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I don’t love that there is talk of non-pandemic stuff in the house bill AND I don’t like it in the Senate bill. So, please also rail about the Senate GOP’s bad faith,too.
The Senate is also trying to push stuff through in its bill that reads more like a lobbyist wishlist than something sound for dealing with the pandemic or really dealing with the economic issues. Propping up near term stock prices does far less for our economy than getting money into the hands of working class and middle class people who are really struggling by not being able to work. Money in their hands goes straight into the economy. They spend the lion’s share of the money they receive. They are the consumers in a consumer-driven economy.
It seems the dispute for the Dems is not enough for the workers, giving Mnuchin a free hand with 500 billion and a total lack of transparency, and not restricting the corporations that get bailed out in their use of the money. Last time all they did was buy back stock. Is this not correct? Please enlighten me.
I’m not sure who they is?
My Take On Why the Economy is Such a Focus in the U.S.
By indefinitely I meant to convey the idea that many Americans are becoming very stressed out by waiting around inside their homes without any sort of idea about when they’ll be able to resume the life style they’re used to. At this point many are more concerned about suffering financially than getting the virus. I’d speculate that many of them would like to isolate the vulnerable and that they’ll take their chances with the virus rather than be out on the street with nothing. They live month to month and are very skeptical the government is going to be there for them. Of course other people are worried about losing their small businesses for similar reasons. The whole U.S. economy is built around pushing things to the limit and there’s just no financial buffer so that puts a tremendous amount of pressure to get things rolling again ASAP.
The shift to a global economy over the last couple of decades has come with a reduction in both employer and governmental support services. People have become used to being marginalized and to being exploited. Many people have to work more than just one job to make ends meet. The influence of unions has also waned due to the globalization of labor which has also contributed to a sense of being on your own in terms of your economic fortunes. Having no loyalty between employees and employers is the norm.
The strong cultural association between your identity with what you have has also contributed to the idea that wealth is some sort of measure of your worthiness or the worthlessness of others who are poor. This also means people are frequently carrying large debts and have little savings.
Using government money to fund a nationwide crisis and waiting until it’s safe to come out isn’t really a very accepted way of dealing with these issues in the U.S. The legislators who control policy are willing to spend money for temporary and limited sorts of aid for individuals including means testing to verify they’re worthy of aid and not just trying to fraud the tax payer. In contrast the bailouts for small businesses and especially corporations are much more generous and usually without strings attached as it’s claimed they generate the jobs and wealth.
Similar economic disparities exist with respect to the justice and educational systems in the country.
Many Americans have given up on voting simply because they don’t believe it will make any real difference in their lives which magnifies the lack of consideration they’re given during a crisis that effects individuals or in a national crisis.
The role of corporations has become so ingrained that the Supreme Court ruled that corporations could not be restricted from contributing to campaigns because they have the same free speech rights as people.
Both parties are largely funded and are oriented towards these business interests. It’s why there was such a concerted effort by the Democratic establishment to come up with an alternative candidate to Bernie Sanders whose ideas and values were quite different to their status quo modus operandi— things just need to be tweaked rather than any sort of radical restructuring or changing of priorities.
Maybe the people in power want to restart the economy ASAP in order to prevent the working class from reaching a breaking point where they’d challenge the system in place or are indifferent to their plight and feel no need to consider how it might effect them as it’s the needs of business owners which count. Those who benefit from the current economic system want to keep on doing so by jump starting it ASAP. They have access to the means to insulate themselves from the impact of the virus.
There will be plenty of people continuing to die so they’re willing to grasp at straws to show they’re doing something. If someone uses the treatment and doesn’t die, they could do a testimonial about how thankful they are that Trump was willing to bypass normal procedures. If some people take it and they still die then it’s well they were going to die anyway, but we had to try something. It’s a win win proposition no matter what happens with the drug. The democrat governor of New York and the mayor of NYC have both bought into the plan as well.
