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Welcome to seat of the pants government
And you whined about Obama, do you think things are hammer ready now?
The US is now playing the 2008 playbook on a grand scale -- bailout, stimulus, Fed printing trillions of cash and lending it to avoid bankruptcy. Apparently "infrastructure stimulus" is next. We're sort of like a 2 year old with a hammer, to which everything looks like a nail.
The danger in what we are doing is likewise that this becomes enshrined as standard pandemic policy for the next time -- shut down the whole economy, print rivers of cash, wait for technology to save us.
This episode should be regarded as what not to do, so we have a robust and fast-moving public health response that avoids a shutdown.
That is why we have a federal government.
It's not a Daily Reality TV show
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