Re:Keeping Government Out of Your Business
by tathougies on Wednesday March 25, 2020 @01:18AM
(#22682139)
Not everyone is losing 10k though? I am not losing anything from this. Im still employed and working. Others are not. Yes they ought to take income tax from people working during this time and give it to those who can't and those who've lost business income because of it.
Besides, the real point of the stimulus is to give people cash needed now. This is a liquidity problem not a fundamental problem with the economy. Taxing people in the future to pay it back is not only a good thing, I think its the right thing. And the government should make a pretty decent return on it too This is not difficult to understand.
There's an existential threat to the nation (and globe), which has the potential to wipe out 5% of the population within weeks. (Assuming overwhelmed medical facilities, which will 100% happen without intervention, the death rate climbs to about 4-5% as we see in Italy). Literally millions of Americans dying in their homes, in the streets - all avoidable. 15% of Americans suffering ongoing health issues.
This 'liberty ideology' is not only irrational because said 'economic property' will be destroyed anyhow unless the government does act assertively, but it's also completely missing the point, but we're also talking about human lives and existential calamity.
Of course 'the goddam gubermint' is not some externalized entity - it's you. So if 'gubermint' needs to pay you for your material grievances, guess where they'll get the money?
From you.
So how about the government follow your advice: they pay us each $10 000 for our material property damage, but first, they tax us each $10 000 in order to be able to pay for said damages. See how that works?