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doctorpangloss • yesterday at 9:46 PM • 0 replies • view on HN

i don't mean to engage in this rhetoric where you have to worry about being flamed. i'm just asking you to sincerely answer the question and not worry about how it looks.

for example one big lever is student loan debt relief. another is mortgage and auto loans relief. another is reducing the exclusivity period for pharmaceutical patents. so these are taxes in only the metaphorical sense - you get worse medicine with shorter exclusivity periods - but maybe people like that trade?

> the stock market crashing just means cutting back on primarily discretionary spend - think no new car and maybe not buying the family new iPhones every year - they're not in any danger of going hungry, especially if they have any sense.

this is a very paul krugman hand wavey POV. without a doubt, it would be a catastrophe.