US Blew It. High Unemployment Was Avoidable. Europe Got It Right

[PoliTalker]

Hello archives,

If I had to wager why, I'd say they felt getting money directly to people was easier and quicker logistically than going thru an employer. Europe already has a social service infrastructure in place, so the task could be attained much easier with efficiency, but in the US, using the employer as a middle man probably made less sense

They are already having difficulties with rolling out the small business loan package which the banks have stalled on because they themselves are unsure on now it is suppose to function, imagine the problems if they added another layer

We could one day wish we had those kind of problems.

 

[PoliTalker]

Hello I<3Big Anime Tiddies,

YOU WERE THE ONE CALLING FOR THIS YOU IDIOT! YOU'RE THE ONE WHO SAID WE NEEDED TO NOT WORK! WHAT THE FUCK DID YOU THINK WAS GONNA HAPPEN?!

Sorry, I'm not into the pissing match thing. I'll let others explain why that had to happen. If you would like to ratchet down I'll respond and explain my logic.

 

[PoliTalker]

Hello Trumpet,

I agree with you about the deficit and the debt, but the Trump and GOP tax cuts have already caused the debt to soar in good economical times, and this will compound the efforts to jump start the economy.

There isn't going to be any jump starting the economy. Once it is dismantled it takes a long time to build it back up to that level. We will be better off if we hit 'rewind' on the unemployment and then 'pause' on the economy. Just saying...

 

[PoliTalker]

Hello tsuke,

the US is actually going to come out of this better than the EU. You may even see the EU dissolve as the poorer southern nations leave.

I wish I had that confidence.

 

[PoliTalker]

Hello Cypress,

There were several liberals, myself included, who said back in March that we should emulate the democratic socialist approach taken in Denmark, rather than the Trumpian approach

Wish we had. I can now see how smart that would be. Brooks made it clear with his commentary. It's so logical. I like him.

 

[PoliTalker]

Hello jimmymccready,

Brooks is saying Trump blew it.

Oh, that's for sure, but He's spreading the blame around as well. And he's got a point. I don't recall Democrats wanting to do this. Give me examples and then we can see if Brooks is right about that. Phantasmal says she remembers Democrats wanting payroll relief. If we can identify examples of that then Brooks got that part wrong.

 

[Noking]

Hello Trumpet,



There isn't going to be any jump starting the economy. Once it is dismantled it takes a long time to build it back up to that level. We will be better off if we hit 'rewind' on the unemployment and then 'pause' on the economy. Just saying...

Unfortunately, this is a major problem where only lousy solutions exist.

 

[jimmymccready]

We are in for a long, long haul to repair the damage caused by the Trump virus.

 

[PoliTalker]

Hello jimmymccready,

We are in for a long, long haul to repair the damage caused by the Trump virus.

We have this one chance to reverse all this unemployment but it would take decisive bold action on the part of Congress and the president.

IOW, our economy is screwed.

 

[Micawber]

Uh oh, arch conservative Brooks is going to need a security detail to protect him from the Repuke Tard hive.

 

[jimmymccready]

Hello jimmymccready,



We have this one chance to reverse all this unemployment but it would take decisive bold action on the part of Congress and the president.

IOW, our economy is screwed.

Herd Immunity is not the answer.

 

[Billy the Great Khan]

Hello I<3Big Anime Tiddies,



Sorry, I'm not into the pissing match thing. I'll let others explain why that had to happen. If you would like to ratchet down I'll respond and explain my logic.

You were going on and on and on about how it was jsut two weeks and my prediction about it being months was laughable. Well who's laughing now retard? You got your wish, everyone is staying home because they have nowhere to go and likely never will again. Good job.

 

[Teflon Don]

YOU WERE THE ONE CALLING FOR THIS YOU IDIOT! YOU'RE THE ONE WHO SAID WE NEEDED TO NOT WORK! WHAT THE FUCK DID YOU THINK WAS GONNA HAPPEN?!

