Why isn't the private sector capable of saving itself?

Because that’s not what you asserted. You said government already does it

Trump will just declare bankruptcy. He’s a bit of an expert in that.

Over 8 years. With this Trump is on track to add 6.5 trillion in 4 years

So what. still leave Trump 3 more trillion for his next 4 years.

Yeah I think he’s going to eclipse Obama’s total if reelected too. Every once in a while we agree

6.5 trillion in a single term(with 9 months to go), the highest of any President in history. Remember when you were against deficits and debt?

The difference between Obama and Trump…not only did Trump pulled us out of great economic calamity but worst national health crises since 1918/1919.

BTW…it was Bush that ended the banking crisis in 2008…not Obama.

It’s because the private sector cannot simply print money whenever it likes.

Of course. We were discussing changes in tax law. The point is we pay for this in one or another.

We aren’t out of anything yet. You are at least a month premature with that declaration

Keep praying…

Remember trump and crew bragging about going from 25k to 27k in a day

Remember when Trump said there were 15 cases and soon will be down to near zero? Now we are the global leader in infections.

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Think of it like a new “pandemic fund IRA” or pandemic savings account. You know like thise health care savings accounts the GOP pushes

Business and individuals can put tax deductible money into it or purchase treasuries that sit in this fund, the purchase is tax deductible. Then in a pandemic, the government can authorize withdrawals no questions asked. Only you can’t lay anyone off until it’s dry.

So should we eliminate the private sector and simply let government run everything? Furthermore, the ONLY reason our government can print 2 trillion dollars is because of what the US private sector has done for the past 100 years. Tell me how many other governments in the world can print 2 trillion dollars?

this isnt a “rainy day”

it’s a multi-week, maybe multi-month shutdown

You might look at the unemployment and stock market trends during the transition months between Bush and Obama to check that claim.

Well that escalated quickly

Ahh you are correct. Energency fund. Point still stands. We shouldn’t be bailing out companies that don’t have one

No, simply a rhetorical question.