Titelines wrote:LEAVE THE POLITICS OUT OF THE DISCUSSION.
Otherwise this thread will join the others.
The most interesting thing to me is that Governments have no money. Period. Governments have tax revenue. Tax revenue is from individuals and corporations. Individuals don't have any income, there is no income tax revenue. Investments tank, there is no taxable gains on investments. Individuals have no income, they can't buy anything (goods or services) which means corporations have no taxable income.
Before "all this" Federal government spending was what, about $10billion/day? Go google up "net wealth of the top ten americans" (Gates, Buffet, Zuckerberg, etc), contemplate 100% confiscation and do the math. Last time I did it, top 5 at pre Covid spending levels gave roughly 2 or 3 WEEKS of spending.
If by confiscating 100% of the wealth of the top 5 gives you funding for 3 weeks of Federal government spending, is it an income problem or a spending problem?
Tying this back into "small business", my local brewery is doing home delivery of craft beers. Cost a bit more than I would like, but:
It's beer, good beer.
I don't have to go anywhere, so I am automatically social distancing.
For small businesses that are trying to get loans, I have no answers other than "Government is screwing everyone and I'm sorry but I'm not the king so I can't do anything about it".