Creative Destruction

Plans for Extended Unemployment Benefits, Wage Subsidies Risk Creating a Zombie Economy

Businesses need to be able to adjust to a world where COVID-19 remains an ongoing concern.

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House Democrats' introduction of a fourth coronavirus relief bill has kicked off an intense debate between liberals and populists on both the left and right. At issue: how best to keep the country's economy in suspended animation until we can return to pre-pandemic normality.

Meanwhile, local leaders' decisions to constantly push back the dates for when they plan on phasing out their lockdown orders—not to mention the anemic effects of the phase-outs that have already happened—suggest that we may be a long way from anything approaching business as usual.

All the plans to keep the economy in stasis until then, whatever their details, run the risk of creating a zombie economy that is prevented from adjusting to the economic needs of a country where COVID-19 is an ongoing concern.

The current fight is over Speaker of the House Nancy Pelosi's introduction of the 1,800-page, $3.2 trillion Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act. The bill includes an extension of already-boosted federal unemployment benefits to January 2021. Those expanded benefits, which give recipients $600 on top of the money they'd already be entitled to, often mean people can make more money staying home than returning to work.

The HEROES Act also expands existing tax credit programs that cover fixed costs and payroll for businesses that have shut down, been forced to close, or seen significant revenue declines because of COVID-19.

"The hardship of losing a job or tragically losing a loved one doesn't take a pause. This is an historic challenge and, therefore, a momentous opportunity for us to meet the needs of the American people," said House Speaker Nancy Pelosi as she introduced the bill on Tuesday.

These measures have not proven enough for Democrats like Rep. Pramila Jayapal (D–Wash.), co-chair of the House Progressive Caucus, who slammed Pelosi's extension of jobless benefits as essentially accepting mass unemployment.

"With more than 33 million people filing for unemployment in 7 weeks, workers are looking for certainty about how we end mass unemployment and how they'll get their next paycheck," tweeted Jayapal. The HEROES Act "doesn't end mass unemployment and it doesn't get paychecks back into their pockets."

Instead, Jayapal has introduced legislation that would have the government effectively nationalize the payrolls of businesses affected by the coronavirus. Her Paycheck Guarantee Act would provide grants to employers to cover 100 percent of their payroll expenses for employees earning up to $100,000 a year. As an incentive to rehire laid-off workers, Jayapal's bill would make these wage subsidies retroactive to March 1. Businesses would not be required to maintain minimum hours of service to receive support.

A Moody's Analytics estimate of the Jayapal's legislation finds that it would cost $654 billion over six months, once you account for the savings from not paying for laid-off workers' unemployment insurance and Medicaid.

This proposal is modeled on policies adopted in Denmark, Germany, and the United Kingdom. It's also pretty close to the Rehire America plan that Sens. Josh Hawley (R–Mo.) and Cory Gardner (R–Colo.) announced on Thursday. This proposal—a more detailed version of a plan Hawley announced in early April—would pay firms 120 percent of the wage costs of workers they rehire. It would also cover 80 percent of payroll expenses for workers currently on staff.

This support would be capped at $50,000 per employee. Any business that's seen a 20 percent decline in revenue would be eligible for support under the senators' plan. The two are also proposing grants to cover businesses' other fixed costs, including rent and utilities.

Hawley, like Jayapal, is framing his Rehire America plan as a way to help workers that the HEROES Act abandons to unemployment.

"We should put forward a proposal that is focused on jobs in contrast to what House Democrats are doing. They could have done something like this. They had an opportunity to put forward a jobs proposal and they didn't," Hawley told Politico.

Differing details aside, all these proposals are premised on the idea that we need to tide employees and firms over until a general economic reopening occurs and we can all get back to work.

Yet it increasingly appears that we are a long way off from a return to pre-crisis economic normality.

This week, the mayors of both New York and D.C. said their stay-at-home orders would last into June. County officials in Los Angeles have said their shut-down order will be in effect for another three months, although some phased reopenings may happen before then.

Meanwhile, the states that have reopened have seen anemic economic recoveries at best.

Slate's Jordan Weissman, using data from the app Open Table, notes that restaurant reservations are down as much as 92 percent from last year in those states that have allowed dining rooms to reopen.

