Posted 5/23/2020 08:58 (#8274933 - in reply to #8274361) Subject: RE: Contingency plans
Been laughing about that for a month.
Step 1: Apply to get .gov money
Step 2: send some of it to Congressman re-election fund.
Step 3: pull some alphabet blocks out of a bag to get new program acronym
Step 4: Repeat. Go to Step 1. Collect $200. Collect it as many times as you can.
In all seriousness, given the lessons of the 1930’s and the 2008 meltdown, I would like to think that economists and central bankers (as separate from the private banksters) have some idea of where we should go and are advising Congress accordingly, even if the process results in some inefficiently allocated stimulus. The alternative is more cynical and bleak than i really wish to believe right now.