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> That would probably only cost a few trillion dollars. It'll take a decade to get back to pre-virus unemployment levels, and they know that. It took nearly a d
by Melting_Harps 7y ago
> That would probably only cost a few trillion dollars. It'll take a decade to get back to pre-virus unemployment levels, and they know that. It took nearly a decade to get to those super low unemployment levels after the great recession, which was not nearly so bad as this situation.
Well, it was a horrible way for the US to get to experiment with a wide-scale UBI system and create a viable model. One that was previously thought to be unfathomable, but honestly I'll take it.
And maybe because of my age, but 2008 was way worse than this. This doesn't seem like it will create waves of lost generations, for startes no one is being evicted from their Homes (yet) and no eviction systems are in place in many parts of the US.
> The bill comes as the IRS is about to begin mailing out checks approved by the recent COVID-19 relief package. Those will come printed with President Donald Trump's name on them, it was revealed this week.
Lets see what we learn from this, I'm personally cautiously optimistic on a Human level if this is the step being proposed. I'm just having a hard time internalizing how this is all being done while a clown like Trump is in office... I mean if this Andrew Yang, of course, maybe even Sanders, but Trump?!