Bailout / Stimulus Discussion (Hints Missed & Shartz Fired)

Expect weeks to months of election result uncertainty. I would be surprised if election day is conclusive.

Can you blame them? Society almost collapsed in March because of toilet paper panic.

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More of a reason to get blitzed

They’re probably basing it on how many are going to be shut out in comparison to the original version.

Doesnt make sense to me at all. They have 44 billion divided by 40 million on unemployment is $1,100 per person or a lil over 3 weeks of $300 a week.

Unless I’m missing something

No gig workers and no low income workers

The reduced aid would run through December 6, until the $44 billion allocated to the program is depleted, or until Congress passes new federal unemployment benefits legislation, whichever occurs first.

Its going to run out first. $44 billion is enough for 4-5 weeks. And people are glossing over the logistical hurdles, which are significant.

I wish I shared all your optimism.

So that’s what 30 million?

Obviously that’s super fucked up but not surprising.

Still only seems enough for 4-5 weeks. And where Is the money for the states to implement this? Will they have to take it from the 44 billion?

I’d guess it is half that or less based on how long they think they can make it go.

I think the next 6-12 months will be the worst anyone alive today has ever lived through. I also think that the recover will be long and slow. I also think that will have major ramifications politically.

Walk me through how Trump’s behavior with the Coronavirus has been less irresponsible and obviously disastrous than Hoover and his federal reserves behavior in the aftermath of 1929. The obvious answer is that it isn’t and is in fact much worse and much easier to lay at his feet. That’s why every right wing person anyone knows is frothing at the mouth right now. Cognitive dissonance isn’t fun and they are resisting it as hard as they can.

All I know is that IRL the deplorables that I interact with are consistently still detached from reality and still all aboard the Trump train. After everything that’s happened already, I can’t imagine exactly what’s going to change that now.

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If we assume the ultra poor and minorities are going to take the brunt of the damage then the vast majority of MAGA morons will not only be spared but they will get what they have always wanted.

I don’t know that this fits given the level of empathy widely demonstrated on this board. I imagine most posters are speculating about the political impacts because they are aware of others’ suffering and are looking for reassurance that it will someday get better.

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Everything bad about the coronavirus is going to ^2 or something very close to it. The country has been cushioned so far by a giant bonfire of printed government money… but that’s about to end and with that the dominoes will start falling systemically.

Sorry, I see a lot of ‘these people need to be homeless or die’ so we can have a long term victory. That seems like the opposite of empathy to me. I’m also quite dubious this would be their stance if they were in the group about to be crushed by this. That’s what I mean by privilege.

Fair enough. I misunderstood you as referencing the “things are going to be bad but hopefully we get a win out of it” posts, as opposed to the “let’s make things bad so we can get a win out of it” posts.

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The Democrats are the country’s giving tree. We just keep giving branches to the GOP and we’re down to the fucking stump.

We all know what’s happening to relief efforts on November 4th if the GOP controls either house of congress or the presidency. They’re ending, full stop.

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I think where you’re struggling to catch up is that you think these people can be saved, or ever could be saved with the political calculus on the GOP side. There was no deal to be had that would have saved any meaningful number of these people… and every single person we saved short term would have been replaced 10x by future losses.

It sucks that we’re here, but this is where we are… the trolley problem. Most of the people ITT are with me and would pull the lever to kill the one person instead of the 5 instantly. Pulling that lever isn’t killing one person it’s saving four. Not pulling the lever isn’t saving one person it’s killing four.

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You’ve already said you’re a take no prisoners negotiator no matter the cost, especially when working with bad faith negotiators (GOP), so I don’t think you’re representative of the population at large and are looking at this through that lens. There’s no empathy behind that lens and I’m sure you’d agree with that.

And I think you’re wrong about the earlier relief package saving people. That $600 and eviction moratorium absolutely saved a ton of people who would have been lost otherwise. It also allowed people to protest when they wouldn’t have done that if it hadn’t been there.