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“its on the governments to provide the safety net until we have everything under control.“ There are limits to this and the burden is distributed very unevenly
by Ididntdothis 6y ago
“its on the governments to provide the safety net until we have everything under control.“
There are limits to this and the burden is distributed very unevenly. If you have a spa, your business is taking a big hit , but the landlord is not required to stop asking for rent. We would have to switch the whole economy to a non profit model, otherwise the lucky ones make out like bandits and others are being driven out of business.
- epicureanideal 6y agoThis "some businesses are saved" effect that's happening now is the most unfair thing, in my opinion. If the government wanted to provide support to keep everyone roughly where they were before the pandemic, that's great. But picking and choosing is really unfair. And it seems to be hurting small business owners and the middle class the most. Unemployment payments max out at what, $4000 per month? Meanwhile a middle class professional in the Bay Area might pay that much just for rent, before considering food or other expenses.
- int_19h 6y agoFreezing rents and interest throughout the entire economy would substantially reduce the amount of government assistance needed. It's also not the same as a non-profit economy.