Posted on 05/28/2020 3:07:34 PM PDT by Jim Robinson
Sounds pretty much like the big government democrat plan I’m trying to avoid.
Correction: America. I never want to mispell that.
Too late. 70% of the people are cowardly sheep and lemmings.
Can’t do that. There is the possibility of newer and deadlier diseases. We need to set a bar for when it should be shutdown. Say a disease has to have a 5% mortality rate and a 10% hospitalization rate and a certain R naught transfer rate. I’m just throwing numbers out there you would have to get health care and economy experts together to come up with it.
Dont forget massive subsidies for masks and signs saying “stay 6 feet apart”.
And bailouts for states to hire more cops to choke us to death if we don’t obey.
Well, if you're going to spend the money, you need to make sure it helps those affected. And preferably in a way that it gets spent into the economy and doesn't just line someone's pocket who didn't need the help.
One thing I like about the direct payments, is it definitely reaches the poor. And being a short term one time type hit, it doesn't have an undo impact on our system like universal income would have. Helping the poor in this way could get us some Divine favor. Which never hurts.
I’m not spending any money. Just letting the people and their employers keep more of their own earnings. They can spend, save or invest as they choose. It’s good for the employees, good for the employers, good for the economy and good for the government in the long run. Entrepreneurs who have lost their companies will work hard and start new ones. Or retire. Or go to work for someone else. With more money to invest, going concerns can grow and hire more employees. The growing economy will make more jobs available. No need to dole out money to individuals or companies. If any doling is necessary, have the feds loan money to the states to support their unemployment plans until the unemployed find jobs. But unemployment should never be designed to provide a comfortable living.
bkmk
We really don't have a choice.
Government is the deadliest disease of all and it's not a possibility, it's an absolute certainty.
In the event of a truly deadly virus we won't need petty tyrant governors like Gretchen Whitmer to tell us what to do. These lockdowns did not save anyone. In fact they killed people, many people and they are going to kill even more.
If we don't take steps to make these draconian measures expressly illegal we will see more of the same and we will NEVER fully recover. In fact we will lose the country as we know it.
There is no business model that allows for government to arbitrarily shut a business down for months at a time. Until now our free market capitalist system worked because no one and I mean no one thought government had the power to do what they did. What happened with corona is a total game changer. There will be no new businesses. There will be no financing of capitalist endeavors. There will only be gradual but steady economic decline until we reach third world status. We are already hearing about a possible second wave. Who in their right mind would ever risk their life savings to open a business with this threat? Who would expand? What bank will extend financing? What investment banker would raise capital? Until this government threat is eliminated we are done. It's only downhill from here. Don't look at exceptions and think this can somehow work, it can't. Even though there will be some exceptions the overall effect is the economic bucket is going to be emptying much faster than it's filling from now on.
I see the distinction you’re making and in a normal economy, I would agree with you.
It’s better to not collect the money than to collect and spend it. Or worse redistribute it. As a certain usurper liked to say.
But this isn’t a normal economy. And your plan while definitely less socialistic, will reinforce the new status quo.
The companies and their employees that were deemed essential and stayed open presumably at some profit, will benefit. Companies that were not deemed essential and had to close do not benefit. Companies that get back on their feet fast enough benefit.
That means liquor stores and pot shops deemed benefit. I don’t know if churches had to lay off anyone, so I probably can’t contrast them. But Salon owners deemed non-essential don’t benefit.
Walmart and Home Depot benefit while Jane’s gift shop is out of luck.
I believe but can’t prove, that Direct payments are more likely to spent into the economy. Payroll holiday funds will more likely end up in the stock market.
I don’t know. It seems to me given the nature of the damage to the economy, it’s the wrong play at this time.
Infrastructure programs are also a form of direct payment as long it’s not going for real work and not blunders. That’s an option to get people back to work. And might provide more outside and social distanced work too.
None of that matters now. We’re looking for the best way to jumpstart the economy without surrendering to the big government socialist democrats aka communists. No, we don’t want the government writing checks to the people or their favorite companies. It’s much better to just let them keep the money they’ve earned.
Jim, the lock downs of private citizens and their businesses revealed we had ALREADY surrendered to big government socialists and communists. We just did not know it until Corona. The big government socilists themselves did not realize we had surrendered, but now they do. Our economy will never work as it did before.
You can't open a free market economy that does not exist. We were only operating under the perception of a free market, no we know different. As long as the threat of government lock downs exists economic expansion is gone. We will only shrink from this point on unless we make the actions that caused this economic extinction event expressly illegal.
Well then, I’m looking forward to reclaim our freedom and rekindle our free markets. Thanks.
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