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A comment on U.S. Jobless Rate May Soar to 30%, Fed’s Bullard Says.

Re:U.S. Jobless Rate May Soar to 30%, Fed’s Bullard Says by smileysteve on Sunday March 22, 2020 @05:26PM (#22658830)
The restaurants near me have all laid off their staff, closed doors, i suspect they won't pay any outstanding bills; Their rent probably isn't even due yet.

I hope that on the reboot we require some "social security" in businesses; healthcare benefits, 2 weeks severance, and retirement savings seem like minimums; Frankly, these requirements should have been included in the 21% tax cut.

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Re:U.S. Jobless Rate May Soar to 30%, Fed’s Bullard Says by marcofatica on Sunday March 22, 2020 @05:31PM (#22658880)
If you suspect they won't pay outstanding bills, what makes you think they'll pay severance and health benefits in a downturn?
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Re:U.S. Jobless Rate May Soar to 30%, Fed’s Bullard Says by lgessler on Sunday March 22, 2020 @05:52PM (#22659047)
I think GP means the government should provide these.
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Re:U.S. Jobless Rate May Soar to 30%, Fed’s Bullard Says by smileysteve on Sunday March 22, 2020 @06:00PM (#22659128)
and if not, require it as an accounting practice like pensions.
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Re:U.S. Jobless Rate May Soar to 30%, Fed’s Bullard Says by lonelappde on Sunday March 22, 2020 @07:22PM (#22659756)
Which are an unmitigated disaster. What happens during inevitable bankruptcy? Social security needs to be administered by society, not business. Tax business if you want.
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