Re:Booking.com gives €28m in bonuses to three top execs; Too...
by dalbasal on Friday May 28, 2021 @04:06PM
(#27319847)
Is it? European/Dutch & US rhetoric can be quite different... but the actual policies are not, at least not in a sense relevant to this issue. In fact, the US cut people a bigger piece of the covid relief money than did most european countries.
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Re:Booking.com gives €28m in bonuses to three top execs; Too...
by e17 on Friday May 28, 2021 @05:42PM
(#27320873)
The US has even sent like $3k straight into the accounts of every citizen over the course of the pandemic! As far as I'm aware no other major country has done helicopter money like thia
Re:Booking.com gives €28m in bonuses to three top execs; Too...
by icoder on Friday May 28, 2021 @07:10PM
(#27321576)
Here that would take care of your health insurance for 2+ years (basically covering your health care for that time regardless of any misfortune that comes your way), or more than half a year of (University) tuition. In US? Probably not so much. Taking into account other welfare benefits, minimum wages, etc would also be interesting.
All I'm saying is to me it doesn't make sense to just look at that 3k and compare it to all other major countries without context.
Re:Booking.com gives €28m in bonuses to three top execs; Too...
by dalbasal on Saturday May 29, 2021 @06:13AM
(#27324217)
IMO, that's whataboutism.
The topic at hand is "we are dumping money into the economy, how to do it." The curious point is that "give it to people" is an exceedingly rare solution. The primary recipients are banks (2009), large firms... occasionally public works and small businesses.
This was the case in europe and the US, but this time, unusually, a portion of the whole did go to people. In the EU, none did. It wasn't even considered.
The way health or education work is another matter, and it is not a decision Dutch parliamentarians of the current generation made.
Re:Booking.com gives €28m in bonuses to three top execs; Too...
by julienb_sea on Friday May 28, 2021 @06:51PM
(#27321449)
The US money only went to households making below a certain threshold. Most other countries dumped heavily into their unemployment programs, sometimes funding full salaries for up to a fourth of the country over what is now looking like a 24 month period of time (see France).
Re:Booking.com gives €28m in bonuses to three top execs; Too...
by tick_tock_tick on Friday May 28, 2021 @06:40PM
(#27321372)
Much more than that if you were unemployed.
Re:Booking.com gives €28m in bonuses to three top execs; Too...
by TheRealPomax on Friday May 28, 2021 @06:49PM
(#27321436)
Yes, it is, because you constantly hear about dollars, and rarely hear about euros, in the bubbles that hacker news readers live in.