A ranking of state jobless claims released yesterday by the personal finance website Wallethub finds that the number of people applying for unemployment is especially high in Connecticut, which had a bad COVID-19 outbreaks and a strict shutdown order, but also in Georgia and South Dakota. The former is lifting its shutdown order, and the latter never imposed one.

This matches with new research showing that economic activity declined at similar rates regardless of when states issued formal lockdown orders. Individuals, not the government, shut the economy down. They'll also decide when, or if, it reopens.

That's partially good news. If people are social distancing on their own, we don't need to keep coercive lockdown orders in place.

Nevertheless, if we can't expect much of the pre-pandemic economic activity to return, that dramatically weakens the case for propping up businesses as Jayapal and Hawley want to do, or paying workers to stay jobless like the HEROES Act does. Both policies stymie markets' ability to adjust to COVID-19 while shifting resources from those parts of the economy that can be productive during a pandemic to those that can't. If there's no demand for air travel, we'd be better off seeing baggage handlers shift to being warehouse workers or grocery delivery drivers. We want cooks and cashiers to move to restaurants that can figure out a way to stay profitable without dining service.

That doesn't mean the government can't provide relief. Even if we allow those readjustments to happen, we'll still probably have a less productive economy for a while, and the negative effects of that will be concentrated on people who aren't in a position to adapt. So there's a reasonable case for cash transfers targeting the poorest Americans. But they shouldn't be conditioned on staying at their current jobs, and—unlike unemployment benefits—they shouldn't be conditioned on staying out of the labor force altogether.

The innovation-breeding creative destruction of free markets is important during good economic times. In a pandemic, it's essential.

NEXT: Let People Drink Outside

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  1. It is not a risk, it is the sole objective. If Biden wins in November, the lockdowns will disappear overnight. If Trump wins, expect lockdowns for at least four more years.

    1. Back to work, Wagie! The NEETs will inherit the earth and you’re going to pay for it.

      1. What will happen to the knights who formerly said NEET?

        1. Now they say “Ekke Ekke Ekke Ekke Ptang Zoo Boing!”

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            1. Well at least the spammers are (falsely) promising more money than unemployment benefits.

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    2. I own a small business. A few issues I have with any stimulus package is this:
      1) why do part time employees get $600?
      This causes major issues with those who are still working. I would understand $300 but the $600 I do not. Causes major friction between those who work and don’t.
      2) Will this cause my unemployment tax rate to go up?
      3) will I be taxed on paying employees To stay home with slower sales
      The friction it causes is a true occurrence between those who work and those who don’t. I understand my employees issues but I also need to run my business.

      1. 1. Because the unemployment system computers are old and it would have taken too long to program them to do take into account part-time or other factors. Speed was the essence and it was decided that it was better to have some get more then they “deserve” then not get the money to those who need it quickly.
        2. Probably not.
        3. I don’t know.

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    4. Like the Pink Hats disappeared the day after Obama elected. But Gitmo is still open and war persists. Guess the whole Peace Prize was fluffy bullshit based on hope and change. It is fucking amazing how people lose their conviction for things when it doesn’t suit their agenda any longer.

  2. <blockquote iThat's partially good news. If people are social distancing on their own, we don't need to keep coercive lockdown orders in place.
    As usual, faux libertarian Reason blindly swallows the presuppositions of the other side hook, line, and sinker.

    As usual, Reason commenter mixes metaphors in a particularly inapt manner.

    1. As usual, lack of an edit button renders my comment an indecipherable mess.

      1. “As usual, faux libertarian Reason blindly swallows the presuppositions of the other side hook, line, and sinker.”

        This is really the crux of it all.
        Now we just wait for sarcasmic to come along and bitch “bOTh siDeS” while ignoring Reason’s fundamentally progressive/leftist world view

        1. I’m trying to ignore your wingnut world view but it isn’t working.

          When is the Bugaloo? How is Obamagate looking? Is Soros still trying to take your Bible away?

