Large parts of the economy are going to have to be off-and-on sub-par until a vaccine is found or the virus burns out -- shut down for months, re-activated, and then shutting down again. The best solution for the wealthy countries is probably an emergency UBI, funded by debt.
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There’s no way this doesn’t impact the practicalities of the election in November, right?
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It makes sense and is honestly easier, more effective and cheaper than other economic salvage ideas. Question is how to end it.
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dumb question: if it's something that is useful during a crisis, what specific aspects of it make it a liability when not in one
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costs, disruption, logistics
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Problem is, if everything is shut down, people won't be able to buy anything anyway
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That's why he said "large parts of the economy."
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This is...about to become "normal circumstances"
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What are people supposed to buy with it if nobody is working the stores? Or are you saying that only knowledge economy people should get off work?
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If you're at a point where UBI seems reasonable, you might want to look around to precisely which jobs are required to provide universal basic services. Just the basics could be provided by a surprisingly few people.
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Yeah it's not the time for kludge
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A term recently repopularized by podcast Hear the Bern
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