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26 million unemployment claims so far and many more to come. Many have not even been paid yet, for example Florida has only paid ~15% of the filed claims. Peopl

26 million unemployment claims so far and many more to come. Many have not even been paid yet, for example Florida has only paid ~15% of the filed claims. People have no money coming in and very few places are hiring. The government sent 1200 dollar checks to some but not all, many people still have not gotten those. People who did well the last couple of years and have lost their jobs now are not eligible. We are potentially looking at the very real risk of starvation in this country if this things is stretched out and the federal government continues to limit its direct aid to citizens. States are looking at the very real risk of completely running out of funds to pay unemployment and McConnell has indicated he is fine letting them go bankrupt over it because it weakens the unions. Rent and Credit cards are just the beginning, Car payments and mortgages are next. We need a very real UBI that goes to everyone regardless of income to get individuals through this. A UBI also guarantees people have money when this passes to allow for individuals to go out and pump money into businesses trying to stand up again. Its one thing to fret about the US debt, but at the moment we are looking at the potential for a great depression. When this is all over, mint a few trillion dollar coins and pay it off. If the dollar drops for a while its not necessarily a bad thing.

shostack 7y ago
I wonder if people who exhaust unemployment are counted in unemployment figures, because the cumulative total will be simply massive eventually.
csomar 7y ago
> We are potentially looking at the very real risk of starvation in this country if this things is stretched out and the federal government continues to limit its direct aid to citizens. Very unlikely for the U.S. Food is very cheap, it just happens that prices in the U.S. are inflated because of transportation, branding and the millions of middle men in between. To give you an idea, where I live, 1Kg of pasta costs $0.4 and grains are mostly imported from the US. Rice costs $0.53 and it is imported from Asia. You can survive on Pasta and vegetables for less than $1, and the U.S. is producing it dirt cheap.

shostack 7y ago

I wonder if people who exhaust unemployment are counted in unemployment figures, because the cumulative total will be simply massive eventually.

csomar 7y ago

> We are potentially looking at the very real risk of starvation in this country if this things is stretched out and the federal government continues to limit its direct aid to citizens. Very unlikely for the U.S. Food is very cheap, it just happens that prices in the U.S. are inflated because of transportation, branding and the millions of middle men in between. To give you an idea, where I live, 1Kg of pasta costs $0.4 and grains are mostly imported from the US. Rice costs $0.53 and it is imported from Asia. You can survive on Pasta and vegetables for less than $1, and the U.S. is producing it dirt cheap.