(03-12-2020, 09:56 AM)HURRICANE!!! Wrote: We've heard a lot of things floating around on other threads but I thought it would be a good idea to get your thoughts on what the Gov should be doing to stop the market crash

OK, OTHER THAN COMING UP WITH A CURE FOR CARONAVIRUS (which isn't going to happen for quite a while), what can the Gov do today to stop the bleeding to the market

** I think they should allow the population to defer on loan payments for 3 months.  This would include no home mortgages, no auto, no student loans, no credit cards, or any other loan payments until July 1.  The Gov would subsidize the loan industry for their Q2 losses on not being able to recognize any interest pmts. **

I like the 0% payroll tax for my own personal benefit as well but I can't see that happening right now.

THOUGHTS?

I like the 0% payroll tax, but neither party likes it because that money is injected right into their pockets for spending and would be a last ditch effort.

Personally, i'd love no interest/mortgage on anything, but it wouldn't be fair to people with no debt or mortgage.

On a side note, I am fine with the airline industry going bankrupt and down in flames. They deserve it.

---