This is the sad part of this whole mess. When nowhere near enough was done to stop this in its tracks as much as possible from the beginning, this is what happens. The two main issues of public health and economics come to loggerheads, and I'm really beginning to believe they're incompatible with eachother. And it makes me sick to my stomach. We reopen too fast and the case, hospitalization, and death rate WILL spike. At that point, deaths won't even happen because of the virus, it'll happen because of an overwhelmed heath system/inadequate care. And yes, while getting this isn't exactly a death sentence, more and more people without underlying issues are having sever symptoms. Who knows why. More cases inherently will translate to more hospitalizations and death, just like more testing inherently translates to a higher case count.
But on the other side of the coin, opening too slow will cause a collapse. LA County just extended their pause until August...how long do you think it'll be before riots and violence happens? When will we all wake up to that collapse and find our dollar is worth nothing and has no buying power, and mass homelessness and starvation follows? We can say there should be an economic plan in place from our "leaders" so people CAN stay home to begin with all we want, but the sad truth of the matter that almost none of my fellow progressives want to acknowledge, is that money is math and math is never wrong, just like we tout that science is never wrong. U.I. in every state is at it's breaking point. Or if they're aren't yet, they will be. The most recent relief bill was trillions of dollars...and now there's more proposals that also equal TRILLIONS of dollars of "relief" to come from...where? The sky? The millennial generation and every generation after will NEVER be able to pay that debt off, because what will happen from there is pretty sizable tax increases everywhere in an to attempt to do so, and I know NO ONE wants to pay more taxes than we need to. We already are trillions in debt with pretty much no ability to pay it off already. All these relief bills did was print money. For an emergency, yes, and it needed to happen, but it still doesn't negate what we learned in Economics 101. All printing money does, is lead to hyperinflation. The phrase throwing bad money after bad is still as relevant as it ever was, and if not kept in check, it has the ability to create massive collapses. I see many of my fellow progressives ask why the gov't was suddenly able to find the money for these relief bills but not for some sort of universal healthcare system. Y'all, we never had it in the first place. All that's been done for years, but especially since the 2008 crash, was printing money as a way to prop the system up. That is a system that eventually collapses. ALWAYS.
And DO NOT make the mistake of saying I value money more than human life. Merely trying to discuss the economic side of this isn't that at all, it's something that absolutely needs to be discussed and acknowledged for any momentum forward, along with public health. I fear for needless death from opening too soon JUST AS MUCH as I fear a total collapse and money being worthless from pauses lasting through the end of the year. I'm seeing no creative and constructive solutions from anyone. Right wing is pretending the virus isn't an issue at all and wants to play public health sacrificial lamb with us, but left wing is just wanting to, as the phrase above says, throw bad money after bad. If that recent proposal of 2,000 a month goes through, please explain where that money will come from without having to just print it and create hyperinflation? Because I haven't heard one yet.
https://www.cnbc.com/2020/05/12/jim-cramer-the-us-is-running-out-of-time-to-stave-off-a-depression.html?fbclid=IwAR1iByVfWlXAZNvEQX4YEFS-87I5WGjznF-70bngYFUiV0bC5GLy-70oUpI
^This guy is perfectly aware of the the virus's very real problems, he doesn't deny that. He's just stating that without a REAL plan of testing and isolation from the gov't we'll almost have no choice but to reopen just to to avoid Depression 2.0. Science doesn't care about our feelings, and neither does math.
Updated On: 5/13/20 at 12:46 PM