“BAD idea IMHO.”
I disagree, It’s a good idea. Think of all the people that are going to lose their jobs as everything shuts down. The financial ramifications are unbelievable. Rent, mortgages, cars don’t get paid. The whole financial system and economy breaks down.
Yes, there is a “moral hazard” aspect to this and so it must be strictly limited to this difficult time and then done away with.
I think Trump and Mnuchin get this.
FINALLY someone gets it!
I agree 100 percent.
The economy was roaring. Look at the February job numbers.
And then came this virus, and all economic hell breaks lose.
This isn’t due to bad banks, or playing the stock market of margins—nothing like that.
We don’t want people losing it all even if they don’t get sick. It’s nobody’s fault except the Chinese.