These dumb motherfuckers are unbelievable

They were screaming "LISTEN TO FAUCI. LISTEN TO FAUCI"

They get what they want now they fucking cry. No wonder you wish such ill on them

 

[Billy the Great Khan]

These dumb motherfuckers are unbelievable

They were screaming "LISTEN TO FAUCI. LISTEN TO FAUCI"

They get what they want now they fucking cry. No wonder you wish such ill on them

I hope they like watching their grandchildren wear rags for clothing and eat rats and mice to survive. Way to spend your golden years of retirement Boomers. Have fun with the SS checks you aren't going to get.

 

[Darth Omar]

David Brooks lays it out:

"Well, here, there's a lot of blame to go along.

I would say that, when we look at the bill that was passed by Congress a couple weeks ago, this stimulus bill, we will regard it as one of the worst economic packages maybe in American history, certainly in a time of crisis.

What they're doing in Europe is, they're preserving the businesses. They're keeping people employed. They're just paying businesses to say, we're going to give you some money, and — but you're going to keep your payroll. So people don't have the threat of unemployment, they don't have the insecurity of unemployment, they don't have the possibility that they will never get a job again or they won't get a job for a long time.

They just sort of freeze the economy. And we didn't do that. We took a more individualistic approach, we will just give you $1,200. We had a backstop measure, which is $350 billion for businesses. We should increase that to $600 billion, $700 billion, so businesses can keep their payroll.

And there's a lot of blame to go around. The Democrats took this option because they didn't want to be seen to be bailing out business. The Republicans, I'm not sure they had a coherent thought in their heads.

And so this is, I think, a catastrophic error, which we should just be fixing very quickly."

That makes so much sense!

Why didn't we think of that?

Maybe our leadership is so polarized by insults and blaming they never thought of it.

Too bad. Now, our economy is going to be really screwed.

PBS Newshour Shields and Brooks.

"it's better to have the not unemployed.

I mean, there are going to be some people who are unemployed. And for them, certainly, the unemployment insurance is there. But if you could sit at home knowing that you had a job, and knowing that you were getting paid for that job, even though you were sitting at home, and that you were probably going to go back to that job, that seems to me the right way to do this.

And I — I understand, culturally, why we didn't do it. I understand, politically, why bailing out business seem to be a bad thing. But it's fixable. And when Chuck Schumer said earlier in the program that he wants something else, I would hope this would be the something else we would do before the end of April."

We need a new Bill that tells the businesses to hire those people back and the government will pay for it. And the workers who just lost health insurance would then get it right back. This is insane to let those jobs go away and those businesses fail. If that happens we won't be able to quickly put it back together again. And that's just going to hurt our economy for a long time.

I know a trashed economy would hurt DT's chances of reelection, but this is too much of a price to pay for that. All these lost jobs. That's people on the edge, slipping over. We can't allow that. If it was just the stock market that would be a fair trade-off. That's rich people getting less rich. That doesn't undermine the foundation of our economy, consumerism. But all this unemployment is too much. The people being affected by this don't have any safety cushion, and while they are worried about their income, they also have to deal with coronavirus. Brooks is right.

This was all done based on what *might happen* which came from models that were apparently built on some shakey assumptions.

I can assure you it wasn’t my idea.

 

[cancel2 2022]

Distorting the facts is the GOP's forte.

God, you're an ocean going fuckwit, truly shit for brains.

 

[cancel2 2022]

Herd Immunity is not the answer.

Of course it is you dolt!! It will likely happen anyway! I said at the very start that destroying your economy is not a good price to pay. Japan and Sweden know this, you've been led by the nose by fools.

 

[Darth Omar]

Of course it is you dolt!! It will likely happen anyway! I said at the very start that destroying your economy is not a good price to pay. Japan and Sweden know this, you've been led by the nose by fools.

They were frightened into it by the 2 million death estimate.

 

[cancel2 2022]

There were several liberals, myself included, who said back in March that we should emulate the democratic socialist approach taken in Denmark, rather than the Trumpian approach

Of course you've avoided mention of Sweden, Holland and Japan, they've chosen to go down the herd immunity route.

 

[cancel2 2022]

Is debt more important than people’s lives?

It's ok for a dumb fool like you to say that. Think of all the lives that will be shattered by suicide, marriage breakups and unemployment. You truly are an arrogant ignorant person. I hope you have many hours to lounge around your swimming pool reading Andrea Dworkin and watching the world collapse around you, shit for brains.