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Response to Polybius (Reply #24)

Thu Mar 26, 2020, 09:08 AM

25. Because it targets employers and keeps them afloat, with oversight

(the oversight much like it was in 2008/09, so that's not a huge innovation)

But it sends money to workers.

It does not send money to state governments, it's not a government bailout.

But if airlines go under, for instance, that's hundreds of thousands of jobs that won't easily come back until they exit bankruptcy, somebody scrapes together the money, equipment, and expertise to recreate those structures. Which will involve not just recreating the structures, but also getting certification and licensing in various ways, and reestablishing *their* supply chains that'll have been inactive for months.

The economy is like an elephant, and very few of us see anything more than perhaps part of a foot, a bit of the tail, a small portion of ear or perhaps part of a trunk. And then each says the economy is in its entirety merely a foot, a tail, an ear, or a trunk and all the talk of other things are just lies (and that odd animal sound or lumps of brown, warm stuff ... who can figure out what *those* are?).

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Arrow 26 replies Author Time Post
turbinetree Mar 25 OP
Afromania Mar 25 #1
EarthFirst Mar 25 #6
DENVERPOPS Mar 25 #13
mpcamb Mar 25 #21
DENVERPOPS Mar 25 #23
DENVERPOPS Mar 25 #15
EarthFirst Mar 25 #17
Igel Mar 26 #26
bucolic_frolic Mar 25 #2
sabbat hunter Mar 25 #3
enough Mar 25 #4
EarthFirst Mar 25 #5
customerserviceguy Mar 25 #7
EarthFirst Mar 25 #8
customerserviceguy Mar 25 #9
Princess Turandot Mar 25 #11
I_UndergroundPanther Mar 25 #10
Post removed Mar 25 #12
McCamy Taylor Mar 25 #14
DENVERPOPS Mar 25 #16
tclambert Mar 25 #20
Thekaspervote Mar 25 #18
rockfordfile Mar 25 #22
Evolve Dammit Mar 25 #19
Polybius Mar 26 #24
LineLineNew Reply Because it targets employers and keeps them afloat, with oversight
Igel Mar 26 #25
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