Stimulus & Bailout Watch Thread

BK The Great

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Man at this point there aint gonna be any more checks. They just gonna open up the country by july. Trump gonna be like, welp get yo asses back to work if u need money :manny:


It’s gonna be funny when nobody listens to what he says :manny:It’s also been already said that most people ain’t going back to their regular lives if everything opens up. Don’t expect for everyone to follow his word.
 

Bboystyle

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It’s gonna be funny when nobody listens to what he says :manny:It’s also been already said that most people ain’t going back to their regular lives if everything opens up. Don’t expect for everyone to follow his word.


Thats what im thinking. So many in my circle already said they aint gonna be out and about when shyt is open.
 

DJ Paul's Arm

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COVID-19 may make universal basic income more palatable. That’s a good thing
90


Residents line up at a Chicago food bank this month. Would universal basic income relieve their food insecurity?
(Associated Press)
By MICHAEL HILTZIK BUSINESS COLUMNIST
MAY 22, 2020


The idea of a universal basic income — a regular stipend paid to every American adult to meet minimum life needs — has been bubbling around the edges of American politics for decades.

With the coming of the coronavirus pandemic, UBI may finally move to center stage, and stay there.

“This is a moment when the UBI idea is possibly going to feel more appealing to a lot of people,” observes Ioana Marinescu, a labor economist at the University of Pennsylvania who has studied what she calls unconditional cash transfer programs.




‘COVID-19 has created a rare policy window where so many people are now tangibly feeling the economic insecurity we’ve been talking about.’
SUKHI SHARMA, DIRECTOR, STOCKTON ECONOMIC EMPOWERMENT DEMONSTRATION
UBI had gained currency during the early stages of the current election cycle thanks to the efforts of Andrew Yang, who made the idea the centerpiece of his run for the Democratic nomination for president until he suspended his campaign Feb. 11. Since then he has been promoting the idea via a nonprofit, Humanity Forward.

“Universal basic income is a lot more popular now than it was even several months ago, because of the clear need in our communities,” Yang told me. The near-universal experience of receiving $1,200 checks as coronavirus rescue payments has strengthened the appeal of the idea, he says.


“They liked it,” he says. “They didn’t find that it transformed their work ethic or made them into lazy wastrels. So there’s a lot of experience that puts to bed a lot of the resistance that people had.”


The hope of many fans of UBI is that the coronavirus crisis, by exposing the gaping inequities in America’s economic structure as the Great Depression did in the 1930s, will usher in a New Deal-like social revolution.




Column: COVID-19 may make universal basic income more palatable. That's a good thing
 

Bboystyle

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COVID-19 may make universal basic income more palatable. That’s a good thing
90


Residents line up at a Chicago food bank this month. Would universal basic income relieve their food insecurity?
(Associated Press)
By MICHAEL HILTZIK BUSINESS COLUMNIST
MAY 22, 2020


The idea of a universal basic income — a regular stipend paid to every American adult to meet minimum life needs — has been bubbling around the edges of American politics for decades.

With the coming of the coronavirus pandemic, UBI may finally move to center stage, and stay there.

“This is a moment when the UBI idea is possibly going to feel more appealing to a lot of people,” observes Ioana Marinescu, a labor economist at the University of Pennsylvania who has studied what she calls unconditional cash transfer programs.




‘COVID-19 has created a rare policy window where so many people are now tangibly feeling the economic insecurity we’ve been talking about.’
SUKHI SHARMA, DIRECTOR, STOCKTON ECONOMIC EMPOWERMENT DEMONSTRATION
UBI had gained currency during the early stages of the current election cycle thanks to the efforts of Andrew Yang, who made the idea the centerpiece of his run for the Democratic nomination for president until he suspended his campaign Feb. 11. Since then he has been promoting the idea via a nonprofit, Humanity Forward.

“Universal basic income is a lot more popular now than it was even several months ago, because of the clear need in our communities,” Yang told me. The near-universal experience of receiving $1,200 checks as coronavirus rescue payments has strengthened the appeal of the idea, he says.


“They liked it,” he says. “They didn’t find that it transformed their work ethic or made them into lazy wastrels. So there’s a lot of experience that puts to bed a lot of the resistance that people had.”


The hope of many fans of UBI is that the coronavirus crisis, by exposing the gaping inequities in America’s economic structure as the Great Depression did in the 1930s, will usher in a New Deal-like social revolution.




Column: COVID-19 may make universal basic income more palatable. That's a good thing


Aint gonna happen. Would be nice.


Kind of off topic but I always visioned that everyone should be paid the same with a good amount of income but couldnt phantom the idea of a janitor making the same as a doctor. No one would wanna go to school for 10 years
 
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