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> rent and interest payment amnesty These sorts of micro-management solutions seem like the wrong approach to me. It is very hard to target them to people who
by gwright 7y ago
> rent and interest payment amnesty
These sorts of micro-management solutions seem like the wrong approach to me. It is very hard to target them to people who really need it. Some people will still have jobs and don't need the assistance, some people can weather a couple of months without income, some people are retired and are living off their savings already, etc.
It seems to me that some sort of unemployment benefit program on steroids would be better. But that doesn't help with people who are self-employed. Perhaps there could be a special program to allow self-employed to take advantage of unemployment programs?
> companies affected
I'm wary of assistance in this area because it is next to impossible to understand all the ramifications of the bailout and businesses are generally better positioned to figure out how to "survive" in the new environment. I'd go back to my first comment above and focus on assisting people not companies.
> supply shock
This one I really wouldn't worry about as the market is going to address these shortages quickly. In fact I'm more worried about the government imposed shutdowns creating problems for companies who are trying to address these shortages (parents not working because they have to stay at home with kids, e.g.).