          1. Obamagate is looking like most scandals, slow building until is reaches critical mass. As for bugaloo, that was always more tongue in cheek than any actual prediction, but keep forcing people to stay at home and it could very well happen. Like most progressives you are to stupid to realize rarely is it a sudden change but a buildup over time. The Revolution took a decade to happen, the first rumblings started in 1765, but were small and not very popular at first. However, momentum built up. Even after the war started most were initially opposed to independence. It took a year after fighting started before the Continental Congress even began debating independence, and even then they still tried to reconcile without declaring independence. It wasn’t until the late spring of 1776, over a year after Lexington and Concord that they became serious about it.
            As for political scandals, Watergate took years before it became a scandal, the same with Iran Contra. Both were slow building. A drip here, a drop there, until a critical mass was achieved and the American public could no longer ignore it. Obamagate seems to be following exactly this path. The more conservative tried to explain off both Watergate and Iran Contra only after they couldn’t continue to ignore it, but eventually they could no longer even defend it. We are seeing the same pattern. The media at first tried to ignore the growing Obamagate scandal. We are now in the denial phase. Soon we will reach bargaining and anger. And then acceptance. Actually, we are starting to see signs of bargaining and anger already in the progressive media. We are seeing similar patterns with Tara Reade, albeit I think Obamagate may overwhelm that scandal.
            The problem with progressives scandals against Trump is they tried to go for full acceptance without the initial process. This is why they failed. They didn’t give the American public any time to accept the scandals and instead tried to go for the brass ring while half the country was still opposed. True scandals take months and even years to build up. Obamagate has been building since the IRS targeting scandals and the 2016 election. It is approaching critical mass.

            1. Obamagate is made up bullshit. A fake scandal. Trump can’t even say what law was broken because none was.

              1. A law doesn’t have to be broken for it to be a scandal. And your anger just demonstrates my point about it moving into the anger phase.

              2. Using, even if technically legal (which is questionable at best) the tools of the government to undermine your political does and successors is a scandal unto itself. That is the scandal. Add into it the Revelations that they lied on the FISA warrants (an actual crime), withheld exculpatory evidence and other prosecutorial misconduct (also crimes) now you do have actual crimes. While these were all done by underlings, the scandal itself is how much did Obama and Biden know and how much was done at their behest. The fact that I have to explain this demonstrates your opposition isn’t based upon facts but upon partisanship.

                1. “Using, even if technically legal (which is questionable at best) the tools of the government to undermine your political does and successors is a scandal unto itself. ”

                  Wasn’t one of the impeachment charges that Trump was doing that to Biden?

                  Now it comes out the the Obama administration did it to Trump first. But that’s okay, because ???

                  1. Principals not principles.

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              3. Classified reports were leaked to the media dumbfuck. It is a felony.

                1. I don’t know how your arrived at that conclusion, why would you think Joe would lift the ban on Jews; Joe’s no liberty lover. Oh, it’s not the “jewish problem” we’re talking about? I was mistaken, Adolph Trump’s at least contributing/fometing to the agitation. Of course, that’s his calling card.

                  You go Trump

              4. The Obama admin spied on Flynn before his conversation with the Russians. For all intents and purposes, Flynn was not a suitable target for unmasking. Whether that’s routine or not is a moot point.

                This isn’t hard. Obama and or FBI surveiled Trump and his people way earlier than we thought. The FBI eventually cast a net on Flynn, and they caught a process crime that had nothing to do with collusion. It’s totally immaterial to anything, and they already listened in on that conversation and knew Flynn did nothing wrong. Comey already let Clinton fly because she didn’t “intend” to break the law.

                Prosecutors don’t randomly entrap people when they’re not part of an official investigation that the courts are aware of. What Obama did was little different than the FBI placing surveillance on a mosque because Muslims there acted suspiciously.

                1. Most of that would not have happened without serious top cover from the man himself.

              5. Sarah Palin’s Buttplug
                May.15.2020 at 2:40 pm
                “Obamagate is made up bullshit…”

                Too stupid to know what’s going on…

              6. I don’t know how your arrived at that conclusion, why would you think Joe would lift the ban on Jews; Joe’s no liberty lover. Oh, it’s not the “jewish problem” we’re talking about? I was mistaken, Adolph Trump’s at least contributing/fometing to the agitation. Of course, that’s his calling card.

