5 ms·

This money ends in July (or has to be renegotiated), so the moral hazard maybe could apply to a few weeks during re-opening (a rounding error). Or maybe it save

This money ends in July (or has to be renegotiated), so the moral hazard maybe could apply to a few weeks during re-opening (a rounding error). Or maybe it saves a ton of money for these businesses if re-opening goes south and we have to retreat. If you care about moral hazard you should be frying bigger fish imho. Also may this finally dispel the myth that servers get made whole with tips. This owner is putting out the numbers, 2400/month is 15/hr, the servers would be making 50%/66% of that so 7.50 to 10 an hour. Minimum wage is $11 in maryland.

SilasX 6y ago
>This money ends in July (or has to be renegotiated), so the moral hazard maybe could apply to a few weeks during re-opening (a rounding error). It applies to the entire time someone could be doing other SIP-compatible work.
- awinder 6y ago
  Ok so my heart goes out to the 5 possible business owners nationwide who that may have applied to, but that is a completely unserious argument.
  - SilasX 6y ago
    Pretty much everyone is capable of working more than one occupational role, and almost always a SIP-compatible one. Where do you get "business owners" as the relevant category? Are you sure you're taking this discussion as seriously as you expect others to?
    - awinder 6y ago
      And in which a SIP-compatible role was open and available, which is probably 5 businesses when unemployment went from 4% to 20%. Moral hazard exists everywhere, especially for people who have known the word longer than 6 months.
      - SilasX 6y ago
        >And in which a SIP-compatible role was open and available, which is probably 5 businesses when unemployment went from 4% to 20%. Pretty much every businesses was offering some kind of SIP compatible role (delivery, remote communication, and socially distanced adaptations). New positions are created and destroyed every day in response to demand. That's how economies work. You can't possibly justify a claim of five businesses. >Moral hazard exists everywhere, especially for people who have known the word longer than 6 months. And if it were so obvious, we wouldn't have people being ridiculed for pointing it out early on, or being surprised today at the result of the incentive structure.

SilasX 6y ago

>This money ends in July (or has to be renegotiated), so the moral hazard maybe could apply to a few weeks during re-opening (a rounding error). It applies to the entire time someone could be doing other SIP-compatible work.

awinder 6y ago
Ok so my heart goes out to the 5 possible business owners nationwide who that may have applied to, but that is a completely unserious argument.
- SilasX 6y ago
  Pretty much everyone is capable of working more than one occupational role, and almost always a SIP-compatible one. Where do you get "business owners" as the relevant category? Are you sure you're taking this discussion as seriously as you expect others to?
  - awinder 6y ago
    And in which a SIP-compatible role was open and available, which is probably 5 businesses when unemployment went from 4% to 20%. Moral hazard exists everywhere, especially for people who have known the word longer than 6 months.
    - SilasX 6y ago
      >And in which a SIP-compatible role was open and available, which is probably 5 businesses when unemployment went from 4% to 20%. Pretty much every businesses was offering some kind of SIP compatible role (delivery, remote communication, and socially distanced adaptations). New positions are created and destroyed every day in response to demand. That's how economies work. You can't possibly justify a claim of five businesses. >Moral hazard exists everywhere, especially for people who have known the word longer than 6 months. And if it were so obvious, we wouldn't have people being ridiculed for pointing it out early on, or being surprised today at the result of the incentive structure.