It wasn't hard to see this coming but the dumb a$$ Senate passed the bill. Why didn't they make changes? I believe we all know.
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>>> For those who are familiar with Former IBM Chairman Thomas Watson Jr., he once wrote that: “In IBM we frequently refer to our need for ‘wild ducks.’ We are convinced that any business needs its wild ducks. And in IBM we try not to tame them.”
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>>> The moral is drawn from a story by the Danish philosopher, Soren Kierkegaard who told of a man who fed the wild ducks flying south in great flocks each fall. After a while some of the ducks no longer bothered to fly south; they wintered in Denmark on what he fed them. In time they flew less and less. After three or four years they grew so lazy and fat that they found difficulty in flying at all. Kierkegaard drew his point: you can make wild ducks tame, but you can never make tame ducks wild again. One might also add that the duck who is tamed will never go anywhere any more.
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>>> The pandemic is potentially changing that attitude out of necessity and perhaps by design. Across the country, people who were gainfully employed prior to COVID-19 are finding it attractive not to work thanks to the CARES Act (The Coronavirus Aid, Relief, and Economic Security Act). In New York State, the unemployment stimulus package approved by Congress enables someone collecting state unemployment benefits, which are calculated based on the salary of the job they lost, and an additional $600 a week in unemployment benefits funded by the federal government. Many workers are collecting up to $1,000 a week under the two programs.
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>>> The result is that many workers are asking to be furloughed. It’s creating a major problem for companies that are in limbo and not completely shut down. An employer can notify the state Department of Labor if an employee refuses to return to their job or the payroll, and the benefits can be rescinded. But that reporting is not mandated, and some employers fear having to rehire an employee who is disgruntled because they lost an opportunity to make more money not working than they would make on a payroll. Employers also must pay higher unemployment insurance rates if they lay off more workers for longer periods.
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>>> The government has motivated people to collect benefits and stay home rather than work, which will keep unemployment numbers high for months to come. This will further hinder businesses from growing in a reliable, steady and strong manner in the coming months because they can't find people who want to work for less than they received during the crisis.
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>>> And, the longer that we delay the economy from opening for whatever ostensibly valid reason - more testing, more tracking, threat of a flare-up, need for a vaccine, etc. - the more conditioned people are to living off the government dole. Plus, the states are now asking for federal aid because they can't balance their budgets. Moreover, a longer delay leads to the need for even more government assistance as the economy sputters to restart. It becomes more and more difficult to turn off the aid spigot.
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>>> Like it or not, the Coronavirus pandemic is a ready-made vehicle for advancing socialism. It is like a test drive for the non-believers. How better to sell socialism than to have a crisis that forces people to avail themselves of the supposed perks? And, with the nation running up a tab of a trillion dollars expenses for business loans, unemployment benefits, deferred rent payments and other delicacies on the menu or proposed for future aid packages, what happens when the check comes due? Will there be a massive call to forgive some or all of these obligations (e.g., like the Sanders proposal to forgive $1.6 trillion in student loans) by the new converted socialists?
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>>> Like it or not, there will be fewer wild ducks in the free enterprise pond come November election time and even more sentiment for a socialist America.
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