We don’t need to go into an economic depression

[sparky]

SMALL BUSINESS WILL DIE

tell me about it.....

~S~

 

[22lcidw]

To avoid an economic depression the government needs to grant money to businesses so they can make rent, basic op expenses and pay employees. The gov also needs to provide funds to the unemployed so they can pay rent and bills. If they do this we avoid a depression. To do this a much larger “stimulus” bill needs to be passed. We also need to coordinate with allied countries. If done correctly there should not be mass lay offs or any businesses shutting down... and there should not be a recession/depression beyond the life of the virus shit down.

What’s wrong with my theory? Can anybody explain why it would not work?

The cons call that socialism it is bad, let businesses fail, people starve and the market to adjust itself. Most if them are waiting for their food stamps and government checks in their trailer parks.

Not true.

 

[Polishprince]

SMALL BUSINESS WILL DIE.....................Only the big companies will survive it.............kinda the point that they want .............hmmmm

Getting a small business together will be a whole lot harder in the post-corona world for sure. Small businesses die all the time, but new ones have traditionally taken their place.

That is unlikely to be happening as much. If you are a bank, or a supplier or a landlord, extending credit to some who wants to open a restaurant or a nail salon has become exponentially riskier. The specter of future pandemics is a factor that will have to be weighed into the decision.

 

[eagle1462010]

SMALL BUSINESS WILL DIE.....................Only the big companies will survive it.............kinda the point that they want .............hmmmm

Getting a small business together will be a whole lot harder in the post-corona world for sure. Small businesses die all the time, but new ones have traditionally taken their place.

That is unlikely to be happening as much. If you are a bank, or a supplier or a landlord, extending credit to some who wants to open a restaurant or a nail salon has become exponentially riskier. The specter of future pandemics is a factor that will have to be weighed into the decision.

They are dying now..........because of a virus.......not bad business decisions......and who will take up their slack ..........the Globalist companies.......like the ones in BED WITH CHINA........where 80% or our Pharma comes from.........

Yeah.......it was such a good idea to get that cheap labor and mover all our manufacturing out of the country........LOL

 

[Olde Europe]

SMALL BUSINESS WILL DIE

tell me about it.....

~S~

Just wait until Kushner takes over. All's going to be just fine.

 

[Jitss617]

To avoid an economic depression the government needs to grant money to businesses so they can make rent, basic op expenses and pay employees. The gov also needs to provide funds to the unemployed so they can pay rent and bills. If they do this we avoid a depression. To do this a much larger “stimulus” bill needs to be passed. We also need to coordinate with allied countries. If done correctly there should not be mass lay offs or any businesses shutting down... and there should not be a recession/depression beyond the life of the virus shit down.

What’s wrong with my theory? Can anybody explain why it would not work?

Something TEMPORARY sure. But not permanent , we should pay some of it back we’ll we will

 

[Lesh]

Second, I don't need your help keeping me alive, but you obviously need Big Daddy Govco to orchestrate your every move, and when I tell you that, you really hate it. Which is why you lash out at me.

If you insist on going out there in the middle of this worldwide pandemic..you need protection...

AND MORE IMPORTANTLY ...WE need protection from YOU

 

[Lesh]

Just wait until Kushner takes over. All's going to be just fine.

He's been in charge for weeks now

How's it going?

 

[Lesh]

SMALL BUSINESS WILL DIE.....................Only the big companies will survive it.............kinda the point that they want .............hmmmm

Getting a small business together will be a whole lot harder in the post-corona world for sure. Small businesses die all the time, but new ones have traditionally taken their place.

That is unlikely to be happening as much. If you are a bank, or a supplier or a landlord, extending credit to some who wants to open a restaurant or a nail salon has become exponentially riskier. The specter of future pandemics is a factor that will have to be weighed into the decision.

I for one...will take "spend locally" to heart

 

[Polishprince]

SMALL BUSINESS WILL DIE.....................Only the big companies will survive it.............kinda the point that they want .............hmmmm

Getting a small business together will be a whole lot harder in the post-corona world for sure. Small businesses die all the time, but new ones have traditionally taken their place.

That is unlikely to be happening as much. If you are a bank, or a supplier or a landlord, extending credit to some who wants to open a restaurant or a nail salon has become exponentially riskier. The specter of future pandemics is a factor that will have to be weighed into the decision.

I for one...will take "spend locally" to heart

You might well do that.

But the number who do "spend locally" won't be a great enough number to convince lenders and other creditors to risk their ass on it. Particularly as the country struggles through a long depression and people are looking to get more for their limited bucks and survive.

