2 ms·
>> We need ~hundreds of thousands of contact-tracers. If that were our only need, we could offer $1,000,000 to everyone who works as a contact tracer and have m
by icelancer 7y ago
>> We need ~hundreds of thousands of contact-tracers. If that were our only need, we could offer $1,000,000 to everyone who works as a contact tracer and have money left over.
But it isn't. $350 billion in PPP funds ran out in 10 days and only covered maybe 5-7% of businesses. $500 billion was just authorized by Congress and will run out in the same amount of time and maybe cover 10% of businesses.
Not even 20% of SMBs who need money due to the economic shutdown have received it - and this money only carries them across the finish line in a few months.
We're talking about double digit trillions of dollars to float the economy into Q3, much less the healthcare system. This is either impractical (my opinion) or we lack the political will to do it, but in either case, it is super unlikely to happen.