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>I don't know why americans are so afraid of 'mass unemployment'. In the United States, health insurance is provided by your employer. To purchase it without t

>I don't know why americans are so afraid of 'mass unemployment'. In the United States, health insurance is provided by your employer. To purchase it without their leverage is prohibitively expensive without a sizable, reliable income.

tathougies 7y ago
Yes, I agree about the health insurance. Government should pay COBRA or figure something out. But why that system needs to involve paying businesses to nominally keep people on payroll (and thus provide health insurance) is what I'm missing. Why is that better than government directly replacing the salary and health insurance? Why should businesses have to deal with the administrative cost of a government decision
- sundaeofshock 7y ago
  becauae we would provide other monies to the business of it can rapidly reopen. I’m sure a business will be happy to take on the overhead if it includes gov support for rent, etc.
- asdff 7y ago
  We can freeze the economy, or allow it to form a cocoon like a caterpillar. Freezing the economy would be paying businesses to pay for overhead and labor. This would ensure everyone's job is frozen in place while furloughed. What we have instead done is try and form a cocoon like a caterpillar does. If you don't know about how a caterpillar becomes a moth, well it basically just dissolves completely into goop in that cocoon and forms an entire new animal out of that goop. We are allowing the economic structure to dissolve into goop while paying everyone to keep alive while at home inside the cocoon. However, since we've eliminated the structure, what emerges will not look the same. It will be much smaller as capital moved to safer investments. People will not be able to get their old jobs right away, if at all. They might have to change fields. It is going to suck and a lot of people will end up set back in their lives and careers as a result.

tathougies 7y ago

Yes, I agree about the health insurance. Government should pay COBRA or figure something out. But why that system needs to involve paying businesses to nominally keep people on payroll (and thus provide health insurance) is what I'm missing. Why is that better than government directly replacing the salary and health insurance? Why should businesses have to deal with the administrative cost of a government decision

sundaeofshock 7y ago
becauae we would provide other monies to the business of it can rapidly reopen. I’m sure a business will be happy to take on the overhead if it includes gov support for rent, etc.
asdff 7y ago
We can freeze the economy, or allow it to form a cocoon like a caterpillar. Freezing the economy would be paying businesses to pay for overhead and labor. This would ensure everyone's job is frozen in place while furloughed. What we have instead done is try and form a cocoon like a caterpillar does. If you don't know about how a caterpillar becomes a moth, well it basically just dissolves completely into goop in that cocoon and forms an entire new animal out of that goop. We are allowing the economic structure to dissolve into goop while paying everyone to keep alive while at home inside the cocoon. However, since we've eliminated the structure, what emerges will not look the same. It will be much smaller as capital moved to safer investments. People will not be able to get their old jobs right away, if at all. They might have to change fields. It is going to suck and a lot of people will end up set back in their lives and careers as a result.