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https://en.wikipedia.org/wiki/Faulty_generalization https://en.wikipedia.org/wiki/Faulty_generalization Just because the general country-wide unemployment is a
by noasaservice 4y ago
https://en.wikipedia.org/wiki/Faulty_generalization https://en.wikipedia.org/wiki/Faulty_generalization
Just because the general country-wide unemployment is a low number, does not mean with any sort of guarantee that an individual will be able to transition in a decent amount of time as not to unduly impact their life.
And given what the oligopoly of banks... err, the FED has been saying, 'they are hitting the brakes of inflation by raising interest rates significantly' - further exasperating the layoffs and slowing/reversing hiring at other firms.
- adam_arthur 4y agoThere will always be those that suffer Targeting them more precisely with aid is the way to solve that, not helicopter money into massive bubble and inflation. In the end who got hurt the most by the very money handed to them?
- noasaservice 4y ago> There will always be those that suffer With that attitude, there will be. But there doesn't have to be. > Targeting them more precisely with aid is the way to solve that, not helicopter money into massive bubble and inflation. Not aid. Money. Straight up cold hard cash. Any thing else instead, like SNAP, housing vouchers, etc treats them like they have no agency. Yet with corporate handouts, we do no such thing. Look no further than the PPP debacle.
- adam_arthur 4y agoWe did hand everybody money, which is why the economy is about to crash as a result of the inflation it propagated. Sorry, you advocate economic collapse, not anything realistic or sustainable. Wishful thinkers have inflicted a vast amount of deaths throughout history due to economic mismanagement. Famine, hyperinflation etc
- sokoloff 4y agoWord tip: exacerbating not exasperating.