This Tweet and several similar like it from America’s progressive politicians is a disgrace, not to mention grossly misleading and perpetuating the fallacy of composition.
Unemployment is down, jobs are going unfilled, incomes are rising, savings rates are up, the economy is in a good recovery.
No, not everyone is included, there are still people who are hurting and trying to recover, but that is not justification the progressive broad brush approach not targeted at those in need.
Duration of the pandemic.?”
- What does that mean?
- How long does that mean?
- How will the end be defined?
- What is the impact on unpaid rents and mortgages on the economy?
- Who actually needs and deserves such relief and how do we identify them?
There are pockets of possible evictions and any relief should be focused on those areas after justifying the individual need. Only $5 billion of $46.5 billion in rental assistance already approved has been used by local officials.
Blanket assumptions and blanket fixes are unnecessary and they are a trap making more and more people dependent and creating false perceptions.
Where Will the Eviction Wave Hit? Follow the Big Landlords https://www.bloomberg.com/news/articles/2021-08-28/the-biggest-landlords-are-driving-pandemic-evictions