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Old 03-28-2020, 07:15 PM
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David Peck
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Join Date: Nov 2013
Location: Orlando, FL
Posts: 1,074
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Quote:
Originally Posted by Shoeless Moe View Post
"The government cannot print enough money to pay for the carnage that will happen if the economy remains shut down. This isn’t about rich people and corporations losing what they can afford to lose, it’s about ordinary Americans whose well-being and existence and families depends on a job.We need to move to Plan B here. Plan A, this rolling series of soft lockdowns, doesn’t seem to be working anyway given how many people defy them.Ultimately we may need to be a little callous about lives lost, but it’s not like we don’t do that every single day in many many contexts that the press doesn’t cover.I looked it up. Half a million people in the US die from tobacco each year. Think about it."

There isn't enough money on the planet to keep the economy shut down for months. It is just math.

I live in Orlando and there are so many service jobs here. You can't keep them from getting a paycheck for months. The whole system will blow up.

If Disney goes south sure it hurts their stock holders but there are worker bees on the ground whose lives depend on that paycheck. If it doesn't come in their rent doesn't get paid. The apartment complex or landlord doesn't have cash flow coming in and next their debt doesn't get paid. Then the person holding that paper doesn't get paid. And on and on.

It isn't about propping up the stock market. It is about our economy is driven by cash flow and when that stops you start having problems immediately.

There is no choice at some point very soon to loosen things up and once it again it is just math and while this won't satisfy all it just is how things will have to be.
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