Opinion - Coronavirus: Who cares about stocks when people are dying?

Deutsche Welle ^ | March 27, 2020 | by Kate Ferguson

[Oldeconomybuyer]

[kiryandil]

I’m Kate Wilson, not an economist, and I approve this message.

[miss marmelstein]

Someone doesn’t know how to multi-task.

[kiryandil]

I’m Kate Ferguson, not an economist, and I approve this message.

[Jim Robinson]

Yeah, let the economy collapse. Tens of millions starving to death is no big deal. /s

[Nifster]

I care about stocks.

[CatOwner]

The wealthy care, and most truly don’t care about anyone other than themselves and their immediately family.

[sonrise57]

Maybe it’s because I am a hospice chaplain and I am hardened, but my first reaction to this was — “people die every day, should the living give up on life?”

[Antoninus]

It is worth considering that if small government offers no cure in a pandemic, it may not be the healthiest option in ordinary times either.

It's big government that got us into this mess, sister. Big government is doing what it usually does to try to get us out -- print money. That doesn't always work, particularly if you're not in a country whose currency is the world standard.

[cherry]

I don’t think you abandon all reason at any time.....I don’t think you explode a problem so its impact is much, much more devastating.....

[TalBlack]

The global economy is imploding, but it is difficult to care when there are people gasping for air.

Utter BS! This is just the usual, manipulative leftist hypocritical trick. People are ALWAYS dying, gasping or otherwise. Watch how fast they don’t matter anymore when someone SHE approves of is in charge.

[faucetman]

Until people are killing each other in the streets.

[plain talk]

The two have nothing to do with each other. People are always dying and people should always find ways to invest and fund their retirement.

[foreverfree]

Bump

[freeandfreezing]

More left wing BS propaganda. They are spewing it out now.

[tomkat]

It’s a shame that women with good sense are often lumped in with ninnies such as this.

[Antoninus]

Maybe it’s because I am a hospice chaplain and I am hardened, but my first reaction to this was — “people die every day, should the living give up on life?”

The correct answer to idiots like this is as follows:

Me: "We could save 50,000 lives in the US every year if we did one thing: make the automobile illegal.

Someone else: "I disagree. People need their cars and are willing to take that risk because the potential benefit outweighs the potential cost."

Me: "Well, it's obvious that you don't care about human life."

Someone else: "What an idiotic thing to say!"

Me: "Exactly."

[Jeff Chandler]

The wealthy care (about stocks)

They're the only ones. Except for workers whose pensions are invested in them. And millions of ordinary people whose life savings are in 401Ks. And employees. And managers.

But only those people.

[Ikemeister]

Very similar to the left’s argument for gun control: “who cares about the second amendment when people are dying?”

[Wuli]

It is not about “stocks” per se, nor really about the companies represented by those stocks.

Those things are stand-ins for the economy in general, and the economy in general is about the people, their livelihoods, their savings, their ability to pay for the things they need, to provide for their children and to prepare for a future.

It is not about “saving corporations”. It is very much about saving one of the most important things in people’s lives - the economic ability to care for themselves.

Of course to all Leftists THAT is not so important.