buzzkillb Posted November 13, 2020 Report Share Posted November 13, 2020 The US is going to pull a rabbit out of their hat with this one. Borrow against Americans' savings to pay for lockdowns. Lockdowns I thought we already had that worked or didn't work. Can't remember anymore. Quote "When you look at the personal savings rate in this country, it's now gone from about 8 percent to over 22 percent. We have a big pool of money out there that we could borrow. The historic low interest rates by the federal government, we could pay for a package right now to cover all of the wages, lost wages for individual workers, for our losses to small companies to medium sized companies, for city states, county governments. We could do all of that," said Michael Osterholm during a live event this week with Yahoo News. https://www.msn.com/en-us/news/politics/biden-covid-19-adviser-floats-plan-to-pay-for-national-lockdown-lasting-up-to-six-weeks/ar-BB1aWSHt 1 Quote Link to comment Share on other sites More sharing options...
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