“Why not just have a jubilee and let all the banksters eat their loans?”
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The biblical “reset button”. Wonder if it was ever practiced with consistency in ancient Israel.
Excellent Biblical reference.
I think in the end that is what must happen from the government to the banks to the average person. It’s a mess.
Right now Trump needs to concentrate on the healthcare side and making sure people get their bills paid. A payroll tax cut does you no good if your job is shut down. A quick way to stabilize would be to do a $5K tax rebate to each dependent on a 2018 tax return. Another option would be to continue to have people do their insurance co-pays which are usually not that much, but waive deductibles, that would help most people more since Obamacare reamed the country on those.