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Microbailouts - the economy as a freeway

Started by Sol Young · 7 months ago

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  • When I let someone merge, and I do often, it's a humane thing - I'm thinking about the good that I did for that one person, often overriding how it impacts the people behind me who have to wait.

    I am definitely not thinking about the freeway, or the overall traffic flow.

    So, while I find your analogy poetic, I don't think it's apt, unless you are advocating for bailing out the economy one person at a time.
  • That's exactly it though, and perhaps poetic (thanks!)... You're
    offering bailouts on a micro scale maybe without realizing the macro
    effect. The microbailouts are performed for the greater good as well
    as local humanity.

    The accident is a large problem affecting the freeway flow (economy).
    One's merge is perhaps the same as donating to charity (mild example)
    or boosting one's tax bill (maybe a more pertinent example) to allow
    the system to function until a resolution is made.

    I'm not necessarily advocating a bailout, just as I believe cars
    speeding up the shoulder shouldn't be microbailed out (but good
    drivers should). I see a similarity between the ways we operate in
    traffic and the way we're reacting to the economic crisis... And I
    think microbailout is good way to break this big hairy mess in to
    manageable chunks.

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