Live data from Hacker News

Nearly 8M Americans have fallen into poverty since summer

washingtonpost.com

201–210 of 273 posts

Re: Nearly 8M Americans have fallen into poverty since summer

#201
post #185
post #134

Earlier quoted context omitted.

Sure! First you will have to support your claim that they do so.

Before the current crisis Germany had several years of budget surpluses.

...and the other member states had significant budget deficits. It is unhelpful to look at countries in isolation because the Euro is what ties all their fiscal policies together.

Re: Nearly 8M Americans have fallen into poverty since summer

#202
post #193

Earlier quoted context omitted.

... I referenced very specifically which part to me is Randian. The sentiment that if we give people free money they will be lazy and sink into a life of dependence.

>... I referenced very specifically which part to me is Randian. The sentiment that if we give people free money they will be lazy and sink into a life of dependence. I'm not GGP who argued against UBI. Nor did I make any argument for or against UBI. And I didn't make any argument even approaching "if we give people free money they will be lazy and sink into a life of dependence." In fact, my argument was that if we…

Well that wasn't made clear.

I was reacting to:

> We'd just see people with no incentives continue down the road of poverty.

Why would you reply to my comment defending your stance as if I had challenged it? Why are you injecting yourself into that conversation if you're not supporting the claim that I explicitly referenced, and making it look like you're replying to the things I'm saying by quoting me directly?

Re: Nearly 8M Americans have fallen into poverty since summer

#203
post #193

Earlier quoted context omitted.

>The only way they can be different is if you think economic output would be significantly different if people weren't "forced" to work by making wages the only avenue of income. I do think economic output would be significantly different, regardless of how you "spread it around." A broader base of consumers will consume more. A broader base of entrepreneurs will expand economic development. Spreading the money aroun…

... I referenced very specifically which part to me is Randian. The sentiment that if we give people free money they will be lazy and sink into a life of dependence.

>Well that wasn't made clear.

>I was reacting to:

>> We'd just see people with no incentives continue down the road of poverty.

>Why would you reply to my comment defending your stance as if I had challenged it?

I can't reply to comment that contains the above, so I'll do so here.

Where did I say anything even remotely approaching "We'd just see people with no incentives continue down the road of poverty."?

I wasn't "defending" anyone or anything. I am not the user who posted the comment[0] you replied to.

And it seems strange that you found my comment adversarial, as it was at worst orthogonal to yours.

Upon reading the your reply to djsumdog's comment, I thought I'd add my own (related, and I thought, relevant) thoughts to the discussion.

Is that not kind of the whole point of this site?

[0] https://news.ycombinator.com/item?id=25446323

Re: Nearly 8M Americans have fallen into poverty since summer

#204
post #194

Earlier quoted context omitted.

That's not the only choice. Focusing protection on the vulnerable while allowing the rest of society to function could've spared us both from the worst of the pandemic's destruction and the economic destruction -- "economic" is a bit of a misnomer too. There is a greater cost to lockdowns than just economics. Mental and physical health also suffer. Those that can't get preventative care they need suffer. Depressed pe…

> That's not the only choice. Focusing protection on the vulnerable while allowing the rest of society to function could've spared us both from the worst of the pandemic's destruction and the economic destruction -- That's an unrealistic idea. You can't have unchecked community spread and "focus protection on the vulnerable," without literally imprisoning them in an isolation bubble for a year or more , which is far…

I'm not sure why you're being downvoted. The idea that you just throw away all precautions "except for the vulnerable" is complete nonsense as you pointed out. Every healthy person who has the virus is a danger for the vulnerable.

Re: Nearly 8M Americans have fallen into poverty since summer

#205
post #164

Earlier quoted context omitted.

Given a virus that requires hospitalization at a certain rate, there is a certain point where the hospitals end up overrun for all other activities. In an effort to stave off that danger, local governments enacted lockdowns with the intent of reducing the spread of the virus. The virus, in the United States, has an established death rate of around 1.5% and a hospitalization rate higher than that. It also experiences…

The established death rate in the US is nowhere near 1.5%. Best current population IFR estimate is somewhere in the 0.6% range. That's bad enough, no need to exaggerate. https://www.medrxiv.org/content/10.1101/2020.12.11.20209627v...

