It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
There is “good news” for those who think the U.S. economy will have a tough time recovering from the coronavirus pandemic, said St. Louis Fed President James Bullard, on Sunday.
“There is a solution using available technology today to fix the economic part,” Bullard said, In an interview on the CBS News program “Face the Nation.”
That solution? Universal testing.
Bullard laid out a system where every American would be tested every day and would wear a badge with their negative result, similar to the ones people wear after they vote.
This would help the economy because people “could interact with each other with a lot of confidence,” he said. And the health-care sector would be able to bring care quickly to those in need.
The sharp increase in initial claims for state unemployment insurance over the past two weeks is good news in the sense that Americans will get the government transfer payments they need, he added,
The third legislative relief package passed by Congress, estimated to allocate around $2.5 trillion in new spending, is about the right size to assist Americans who have lost jobs and income, Bullard said. The challenge now is to get that assistance into the right hands.
originally posted by: StallionDuck
a reply to: EternalShadow
ETA - they killed the link - Here it is again.
originally posted by: DBCowboy
a reply to: EternalShadow
This is the America people want now.
No freedom, but the sweet embrace and safety of the police-state.
originally posted by: DBCowboy
a reply to: EternalShadow
This is the America people want now.
No freedom, but the sweet embrace and safety of the police-state.
"If ye love wealth better than liberty,
the tranquility of servitude
better than the animating contest of freedom,
go home from us in peace.
We ask not your counsels or your arms.
Crouch down and lick the hands which feed you.
May your chains set lightly upon you,
and may posterity forget that you were our countrymen."
Samuel Adams
originally posted by: FlyingSquirrel
a reply to: EternalShadow
If basically everyone I encounter daily is negative and I'm negative too, except we all knew it, that might be actually pretty cool.
a reply to: EternalShadow
"Fed’s Bullard says there is ‘good news’ for those worried about the economy’s future: that universal COVID-19 testing will help restore economic health
originally posted by: FlyingSquirrel
If everyone who was clean had a yellow badge on their shoulder, I think they'd all relax a bit and spend more money.