Everything Coronavirus

[KeonClark]

So I'm hearing if you got too much CERB you'll be fined 300% of what you took or serve 6 months in jail? god damn

It's a mess. Millions of people either took too much or didn't set aside for taxes. A lot of these are like single moms or lower income people that spent the whole damn thing right away. They were handing out money like candy with very little helpful information to people.

[G__Deane]

It's a mess. Millions of people either took too much or didn't set aside for taxes. A lot of these are like single moms or lower income people that spent the whole damn thing right away. They were handing out money like candy with very little helpful information to people.

People were getting CERB, half what they needed to live, pay their mortgages and feed their families and yet expected to keep 20-30% back for the taxman? People used to scraping by living hand to mouth paycheque to paycheque will end up with a tax bill for for 5-10K plus the back bills for mortgage and car payments they weren't making .... just when they get back to the pay that allowed them to live hand to mouth previously .... this is for the legal recipients

[KeonClark]

People were getting CERB, half what they needed to live, pay their mortgages and feed their families and yet expected to keep 20-30% back for the taxman? People used to scraping by living hand to mouth paycheque to paycheque will end up with a tax bill for for 5-10K plus the back bills for mortgage and car payments they weren't making .... just when they get back to the pay that allowed them to live hand to mouth previously .... this is for the legal recipients

We saved great grandmas life, but wont be able to afford her funeral when she dies of natural causes next year.

[G__Deane]

We saved great grandmas life, but wont be able to afford her funeral when she dies of natural causes next year.

Gov't will loan you the money to cover Grandma's funeral at 19% interest (in honour of COVID 19)
If you lie about Grandma dying, go straight to jail....

[KHD]

It's true that there's some hindsight benefit Puffer, but at the same time, there was also very early data pointing this to be something that was extremely heavily skewed towards the elderly and people with co-conditions. 97% is a massive number that doesn't get anywhere near as much attention as it should. Matter of fact os vastly ignored, and pushed under the carpet.

Instead of focusing on a targeted, efficient, and zoomed-in approach to where the problem really is (the 97%), we chose to shut down schools, parks and businesses, throw the vast majority of the workforce out of their livelihood, then throw public money at the general direction of the problem. The tangible and intangible cost of that was (and will continue to be) astronomical.

If they picked up a 10th of that cost and used it to improve the quality/oversight of eldercare (and the overall healthcare system), while leaving the rest of us working and in better position to also support our own elderly parents and families, we'd be much better off as a society (both economically and in terms of health).

But that's what you get when we act based on fear rather than facts and data. We chose that path as a society, to shut up and run for the hills when they said it would kill millions in North America and overrun every single hospital. So at this juncture there's not much we can do, other than wait for the bill and hopefully learn something for the future.

before the thread got nuked I posted about this. The initial reports from Italy were available in March. They already showed extreme skew towards the elderly, which was later confirmed by the patient characteristic reports available in May.

When it's all said and done the Imperial College modeling that prompted extensive and continual lockdowns is probably one of the most devastating scientific failures in history. It was completely and utterly preposterous from the start. Unfortunately, Ferguson and co. have doubled down on their model and claimed "look how many lives were saved", and the politicians and media are all too eager to pump that fraudulent angle in order to justify their actions.

[inthepaint]

People were getting CERB, half what they needed to live, pay their mortgages and feed their families and yet expected to keep 20-30% back for the taxman? People used to scraping by living hand to mouth paycheque to paycheque will end up with a tax bill for for 5-10K plus the back bills for mortgage and car payments they weren't making .... just when they get back to the pay that allowed them to live hand to mouth previously .... this is for the legal recipients

The government spent a ton of money just to administer the doling out, and then a ton of money on the program itself. They will now spend another ton to count the beans and separate the frauds from the legit ones, and finally next spring, will spend another boatload to administer the chase for the clawback taxes half the people won't be able to pay back.

The irony is who will foot the bill for it all: The humble taxpayer that wish they hadn't been forced out of work to begin with.

[Puffer]

...When it's all said and done the Imperial College modeling that prompted extensive and continual lockdowns is probably one of the most devastating scientific failures in history...

As I understand it, Fergson had completely blown it the last three times his "model" was used to predict medical results for the government. So what was their thinking when they depended on him to help them steer their way through a potential disaster? "Fourth time's a charm?"

[G__Deane]

The government spent a ton of money just to administer the doling out, and then a ton of money on the program itself. They will now spend another ton to count the beans and separate the frauds from the legit ones, and finally next spring, will spend another boatload to administer the chase for the clawback taxes half the people won't be able to pay back.

The irony is who will foot the bill for it all: The humble taxpayer that wish they hadn't been forced out of work to begin with.

We're screwed
https://www.cbc.ca/radio/thesundayed...ists-1.5594636
No need to worry about a deficit when the government can print money, say some economists

[inthepaint]

We're screwed
https://www.cbc.ca/radio/thesundayed...ists-1.5594636
No need to worry about a deficit when the government can print money, say some economists

CBC to the rescue! When you want to justify reckless spending and free, unearned money for everyone forever, call your friends at CBC to let people know. Like, I wish I knew about "Modern Monetary Theory" sooner. Governments all over the world could all print a bunch of money and solve the world's hunger, and build mansions for everyone with a personal butler. Just need to find some chumps to do the actual work involved to achieve that when money no longer has value.

[Apollo]

We're screwed
https://www.cbc.ca/radio/thesundayed...ists-1.5594636
No need to worry about a deficit when the government can print money, say some economists

You can't be screwed unless you chose to be screwed.

[golden]

CBC to the rescue! When you want to justify reckless spending and free, unearned money for everyone forever, call your friends at CBC to let people know. Like, I wish I knew about "Modern Monetary Theory" sooner. Governments all over the world could all print a bunch of money and solve the world's hunger, and build mansions for everyone with a personal butler. Just need to find some chumps to do the actual work involved to achieve that when money no longer has value.

The CBC makes Soviet-Era Pravda look fair and un-biased.

[KeonClark]

The CBC makes Soviet-Era Pravda look fair and un-biased.

Miekenstien is that you?

[G__Deane]

You can't be screwed unless you chose to be screwed.

So many many comebacks to that

[Apollo]

So many many comebacks to that

Hey, I like to promote interesting conversations.

[golden]

Miekenstien is that you?

Miek Canada Great Again!