Surely the market shall provide, and if it doesn't provide at your offered price, the answer is wonderfully clear? Pay. More.
Surely the market shall provide, and if it doesn't provide at your offered price, the answer is wonderfully clear? Pay. More.
Even progressives are stuck in a Stockholm syndrome like thought process for this stuff. People pitch stupidity like UBI over paying an honest days wage for an honest days work.
The US govt and Joe Everyman cannot.
also the ppl payed to stay at home are mostly not working-class.
That's not relevant.
> also the ppl payed to stay at home are mostly not working-class.
Citation?
it serves to disprove your misleading implication that free markets were destroyed by the goverment paying ppl to stay at home.
> Citation?
look around
Supposedly it moved large swaths of kids out of poverty. If that’s the labor companies we’re counting on using…
[1] https://www.sba.gov/funding-programs/loans/covid-19-relief-o...
In fact the market has been levelled. Before workers needed to work to eat whereas business only needed to hire if there was a chance of a profit.
Now both sides have a “no deal I’ll wait” option.
No, only the workers do. The companies will go out of business without workers, but the "workers" (should we even call them that if they choose not to work?) will live off of our tax dollars through our safety net programs without jobs.
Isn't that what we want?
Always remember that money doesn't stop at its first use.
The megabanks didn't crash the world economy, they assisted as role players. The Fed's artificially low interest rates - an attempt to try to dodge a harsher recession after 9/11 and the dotcom implosion - primed a massive real-estate bubble that inevitably had to collapse. Just as the Fed has once again primed the massive asset bubbles in the US (both stocks and housing) by holding rates artificially low for far too long to try to spur fake economic growth.
83% of the value of all the 2020-21 Paycheck Protection Program loans were forgiven as of December 19th, 2021 [1]. That's a total value of $653,038,613,899. That's nearly as large as the 2008 bailouts. Even that doesn't tell the whole story because 94% of the 2020 loans alone were forgiven, and 2021 is on track to meet it.
[1]: https://www.sba.gov/sites/default/files/2021-12/2021.12.19_W...
I'd love a sane economy where the government isn't distorting the market with trillion dollar stimuli and artificially low interest rates. But we haven't had that for many decades! Spending on social programs isn't some brazen giveaway, rather its mitigation for the ill effects of extreme giveaways to the financial industry that "both" parties solidly agree on.