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Democratic Primaries
In reply to the discussion: Bernie Sanders Proposal for $2 Trillion Coronavirus Emergency Plan Includes $2,000 Direct Monthly [View all]VMA131Marine
(5,071 posts)31. Bernie is on exactly the right track here
We are looking at catastrophic damage to the economy, because this is not going to be over in 2 weeks - look at Italy if you want proof of that. The danger is in Congress doing too little because of the fear of increasing the deficit, not of them doing too much. Were essentially asking the Treasury to print money, it will be debt in name only. Will that be inflationary? Sure, thats what is needed, because if you look at what happened in the Great Depression there was sustained negative inflation (deflation) for years. We do not want to get into a deflationary trap so I say run the presses and print the money.

primary today, I would vote for: Joe Biden
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Bernie Sanders Proposal for $2 Trillion Coronavirus Emergency Plan Includes $2,000 Direct Monthly [View all]
Uncle Joe
Mar 2020
OP
More important, what is Sanders' point? Should he not be on the floor of the Senate proposing....
George II
Mar 2020
#23
Spending money in a time of a crisis like this one is exactly what the govt. should do.
Yavin4
Mar 2020
#13
Much of what he proposed in his early morning email to everyone has already been enacted....
George II
Mar 2020
#26
sanders has no significant legislative accomplishments in the real world for a reason
Gothmog
Mar 2020
#41
You know it Uncle Joe... so does the other Uncle Joe. With the viral epidemic...
InAbLuEsTaTe
Mar 2020
#9
No he's not - he's once again taking ideas and proposals that OTHERS have already presented....
George II
Mar 2020
#29
Schumer talked about virus relief this morning on NPR and wasn't keen on direct payouts
ucrdem
Mar 2020
#15
If Bernie is the "leader" his fans claim him to be, he'll able to get this passed, right?
brooklynite
Mar 2020
#20