@maxdancona,
maxdancona wrote:
The most important thing the government should give Americans is certainty.
The problem with certainty is that investors and corporations exploit it to keep up costs, because they know that consumers will eventually break down a pay what they have to to get something.
The challenge in a free market is having enough uncertainty to motivate sellers to lower prices in an effort to get sales, even though they would rather hold out for more.
Quote:Obviously the government can't pay everything, but they should pay some... especially if you want people to stick with social distancing.
Government wouldn't need to pay any if supply and demand could just figure out something that works for both.
People aren't going to stick with social distancing if they think that not doing so will result in more government stimulus money.
Basically the mentality of strategic manipulation of government has become widespread, so whenever some social-economic strategist figures out a way to manipulate government, they put out the word somehow through social media using some new version of the enigma code and create little media events to trigger policy pressure responses.
Quote:The biggest failure of the Trump administration is that they are giving a completely unclear message. They say that we should listen to scientists, and listen to protesters... and no one knows what Trump is proposing as far as economic assistance.
That is good, because it stimulates people to spend as carefully as possible instead of spending liberally because they expect a steady stream of payments, like what Sanders and other Dems have proposed.
Dems hate deflation and they hate saving. They want to create economic certainty so people go on spending like there's no tomorrow.
Quote:There are a lot of plans that would be reasonable. The government is failing to give us any coherent plan.
You have to create your own security by saving as much as possible. The future is uncertain so be cautious with your spending.