                You go Trump

  3. That’s partially good news. If people are social distancing on their own, we don’t need to keep coercive lockdown orders in place.

    As usual, faux libertarian Reason writer blindly swallows the presuppositions of the other side hook, line, and sinker.

    As usual, autistically libertarian Reason commenter mixes metaphors in a particularly inapt manner.

    1. use of “inapt” a plus.

      1. Use of the word “inapt” is pretentious and comes across as a weak attempt to bait someone into incorrectly pointing out a misspelling of “inept.”

        The fact that he used it twice tells us he just learned the word today. It follows that we can conclude he’s easily influenced and enjoys negative attention seeking. His use of the term detracts from anything he said, as the reader will either be successfully baited, or sufficiently annoyed over the underlying Jewishness behind the OP’s sinister choice of words.

        If I see that fucking word again from anybody, he’s going to get to choose between shit on my dick, or blood on my dick, so I can return to sender his rape of the colloquial grammar.

  4. POTUS Trump has flatly stated this bill is DOA. It will go nowhere.

    1. Maybe if he gets his name on the checks again?

      1. He should coerce the FED to kick Washington off the $1 bill and replace his haggard visage with Trump’s golden aurora.

      2. You know he signed the last bill without that being a condition right shriek?

        1. No he doesn’t because his favored news sources told him it was and he never read the walk back.

    2. It will never even clear the Senate, and maybe not even the House.

    3. It’s not a beautiful bill.

      1. I’m enjoying telling people we had a “perfect phone call” when the calls are over.

      2. But it is Yuuuuuuuuuuuuuuge! 🙂

  5. It’s all futile like bailing water on the Titanic.

    Delta is going to fire 7000 pilots when their Trump money runs out October 1. The Dotard wasted $2.7 trillion with the CARES Act. It won’t save one single airline job if we stay locked down. Fuck this new act too.

    Just open everything up and say goodbye to the weaklings. And play some fucking football goddammit.

    1. Wtf is happening.

    2. Tens of millions of jobs and careers lost permanently are a small price to pay for ending Trump’s re-election hopes and saving a few 80 year old geezers.

      1. This was meant as a reply to Idle Hands.

        1. This was meant as a reply to myself. Fucking squirrels and pop-ups.

          1. Brave browser is your friend. None of that annoying pop-up shit.

    3. The lockdowns aren’t hurting Trump but are now hurting progressive Democrats in swing states, so we have to change the narrative to the bailouts are Trump’s fault exclusively and that continued bailouts are also Trump’s fault.

    4. I remember when the class retard tried answering a question in the 4th grade about which branch of government writes spending Bills and he said the president. He couldnt even say the executive, just president. Good times

  6. “restaurant reservations are down as much as 92 percent from last year in those states that have allowed dining rooms to reopen.”

    Maybe so, but I’m in a “yellow” (partially open) county in PA and the drive-thru lanes are backed up into the streets.

    1. restaurant reservations are down as much as 92 percent
      We go out to eat almost every Friday, someplace nice, but not fancy, and we haven’t made a reservation in years.

      Last Friday about 6 p.m. we walked in to a local family-owned family-food restaurant, and as usual waited five minutes, then were seated. We just beat the rush, though. The restaurant was “full,”( considering it’s ordered to operate at 50% occupancy,) and was still full, with a line, when we left.

      Don’t know about the trendy-NYC types, but the middle class, in red states that are open, is out in force.

      1. Chik-fil-A drive thru lanes are extending out onto the street, 10 cars deep.

  7. “At issue: how best to keep the country’s economy in suspended animation until we can return to pre-pandemic normality.”

    No issue at all; repeal every silly ass rule or regulation passed since the panic was created by the government.
    Keep reminding people to wash their hands and cover their coughs and sneezes, like every flu season, and get on with life.
    Some people will get sick and most will not.
    Some of the sick people will die, most will not.
    Just like every other disease ever.
    The only difference is that individual freedom will return, and fascism will have to wait a few more years.

