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Yea, heaven forbid that we help deal with an emergent health crisis that is wrecking the economy by ensuring people are able to put food on the table if they stay home to get it contained without first tabulating the cost. We can gift trillions supporting the MIC and on corporate tax giveaways but spending a small fraction of that amount to (literally) save lives during a national health emergency? GOP takes a hard pass.
There isn't much that the President can do when a global virus crashes the stock market.
It is depressing but you just have to ride it out.
I really would not put it past evil racist totalitarian China to have released the disease to damage Trump, due to how he hurt them economically with tariffs and so they try to effect our elections.
I was talking yesterday about the thought that the government could take steps to nudge employers whose attendance policies will cause workers to go in even if they're sick... Then I read on the news that Congress already tried pretty much EXACTLY what I was thinking of, and the Republicans already shot it down.
OK then.
The problem is, CV-19 isn't the only thing that will give you a cough. And I know that people are not going to risk losing their jobs at worst, and their pay at least, over every sniffle that comes along during this time-frame. Putting myself in their shoes, remembering when I used to go to work sick because my sick days had to be held in reserve for when (not if) my small children got sick back then, as small children often do... If I were in that situation and also had to worry about their schools closing? Yeah, I'd be going to work. I'm just lucky now that I have a job that isn't like that and my kids are older. But I remember what it was like.
In order to get people to really heed that and stay home, employers SHOULD ease up their sick policies at this time. But will they? Without Uncle Sam telling them to? I have my doubts. Some will. Plenty won't.
And I responded to your post as I will again. Small businesses, which employ most Americans, simply can not afford to expand sick leave pay to all those who are going to need it. They do not have the capital on hand to pay that and will not have money coming in without workers and contracts. Simply ordering them to do so, would put them out of business and there would be no sick pay and no jobs to come back to when this all ends. Small business owners (employers) need relief too. Relief does not mean SBA loans. That is just more debt on the ledger. Ideally, the government pays them to pay their employees. Debt of course, but we could set up a national trust fund and borrow at what are basically "free money" rates with a tax to pay it back when the crisis passes.
Is there a scientific, medical or fact-based reason for exempting the U.K. from the European travel ban? Or is this a backhanded swipe by Trump at the EU?
There isn't much that the President can do when a global virus crashes the stock market.
It is depressing but you just have to ride it out.
The stock market looks at the economic impact of the virus.
Its down today and yesterday because there is no coherent economic strategy to deal with the virus. The travel ban compounds that. And that is on Trump.
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