u.s. and trump: epic fail
if this were simpler and more just times, a group of elders would take trump out to the woods with a bag of rocks and a shovel and start piling dirt on top.
EPIC FAILURE !!
u.s. going down the toilet, time to flush the economy ith it
assorted reading, fyi:
https://www.theguardian.com/commentisfree/2020/mar/28/us-unemployment-coronavirus-gdp
The right solution is to raise wages and provide protections to these workers, such as masks, gloves and disinfectant, so that they can carry on. A stiff emergency wage supplement for them, full medical coverage and protection priority after healthcare workers should be added to the next bill.
With a full rebate for 70% of payroll up to $20,000 per worker, the idled wage workforce would be decently covered for three months, and the universal income system could concentrate on the self-employed and gig workers, made newly eligible so that they too can stay home as necessary to fight the virus.
As we confront the crisis, people must be safe and secure in their homes. A fast and efficient way to meet both goals is to block evictions, foreclosures and utility stoppages;
The young, whose education and employment chances are being jeopardised for a virus whose death rate could be 10 times higher than average for the over-80s?
No one can put a figure on the ennui that isolation brings and log it alongside the number of business failures and job losses. But it will have as powerful a
political effect, because it is so pervasive.
Hong Kong enforces home imprisonment, monitored with digital tracking. Singapore requires citizens to download an app that allows the authorities to learn of their contacts, while Taiwan is using mobile phone data to put an “electronic fence” around infected homes.
https://www.theguardian.com/commentisfree/2020/mar/29/bankers-trump-economy-coronavirus-deaths
Here’s what is unseemly. The “economy” the bankers and billionaires are eager to restart had been growing rapidly. But most of its gains had gone into corporate profits, as shown by the meteoric rise of the stock market.
The bankers and billionaires now urging Americans get back to work possess a huge share of that stock market. The richest 1% of the population owns roughly half of the value of all shares of stock. (The richest 10% own more than 80%.)