    1. Notice how there’s no definition of the criteria for “can” here. Why can’t we return to normality now?

  8. We will have high unemployment for as long as it is subsidized. $600/week looks pretty good to a lot of people.

    1. can’t have the peasents revolt Zeb.

    2. I have a friend who finally got notified of her eligibility through Texas as a waitress, so she’s getting that plus the $600/week.

      She also bitches about how it’s irresponsible to open back up and people should be ashamed for making their employees go back to work.

      Getting $2400 a month free is a hell of an incentive to stay home.

  9. This proposal—a more detailed version of a plan Hawley announced in early April—would pay firms 120 percent of the wage costs of workers they rehire. It would also cover 80 percent of payroll expenses for workers currently on staff.

    “Quick, we gotta fire everyone before this passes!”

    1. “Who wants to play musical chairs?”

    2. Exactly. And this is the “more detailed version”.

  10. “At issue: how best to keep the country’s economy in suspended animation until we can return to pre-pandemic normality.”

    Better?

  11. If they don’t extend unemployment, people will no longer put up with the lock down bullshit. Cut off the unemployment and a whole bunch of these Karens running around with their masks and telling everyone how we must destroy the country to save it would be singing a different tune very quickly.

    Cut off unemployment and this country would be back to normal by July. And no one wants that.

    1. What’s happening is some sick shit. I kind of always had my doubts about the extent of the belgerrent retarded depravity the political class was capable of but this really does take the cake.

      1. It really does. I have to admit I thought everything would be back to normal by May 1st. I could not believe our political class was this depraved. But, I was wrong. They are.

        1. I’m surprised that you can still be surprised.

        2. You didn’t actually believe the lockdowns were about “flattening the curve,” did you?

    2. you seem to believe unemployment will be cut off.

    3. Most of those Karens have a husband who is working from home now so they’re meeting with friends and drinking wine and bitching about people wanting to reopen.

      1. I was talking to the Mrs this morning after we watched the news and this poll came up (forget what channel).

        I said something along the lines of:

        I wonder how many of those people demanding longer lockdowns would feel if things were *really* locked down. Being able to run to the grocery store or Wal-Mart or picking up your favorite take-out…those are all ways and places where you can infect other or be infected.

        So I mean *really locked down*: no grocery stores, no Wal-Mart, no fast-food drive throughs, no pizza delivery, no Uber-Eats or Door-Dash or whatever. No Amazon or Target online. No home delivery. No jogging, visiting a park, etc. You’ll stay in your house or else–we’ll allow you to wander around in your own backyard (backyard only), if you have one. For food, what you’ll get is a government truck will deliver a box of food for one person to eat for a week, and drop off the boxes at your front doorstep based on the number of people in your household (hope you didn’t lie on the census form!). An armed escort will accompany the delivery person to ensure that no one opens their doors while the delivery person is within 20 feet of the door.

        The ONLY “essential” personnel will be those involved with treating COVID and for delivering the food. These people will be issued uniforms and ID lanyards. So there’s no reason for anyone one else to ever venture outside of their house and anyone on the streets who is not in uniform obviously has no business being there, and will be subject to immediate detention in physical quarantine facilities.

        Let them imagine a real lockdown for a few minutes then ask the question again. Bet the answer is different.

    4. I am not on first name basis with anyone who has died of this disease, or who has a family member/friend who died of the disease. Nor has anyone within 2 degrees of me even been hospitalized. But I know of more than 10 people who have lost their jobs or had wage reductions because of this lockdown.

      At some point people need to stop reading the internet and instead look around their neighborhood to realize what the real problem is- and that isn’t a virus that leaves 999,700 people out of a million healthy.

      1. I’m in construction so I haven’t stopped going to work at any point. I meet new several new people a day. Naturally the virus is all anyone can talk about. I have yet to meet a single person that either has it, has had it or even knows someone who had it.

      2. 80,000 dead, most of whom would still be dead regardless of how the government responded or did not respond to SARS-CoV-2.

        30,000,000 unemployed, most of whom are unemployed because of government actions. (Not counting the travel industry and movie theaters, which people would have avoided anyway.)

