Originally posted by iam416
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1) Do not get rid of the pandemic response team in the first place. The pittance they are paid would have been far more worth it. It is like insurance. You have it just in case you need. And I would have actually made sure I had the supplies after drawing off the strategic reserve, and ordered more after giving some to China (which was the right impulse). Sure we might have been gotten to the same place but it would have taken longer to get there (as far as supplies go).
2) When learning of it coming into the US, actually take this seriously and start talking about it and what steps are going to be needed to combat it.That everyone is going to need to do their part and the governments on the state and national level will do what it takes to make sure we can get through this time (being more vague at first and providing more details as it gets more serious).
Now that would have helped with the medical supply side of things. Now, this what the feds should have done (and could still do) when the shit hits the fan.
3) I would have said long and hard that the major corporations that got hit hard with this that they would be taken care but for the moment they would have to wait. Why? Because this American economy runs on consumer confidence and is a service economy. And I would be taking a bottom up approach. Again because 60% of the jobs in the American economy are small businesses and they need to be taken care (along with the working class) first. Those are the ones that probably don't have a huge margin of error to begin with. Small businesses would still have the loans (that would turn into grants if taking care of payroll) and I would say that if the money ran out we would add more to it. I would not say 75% of your money has to be spent on payroll (which the intent was good but that could be manipulated in a bunch of ways)---I would say that you have to retain 80+% of your workforce on payroll/furloughed without cutting wages. Once that is done you can spend the extra however you wish and if you do that throughout the pandemic then your loans turn into grants (from the feds).
4) Unemployment deal that went through I think is fine and if needed you revisit this in June and July about extending extra $600/week.
5) Those that are considered "essential" workers (and I would define that as having a job that you HAVE to conduct face to face). They would be getting hazard pay on top of their wages. The government would issue a debit card that would be mailed to their physical address (ie something akin to postal banking). There would be X amount on it every month during the course of this pandemic. They would have to call a number or go online to activate the card (just like a credit card). This card would reload every month and if there was money on it it would roll over. This would get money flowing into mostly the working class incomes and those people are going to spend it so it would be a force multiplier in the economy.
6) Would say that no one during the course of the pandemic is going to be evicted from their place of residence, lose their utilities (and I would include internet in that) or face repossession on their cars/trucks and student loans going into default (I give credit to the feds here they did that with their loans). Also that these payments are not going to stack up and wait for you and the end of this. It will just be tacked on to the end of your term/lease (ie if you have 19 years and 1 month and this lasts 5 months you have 19 years and 6 months).
7) Say anyone that winds up in the hospital because of Covid 19 will not have to worry about going bankrupt over this. If you don't have insurance that will cover this (and I would press all insurance companies to pick up the tab here) then the federal government will do.
8) Stimulus check I liked the idea but the execution on the state level (going via the IRS) was horrible on the state level. Still would do it.
Now with these things several things have been accomplished. 1) I have taken away fear of losing your home/job etc. (at least the vast majority of it), 2) I have put money into the economy from the bottom up giving it a force multiplier (because these people will be spending it) so the economy will not going full bore has more money flowing through it than right now and 3) I have insured those lower down on the economic ladder don't have to worry about medical bankruptcy because of this.
Now it would be time to deal with the big corporations. Of course, we need corporations. They take care of 40% of the jobs in the US. And while it is not their fault that this pandemic happened--they should be able to handle something like this than small businesses.
1) If you are a corporation that does not headquarter here it is going to be harder for you to get this money (not impossible but someone like Carnival Cruises who HQs elsewhere because they can get away easier with having awful working conditions/treatment of workers will have a very skeptical eye on them) that is not unreasonable.
2) If you were a corporation that got a bailout last time around (the Great Recession), we are going to take a long hard look why you need one now. What did you do with the money that was given to you last time? And there are going likely going to be more strings attached to your company than one appearing here the first time.
3) Any corporation that takes money from the federal government is going to give up some equity in it to the feds. The percentage can be negotiated (along with voting rights and other things) but you are going to give up some of it. If you don't want to do that then I guess you don't need the federal money that bad then.
Now, that the short and medium term have been dealt with economically. Time to look to the longer term, and realize that not every business is going to make it through this so there are going to be people unemployed (likely millions). So you start a conversation about maybe some public works that can be done. The infrastructure in this country needs a lot of work, maybe you start looking at doing a massive infrastructure and a training program (money given straight to Community colleges) to get the numbers of people needed for a massive amount. I am talking like WPA and CCC type of things.
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