We don’t need to go into an economic depression

[Sun Devil 92]

Same ole game: Privatize the gains and socialize the losses. What would capitalism do without socialism to keep it afloat?

A whole lot better.

 

[Sun Devil 92]

This is an economic question.

I don't see that any discussion like this is useful without some kind of economic model.

 

[Slade3200]

Or maybe in two or three weeks these "models" will be revealed to have been inflated and we can get back to work.

Also, antibodies will reveal that a lot of us have been exposed, and we can get back to work.

That's how we really avoid a full on depression.

Until we know any of that to be FACT...we have no choice but to stay locked down.

It sucks but it's the reality

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

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

Correct, because the dumbasses with your attitude who are ignoring the shelter and separation guidelines are the ones prolonging this thing and causing it to spread. Literally responsible for the thousands of additional people who will die. But stay strong and screw the man! At least you got that

 

[Slade3200]

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

because the Fed will eventually run outta ink, and we'll become an insolvent nation

~S~

We don’t need ink anymore... it’s digital ones and zeros... why would they become insolvent?

 

[Dont Taz Me Bro]

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?

How much more debt can we incur? How much more money can we print without avoid massive inflation which can be just as harmful on the economy as the effects of the virus.

What we need to do is open America back up for business.

 

[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

Where I come from the cops are needed to see how good a shot you are if some idiot tries to break into your house. The criminals are protected from the law abiding citizens with Laws full of loop holes to defend them...........without that they wouldn't really want to ROB an ARMED POPULATION.

They sure as hell don't want to try it here.......because the neighbors would be arguing on who gets to take the sorry Crininals butt out.

Oh.........I'm sorry.......SOCIALISM GOOD THREAD........

Go back to work.......take the dang damage.........and stop a DEPRESSION.......everyone take the best precautions they can while working.....there ya go.........

Going back to work equals 100s of thousands of dead Americans. I don’t like you idea, sorry, but we can do better

 

[Dont Taz Me Bro]

Correct, because the dumbasses with your attitude who are ignoring the shelter and separation guidelines are the ones prolonging this thing and causing it to spread. Literally

You have no evidence of that whatsoever. That's your unsubstantiated opinion.

 

[eagle1462010]

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

Where I come from the cops are needed to see how good a shot you are if some idiot tries to break into your house. The criminals are protected from the law abiding citizens with Laws full of loop holes to defend them...........without that they wouldn't really want to ROB an ARMED POPULATION.

They sure as hell don't want to try it here.......because the neighbors would be arguing on who gets to take the sorry Crininals butt out.

Oh.........I'm sorry.......SOCIALISM GOOD THREAD........

Go back to work.......take the dang damage.........and stop a DEPRESSION.......everyone take the best precautions they can while working.....there ya go.........

Going back to work equals 100s of thousands of dead Americans. I don’t like you idea, sorry, but we can do better

LOL

So you rule........ARE YOU A KING/

 

[Slade3200]

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?

Dr. Fauci et al are talking about an extended lockdown of many months. In the mean time, some people will be working- at places like Walmart and other "life sustaining" businesses. Others will be sitting on their keisters at home.

Why shouldn't those who are working get more than those that aren't? Isn't that a matter of fairness?

Further, when the whole event is over, a lot of the businesses will be obsolete anyhow and close. People will be used to just sitting at home, and ordering some stooge to deliver their beer or whatever,and most brick and mortar stores are never going to reopen.

Agreed... Those who are working should get their paychecks plus a stimulus check from the government.

 

[C_Clayton_Jones]

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?

Or maybe in two or three weeks these "models" will be revealed to have been inflated and we can get back to work.

Also, antibodies will reveal that a lot of us have been exposed, and we can get back to work.

That's how we really avoid a full on depression.

Are most conservatives truly this willfully ignorant or have this much contempt for human life.

 

[Slade3200]

Correct, because the dumbasses with your attitude who are ignoring the shelter and separation guidelines are the ones prolonging this thing and causing it to spread. Literally

You have no evidence of that whatsoever. That's your unsubstantiated opinion.

Not my opinion at all... it’s common sense. If everybody in the word went inside right now and didn’t leave their house for two weeks the virus would be gone. It gets spread through human contact. We can look at what happened in NOLA and NY where large condense groups interact to see how quickly it can spread. When people ignore the separation guidelines and continue interacting like nothing is wrong it propagates the spread

 

[Slade3200]

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.

If people are out of work and not making money then they aren’t out there spending money and that will kill the small businesses. We need to keep them alive during this shut down and keep people employed... that’s how we keep the economy from collapse

 

[Slade3200]

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.

Agreed and well said... that is why high unemployment is the killer of economy’s. That is very different than a pause for a pandemic where people aren’t working to avoid death. This situation needs to be handled in a way where the pause doesn’t kill jobs or put people into crippling debt. The dollar is something we created and has value because we agree it has value. You make a good point that adding more into circulation devalues the dollar so we would need to consider what the inflation would look like. I imagine dealing with an inflation problem would be better than a Depression with millions out of work. Don’t you?

 

[Slade3200]

This is an economic question.

I don't see that any discussion like this is useful without some kind of economic model.

Well then provide a model to support whatever point you want to make

 

[CarlinAnnArbor]

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

So, by "the government" you mean the taxpayers put out of work by the authorities

 

[Slade3200]

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?

How much more debt can we incur? How much more money can we print without avoid massive inflation which can be just as harmful on the economy as the effects of the virus.

What we need to do is open America back up for business.

Inflation will have to be dealt with... it would be interesting dive into what that would look like. Any economists out there about to model how injecting 8 trillion into a 20 trillion economy effects the value of the dollar?

im not sure of “debt” would be an issue. Perhaps there is a way to just create and release the money in coordination with the world in a way that doesn’t involve payback

 

[Sun Devil 92]

This is an economic question.

I don't see that any discussion like this is useful without some kind of economic model.

Well then provide a model to support whatever point you want to make

Sorry....didn't want to sound critical the thread.

I do need to work on showing by example.

 

[Slade3200]

By government I mean those in charge of our law enforcement, economy, and security of our people

 

[Slade3200]

This is an economic question.

I don't see that any discussion like this is useful without some kind of economic model.

Well then provide a model to support whatever point you want to make

Sorry....didn't want to sound critical the thread.

I do need to work on showing by example.

It’s a fair point... I love to dive into some
Models... gotta filter out the trolls and find the people who want to earnestly engage. There are two or three that are sticking out so far

 

[rich stacy]

Correct, because the dumbasses with your attitude who are ignoring the shelter and separation guidelines are the ones prolonging this thing and causing it to spread. Literally

You have no evidence of that whatsoever. That's your unsubstantiated opinion.

Check out the other forum, which is arguing about the minister who was arrested for continuing to hold mass church gatherings.