Friday, August 28, 2020

what i'm going to say is that economics as a psycho-social theory needs to be approached very carefully right now.

things that would normally work might not, and things that would normally fail just might work.

but, my basic position is that the government should be less concerned about getting people to spend and more concerned about making sure they don't get evicted. the economy remains largely closed, and stimulus should not be the focus until it's fully opened.

i mean, i'll take any checks you want to give me, sure. just don't be surprised if i put the money in the bank and wait until the mask laws are overturned.

and, if they never get overturned, i may never spend that money at all - because i don't want to hang out in a room full of people with masks on.

https://www.cbc.ca/news/business/canada-recession-economists-1.5704628