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#71
Apr 15 2020 10:31am
Quote (Black XistenZ @ Apr 15 2020 11:27am)
you cant lesiglate away the costs of shutting down the economy. someone will have to pay for all of this in the end, be it via inflation or currency reform or depressed wages or cuts to government services and entitlements.
similarly, you cant legislate away the loss of many jobs and businesses. a ton of jobs and businesses in the hotel, tourism, restaurant and event industries will be lost, most likely permanently. the young family who had just opened their small restaurant a couple of months ago and put all their savings into it - if the shutdowns go on for too long, they will lose everything, go out of business, and not try again anytime soon.

what most people dont understand is that not only the coronavirus case numbers, but also the damage to the economy are growing exponentially. like I said: this is a very difficult and complex tradeoff, and I dont envy decision-makers who have to deal with it.


Yep, the entire stimulus plan the world is taking is basically opting to pay for it through inflation rather than a loss of 1/3 of their small business. The stock market numbers will stay largely the same if you ignore the fact that the money is now worth 5% less.

However this is better than losing 1% of your population, and losing that 1% of growth in the future. In the long-term a 5% hit now is better than a 1% loss in growth every year from now
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#72
Apr 15 2020 10:54am
government relaxations on land taxes, building permit costs, other forgivenesses for overhead costs and such.. that's fine. but don't support islam
this isn't a question of funding religious enterprises vs not funding religious enterprises
this is the holy war that never ended and islam shan't be funded nor promoted nor tolerated in any form
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#73
Apr 15 2020 11:09am
Quote (Black XistenZ @ Apr 15 2020 11:27am)
you cant lesiglate away the costs of shutting down the economy. someone will have to pay for all of this in the end, be it via inflation or currency reform or depressed wages or cuts to government services and entitlements.
similarly, you cant legislate away the loss of many jobs and businesses. a ton of jobs and businesses in the hotel, tourism, restaurant and event industries will be lost, most likely permanently. the young family who had just opened their small restaurant a couple of months ago and put all their savings into it - if the shutdowns go on for too long, they will lose everything, go out of business, and not try again anytime soon.

what most people dont understand is that not only the coronavirus case numbers, but also the damage to the economy are growing exponentially. like I said: this is a very difficult and complex tradeoff, and I dont envy decision-makers who have to deal with it.


its all about the value of a dollar, and how many stilts via inflation you're willing to make to prop up the economy.

as it is the US in MANY states has taken a much more lax approach to forced closures of business sectors than most other 1st world nations. people who are doom and gloom need to take a look at 2 things:

1. how much more we could have closed by force
2. how much loss we could have mitigated via stopping spread by closing more

it's easy to assume it's a simple calculation of losses over time, but the fact is by staying semi open we're also prolonging how long non essential sectors will need to remain closed. we keep bullet manufacturers and menards open so that we can keep restaurants closed an extra 2-4 weeks. its a balancing act, and trump just told governors to do w/e the fuck they wanted. he wanted interested in balancing anything personally.
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#74
Apr 15 2020 11:18am
Quote (Thor123422 @ 15 Apr 2020 18:31)
Yep, the entire stimulus plan the world is taking is basically opting to pay for it through inflation rather than a loss of 1/3 of their small business. The stock market numbers will stay largely the same if you ignore the fact that the money is now worth 5% less.

However this is better than losing 1% of your population, and losing that 1% of growth in the future. In the long-term a 5% hit now is better than a 1% loss in growth every year from now


The 1% population loss would not be evenly distributed. From an extremely cynical perspective, one could argue that the vast majority of lives lost would come from old and/or sick people who arent productive anymore. That's a callous way of looking at it though.

Paying for it through nothing but inflation would be highly unfair btw. Inflation means that the lower and upper middle class would pay for the bulk of it, while the really rich get away unscathed.

