And Texas Caves In
The last bastion of sanity has jumped on the "stay at home" bandwagon. They just sent me an email that they have closed all state parks to save the 1% who may die from the dreaded super virus. Texas...
Forum Discussion
One thing I can not understand is with the government willing to pass out trillions of dollars, why does the loss of a job require a loss of income?
For every week a area must be shut down pay everybody 1/52 of their last year's reported income. Everybody's bills could stay caught up, so when businesses opened there would be a pent up demand for the goods we can not buy now. And the businesses would have their most valuable asset customers with money in their pocket.
Now, would this save say a airline? If managers had been running the airline without expecting Gov to step in to bail them out, (and been reporting their income) yes. If managed bad, then when demand for air travel comes back others could buy the equipment and start flying.
For every week a area must be shut down pay everybody 1/52 of their last year's reported income. Everybody's bills could stay caught up, so when businesses opened there would be a pent up demand for the goods we can not buy now. And the businesses would have their most valuable asset customers with money in their pocket.
Now, would this save say a airline? If managers had been running the airline without expecting Gov to step in to bail them out, (and been reporting their income) yes. If managed bad, then when demand for air travel comes back others could buy the equipment and start flying.
