President Trump on Friday signed a massive $2 trillion emergency spending bill into law, promising to deliver a tidal wave of cash to individual Americans, businesses and health care facilities all reeling from the coronavirus pandemic.
His signature came just hours after the House of Representatives passed the massive package by an overwhelming voice vote, and less than 48 hours after it received unanimous approval from the Senate.
‚ÄúThis will deliver urgently needed relief to our nation‚Äôs families, workers and businesses. And that‚Äôs what this is all about,‚ÄĚ Trump said at a signing ceremony in the Oval Office, with GOP congressional leaders and administration officials crowded behind him....
And where does all this money come from? Are not most countries already in debt? Can states borrow money? and from who? Or is it simply making money out of paper? Crisis procure decisive opportunities for bankers to secure prospect wealth by the returns from loans the "new" money created out of nothing ensures.
Maybe we'll be issued ration books, Youth of Asia.
Unfortunately, "an ounce of prevention would have been worth a pound of cure ‚Ěó"
Ed Yong wrote: ‚ÄúNo matter what, a virus [like SARS-CoV-2] was going to test the resilience of even the most well-equipped health systems,‚ÄĚ says Nahid Bhadelia, an infectious-diseases physician at the Boston University School of Medicine. More transmissible and fatal than seasonal influenza, the new coronavirus is also stealthier, spreading from one host to another for several days before triggering obvious symptoms. To contain such a pathogen, nations must develop a test and use it to identify infected people, isolate them, and trace those they‚Äôve had contact with. That is what South Korea, Singapore, and Hong Kong did to tremendous effect. It is what the United States did not.....