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Re: jammyjames post# 273856

Sunday, 03/29/2020 6:32:08 PM

Sunday, March 29, 2020 6:32:08 PM

Post# of 701099
I am biased because the economic effects of the moratorium on working has caught me at a very low point and I don't qualify for US stimulus. But we just spent $2.2T, mostly to try to prop up our economy during this clamp down on working for a living. That scales the effect, and that is only about a months worth of effect. I don't want to try to put a $ value on a life, but I think you have to in the following way. How many lives could we have saved by spending that $2.2T on other care. Maybe even focused on care for the elderly. And how many lives will we lose in the near future if we hold this country in economic lock-down. Recall from the 2008/2009 collapse that when money dries up to a critical point, the machine just stops. In this case we have frozen the very part of the machine that makes real money. Not paper money, but actual value, other than medical and a shell of other services. This shut-down is a biiiiiiiiiiiiiiiiiig deal. I am no fan of Trump, and do not want to see him re-elected, but I think he is right that we have to go back to work soon. You are apparently a real MD, so I am interested in your opinion. Myself I have an MSEE and sometimes get to work in my chosen field of Medical Device development, sometimes work less exciting technical positions, and sometimes do whatever I can do to survive... such as right now.
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