I don’t doubt the good intentions of our government leaders, including elected officials and public health regulators, as they tighten restrictions on our freedom of movement.. We are “bending the curve” and easing the pressure on our health care system. But unless an effective anti-virus drug is found and administered to everyone very quickly, bending the curve will only delay the time before most of us will become infected, and will lengthen the time that we all suffer emotionally and economically.Why is our response to this situation so dramatically different than our response to the flu or automobile accidents? Both the flu and auto accidents kill tens of thousands of Americans each year and are preventable. We could dramatically reduce those deaths if we used the same extreme measures that we are using against COVID-19. But what is the point of living if we have to stay away from our family and friends? For a few weeks, fine. For several months or more, not acceptable. Life has risks. We need to balance the costs and the benefits of our efforts. Soon, we need to once again let people decide for themselves how much risk they are willing to take.
- Seniors and others on Medicare, disability, pensions, and other fixed incomes – they will continue to be paid.
- People who have had no reported W-2 earnings during the past year – since they have been getting by on unearned income
- People who have household earnings around or over $75,000 per year – they qualify for unemployment benefits.
Don’t give grants, but make low-interest rate loans available. We can decide later whether or not to forgive any loans. Don’t allow unrelated “riders” on any pandemic response bill. For example, don’t’ forgive student loans, don’t add any permanent employer mandates such as child care, sick pay, paid family leave, etc. Watch out for and deny other special-interest legislation trying to take advantage of this crisis.
Please try to balance costs versus benefits. We have lived normally with the flu killing tens of thousands of U.S. citizens every year. I am a senior – age 66 – and I don’t need any bailout.