COVID-19 Outbreak (Update: More than 2.9M cases and 132,313 deaths in US)

N.O.Bronco said
If it was a one-time payment? I have my doubts. Sure, there would be some people that say screw this at their minimum wage jobs in large numbers and go back to school or something, but not sure that’s a bad thing.

If it was an annual thing, sure. As most people would in fact quit there so-called “essential” jobs that in reality pay them like they are cheap disposable sacks of meat. Like we are currently doing.

But that is the truth to the capitalist wheel isn’t it? What people at the top are really fighting against are measures that take away their profit margins by way of near total dominance of the labor supply chain that allows them to force people into essential jobs in their company chain for almost no pay.

Paying people a standard wage would essentially allow them to overnight have a strike fund and force companies to move their wages upward in order to just remain capable of attracting people to work in these less desirable but essential occupations.

I believe you're applying your own economic standards and practices onto everyone in our society.

I know if my wife and I were to get $75,000 each, not a single thing would change about our lifestyle - and I am sure the case is the same for you as well as for many of the fine folks on this here thread. Sure we may pay off a couple of credit cards or put a little bit more money into our mortgage principle, but outside of that, she and I would still go to work every day and would not spend much of it.

On the other hand, you put that type of money in front of a teenager or young college student or person struggling, living paycheck to paycheck, and they'll suddenly feel like they're on top of the world and would not be the same person they were before or feel they need to work. You really think the average person working at a fast food joint would not become demotivated instantly?

You don't think infusing $75k across 150+ million U.S. adults would have an effect at all on the overall value of the dollar? Overall demand for everything would suddenly go drastically way up, especially for items already in high demand, such as my loaf of break example, so supply would essentially stay the same....see where this is going?