”Insurance-premium holidays“. You’ve got to be kidding, right? Shortly after that you can expect the insurance companies to institute a “claim paying holiday”.

”Insurance-premium holidays“. You’ve got to be kidding, right? Shortly after that you can expect the insurance companies to institute a “claim paying holiday”. The payment holiday concept is such a poor solution and mainly seems be proposed by people aiming to ‘punish’ those that they perceive as having more than themselves (landlords, banks, etc.) or by ultra liberal governments trying to appease their constituents. I don’t think you really fathom how much damage this would cause in practice. Our whole economy only works if people/companies meet their obligations. The much, much simpler solution is bottom-up vs some never ending crazy patchwork of bailouts and payment forgiveness. Give the people money via direct payments and generous unemployment so they can meet their obligations.