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  • Writer's pictureLucian@going2paris.net
    • Mar 1, 2021
    • 1 min read

A Suggestion


March 1, 2021


My apolitical comment on this situation.


$350 billion. I’m not sure how they came up with that number. But I’m thinking that Washington shouldn’t be giving money to states that didn’t have a shortfall (assuming the money is to fill the hole). Those that do have a hole to fill, they have the ability to raise taxes or issue debt. I’d offer a third option - a long-term loan from the Treasury at a risk-adjusted interest rate.


Obviously there is fourth option - cutting costs. That usually means people. I’m not a fan of that option at this time. I did my part by retiring. 😁😁😁


I’m probably demonstrating I shouldn’t comment without doing more reading. I’m firing this comment from the hip.

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