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My understanding is the only things forthcoming are state bailouts and monetary policy (big business).
by Consultant32452 6y ago
My understanding is the only things forthcoming are state bailouts and monetary policy (big business).
- jethro_tell 6y agoIt sounds like the plan is to make people so desperate, they have to reopen and just live with a higher than normal chance of dying. Which is obviously not going to work, because supply side economics don't work. You can open all the businesses you want, but customers are going to need to want to take that same risk as the workers are being forced too. And many businesses don't have the margins to run at 50% capacity. Restaurants and retail are some of them. It's going to be a mess and there is no help coming. Many states are tapped out with unemployment, loss of revenue, and pandemic responses that had to be fully built and funded by states. As such, state bailouts are unlikely to be very meaningful.