 

[Lesh]

You might well do that.

But the number who do "spend locally" won't be a great enough number to convince lenders and other creditors to risk their ass on it. Particularly as the country struggles through a long depression and people are looking to get more for their limited bucks and survive.

That may well be true. But I'd much prefer my dollars go to a small local business than to a megacorp or bank

And crowdsourcing and coop funding may actually become a real thing

 

[georgephillip]

What’s wrong with my theory? Can anybody explain why it would not work?

I suggest the profit motive explains a great deal about why we didn't have a vaccine for Covid-19 before we needed it:

Michael Meeropol: Governmental Austerity Is Costing Lives In Fight Against Coronavirus

"In an article entitled 'Scientists were close to a coronavirus vaccine years ago. Then the money dried up,' by Mike Hixsenbaugh on the nbcnews.com web site (March 5, 2020) we learn that Dr. Peter Hotez of the Baylor University College of Medicine '….after years of research, … had helped develop a vaccine to protect against a deadly strain of coronavirus.'

"It was 2016 and they could not get any money to fund the trials with humans.

“More than a decade had passed since the viral disease known as severe acute respiratory syndrome, or SARS, had spread through China, killing more than 770 people.

"That disease, an earlier coronavirus similar to the one now sweeping the globe, was a distant memory by the time Hotez and his team sought funding to test whether their vaccine would work in humans.

"'We tried like heck to see if we could get investors or grants to move this into the clinic,' said Hotez, co-director of the Center for Vaccine Development at Texas Children's Hospital and dean of the National School of Tropical Medicine at the Baylor College of Medicine in Houston. 'But we just could not generate much interest.'"

 

[Bob Blaylock]

Something very important to consider.

Money is not wealth. Money is a unit by which wealth is measured and exchanged. And as a unit of measurement, it is not very solid. The value of a dollar is determined by how many dollars are in circulation at any given time, and how much wealth exists, to be measured by all those dollars. If more dollars exist, relative to the amount of actual wealth, then the value of each individual dollar is diminished. If more wealth exists, relative to the number of dollars, then each dollar is worth more.

Wealth consists of the things that are of value to us, food, shelter, clothing, various other goods and services.

And wealth is only created by people working, never by people sitting at home, idle.

And we all need wealth to survive. If there are too many people not working, and not enough people working, then there will not be enough wealth generated for everyone to survive. And this cannot be mitigated by any scheme that involves having the government shuffle money around.

 

[JWBooth]

And why not just shut everything down for 2 months, everything put on hold. No stimulus paid to anyone. Then open it all back up, people go back to their jobs and pay a little each month to catch up for the 2 months down.

Extreme strategy but sometimes desperate times call for desperate measures. I doubt anyone would agree to it either.

Starvation is too cool

 

[JWBooth]

What do you mean we have no choice? What is this a dictatorship?

No. It's a world wide PANDEMIC dumbass

You Leftists always accept orders way too easily, it's spooky. We've been locked into our homes and you just say yes sir may I have another

Grow up honey. I'm trying to keep you alive. Not that you're actually worth saving but...

Who the FUCK ASKED YOU.........Mind your own Fing Business........You think you have the right to tell others what to do...........why you have driven California into the ground............

And look at where the virus is mainly at........in BLUE HIVES.....not Fly over states....

The greatest tyrannies are those of good intentions, done for the “good” of the victims

 

[Lesh]

Something very important to consider.

Money is not wealth. Money is a unit by which wealth is measured and exchanged. And as a unit of measurement, it is not very solid. The value of a dollar is determined by how many dollars are in circulation at any given time, and how much wealth exists, to be measured by all those dollars. If more dollars exist, relative to the amount of actual wealth, then the value of each individual dollar is diminished. If more wealth exists, relative to the number of dollars, then each dollar is worth more.

Wealth consists of the things that are of value to us, food, shelter, clothing, various other goods and services.

And wealth is only created by people working, never by people sitting at home, idle.

And we all need wealth to survive. If there are too many people not working, and not enough people working, then there will not be enough wealth generated for everyone to survive. And this cannot be mitigated by any scheme that involves having the government shuffle money around.

How much wealth is produced by an economy hit by wave after wave of pandemic because we didn't bite the bullet the first time?

 

[Slade3200]

There is another question - what should we do in the next outbreak of any other infection - flu, AIDS, CoViD-22 or anything else?

I think this experience is a wake up call for the world... we should be much more prepared for future outbreaks

 

[Slade3200]

And why not just shut everything down for 2 months, everything put on hold. No stimulus paid to anyone. Then open it all back up, people go back to their jobs and pay a little each month to catch up for the 2 months down.

