|
Can I speak to the effect rather than my opinion on it?
In many ways, it's self-fulfilling. Businesses that might have tried to make a go of it to give them a running start when the economy kicks back up will really have no choice but to close up shop. With their employees all eligible for significant support from the government and with the ability to forego any/all payments on outstanding obligations, they'll have no problem laying them off.
I'll be honest, in many ways that would be easier for us. But it would make getting this economy back off the ground in any sort of timely matter incredibly difficult.
You're talking about a true halt to the private economy and an almost completely government funded country for an extended period of time. ESPECIALLY if they define 'pandemic' via the WHO, who will continue to monitor the global spread rather than simply its impact on the United States. That label could stick for a year or longer.
I mean...that thing is truly a kill switch for the economy.
__________________
"If there's a god, he's laughing at us.....and our football team..."
"When you look at something through rose colored glasses, all the red flags just look like flags."
|