Coronavirus Journal: Day 22 – Corporate Bailouts

I talked to a guy on the phone for work and he said that he was still going to the park and I guess that’s fine. That’s allowed. But it just seems so dangerous to me. Not just for him, but for his kids and anyone else he comes in contact with at home. The parks aren’t officially closed but the number of cases and the number of deaths in New York City is skyrocketing. 222 people died on Saturday in New York City. I miss going out but I’m happy to just watch the world pass by from my window until the pandemic dies down to reasonable levels. I’m not interested in becoming a casualty.

There are a lot of stupid people posting online about how COVID-19 is “just like the flu” or “no worse than the flu”. That’s not just a stupid thing to say, it’s also a dangerous thing to say. Downplaying the severity of the illness and making people think it’s ok to go out in big groups is going to make things worse and drag the whole thing out longer than it needs to. It’ll kill more people.

The death rate for COVID-19 is much higher than the average flu. The average death rate for flu is about .1%. The average death rate for COVID-19 is 4.7% worldwide (as of today, 3/29/2020 at 7PM EST). 4.7% of the US population is 15,510,000. So, obviously, COVID-19 is a lot worse, and it can hit young people too, not just the elderly. Then, all it takes is having some underlying condition that you might not even be aware of for your entire immune system to be overwhelmed. Then you wind up as just another statistic.

The $2.2T dollar stimulus deal the US government passed is a joke. It’s not even a stimulus. It’s another corporate bailout designed to protect the stock portfolios of the wealthy. It’s like all of these politicians forgot that the way the economy stays healthy is by increasing the spending power of the lower and middle classes. Money has to be flowing from the bottom up, but we’ve had a problem in the US for decades where the money that flows up to the top isn’t coming back down. Trickle down economics is a lie. Anyone still pushing it has an agenda and that agenda isn’t to make America and the American economy strong. It’s to line someone’s pockets.

This probably all goes back to the shift in the US economy from being an industrial economy to being a service/financial (creating money out of thin air through financial bullsh*ting) economy. We don’t make anything here anymore. Not in any significant amounts. Finding something Made in the USA is like finding a four leaf clover. And now we’re suffering because of it. The world is suffering because of how much we’ve outsourced to other countries, especially China.

China gave us COVID-19. Then they turned around and sold defective face masks to the Netherlands that were used in their hospitals where COVID-19 is being treated. Then they gave defective testing kits to the Philippines.

Made in China. It already meant “low quality”. Now it means “dangerous” too. But I don’t really blame China. China is playing the Capitalist game that the West pushed on them.

We have created a system that drives people to create companies that are as exploitative as possible, with no loyalty to their workers or the country that they got started in. It’s disgusting. I’m not pushing the idea that we need full-on Communism, Socialism, and Fascism, but I think we need to move back towards a point where we as a nation, and the Financial parasites in particular, have a sense of loyalty and duty to the country and their workers.

Japan Airline's CEO Slashes his Pay Below the Pay of Pilots, other CEO Should Learn from Him !

Workers should share in the success of a company. I saw an interview once with a Japanese CEO of Japan Airlines in Tokyo. He was absolutely shocked by how much company executives make compared to their workers. He felt that he made a good amount of money and that there was pride and prestige in his position. He felt a responsibility for his employees and lowered his pay along with theirs during the aftermath of the 2008 recession.

We need that in the US. Something is broken. Companies are getting a bailout again and the peasants are getting a trifle that won’t even, in many cases, cover the rent and basic utilities. If this goes on for another month, people are going to need another check from the government and they’ll need one that’s substantial enough to actually make a difference. Or the hit to the housing economy is going to be substantial.

But at least we have toilet paper, I guess.

Key Foods in the Bronx. Toilet paper is making it back onto the shelves.

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