Either save your citizenry or sacrifice your legitimacy by bailing out the predatory-parasitic class. If the ruling elites save their parasitic pals, the public will demand the scalps of the predatory-parasitic class, and as the crisis deepens, they will eject every craven, greedy elected toady who caved in to the predatory-parasitic class.
So listen up ruling elites: either go big or go home. Either accept that it's going to take several trillion dollars in helicopter money to insure the most vulnerable households and real-world enterprises remain solvent, or quit and go home.
The pandemic crisis isn't going to end in April or May, though the urge to indulge in such magical thinking is powerful. It might still be expanding in August and September.
Source: http://charleshughsmith.blogspot.com/2020/03/covid-19-helicopter-money-go-big-now-or.html
Does our political class have the courage to do what’s right, or will they be craven cowards yet again?
Basically, we need Universal Basic Income now. The old way of bailing out “too big to fail” business and relying on trickle-down economics just won’t cut it.