I am a cynic by nature
But not sure i’m buying the whole quell the populist angst angle...I think the goal is to get $ in peoples hands as quickly as possible while waiting on enhanced UE benefits to work thru the system. But I think you are correct, on how unpopular the corporate side of the package will be...even though I think it’s 100% necessary...we need to 1- keep as many people employed as possible and off of the public dole while, 2- minimizing the downstream credit defaults and potential implosion of our banking system. If people don’t like corporate “bailouts”...they’re really going to dislike life without a functional banking system...
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In response to this post by Shenhoo)
Posted: 03/26/2020 at 09:20AM