So anyone want to explain the economic theory of injecting a few trillion dollars into an economy during a period of high inflation and low interest rates?
Influenza is not the same, but we can take lessons from it. It kills tens of thousands every year.
Do we completely stop portions of the economy for it? And if not, why not? In 2017-18 over 50k died of the flu. So I guess the argument is that 400k dying is too much, 50k is ok?
Here is the reality: we have vaccines, the best defense.
We have therapeutics, and will be getting more.
Our other interventions don't really work that great (masks, etc).
“The data are very clear that vaccinated individuals are less likely to spread the virus to others than unvaccinated individuals,” Christopher Byron Brooke, an assistant professor at the University of Illinois at Urbana-Champaign."
"A recent paper Brooke co-wrote showed that vaccinated people shed less virus, stop shedding virus sooner than the unvaccinated, and shed particles that are less infectious—supporting the notion that they’re less likely to transmit disease."
Big kudos to the @nytimes for telling the truth; Democrats are lying about the cost of this bill, from Biden, Harris, Psaki, Pelosi on down. Manchin and Sinema are the rare honest ones.
"...will be fully paid for with an estimated $2 trillion in tax increases on corporations and high earners.
But budget experts...say true cost of the legislation will be closer to $4 trillion because of the way the programs are structured and accounted for in budgetary process.
"Many of the provisions would expire, or “sunset” after only few years, even though Dems anticipate that they would eventually be extended...reduces their overall cost during 10-year budget window that Congress uses to determine whether a bill will add to the federal deficit."
1. We have major supply line issues, for numerous reasons. 2. We also have major labor supply issues for numerous reasons. 3. Biden team: LETS MAKE IT HARDER TO INCREASE LABOR SUPPLY.
Anyone want to chime in and give me a single example where the Biden team is making it easier to increase labor supply?
Because for the life of me, I can't think of a single one.