Extreme strategy but sometimes desperate times call for desperate measures. I doubt anyone would agree to it either.

Millions of people can’t afford to Just hit pause for two months. Without the stimulus people can’t afford rent bills and food.... employees get laid off, Businesses shut down, and all kinds of bad things happen. We are already seeing it happen now. The money needs to get out STAT to stop the bleeding. Problem is not enough is being sent out.

If everything...and I do mean EVERYTHING shut down......that would include those bills...……..what's there to afford??? During such a shut down, any bills incurred or not paid during the shut down would be added to your normal billing cycle but on a payment plan like adding an additional amount to the normal payment, paid back when shut down is over & everything back up & running. Limiting the time to pay it back to within a year or 2 at most.

Everything can’t shut down. Emergency services, medical, agriculture, grocery stores, deliveries, law enforcement, utilities etc all need to be maintained.

I think you drastically underestimate many people’s ability to afford to not make money for a couple of months while taking on the debt for those expenses. What we are seeing happen right now with job loss is proof that your plan would not work.
Why are you so against the government stimulus? It’s all Monopoly money anyways

IF a 2 month shut down were planned for in advance and everyone complied with it, most of those services wouldn't be needed. Other than for healthcare or to keep utilities running and also diary & livestock operations...…..yeah there are some points that couldn't be shut down, and no it's not a perfect plan either.

But for peoples ability to afford it...….as I said any loans, or lines of credit would be extended for that amount of time, and the only increase of payments would be for utilities. The bills for your power, water, sewer, etc would be broke down to include an additional amount each month over a 1 or 2 year period so it wouldn't be too much of a burden.

As I said it wouldn't be a popular option because it's extreme...........but we wouldn't be saddled with trillions of additional debt either AND there wouldn't be the human losses we are currently and will be experiencing from the pandemic. The virus would be no more. Plus the added jobs of those manufacturers of products that will be made in the US, instead of China......and don't forget added construction & other jobs to create the factories to house those productions. Many current low wage earners would have a chance for better paying jobs, that would pay back anything held during the shutdown.

I think you are close but I still don’t understand why you think it better for the millions of people Who love paycheck to paycheck to be saddled with the debt vs the government releasing more currency. Explain to me how the trillions of debt that our country undertakes would be crippling? Or why the currency couldn’t be created and released without debt if coordinated correctly with the rest of the world

 

[Slade3200]

INFLATION could do us in.....?? or the Nation's children in?

A full day's work, for a loaf of bread.


is how it is described in bible prophesy


there really is not much of a choice though, but to bail everyone out....

That’s a fair argument. Any economists out there able to model What inflation would look like with this kind of stimulus?

 

[Slade3200]

Y

If everything...and I do mean EVERYTHING shut down......that would include those bills...……..what's there to afford??? During such a shut down, any bills incurred or not paid during the shut down would be added to your normal billing cycle but on a payment plan like adding an additional amount to the normal payment, paid back when shut down is over & everything back up & running. Limiting the time to pay it back to within a year or 2 at most.

If everything is shut down, that wouldn't just mean the exchange of money; it would mean the production and distribution of food, medicines, utilities, services—everything.

What are people supposed to eat, when they cannot get food? What are people supposed to drink, when the supply of tap water stops flowing? What will happen to sanitation, when the sewers back up? Of course, you'll also have no electricity or gas with which to heat or cool your home, or to operate any appliances.

When there are far more people trying to survive under what, in effect, are stone-age conditions, with no technology, than the land can come anywhere close to supporting without modern technology, how many will survive?

NO...…..most utilities are digital or computerized and would still remain available. Any employees needed to keep it running would have to venture out for that purpose, but only the absolute neccessary to do so.

Any and all foods, medicines, or supplies be purchased in advance (may have to go on the future payment plan to do so).

No production would be needed, if it's prepared for in advance. The biggest issue would be healthcare related.......anyone with existing serious health issues, in hospitals or other facilities....that's where it could be the biggest problem

you're a loon. You need cops to protect against criminals who obviously won’t be following the rules. You need firemen to put out fires. Utility company’s are not digital, and need workers in the field. Crops and food goes bad if it’s not maintained.... I could keep going but I think you get the point. If you don’t then you are an idiot... and you still haven’t explained why it’s not a better idea for the government to just pay all the bills during the shut down

I may very well be a loon...…..but I do know that having the government pay for everything including business, people, corporations, etc by the trillion$ is not going to avoid an economic depression, but quite the opposite and very possibly a complete collapse

How does it cause a collapse? Paint the picture for me