Friday, March 27, 2020

Links for 3/27/20

Links for 3/27/20
In this case the Idiot-in Chief is right. Most young people will not notice they are sick, others will get a bad cold and really old people, who are as likely to die of the flu, will succumb. The response is to give money to those who won't even get sick and whose labor backs a global economy that is about to come to its knees because distributors are hoarding toilet paper.

We may hate Trump, but he is correct. The danger in throwing money at this fire is that it is based on exchanged labor and rich people gambling about the results of that labor. When economies collapse, authoritarians who make Trump look like a choir boy tend to come to power.

The heart of this crisis is that older doctors who are justifiably afraid of getting sick so that younger doctors who won't will assume their leadership positions and, after the crisis, won't give them back.

Georgetown would have had to pay a much higher unemployment tax. The rate will go up, regardless, because it must support funding recipients. Avoiding layoffs avoids this.

Lent is an environmental season and dealing with COVID is part of the environment. Having had the virus, I could do an essay on the experience. Before COVID, giving up driving should be the practice for those who habe adequate bus service. That would be solidarity.

If you really want to talk solidarity, do a story about whether meat packing employees are getting COVID time off. Some of these workers are Somali.

The IMF simply did a write down on uncollectible debt. It should keep going.






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