      3. EXACTLY!! Thank you!!!

    5. Doesn’t unemployment eventually run out on the applicant? I don’t you can get it forever.

  12. https://twitter.com/redsteeze/status/1261298991758639104
    Stephen L. Miller
    @redsteeze

    It’s the price we must pay for keeping everyone safe. Lockdowns must continue until there is a vaccine. We’re all in this together.

    The Hollywood Reporter
    @THR
    Vice Media laying off 155 employees

    Godzilla Sushi T-RexSushi
    @Godzilla_Sushi

    Ben Shapiro said on the Commentary podcast this week that everything would change once the media felt the pain. It was an analysis I hadn’t considered.

    1. meh I figured the tune wouldn’t change till the white collars felt it. It’s starting to change. But by the time the white collars feel it generally the damage is already done.

    2. I thought that chicken and beef shelves at grocery stores being empty would send the message. I misundstood who Karen’s really are. We need to force an artificial kale, tampon and boxed wine shortage to get things up and running.

    3. Maybe NYT and WaPo will be next?

  13. Fuck it, just keep printing that money! We are to far in to give a shit anymore. Many people are doing better right now with Trump’s handouts than they were when they were employed.
    https://youtu.be/UBYCZCGSVmQ

    1. Wearenotperfect
      May.15.2020 at 2:04 pm
      “Fuck it, just keep printing that money!..”

      You tell ’em, progtard!

  14. $654BB x 3, carry the one.

    I’m gonna guess that that number balloons to about $2TT for three months. Because government programs ALWAYS cost more than the initial sticker and they always find a way to spend it in less time then intended.

  15. “Individuals, not the government, shut the economy down.”

    Yes but those people were frightened into doing it by the fucking government who told wild tales of millions of deaths based on flawed models.

    It is ultimately the governments fault. They deserve all the blame for scaring people about what amounts to a bad flu season.

    Also when you’re told to sit far apart and wear PPE to go anywhere you tend to do the minimum which is not enter the business but have them come to you. So of course reservations are down. That does not mean it’s anemic it’s just different.

    Finally if the Democrats in congress and state governors are going to keep holding back recovery they are in for some serious shit at the ballot box. They painted themselves into the corner they can bloody well figure out how to fix it. If that bitch Wittmer does not see how much she is despised by now there’s no saving her.

    1. Individuals did not shut the economy down. What a stupid fucking take by Christian. The most you can blame individuals for is a slow down. The economy would have dipped and would have been back up the second people realized that the rest of the country isn’t New York City. The government, by literally forcing businesses to close, DID in fact attempt to nuke the economy.

      1. Then they wonder why I’m angry like mad. It’s one thing to have my life turned upside down because of low IQ assholes in government but it’s quite another when they spin the narrative into having done this to myself.

        I expect this rubbish from progressive publications but Reason is anything but staying true to its damn name now.

        1. “Reason”. You forgot the quotes.

  16. This legislation doesn’t end mass unemployment and it doesn’t get paychecks back into their pockets.

    You don’t get rid of Trump by doing either of those two things anytime soon.

  17. In the north of California, with an area about the size if Virginia and a population of 1.2 million, there have been 9 deaths attributed to coronavirus. There have been 31 vehicle related deaths during the same period. If we are to do anything to prevent even one Covid-19 death, what about those dying at a three-times higher rate?
    I propose a national 20 mph speed limit. Those objecting are either fearful of monetary losses or will find this to be inconvenient, marking them as Wall Street monsters.

    1. “Just blocks away is Elmhurst Hospital, which saw some of the worst scenes tied to the health crisis. The scene at the church is a reminder of the economic impact, reported CBS2’s Kevin Rincon.”

      Not a health crisis. It’s a health issue we needed to deal with which demanded an intelligent approach (I think Sweden had it right). No breadlines there, right?

      It’s a human created one. We could have avoided this madness and hysteria. But we chose to take the absolute worst approach because we let fear direct us.

  18. “The innovation-breeding creative destruction of free markets is important during good economic times. In a pandemic, it’s essential.”

    Weird take on the Broken Windows Fallacy.

    Bank of Canada today warns about debt: Force people into debt, then warn them about being forced into debt.

    We’re living in a hysterical dark age.

