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")
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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
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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
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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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Replying to @DemocratsCongr2 @arthur_affect and
There’s a reason the Soviet Union couldn’t just print more money to solve their famine issue.
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Replying to @DemocratsCongr2 @arthur_affect and
That's because it was a famine. Unless you import food there's no way to spend your way out of that. Putting income into the pockets of Main Street ensures the viability of the food supply and distribution channels. That's the best way to protect the economy. Not top down.
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Replying to @MTrued @arthur_affect and
Crazy thing about farmers is that they have no incentive to produce more than they need if they don’t get paid for it. If I told you that after working 10 hours a week that you wouldn’t be paid anymore, I don’t think you’d still want to work 40.
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Which is exactly why we need to pump money into the system to keep the supply chain going Nobody expected with restaurants shut down farmers should donate their produce for free, but it's not reasonable to say they should throw it away either
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Replying to @arthur_affect @DemocratsCongr2 and
My understanding is that they can't donate those products and still collect insurance on a loss. The needed gov. intervention was not provided.
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