Zombie The Coronavirus Financial Thread (Personal, Local, National)

Discussion in 'Blazers OT Forum' started by EL PRESIDENTE, May 1, 2020.

  1. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    That is hardly the fault of socialism. It's the fault of old, underfunded systems that weren't ever designed for the load that was suddenly dropped on them.

    Libertarianism would say that we don't need unemployment at all, the unemployed can either find work or starve, either is totally fine.

    barfo
     
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  2. Hoopguru

    Hoopguru Well-Known Member

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    na na na....it would advocate a fiscally responsible smaller government for sure and you could still have social assistance for those that need. However, competition and and innovation would also propel, and create prosperous opportunities for those interested. And we could still have privately owned sporting franchises that create entertainment and business's for millions, along with producing young millionaires that can help with social programs. Are you against solid fiscal management with the ability to produce more than Cuba or Venezuela?
     
  3. Orion Bailey

    Orion Bailey Forum Troll

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    That's not true at all. We just think it should be doled out in different forms than just a blank check to be spent however. I'm for helping those in need, but directly helping their needs specifically. Send the money directly to the power company, banks, etc.
     
  4. THE HCP

    THE HCP NorthEastPortland'sFinest

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    So does your sister LA PRESIDENTE when I'm in town! #BAM
     
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  5. THE HCP

    THE HCP NorthEastPortland'sFinest

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    No way FAMS. My kids LOVED Sweet Tomatoes growing up.
     
  6. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    You must mean my brother in a wig.
     
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  7. THE HCP

    THE HCP NorthEastPortland'sFinest

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    Whatever, they had VERY soft hands.
     
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  8. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

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    As long as you have people who adhere to the Trump cult way of thinking you're going to need a large bureaucracy to keep them in check.
     
  9. Hoopguru

    Hoopguru Well-Known Member

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    Im just not a huge government guy, not opposed to a few social democratic programs education and health care where the person has the option to purchase private insurance or private school.
    Sweden has this option. Nordic countries practice mostly free market economics paired with high taxes exchanged for generous government entitlement programs
    Nordic counties were economic successes before they built their welfare states. Those productive economies, generating good incomes for their workers, allowed the governments to raise the tax revenue needed to pay for the social benefits. It was not the government benefits that created wealth, but wealth that allowed the luxury of such generous government programs.
    The lack of government interference in business affairs, there is the fact that none of these countries have minimum wage laws. Unions are reasonably powerful in many industries and negotiate contracts, but the government does nothing to ensure any particular outcome from those negotiations. Workers are paid what they are worth, not based on government’s perception of what is fair.
     
  10. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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  11. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    They only lost them because they're lazy and just want that free $600 per week and blocks of gubermint cheese.

    Or something like that.
     
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  12. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Plus unemployment.

    I mean lower paid workers making out like drunk teenagers right now.
     
  13. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

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    The less you earn the less unemployment you receive.

    I was once layed off when I was earning about $3/hr. I was none too happy about it.
     
  14. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Plus 2400 a month.
     
  15. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

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    That's for two adults.

    And it has nothing to do with unemployment compensation.
     
  16. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    600 a week per unemployed person. Federal add on for those unemployed.
     
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  17. BigGameDamian

    BigGameDamian Well-Known Member

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    I'm getting the extra $600.
     
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  18. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    For many, its better to just remain unemployed.
     
  19. barfo

    barfo triggered obsessive commie pinko boomer maniac Staff Member Global Moderator

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    Well, I guess employers are just going to have to raise wages to the point where people are motivated to come back to work.

    If your theory is right we should see wage hikes real soon now.

    barfo
     
  20. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Nah, I think they will hire less people and there will be more competition for less jobs. Many companies will have people interview for their jobs again and jump through hoops. Those who don't come back quick, may not have anything to come back to and the UE benefits won't last forever.

    In the eyes of companies with high labor costs, this pandemic was a great excuse to layoff people without blowback.

    Some see the value in telecommuting and won't have offices. They will have smaller staffs. They will be much leaner offices. Many leases will be broken.
     

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