Update: the 95 yr old I was talking about last night was put in a regular room instead of icu last night after taking the drug trump is talking about.... Still not out of the woods yet but they were expecting much worse this morning.
Lots of kids are taught from an early age to have additional funds/provisions in a time of emergency or loss of income. Shouldn't large billion dollar corporations or companies do the same?
Lots of kids are taught from an early age to have additional funds/provisions in a time of emergency or loss of income. Shouldn't large billion dollar corporations or companies do the same?
If he's saying we should not routinely bail-out companies of any size and that we have a century of bankruptcy process for companies to restructure with a better business plan, I'd agree.
I don't agree it's that simple when government actions materially damage businesses, however, and that is the case here.
Government actions materially damaged the individuals that work for those companies. Yet, the only ones that we bail out are the billionaires and big wigs?
Lots of kids are taught from an early age to have additional funds/provisions in a time of emergency or loss of income. Shouldn't large billion dollar corporations or companies do the same?
I think the issue is that we really didn’t have a true comparative society to ours to get accurate data from. China would’ve been good to get data from but I think they have proven that data from a communist regime is not reliable. You could get data from Spain/Italy but their demographics and infrastructures are disproportionate to ours.
Essentially the models are being developed as they go and you are seeing the results of that as they are changing daily. To Be Honest we may never fully understand the true impact of this virus on the US society due to the fact that we locked everything down so quickly. Really the only way to find out will be to selectively reopen things back up and study the impacts.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.