121–130 of 563 posts
Earlier quoted context omitted.
I don’t wish a bad outcome but if it happens, hopefully people realize we need a different system for healthcare.
Already most Americans support Medicare for all – it’s our bought elected officials who don’t.
M4A is down to about 26% support as of yesterday. https://i.imgur.com/H9bAwV9.png
Unemployment benefits have been significantly expanded under the Coronavirus aid bill. The benefit amounts will sound small if you're living in an expensive city like SF or Seattle, but $600/week from the federal government and a similar amount from state unemployment insurance means that unemployment benefits can pay up to an equivalent of $50-60K/year right now. That goes a long way in most parts of the country, es…
What will the employees, in the US at least, do for health insurance? A pandemic is when you need it. These employees will be strained to pay for COBRA. I fear that we will see revolutions in countries where this is not contained, from either a health or economic perspective. An old saying is that you should buy stocks when there is blood in the streets. I hope that doesn't become literal.
==The Trump administration has decided against reopening Obamacare enrollment to uninsured Americans during the coronavirus pandemic, defying calls from health insurers and Democrats to create a special sign-up window amid the health crisis.==
[1] https://www.politico.com/news/2020/03/31/trump-obamacare-cor...
For those living in cities that are locked down, what do yall do about daycare? In NYC, my daycare isn't reimbursing fees, so we're continuing to be charged with a promise of "if insurance pays out, we'll pass it down." With 2 kids, that’s $5,000. Assuming they’re closed for 3 months total, that’s $15,000 down the drain. Now, I get that they're a small business, but their problem is that they can't exactly layoff the…
Unemployment benefits have been significantly expanded under the Coronavirus aid bill. The benefit amounts will sound small if you're living in an expensive city like SF or Seattle, but $600/week from the federal government and a similar amount from state unemployment insurance means that unemployment benefits can pay up to an equivalent of $50-60K/year right now. That goes a long way in most parts of the country, es…
Not sure why the downvotes. It’s literally true for the first time ever. The way the new benefits work out your unemployment check STARTS at the equivalent of $15/hr x 40hr/week = $600/wk. In California, for example, you can get up to $1,050/wk instead of the old maximum of $450/wk.
Earlier quoted context omitted.
I don’t wish a bad outcome but if it happens, hopefully people realize we need a different system for healthcare.
Already most Americans support Medicare for all – it’s our bought elected officials who don’t.
I hope that tech industry employees do not feel immune to this. I encourage you to take a look at your customer base and think very critically about where that money is actually coming from.
Earlier quoted context omitted.
You should check the numbers coming out of Italy. It’s not 1% if the medical system is overwhelmed. Moreover, you do realize that’s 3 million dead in the US alone?
It's also not the reported number in Italy. The sources of error in the data are enough to make the data fairly meaningless. 1. We have no idea how many people were infected 2. We have no idea how many people who have died died from Covid 19 3. The population pyramid in Italy is extremely disparate from the rest of the world. The medical system being overwhelmed is a portion of the contribution, and what it means to…
For those living in cities that are locked down, what do yall do about daycare? In NYC, my daycare isn't reimbursing fees, so we're continuing to be charged with a promise of "if insurance pays out, we'll pass it down." With 2 kids, that’s $5,000. Assuming they’re closed for 3 months total, that’s $15,000 down the drain. Now, I get that they're a small business, but their problem is that they can't exactly layoff the…
The best situation all around here possibly is the concept of "Kurzarbeit", or short work system, that exists in Germany (Denmark also has a similar one, I believe). It basically allows employers to reduce hours they pay workers, while the gov't helps cover the shortfall to the employee, up to some maximum amount. This prevents companies from having to layoff people, and allows them to pickup the slack and rehire eve…
Earlier quoted context omitted.
Yes, the federal government is providing more stimulus juice (one time cash payment and unemployment top up), but no, it is absolutely not going to be enough for the economic challenge we're facing.
You say that with such conviction when you don't have any better info on what the future holds than anyone else. The unemployment benefits (which for many of the unemployed will actually be higher than their regular pay) last for the next four months. If the quarantine lifts by the end of May and businesses reopen then it will be enough. Obviously that's a big if, but for you to come out here and act like you know so…
> If the quarantine lifts by the end of May and businesses reopen then it will be enough.
> Obviously that's a big if
Show your work. Forecasting does not align with your statements.
Earlier quoted context omitted.
It's weird how the national debt is only a problem when the proposal is helping ordinary people and never a problem when the proposal is to go to war overseas.
12.5% of the $2T is "helping ordinary people". And some of us have been teargassed protesting wars..
