Oil producers are shutting off their wells and smaller companies will start going out of business. Once demand comes back there may not be the supply to fill it. And you’re helping me with my argument saying people need to be working for an economy to work.
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Wow, almost like this is a problem you could solve by printing money to pay those producers to stay solvent (Same shit as ever, this is why people were outraged at FDR "paying farmers to plow their crop under")
2 replies 2 retweets 23 likes -
Replying to @arthur_affect @DemocratsCongr2 and
We have two obvious problems 1) You can't go outside and keep working like normal without getting sick 2) People, at all levels of the economy, need to keep getting *paid* like normal or the system will break down and not be there after the plague is over
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Replying to @arthur_affect @DemocratsCongr2 and
One side is saying you can short circuit this apparent dilemma by "paying people to do nothing", keep as much of the system going as possible *except* for the part where people actually do the jobs that get them exposed to the virus
1 reply 2 retweets 23 likes -
Replying to @arthur_affect @DemocratsCongr2 and
Other people are so horrified by this solution that they'd prefer to just pretend problem 1) doesn't exist at all The only way to keep the farmers farming and so forth is to actually still have the restaurants open like normal, everyone getting infected, and bodies piling up
1 reply 2 retweets 25 likes -
Replying to @arthur_affect @DemocratsCongr2 and
We'll see which one ends up working out, although I suspect once the second wave of deaths hits full swing you'll find persuading people to still go eat at those restaurants is harder than you expected
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I agree that it’s a complicated issue with no easy/clear answer, especially in the long term. But destroying the lives of 10s of millions of people is a tough sell. Especially when the ones making those decisions have their jobs well secured.
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Replying to @DemocratsCongr2 @arthur_affect and
Printing money doesn’t provide things we need to live. By saying that we expect “essential” workers to work while everyone else can stay home and still get paid doesn’t sit right with me. Essential workers are risking their lives so everyone else can sit on their ass.
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The essential workers do not in any sense benefit from opening everything back up, the less social distancing you have the more risk you pile on essential/frontline workers with every interaction
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Economic growth has saved more lives than medicine by an order of magnitude. So I’d say that an improved economy is pretty beneficial to everyone. You can’t even get cancer screenings done right now. Tell me how that’s saving lives.
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Your stupid platitudes about "growth" and "incentive" have absolutely nothing to do with material reality, and the idea that letting people get haircuts from stylists again etc has anything to do with the material foundation of the economy is pure delusion
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Replying to @arthur_affect @DemocratsCongr2 and
This is what I was saying, that the fact of the matter is this ideology is bullshit, most jobs are bullshit, the real economy and the paper economy have almost nothing to do with each other, and what they're actually terrified of is people realizing this fact
1 reply 3 retweets 21 likes - Show replies
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