@realDonaldTrump Congress needs to release $20Bn+ in emergency funding for the #COVID2019 outbreak, ASAP. If you want this to be treated, there need to be fast-track review processes tied to government funding into startups. You will see multiples of return on investment.
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That’s insane. I don’t know anyone asking for that much. How would you justify that expense?
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There will be likely be trillions of dollars in economic damage in the US. We are already seeing $1Tn+ damage globally. $20Bn is a sneeze in a hat. You can’t throw money at this problem alone; you must put skilled people in charge of rapid initiatives that push regulation.
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1 Trillion in wealth. I could care less what happens to those with wealth, they’ll be fine. Throwing money at *people* that are demanded to self-quarantine? Maybe. Regardless, this could’ve been avoided with 2B on a pandemic response team. I think 8B is plenty to recover.
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You realize wealth isn’t distributed like that, right? $1Tn in wealth loss impacts the Fed interest rate, leads to quantitative easing, and plunges the country into an economic crisis similar to the 2008 financial crisis. This doesn’t disproportionately affect the wealthy.
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The ‘economy’ disproportionately affects the wealthy. Yes it does. Go back and do some 21st century research on the wealth distribution.
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Replying to @SureReno @nanogenomic and
No it does not. A temporary paper loss for a billionaire does not affect him 1/1000 as much as a job loss for someone struggling mate. Most big wealth is long term holdings. Fluxuations have little impact on those people.
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Replying to @afewcrayons @SureReno and
correct. we need to provide people at the bottom of the totem pole (*the foundation!*) with way more stability. this is where our internal sense of stability has to be.
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Replying to @DanielleFong @SureReno and
I don’t believe in the government providing anything for anyone. We had that stability once. It’s called family and community. You can not abdicate that to government.
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you are absolutely right!
this is the critical thing to do — get people stable under their feet!

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