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Re:Millions of credit-card customers can’t pay their bills by joe_the_user on Saturday April 25, 2020 @03:45PM (#22980814)
Sure, a more sensible approach would be all shops need strong social distancing measures and the state subsidizes essential shops in implementing. Moreover, the state "freezes" the status of shops that can't open under these conditions and guarantees they'll be able to open in reasonable circumstances after this is done or once things reach a more stable circumstance.

But remember, the lockdowns didn't appear as a "good", a sensible approach, they simply became a last-ditch, necessary approach when the Federal entities and institutions in charge of dealing with stuff basically failed.

And that's the thing, the pandemic prevention team was fired to save money - think of it. But overall, anything devoted to emergency conditions has been fair game 'cause it wasn't paying it's way.

So when the desperate measures went into place, there weren't resources to do them sanely and sensibly. There wasn't time to think about it. The influence of the larger corporate entities intent on profits remained huge.

The economy has been constructed as a machine without an off-switch over the last twenty years. And this isn't a matter of production processes but a matter of finance. Machines can be stopped and restarted, it may cost some resources but very technically achievable. Things are most working even now.

The specific structures driving the situation are the integration of large capital structures and government. The ideal situation of a bond holder is government that have no way to suspend payments, no mechanism or will stop the machine because stopped machine will stop fixed payments.

And that's the thing, we're clinging desperately to this final, ill-conceived "STOP!" because there is a strong urge in various circles to get things going no matter the cost and it's clear the cost would be high.

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