The Coronavirus

[Bob Butler 54]

(07-02-2020, 11:59 AM)David Horn Wrote: Whoever is driving the stock market has assumed that COVID-19 is over -- at least as far as the economy is concerned.  Every epidemiologist -- in fact, every MD -- has warned that things are getting worse, and the economy will have to be slowed again to prevent massive rates of infection and death.  So far, the science types have been dead-on.  So why are the money folks so completely on the opposite track? Will we be dying to keep the rich rich?

I think the stimulus package has separated the big corporations and the rich from the impacts of the economic slump such that the burden does not fall on them.  It will fall on the little people.  I don't know that this will last, but for the time being the fat cats are happy.