White house considering to give $1,000 per month to all Americans During coronavirus

gaussian said:
We have given the market 1.5T in taxpayer money.

Who's more important? A corporation or the people who work for it? I think most people with say a corporation can't exist without workers. Therefore, a bailout should be in order for the people before the corporation.
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It's all about perception though, bailing out the corporate companies as opposed to directly the people has worked at least as far as temporarily slowing down the inevitable. Sure, there's no way to know but it's plausible giving money directly to the people may have change perception enough to where things were to fall apart sooner (not debating whether that would be good or bad at the moment).

You're thinking about it after the fact in a linear way, and you're not really wrong at face value, I can see logic in what you're saying. But if you dig deeper into, you can start to potentially see why that wasn't the path they were going to take. They don't necessarily care about you or the public... people act in there own self interest.
 
gaussian said:
We have given the market 1.5T in taxpayer money.

Who's more important? A corporation or the people who work for it? I think most people with say a corporation can't exist without workers. Therefore, a bailout should be in order for the people before the corporation.
More...

You presuppose the fact that we need to print money to bailout anyone....statism is something so ingrained in people. We don't need to be a dependent on a nanny state Everytime shit hits the fan...Everytime something happens people give up rights and allow the state to further control their lives. Then someone screams "you don't care about people , you want them to die!!" When you bring any common sense to the table
 
The governments around the world are acting like we're all screwed. They're either idiots or they know something we don't.
 
cdcaveman said:
You presuppose the fact that we need to print money to bailout anyone....statism is something so ingrained in people. We don't need to be a dependent on a nanny state Everytime shit hits the fan...Everytime something happens people give up rights and allow the state to further control their lives. Then someone screams "you don't care about people , you want them to die!!" When you bring any common sense to the table
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Then why have a government at all? Are you supposing anarchocapitalism has actual viability in a population size greater than a small commune?

I am not for big government. I am for governments doing their principle job - to protect the welfare of their citizens in an unprecedented national emergency. If your citizens suffer, who do you have to govern anyway?
 
Small gov great...which means no trillion dollars bailouts every 10 years ....what happens to the building of solid good markets when funny money becomes the norm...all confidence is lots...this is a historical fact
 
Something approaching $1.5T lost corp tax revs since the tax cut. The most regressive tax cut in our history. We are in a deflationary spiral and probably the only way to counter the trend is via temporary UBI.

Zero fucks given to a payroll tax cut. This IS unprecedented. None of us had to alter our lifestyle to deal with Swine Flu or Zika. Streets are empty. Stores are closed.
 
Alternatively, a moratorium on all personal debt payments for six months and back-stop the issuers. It's a lot easier to pay a few thousand finance cos then distribute to every individual. It's progressive as people with zero debt can borrow and those with high debt levels can focus on necessities.
 
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