LogFAQs > #936154256

Hexenherz posted...

What does "ruining the economy" ultimately entail, though? What is your ultimate fear there?

And if we had stronger social support nets in place it probably wouldn't even be a big concern. When people start out with a whopping 5 days of paid time off at an employer for the first ten years they're at a company, of course the economy's going to collapse when something like this happens.

There are all sorts of problems with the way our system was setup including the fact that no one ever saved anything, both businesses and consumers alike.

Ruining the economy to me means 25%+ unemployment. The literature is quite clear on what happens when levels get too high. War usually. Riots...life expectancy goes down with GDP. Death rate goes up with lower GDP.

My fear is for my two daughters. But again...I am NOT advocating we start things up like normal. I am presenting the other option in as objective a way as possible. People always seem to assume I have to agree with something to post it....never understood that.