  19. Social distancing does nothing. It’s just stupid theatre for stupid people who watch CNN and think Trevor Noah is smart and funny. It’s too late for that. They can pass all the onerous measures they want on business but all it will accomplish is to further impoverish us over the long term.

    Government will make dying illegal.

    Especially to Covid.

    It is done. WIN!

  20. “Individuals, not the government, shut the economy down. They’ll also decide when, or if, it reopens.”

    WHAT?

    Are you a fucken drug addict, Christian?

    Did you just fuckng write that?

    Listen to me, I didn’t shut my own business down on March 27. THE GOVERNMENT SHUT ME DOWN and they’ve been stringing me along ever since.

    Fuck you.

    1. Yeah, individuals named Newsom, Cuomo and Whitmer.

  21. One of the things that amaze me is how much people believe that actions such as protests have immediate results. Even Reason has ran stories about how the lockdown protests have had no impact. They act as if the Civil Rights or the Vietnam War protests changed minds overnight, they seem to forget until 1968 the Vietnam War had popular support. It took years of protesting. It took years of protesting to change the publics mind on segregation and other racist government policies. Even as late as the 1975, my mother was warned about befriending blacks while my dad was stationed at Ft. Polk. This was by the white spouses of white soldiers in regards to befriending the black spouse of a black soldier in my Dad’s unit. My mother told them to fuck off she would be friends with whomever she wanted. Change is slow. Yes, the lockdowns were initially popular, and even now seem to have a plurality of support. Support, however, is steadily decreasing and more people just are refusing to even comply. Change is slow. If you mentioned independence in 1765 you would likely have been run out of town, even by those who were growing uncomfortable with parliament’s actions. It took nearly 11 years for it to reach the point that a committee could be formed to write a Declaration of Independence. The Civil War wasn’t the result of Lincoln’s election but the result of a slow growing anger over the Missouri Compromise (or even earlier non-decisions on slavery following the Revolution).

    1. Do we have time to “go slow” and “take years” before we sink into a catastrophic inflationary depression? I don’t think so. We need to pull back on the stick right now or we’re biblically fucked.

      1. No, we don’t. I am saying they have already lost. It now has momentum all it’s own. The states and localities pushing more lockdown is evidence that they are losing. And the more they do the more they lose.

  22. The time has come to focus on Washington. I once believed that everything progressives are up to can be identified by following the local news in San Fran and NYC (google SF and hit news, you get the latest tax or mandate, ban, energy or food inflation, ration, whatever). Wow, was I wrong. Jayapal sounds like a real go getter that wants to fund my payroll. What could go wrong?

    Thanks Washington State!

  23. The clowns in DC are attempting to subsidize and save (spenders) or return to (openers) an economy that died with the first human C-19 case. All they will do is extend and prolong both the economic and / or viral suffering.

    The destruction of creative destruction is unavoidable, and any attempt to do so only creates more destruction.

    1. The Great Pandemic Deal.

      1. Exactly.

        And this time we won’t even get a nostalgic Forest Service rental cabin like those left from the CCC. This time we’ll only get more graves and a decade(s) long stagnant economy.

  24. You say ‘hero’ enough times and it loses all meaning.

    1. I recall when Bloomberg was mayor, he was asked by a reporter. Are they a hero…and he replied, that word gets thrown around so much today.

  25. Per Massie, the last corona bill was enough to give most families $60,000, or test EVERY American 100 times at a $100 a pop.

    If you were going to entertain any type of assistance, it would be far more productive just to helicopter dollars across America than the blatant graft we are seeing.

    Oh, and part of the bill is a gimme to an organization that lobbies on behalf of lobby groups.

    Just set the whole thing on fire.

  26. I have friends who do not want to go back to work because they will make less money… Also, why are we trying to bail out states without reforms. Here in NJ, they wanted to make a $4.6B Pension payment (which is still short of the estimated $6B+ and the ridiculous rate of return) Not to mention spending some $5B on Platinum + Diamond $38k healthcare plans.

    Oh, I just found your budget shortfall. Everything is about politics, never about rationale or math.

