Re:Nearly 8M Americans have fallen into poverty since summer
by mindslight on Wednesday December 16, 2020 @01:38PM
(#25446446)
What has been gradually removing personal agency from the masses is this ever-growing debt black hole, accumulating for decades.
Small business owners aren't feeling some pressing desire to continue their craft during the pandemic, beyond that of anyone with a passion. What's really driving their desperation is needing to pay rent, as the banks continue operating as normal, demanding their periodic tribute, and threatening to confiscate businesses if they don't find some way to pay up.
You said "people with their small businesses don't want handouts". The problem is that they've internalized rent as some inherent fact of life, while viewing anything that could mitigate rent as a "government handout" - despite decades of government financial meddling being responsible for this jam!
The direct solution was/is to suspend all rent/mortgages denominated in USD, and let the pain accrue to those who are usually benefiting from vacuum-up economics. Instead, as always, disinvolved capital was given a pass (along with a huge bailout!) while the political machine went to work dividing the productive members of society to distract from their real enemy.
Small business owners aren't feeling some pressing desire to continue their craft during the pandemic, beyond that of anyone with a passion. What's really driving their desperation is needing to pay rent, as the banks continue operating as normal, demanding their periodic tribute, and threatening to confiscate businesses if they don't find some way to pay up.
You said "people with their small businesses don't want handouts". The problem is that they've internalized rent as some inherent fact of life, while viewing anything that could mitigate rent as a "government handout" - despite decades of government financial meddling being responsible for this jam!
The direct solution was/is to suspend all rent/mortgages denominated in USD, and let the pain accrue to those who are usually benefiting from vacuum-up economics. Instead, as always, disinvolved capital was given a pass (along with a huge bailout!) while the political machine went to work dividing the productive members of society to distract from their real enemy.