Why don’t the US just ask what this was? seems to have done the trick! High five and mission accomplished!
I don’t think you understand the strength of conviction and depth of apathy which exists in the U.S.
If they can’t get the economic relief bill to the President, I believe we’ll be in for a much rougher time than Italy. I suspect the current game of chicken will last several more days before the Democrats cave as their governors, and constituents won’t be able to hold out as long since the Democratic states are being hit the hardest now. Trump has the advantage of being the President and holding daily press conferences to tell the public he’s working on the problem. By bringing in all of the various companies into the conversation and casting it as a war against the virus, he’s saying what’s good for business will save us all. He’s made it a point to say he’s against allowing stock buy backs so there can’t be anything to object to in the Senate bill, therefore the other side is holding things up. Virtually no Americans are going to read the bill so the Republican side can have the advantage in terms of telling the story about what’s happening.
It might have been mustard gas to encourage people to stay inside their apartments 😳.
Lt. Governor of Texas would rather die from Covid-19 than to have instability in the American economy. Perhaps he could be a patriot and auction himself off to the highest bidder and donate the proceeds to the corporate charity of his choice?
Ignore the virus = death
Ignore the economy = death
Which plan has a cure for death?
Its almost as though someone has told Mr T that this has been designed to burn itself out after a short while- and that’s why he has been so bored/unconcerned about it and thinks it will go away.
I am happy Trump mentioned suicide in the US though, i think its like 130 deaths a day.
Maybe look at countries like Taiwan or South Korea that have managed to get the situation under control without trashing their economies?
Happy anniversary UK !
the Enabling Act was passed on March 23rd 1933
https://www.theguardian.com/world/2017/mar/24/enabling-act-germany-hitler-nazis-1933?fbclid=IwAR3A7OGS3Cds7OQ92cuA-2VnUsqoWolfa9KuS-319MAH8oFtxvZ1i26stsA
They were prepared before the outbreak most were not.
Boris the Johnson has blond hair, that must make him our Great Potato, Hail Chips
They responded quickly because they already had some experience of contagious diseases with the SARS outbreak. It might be smart to learn from them, rather than pretend it's a binary choice between saving people and saving the economy.
South Korea, Taiwan, Singapore, Hong Kong and even Japan have shown that the pandemic can be dealt with sensibly. Europe and the US should learn from them rather than pretend they're above that.
Yep, Japan, South Korea in general have a different approach to the seasonal flu and of course the whole world will be following suit in the future.
Donald Trump's approach to the crisis has been to deploy wishful thinking, right from the beginning, and he shows no signs of stopping. Every press conference, every statement, just wishful thinking, and nothing he promises comes to fruition.
It's obvious that the US is going to be hit the hardest of all by the pandemic: there is simply no coherent joined-up response to the crisis. Every state left to fend for itself, medical supplies sold only to the highest bidder rather than directed to where they are needed (can't interfere with the market right?). A crisis like this requires a planned and coherent response, and this administration is simply not able to provide that. It's a complete leadership vacuum.
I think UK will be hit hardest
I'm sure it will be bad in the UK too, but the UK has finally got its act together in terms of both social isolation and compensation for workers losing income, so I think there is some hope. I just don't see that for the US right now.
we thank you for your optimism
Sorry dude 🤗
i've come to realise that my inner-tuition appears to be 'ahead of me in time'
it has 'proved this to me' many, many, times over
(and i needed a lot of convincing)
i have also had to consider that, rather than my inner-tuition 'showing' me the future, what if this 'inner-tuition' - this thought wave - is creating it?
and if so, i'd be wise to look for the best in every thought and situation
this picture was created in an 'intuitive' state near the start of march
@simonnowis, I, too, had the passing thought that I had dragged the entire globe into what I had envisioned as the apocalyptic last chapter of my life. It is true that each of us creates the dream of this world, I believe. It’s just that there are seven plus billion dreams going on at once.