150,000 Americans Dead
12-12-2020, 10:45 AM
#811
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12-12-2020, 10:53 AM
#812
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Nobody said GDP growth doesn’t require investment, although “investment” in those terms is pretty ethereal, anyway.
12-12-2020, 11:05 AM
#813
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12-12-2020, 11:18 AM
#814
:-)
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I think that is a moot point, the government is going to spend continuously regardless of debt/interest levels. Eventually, it will tank the currency in the future. The government has been replacing its spending in GDP for actual growth for decades now.
12-12-2020, 11:20 AM
#815
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12-12-2020, 11:43 AM
#816
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Can you please explain it to us then? The US government increased deficit spending to reduce the risks of a voluntarily GDP collapse prompted by shutting down large sectors of the economy and forcing people to reduce their economic spending and output (consumption) in an attempt to save lives of what in most cases amounts to the elderly obese.
12-12-2020, 11:44 AM
#817
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Can you please explain it to us then? The US government increased deficit spending to reduce the risks of a voluntarily GDP collapse prompted by shutting down large sectors of the economy and forcing people to reduce their economic spending and output (consumption) in an attempt to save lives of what in most cases amounts to the elderly obese.
12-12-2020, 11:50 AM
#818
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https://www.google.com/amp/s/www.mas...outputType=amp
12-12-2020, 11:58 AM
#819
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You didn’t comprehend what I was saying before that. What do you expect to happen when most of the younger and middle aged group gets infected as well as the overwhelmed healthcare system? A booming economy? Cases have to stay lower.
12-12-2020, 12:10 PM
#820
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If COVID didn't cause severe illness causing hospitalization and death, nobody would care if it infected 200k/day. If we can quickly minimize spread to demographics at highest risk of severe illness requiring hospitalization and leading to death, you improve mortality statistics and alleviate your health system burden...which is the ONLY justifiable reason to "lock down".
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If COVID didn't cause severe illness causing hospitalization and death, nobody would care if it infected 200k/day. If we can quickly minimize spread to demographics at highest risk of severe illness requiring hospitalization and leading to death, you improve mortality statistics and alleviate your health system burden...which is the ONLY justifiable reason to "lock down".
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Ok, your want of the situation is understandable, but in the real world Covid does cause severe illness and it does overwhelm whole states worth of healthcare system. All causing lockdowns.
So there’s still no answer on HOW you plan on quickly minimizing the spread to those that are at risk. And also we already established that the young are requiring hospitalizations now more and more since it’s them who are getting infected leading to overwhelmed hospitals and lockdowns. HOW do you plan on doing it? Tell them to stop going out? We’ve already tried that.
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