Covid-19 Helicopter Money: Go Big Now or Go Home by suedoenym

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· @suedoenym ·
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Covid-19 Helicopter Money: Go Big Now or Go Home
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>**Either save your citizenry or sacrifice your legitimacy** by bailing out the predatory-parasitic class. If the ruling elites save their parasitic pals, the public will demand the scalps of the predatory-parasitic class, and as the crisis deepens, they will eject every craven, greedy elected toady who caved in to the predatory-parasitic class.
>**So listen up ruling elites: either go big or go home.** Either accept that it's going to take several trillion dollars in helicopter money to insure the most vulnerable households and real-world enterprises remain solvent, or quit and go home.
>**The pandemic crisis isn't going to end in April or May**, though the urge to indulge in such magical thinking is powerful. It might still be expanding in August and September.
Source: http://charleshughsmith.blogspot.com/2020/03/covid-19-helicopter-money-go-big-now-or.html

Does our political class have the courage to do what’s right, or will they be craven cowards yet again?

 Basically, we need Universal Basic Income *now*. The old way of bailing out “too big to fail” business and relying on trickle-down economics just won’t cut it.
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