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I mean, I don't know the OP's intention here but I think they're probably right, all of these actions will have an economic impact. It's not a statement about w
by astrophysician 7y ago
I mean, I don't know the OP's intention here but I think they're probably right, all of these actions will have an economic impact. It's not a statement about whether or not we should or shouldn't do something, I think we need to take lots of big proactive measures, but big proactive measures have lots of collateral damage that isn't negligible. Economic impact will be felt by everyone, from the top to the bottom of the income ladder, so that's also a legitimate pain point...
> suspending evictions, delaying mortgage payments, nationalizing healthcare
I mean sure, I don't think I would disagree with any of that at all (good luck with the last part though, we've been trying that for 40 years), but to say that this wouldn't have a detrimental impact on the economy is a bit confusing to me...it will and that will hurt, but the idea is that it will hurt less than something like COVID running rampant or without measures to protect workers who will be hurt most by the economic fallout.