this is wow need to think about thishttps://twitter.com/maxberger/status/1240458828107386881 …
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Third is holy shit this is uncharted territory and no one knows what will happen and THAT also makes me nervous
Consolidation of small businesses? Many are run by very old people that will likely pass away or sell their business to more tech savvy owners...
"No point. Old men like me don't bother with making points. There's no point."
I’ve been saying for a while that a lockdown functionally cannot go for more than a couple of months, and this is part of why. All we can hope for is to buy a window of time to let us transition to a public health regime that’s compatible with regular economic activity.
Yeah fraud is gonna be through the roof possibly
And are we going to try to claw payments back from the people who didn’t really need it anyway? (Myself included.)
Doubt it No time for careful targeting and not really the issue Be bad for high income low wealth people and there are a fair number of those getting hosed
Can’t. The arrearages will be impossible to pay. But if it delays the reckoning that’s been coming for 87 years until we’re not in the grip of a global pandemic, that’s worth something.
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