel Emanuel wants everyone to die at age 75. Biden is 78.
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