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Originally Posted by acottawa
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2.5 Million more basically got no hours and many of these and more had their wages mostly paid by the government. This totaled $100 million and was far more questionable.
I know the claim is all this led to milk and rent costing more but a massive recession bordering on depression is the only other option. We are a living paycheck to paycheck debt fueled consumer economy. A total collapse was certainly not preferable. Could we have spent only $100 million on wage subsidies and CERB instead of $200 Million and had a little unemployment sure maybe. It is a bit weird we didn't accept even having a minor recession.
Again we can argue about what was best but saying even a 50% lower expenditure was possible seems unlikely.
UK US and Australia all with more right wing governments than us spent more. Only Italy and France spent less of our contemporaries but they likely have such robust safety nets and long term unemployed it's not comparable. (edit: and they got a piece of the $2 trillion the EU spent)
https://www.taxpayer.com/media/Repor...c-Spending.pdf