This post was edited by Black XistenZ on Apr 15 2020 11:18am
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#75
Apr 15 2020 11:22am
Quote (thesnipa @ 15 Apr 2020 19:09)
its all about the value of a dollar, and how many stilts via inflation you're willing to make to prop up the economy.

as it is the US in MANY states has taken a much more lax approach to forced closures of business sectors than most other 1st world nations. people who are doom and gloom need to take a look at 2 things:

1. how much more we could have closed by force
2. how much loss we could have mitigated via stopping spread by closing more

it's easy to assume it's a simple calculation of losses over time, but the fact is by staying semi open we're also prolonging how long non essential sectors will need to remain closed. we keep bullet manufacturers and menards open so that we can keep restaurants closed an extra 2-4 weeks. its a balancing act, and trump just told governors to do w/e the fuck they wanted. he wanted interested in balancing anything personally.


Honestly, the governors have a better idea of the situation in their state than the federal government, and I would assume most of them to handle it better than Trump himself ever could. The more he delegates to the governors, the better.
Btw, what are "menards"? oO
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#76
Apr 15 2020 11:28am
Quote (Black XistenZ @ Apr 15 2020 01:22pm)
Honestly, the governors have a better idea of the situation in their state than the federal government, and I would assume most of them to handle it better than Trump himself ever could. The more he delegates to the governors, the better.
Btw, what are "menards"? oO




The problem with governors, is that they are ofc, biased towards their own state.

Look at the Florida governor's recent decisions.

1. Beaches open for spring break.
2. Churches allowed to have people congregate there.

Some governors are on top of things, some are insane. This is WHEN the FED should jump in.
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#77
Apr 15 2020 11:29am
Quote (Black XistenZ @ Apr 15 2020 12:22pm)
Honestly, the governors have a better idea of the situation in their state than the federal government, and I would assume most of them to handle it better than Trump himself ever could. The more he delegates to the governors, the better.
Btw, what are "menards"? oO


menards = home improvement store.

i dont want strict rules from the Fed, but a general overview of potential sectors to keep open, what to close, timelines, etc. instead it was "we'll be open by easter, i hope, buy your own supplies, but also we're outbidding you, so sell us on why you need them and we can get them to you right away." etc. he's flying by the seat of his pants, doing daily press conferences, then sending Pence up to say "i just got off the phone with the state governors last night" every day with very little specifics.

Quote (Ghot @ Apr 15 2020 12:28pm)
The problem with governors, is that they are ofc, biased towards their own state.

Look at the Florida governor's recent decisions.

1. Beaches open for spring break.
2. Churches allowed to have people congregate there.

Some governors are on top of things, some are insane. This is WHEN the FED should jump in.


god fucking damnit...... i agree

This post was edited by thesnipa on Apr 15 2020 11:29am
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#78
Apr 15 2020 11:30am
Quote (LA-Leviathan @ Apr 15 2020 02:10am)
I'm not even conservative, I am just right of Hilter. I am very much not angry, I don't need to be angry to make arguments, or even to make fun of you and mock you. I don't see it as us vs them because there is no us or them. I just hate shitty people and lefties are shitty people.


are you really this dumb?
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#79
Apr 15 2020 11:32am
Quote (duffman316 @ Apr 15 2020 12:30pm)
are you really this dumb?


nah, he got mad, went on tilt, got 20%'d, and will come back in a month saying he did it because he didnt care. meanwhile he'll read pard all day while gone. what a loser. my bet is he sought out 20% so he could stop himself from posting, no self control u see.

This post was edited by thesnipa on Apr 15 2020 11:32am
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#80
Apr 15 2020 11:45am
Quote (Black XistenZ @ Apr 15 2020 12:10pm)
People are losing their jobs or business. These shutdowns are pushing thousands of people into poverty. There are real, and complex, tradeoffs in this. A simplistic "how can you put money or your personal amusement above human life" doesnt do it any justice.



Perhaps he's one of those deranged guys who genuinely believe that Hitler was a socialist and thus far-left. :rolleyes:


Government intervention friend

Thought I read trump is holding up the payments to make sure his name appears in the cheques
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