[Mick]

Here's an economist that suggests shutting down the economy for a year would cost $4 trillion, and still be worth it (economically speaking).

https://www.marketplace.org/shows/market...-benefits/

As an aside, all the jobs gained since the trough of the Great Recession have now been lost.

BC

Haven't looked at your link yet.  i did see the article right below it, which wondered whether unemployment benefits would cover the cost of living.  It used, as an example, $521 in unemployment per week with $600 from the stimulus, and concluded: "The average nationwide is $370. Add that to the pandemic benefits and it totals $970, about the same as the average weekly pay of Americans nationwide."

It failed to point out, however, that the $600 stimulus payment is good for just four months. So the conclusion is incorrect, it's not enough to replace one's income.

https://www.marketplace.org/2020/04/23/c...-benefits/

[Mick]

Here's an economist that suggests shutting down the economy for a year would cost $4 trillion, and still be worth it (economically speaking).

https://www.marketplace.org/shows/market...-benefits/

As an aside, all the jobs gained since the trough of the Great Recession have now been lost.

BC

Haven't looked at your link yet.  i did see the article right below it, which wondered whether unemployment benefits would cover the cost of living.  It used, as an example, $521 in unemployment per week with $600 from the stimulus, and concluded: "The average nationwide is $370. Add that to the pandemic benefits and it totals $970, about the same as the average weekly pay of Americans nationwide."

It failed to point out, however, that the $600 stimulus payment is good for just four months. So the conclusion is incorrect, it's not enough to replace one's income.

https://www.marketplace.org/2020/04/23/c...-benefits/