  27. The COVID-19 Virus is rampant, and I hope that it will pass as soon as possible and that the sunny spring will come soon.buy tiktok likes

  28. Speaking of Zombies – how old is Nancy Pelosi?

    1. Which parts? Some have been replaced.

  29. Every time I see a picture of Pelosi I remember the time I was babysitting my granddaughter. I was flipping channels on the TV and stopped on CSPAN briefly. Pelosi was blathering on about something. After a few minutes my granddaughter tugged on my sleeve and said “Papa, I don’t like this movie.”

  30. 1800 pages. Unbelievable. That is almost $2 BILLION a page.

  31. The troubling part is that so few seem to have an issue with the fedgov borrowing trillions from future taxpayers, they just want to argue over who should get the loot. Just end the shutdowns (they were an overreaction from the start) and get everyone back to work.

  32. It’s crucially important to understand that the federal $600 unemployment subsidy is NOT per month. It’s $600 per WEEK. The new bill will extend this benefit to January 2021.
    In CA, combined with the state unemployment benefit that means that anyone who would make up to $54,000 working annually would be financially BETTER off by NOT working. The incentive for most to push for reopening the economy will quickly disappear as people fully grasp how profitable unemployment will be.
    $54,000 annually comes to about $26 an hour. Suppose a desperate employer offers his low skilled workers $28/hr to come back to work. People will quickly understand that they’d be working for $2 an hour — taxable. Few will come back.
    It gets worse. Remember that paychecks have deductions taken out that the unemployment checks don’t require. Top of the list: the 7.65% deduction for social security. On a $28/hour pay rate, that’s $2.14 deducted just for SS.
    In addition, in CA, unemployment checks are not subject to STATE income tax. It IS subject to FEDERAL income tax.
    What’s not clear is how the CA FTB (tax authority) will treat the federal helicopter payments. While TIED to unemployment benefits, these payments are really just welfare payments not based on income earned (or lost).
    Of course, if you made $100K+ a year, you don’t get the helicopter payments. You WILL get the BILL for the helicopter payments. That’s SOMETHING, anyway!

  33. Everyone who pays attention sees this now for what it is, a mistake. I understand how fearful we were, I was too. Now we know it is not the monster we feared it would be. Enough already, time to move on, and never let this happen again. God forbid we ever do have a pandemic and we cried wolf too many times.

    It is definitely not the time to use taxpayer assets to pay for more whining people to not get back to work. I used to be a Democrat until this nonsense, Pelosi needs to stfu.

  34. “Businesses need to be able to adjust to a world where COVID-19 remains an ongoing concern.”

    It remains “a concern” only until the Ds find out it won’t keep Trump from being re-elected.

  35. The Post Office has been on life support for well over a decade. Time to move it to hospice.

  36. I don’t think anyone notice the little tidbit that follows:
    If the cash is given directly to the people, it’s not taxed.
    If it’s given to employers so that they can continue to pay their employees, it is taxed!

    1. “I don’t think anyone notice the little tidbit that follows:
      If the cash is given directly to the people, it’s not taxed.
      If it’s given to employers so that they can continue to pay their employees, it is taxed!”

      Some of us did, and, further, this is routinely ignored:
      “Trump proposes eliminating payroll tax through the end of the year”
      https://www.nbcnews.com/politics/white-house/trump-proposes-payroll-tax-cut-through-end-year-n1154656
      In his proposal, the money is not only tax-free, it never passes through the hands of the government to ‘select the most needy’; it simply stays with those who earned it.
      It has the further advantage of perhaps informing people ot the amount of money routinely taken from them.
      No wonder it was opposed by the career politicos of both parties!

      1. If it’s an unemployment payment, it IS taxable for FEDERAL but not of many states’ purposes.

  37. WHERE in the U.S. Constitution is the Federal Government granted authority to Launder the peoples money again???

  38. If a laid off part-time worker can get some nominal state unemployment payment, they will also automatically get the full $600 a week federal giveaway. Low income part-timers will too often get DOUBLE or TRIPLE what they made while working.

    Brilliant strategy by incumbents! After all, a part-timer’s vote counts just as much as a productive person’s vote — a person who pays high taxes and, if laid off, gets no federal windfall (having previously made $100+K annually).

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