141–150 of 563 posts
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While the benefits amount to something small for cities... they've largely been the ones hit the hardest. NYC residents are more or less being ignored in these stimulus packages.
NYC residents don’t need help, if you can make it there, you can make it anywhere, and if you can’t make it, leave and free up some real estate for those who can.
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…
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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.
I don't like either and think both are largely wastes of money. In both cases there are always the very few poorest who need help from others and there are always a very few situations where we need to go to war. Would you please stop with the tu quoque now?
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…
This "economy is paused" idea is getting more and more unjustifiable by the day, weeks, and months. We're not going to emerge from this and just hit the unpause button. Yes some industries will bounce back quickly, but 9 million people over two weeks losing their jobs is an absolutely massive number, and we haven't hit peak yet. There's no way they'll just be simply rehired when this is "done".
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…
This "economy is paused" idea is getting more and more unjustifiable by the day, weeks, and months. We're not going to emerge from this and just hit the unpause button. Yes some industries will bounce back quickly, but 9 million people over two weeks losing their jobs is an absolutely massive number, and we haven't hit peak yet. There's no way they'll just be simply rehired when this is "done".
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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.
I don’t wish a bad outcome but if it happens, hopefully people realize we need a different system for healthcare.
There is wild disagreement about what a better system would be.
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Any speculations on how bad is this going to get? Should I stock up on TP, on food, or on vodka and ammo?
You know those signs we memed the hell out of last decade? They're so cliched that they don't mean anything anymore, but think of those. Keep calm and carry on You should relax. We're not the first humans to see some hardship. Everything isn't going to fall apart because the economy has a downturn. Society isn't going to collapse because of this. It didn't happen in the 1600s, nor the 1700s, nor the 1800s, nor the 19…
You know that that meme originated from a campaign designed by the British government for motivation in the face of mass bombing anticipated in England before the onset of WWII right? I think saying that "this won't be any worse than being bombed by nazis" is not a particularly motivated slogan.
> a flu won't cause it to fall apart this century either.
If you think this is just a freak thing that is happening, som e flu what will pass, then you don't understand what is happening. What we're seeing is the way this pandemic is exposing vulnerabilities in our global capitalist system.
And finally, plenty of societies of collapse in those time periods. Of course humans and societies continue to exist, but there are more an enough examples of societies that have ceases to exist and the transition is a painful process.
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I'm also hearing this morning that we've hit the 10% mark. I also heard the same economist say "The economy is collapsing, and it's a global collapse". I don't even need coffee to be alert the rest of the day...
Any speculations on how bad is this going to get? Should I stock up on TP, on food, or on vodka and ammo?
(UK already into "one large pack of TP per customer" territory, which is an improvement from bare shelves)
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And they want us to believe that it will be ok because of a $1200 check and state unemployment benefits....
And you want us to believe it will be okay if the government just "does something"? When will people quit turning to the federal government to solve their problems and take responsibility for themselves? Everyone ought to make his own decision whether to stay home or go to work and deal with the consequences accordingly.
And not so far down the line your actions have resulted in the deaths of-- say-- 80 people (including a few people who didn't die of covid19, but because they couldn't get treatment due to hospital overloads that you created). People who wouldn't have died if they weren't infected or if the infection came later when treatments were improved or hospitals weren't overloaded-- who wouldn't have died if you'd avoided creating an unnecessary exposure.
So, on that basis, since you're planning on taking responsibility for your actions, we can assume that you're prepared to pay out about a half a billion dollars (OMB values a human life at 7-9 million dollars) to the surviving families of the people your actions were responsible for killing?
I knew that there were some high rollers on HN, but I find myself surprised to encounter someone so eager to "take responsibility" for the consequences of choosing to expose other people to a deadly contagion.
I imagine most people, instead, would find it much more attractive to obey the mandated best practices and thereby be morally and legally absolved of the consequences of whatever infection they inadvertently spread in spite of those efforts. And... hopefully spare themselves an excruciating (and potentially debilitating or deadly) illness at the same time.
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Already most Americans support Medicare for all – it’s our bought elected officials who don’t.
eh. Most Americans support a public option. M4A is down to about 26% support as of yesterday. https://i.imgur.com/H9bAwV9.png
All registered voters supported M4A with ~55% (see POL19) according to a recent poll. I'm not really sure what to do with a twitter image, but I'd be interested in seeing their numbers.