03-14-2020, 07:05 AM
Quote:But the price tag for the federal government could have been vast — stretching easily into the tens of billions of dollars. Over the course of negotiations that 8 percentage point increase was reduced to 6.2 percentage points.
At what point do these people realize that interest rates are basically zero and it's going to take trillions of dollars to keep the economy afloat if we actually have to isolate to the same extent as China? Tens of billions is a drop in the bucket compared to what we'll need to stay anywhere close to the same level. Hopefully at some point they realize this, because we could easily be looking at something far worse than 2008-2009. Shutting down for months would rival the great depression!
