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Celerity

(43,286 posts)

10. I saw on MSNBC earlier that between 5 and 10 million people are facing eviction in the next 90 days

Reply to ismnotwasm (Reply #7)

Fri Dec 25, 2020, 11:58 PM

Dec 2020

without some sort of direct intervention.

Even adjusting for population that is well over a million people in the UK, or in France, or in Germany. 8 to 16 million or more for Europe as a whole (depending on what you count as Europe).

If that many people were tossed out into the streets en masse over 90 days here, you would have crazy riots and general strikes in the nations, and across the continent, if it was spread out to the entire European populace.

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Highlight:

Former Treasury Secretary Larry Summers: "$2,000 checks would be a pretty serious mistake." [View all] Celerity Dec 2020 OP

Okay wryter2000 Dec 2020 #1

He has always been a blustery jerk. Polly Hennessey Dec 2020 #2

You mean the same "mistake" as all of these other countries? PSPS Dec 2020 #3

Asking because I don't know. Did everyone get $2000 in Canada, or just unemployed? Hoyt Dec 2020 #11

Probably just unemployed Disaffected Dec 2020 #22

Summers was one of... JoeOtterbein Dec 2020 #4

He thinks if we "overheat" the bottom of the economy... Wounded Bear Dec 2020 #5

How can it be a bad idea? Cracklin Charlie Dec 2020 #21

Overheat the economy? LuvNewcastle Dec 2020 #6

Hopefully everyone knows what a POS he is. ismnotwasm Dec 2020 #7

I saw on MSNBC earlier that between 5 and 10 million people are facing eviction in the next 90 days Celerity Dec 2020 #10

Can't have the poor getting all uppity and stuff. durablend Dec 2020 #8

Yes, whereas throwing money away to cruise lines and airlines and other dying corporations . . . Journeyman Dec 2020 #9

Summers is a fucking asshole who couldn't even run Harvard U TeamPooka Dec 2020 #12

What economy???? roamer65 Dec 2020 #13

Lol, but more tax cuts for the rich are good Drahthaardogs Dec 2020 #14

A man who managed to rise to his level of incompetance. n/t PoliticAverse Dec 2020 #15

Falling Upward: The Surprising Survival of Larry Summers Celerity Dec 2020 #20

This message was self-deleted by its author Chin music Dec 2020 #16

"We didn't ask for this shit sandwich." No, we certainly did not. sprinkleeninow Dec 2020 #25

he prefers the economy to be stone cold. Like the little people. JDC Dec 2020 #17

I'll take "Pompous Clueless Assholes Past Their Sell-by Date" For $500, please! hatrack Dec 2020 #18

Larry,STFU! Wellstone ruled Dec 2020 #19

Take your neoliberal austerity bullshit and shove it up your ass Larry. Nt Fiendish Thingy Dec 2020 #23

Simple problem to solve. If the economy "overheats", raise taxes on the rich and interest rates. Yavin4 Dec 2020 #24

I think I know where he got this attitude DFW Dec 2020 #26

Is he the reason I still see people call Democrats "neoliberals"? betsuni Dec 2020 #27

Truly disconnected to think the economy is hot right now or a peak wont avg out over time uponit7771 Dec 2020 #28

He's Been Wrong Before ProfessorGAC Dec 2020 #29