I'm thinking trillions more in relief $ for maybe a year. Could be $20-30 trillion.

[stopbush]

Until there’s a vaccine or effective meds to treat symptoms, things will be about where they are today. Fauci says the virus will be resurgent in the fall. Others are saying Round 2 will be worse than now.

We can always hope, but the virus is going to continue doing what it does. Every misstep by tRump just makes it worse and pushes normal further down the road. People will NOT be going back to work. I hope the pols are looking at this long term, because blaming the people for not having the resources to live without jobs is not a strategy.

[vrguy]

1. Think Bigger!

because of the undereporting

[Turbineguy]

2. Supposedly, bats have 20 or so more viruses

Of course they could close the wildlife wet markets....

[unblock]

3. the entire us gdp is about $20 trillion

so $20+ trillion in aid is overkill.

then again, after donnie skims off his take,....

[Claustrum]

4. I doubt it. People will instead learn to live with the virus while going back to a "new normal" life

We simply can't be staying home for much longer. Businesses will continue to layoff workers. Businesses will go out of business. It's simply not sustainable for people to stay home for any more than a month. People will go bankrupt, can't afford rent or mortgages, etc.

Look around the world and they are starting to re-open, even with a second wave. We have to take the precaution to wear mask, wash our hands more, stay away from close personal contact with people, stay away from large gatherings, etc.

[roamer65]

5. I think the infection percentage is much higher than thought.

There will be another surge in the fall, but I don’t think it will be as bad as the flu was in late 1918.

We need massive antibody testing NOW!

[ananda]

6. I guess we could always print more money, or ..

just add a few zeroes to the treasury account.

Welll, just sayin ....

[not_the_one]

13. like Ronald Reagan...

when asked about HIS deficit, he commented that the deficit was "just a number". He at least had the decency to NOT say, "so what? What is your point?" Quite a "meh" moment...

Call me a cynical bastard, but with all these trillions being spent, apparently we can afford a lot more than we have been led to believe.

Can you imagine if, before this clusterfuck, these TENS OF TRILLIONS had been thrown at the infrastructure, health care and education? In healthcare alone, this fiasco could have been lessened HUGHLY!!! (sic)

We could have good paying jobs in construction (and the related economies), building roads that do not destroy the vehicles that use them, bridges that are in safe condition NOT verging on collapse, a highspeed train system following the interstate system (a NEW, IMPROVED AMTRAK!!!), solar energy, wind energy, with new jobs in a new technological economy, plus EDUCATING students to FILL those new jobs in the new technology, resulting in MUCH cleaner air... the mind boggles at what could have been.

But you can bet your ass that as soon as $$ are recommended for THOSE items, it will "break the bank".

Meanwhile, the big corporations are lining up for their bailouts. Apparently the whole corporate system is arranged that they can make billions year after year after year, but ONE BAD YEAR and they all go bankrupt, requiring the tax payers to give them money to stay afloat.

Me thinks the game is rigged in THEIR favor, and against US.

But as I said, I am a cynical bastard.

[durablend]

7. LOL as if #MoscowMitch will ever approve that

He and Trump are going to tell you "go back to work or (Trump shrug)"

[Botany]

8. I like football and follow Ohio State but the idea that we will have football this year is madness.

The talk about the NFL draft and the upcoming NFL season is really bizaar because until
we have a viable vaccine we can not have 10s of thousands in the stands and the 1,000s of
people who are needed to bring off just one game will not happen.

From where I am sitting right now there is 2,000 + cases 50 miles to the north (Marion State Prison),
200 to 300 cases are at the state prison hospital which is 12 miles away, and my county Franklin
has 1,700 diagnosed cases and God only knows how many undiagnosed cases too.


And this is all on Trump, McConnell, Vlad Putin, Fox News, and Trump's supporters.

[NoMoreRepugs]

9. Opening the US consumer driven economy while

having NO idea whatsoever how widespread the infection is across the country is MADNESS.

tRUMP has managed to control the number of tests and the subsequent “number” of cases - but he cannot control the number of DEATHS.

The incarcerated population of the US that will cycle back into society without any protection from the virus is only one example of why, until there is an effective vaccine Covid19 isn’t going away.

[getagrip_already]

10. Think the day after....

But in this case, the day in question is the day after election day.

If the regime falls, so will all the propping up they are doing.

The fed has been investing trillions keeping the bond market afloat, but what most people don't realize is they are also propping up the stock market. They can't buy stock directly, but they can buy funds that invest in stocks. Junk bonds, hedge funds, and stock funds are all being pumped full of cash as fast as the zero's can be added to the end of numbers.

One of these days, some reporter will connect all the dots. But it is going on.

There is no reason stocks haven't tanked. Market forces are not at work. For example, how could a company like UAL be trading at $27 when it has near zero revenues and billions in expenses? It should be in the dollar range. It won't come back to life for years after restrictions are lifted.

There are thousands of stocks in this category. Yet they are trading in a strong range relative to their ability to stay out of bankruptcy.

Someone is buying stock. Lots of people are selling. But that somebody is not the market. It's the feds.

[customerserviceguy]

11. Does the world

really have that much to lend to the US government? I doubt it, unless it were to be sucked out of other investments, and that would take high interest rates to accomplish.

[stopbush]

12. The top 10% or so in the USA has a net worth of around $50-trillion.

We could see a post-WWII-like 90% tax rate that claws back a lot of that wealth for the greater good.

In the meanwhile, we’ll just print more money.

[customerserviceguy]

14. Tax rates

only grab a piece of income, not wealth. And you'd need at least 60 Democratic Senators to see even a possibility of that happening.

But, yeah, printing more money is probably what's going to happen. And if we do recover from this, economically, inflation will take off like a rocket.