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Old 04-03-2020, 05:42 PM   #1032
sebastian_dangerfield
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Re: Objectively intelligent.

Quote:
Originally Posted by Adder View Post
We need to run a roughly $20 trillion deficit this year (or otherwise have the Fed print basically that much money), with the government covering pretty much all obligations. If we can't have an economy because we have to stay home, the government needs to be the economy.

I understand that most of Europe has essentially done this, with the government cover all or much of payrolls while people can't work.
Why not just giant freeze for 60 days? Why does it have to be a fix that keeps all the gears rolling?
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