I wasn’t.

https://covidusa.net/

Re: Nearly 8M Americans have fallen into poverty since summer

#206
post #193

Earlier quoted context omitted.

... I referenced very specifically which part to me is Randian. The sentiment that if we give people free money they will be lazy and sink into a life of dependence.

>Well that wasn't made clear. >I was reacting to: >> We'd just see people with no incentives continue down the road of poverty. >Why would you reply to my comment defending your stance as if I had challenged it? I can't reply to comment that contains the above, so I'll do so here. Where did I say anything even remotely approaching "We'd just see people with no incentives continue down the road of poverty."? I wasn't…

I mean, kind of, but the style of quoting at the head of your comments is typically used on this site to address specific points as part of a back-and-forth, not just "I'm introducing my own thoughts to this discussion, divorced from the course of conversation this has followed so far." You don't need to quote the comment you're replying to because your reply hangs off my comment already.

If you had posted your comment without that header I would not have immediately thought you were part of the conversation, and instead taken the comment as an aside and not a direct reply.

Re: Nearly 8M Americans have fallen into poverty since summer

#207
post #198
post #61

Earlier quoted context omitted.

You appear to be laboring under a misconception. The responsibility to act on public health measures has always been primarily at the state and local levels. Under our federal system, the federal government doesn't even really have legal authority to order lockdown measures. Granted the federal response has been an appalling mix of corruption and incompetence, but the federal role is mostly just advisory anyway. Stat…

> State governments have the power to pay people to stay home. They might have to shift funding from other areas or raise taxes in order to do so. But they don't have the money to do so. Plans like that require deficit spending, which the federal government can do but the states can't. Your alternative suggestions are not serious ideas. Do you really think the states could find the money to pay people to stay home by…

I am seriously suggesting that if states want to pay people to stay home they should find the money by cutting other spending, selling assets, raising taxes on the wealthy (households with an income over about $200K who didn't receive a stimulus payment in the first place), and issuing general obligation bonds. Some states have legal restrictions on those things but those are entirely self imposed and can be removed without any federal intervention. It's time to make tough decisions and decide what to prioritize rather than pretending we can have it all and letting future generations deal with the consequences.

Re: Nearly 8M Americans have fallen into poverty since summer

#208
post #78
post #17

Earlier quoted context omitted.

The blame for the situation lies squarely at the feet of the state and local governments. The federal government didn't force any businesses to close. There is a huge variance between states in pandemic control measures. If businesses are still open in Florida then why should Floridians pay federal income taxes to subsidize closed businesses in California? And states do have options for funding relief at the state le…

> why should Floridians pay federal income taxes to subsidize closed businesses in California? Because Florida benefits immensely from supporting a state which has, if it were a country, the 6th highest GDP in the world. The economy in Florida would be heavily affected if California left the union. Your question is basically like asking "why do federations exist?"

No one has seriously suggested seceding from the union. The survival or bankruptcy of some small businesses in California has very little impact on Florida.

Re: Nearly 8M Americans have fallen into poverty since summer

#209

Earlier quoted context omitted.

You are that saying herd immunity would be the only option?

Herd immunity is the end-state (with or without a vaccine) not some policy option to pursue. It is what will eventually happen. The trick is getting to that end-state with the least amount of damage incurred. I would've advocated for something more closely resembling: https://gbdeclaration.org/focused-protection/

In my country (Scotland) the 45 - 64 age group has occupied the most hospital beds during the pandemic:

https://www.travellingtabby.com/scotland-coronavirus-tracker...

Scroll to “Hospital Admissions by Age Group” and select total.

So that would involve shielding everyone 45+ to protect hospital capacity in an unrestricted “shield the vulnerable” scenario.

Re: Nearly 8M Americans have fallen into poverty since summer

#210
post #164

Earlier quoted context omitted.

The established death rate in the US is nowhere near 1.5%. Best current population IFR estimate is somewhere in the 0.6% range. That's bad enough, no need to exaggerate. https://www.medrxiv.org/content/10.1101/2020.12.11.20209627v...

I wasn’t. https://covidusa.net/

No, you were. Please stop spreading misinformation about a serious subject. You appear to have confused case fatality rate with the population infection fatality rate. CFR is largely meaningless because so many infections are never counted. Look at the results from antibody seroprevalence studies.
Post reply on HN