"If you had the opportunity to save a million people from preventable death, would you do it? … This is not merely a rhetorical question, but one that members of the Congress will have to answer in the present. … Right now, legislation has already passed the House of Representatives that would do just that. And it was included in the newly released COVID relief bill that is being negotiated between House Speaker Nancy Pelosi (D-Calif.) and Treasury Secretary Steven Mnuchin. It would require the Treasury Department, which represents our government at the International Monetary Fund (IMF), to support a multi-trillion dollar relief package from the Fund. These funds are not loans and therefore will not have to be repaid. They have no conditions attached to them. And they do not cost the U.S. government anything at all — not now, and not at any time in the future."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Academics from the United StatesColumnists from the United StatesNon-fiction authorsEconomists from the United StatesPeople from Chicago
Original Language: English
Available Languages (1)
Sources
If you could save a million lives, would you do it?, The Hill (1 October 2020)
https://en.wikiquote.org/wiki/Mark_Weisbrot
Revision History
No revisions have been submitted for this quote.
Categories
Mark Weisbrot
15 quotes on TrueQuotesView all quotes by Mark Weisbrot →
Related Quotes
"The IMF leadership, and almost all of the 189 member countries — including U.S. allies such as Germany and Canada — a…"
"Social security should really be a prominent issue in this presidential campaign. Despite the fact that about one-six…"
"The Trump administration is repeating the collective punishment strategy in Venezuela with a crippling financial emba…"
"Seeking to foment a military coup, a popular rebellion, or civil war, the Trump administration has made it clear that…"
"All of this is illegal under numerous treaties that the U.S. has signed, including the charter of the United Nations,…"
"The cast of characters supporting this regime-change effort, whether in Washington or among some of its closest allie…"
"Consider a recent IMF loan. In March, Ecuador signed an agreement to borrow $4.2bn from the IMF over three years, pro…"
"All this [in Ecuador] is taking place under a government – elected in 2017 on a platform of continuity – that seeks t…"
"The American right has always hated social security, from its origin in the New Deal of the 1930s. Social security is…"
"Economic sanctions, as the U.S. is applying against Iran, Cuba, Venezuela, and other countries, cause immense harm...…"