RochesterRob Posted April 1, 2020 Posted April 1, 2020 21 minutes ago, B-Man said: We’re Following A One-Size-Fits-All Coronavirus Strategy Right Into A Great Depression While this shutdown has already done enormous damage, it is the uncertainty about when and how it will reopen that could prove far more destructive in the long run. No one person can see all the possibilities in what a shutdown will do to the US. Some businesses will never reopen and some people will take years to find employment. America is more than a cubicle farm, auto dealership, or some other business that has its name on the side of a building. Cuomo should have limited the shutdown to the elderly who most likely were retired and the vulnerable who would have issues in a normal flu-type season. I predict that unemployment will take months to get back below 15 percent and many Americans will be financially ruined because their business never reopened or they have been without income. 1 1
123719bwiqrb Posted April 3, 2020 Posted April 3, 2020 15 minutes ago, B-Man said: Well they can all become police officers, as there will be no shortage of "work".
IDBillzFan Posted April 3, 2020 Posted April 3, 2020 8 minutes ago, B-Man said: The biggest challenge to the CARE Act, at this moment, is many banks are reluctant to put up the cash because of how they took it in the shorts in 2008. Some are taking applications right now, but many are still trying to get details, so they are saying we have to wait until next week. BofA is essentially telling people that if they don't have a relationship with your business, they won't take your loan. The problem is that most of us don't have a month to wait because in addition to having no new billables, customers are holding onto their cash and ignoring receivables from little companies like mine. That said, "permanently" is a bit misleading. Even if I have to shut down because I can't carry payroll against no new billables, the billables will return and we will be able to return to work once this passes. On the other hand, no one has any idea of how long "once this passes" actually is. Meanwhile, it's great to see people are finally stopping the blame and focusing on the issues at hand. Oh, wait. No they're not. Nevermind.
Magox Posted April 3, 2020 Author Posted April 3, 2020 The economy is literally dying right before our eyes. The economy is not some Wall street creation. It's not an object whose sole purpose is to make money for corporations. It's not some greed machine. The economy is about earning a living. The economy is about providing for your family and loved ones. The economy is about putting a roof over your head. The economy is about saving money for your retirement. The economy is about being able to enjoy distractions throughout your life such as vacations, having nice meals, going to sporting events. The economy is about living life. The economy is about securing your health. The economy is about people. The sooner people realize how royally fukked what this country and world is about to become due to this complete annihilation of the economy, the better off we will be. 2 5
Rob's House Posted April 4, 2020 Posted April 4, 2020 Every time I see the title of this thread it reminds me of this clip.
Pine Barrens Mafia Posted April 4, 2020 Posted April 4, 2020 17 hours ago, Magox said: The economy is literally dying right before our eyes. The economy is not some Wall street creation. It's not an object whose sole purpose is to make money for corporations. It's not some greed machine. The economy is about earning a living. The economy is about providing for your family and loved ones. The economy is about putting a roof over your head. The economy is about saving money for your retirement. The economy is about being able to enjoy distractions throughout your life such as vacations, having nice meals, going to sporting events. The economy is about living life. The economy is about securing your health. The economy is about people. The sooner people realize how royally fukked what this country and world is about to become due to this complete annihilation of the economy, the better off we will be. And when the disease passes we need to ensure that the politicians don't forget what entity is responsible for this and what foreign policy positions need to be abandoned. Looking at you, globalism. Isolationism for the win.
Tiberius Posted April 4, 2020 Posted April 4, 2020 Quote Politico Magazine turned to a handful of thinkers—people who have studied the impact of pandemics, recessions and more—to helps us understand how to even begin to think about the dilemma ahead. Do we really need to weigh lives against money? If so, how do you do it right? Spoiler alert: No one offered us a hard date for when life will go back to normal. But there were some surprises. You’ll find a clear guide to making the lives-money tradeoff (and a good rationale for doing it), a surprising fact about the economics of the response to a past global pandemic, a suggestion for a surgical middle-ground approach to a reopening, and a strong argument that recessions actually save lives. https://www.politico.com/news/magazine/2020/04/02/coronavirus-economy-reopen-deaths-balance-analysis-159248
Tiberius Posted April 4, 2020 Posted April 4, 2020 One huge problem with reopening up things sooner rather than later, is the threat of social parasites breathing, coughing and sneezing on people. In work places, on public transportation and in schools this could be a problem that is already happening. They are charging people with terrorism for this! I can easily see a third grader running around thinking its funny to scare other kids, that kid would have to be arrested? Right? The close talkers would be a scourge on society!
SoCal Deek Posted April 4, 2020 Posted April 4, 2020 Just now, Tiberius said: One huge problem with reopening up things sooner rather than later, is the threat of social parasites breathing, coughing and sneezing on people. In work places, on public transportation and in schools this could be a problem that is already happening. They are charging people with terrorism for this! I can easily see a third grader running around thinking its funny to scare other kids, that kid would have to be arrested? Right? The close talkers would be a scourge on society! Tibs, the problem comes in figuring out when it’s OK to go back. It’s way easier to shut it down than it is to be the one to give the All Clear. Eventually someone needs to pull that trigger, and they need to do it before civil unrest takes over. I’m glad I don’t have to be the person to make the call.
Tiberius Posted April 4, 2020 Posted April 4, 2020 2 minutes ago, SoCal Deek said: Tibs, the problem comes in figuring out when it’s OK to go back. It’s way easier to shut it down than it is to be the one to give the All Clear. Eventually someone needs to pull that trigger, and they need to do it before civil unrest takes over. I’m glad I don’t have to be the person to make the call. Its nice not to have to make the hard choices! I'd hate to have to choose which patient got a ventilator and which didn't. Thats going to scar some people for the rest of their lives
Boatdrinks Posted April 4, 2020 Posted April 4, 2020 5 minutes ago, Tiberius said: One huge problem with reopening up things sooner rather than later, is the threat of social parasites breathing, coughing and sneezing on people. In work places, on public transportation and in schools this could be a problem that is already happening. They are charging people with terrorism for this! I can easily see a third grader running around thinking its funny to scare other kids, that kid would have to be arrested? Right? The close talkers would be a scourge on society! If you’ve been out anywhere the last few weeks you realize there are a lot of idiots out there. People are still hoarding toilet paper for what reason I don’t know. Oh well, that’s part of the price of a free society. Yes, the acts you describe should be considered terrorism and we need harsh penalties including jail time for anyone committing these acts. This is America, and we need to get back to a semblance of a normal economy sooner than later. We don’t restrict freedoms of all because some will be lawless. We must punish the offenders, though the left will always find that to be “ unfair “ somehow. Follow the rules, don’t excuse them away because life isn’t fair. 4 minutes ago, Tiberius said: Its nice not to have to make the hard choices! I'd hate to have to choose which patient got a ventilator and which didn't. Thats going to scar some people for the rest of their lives And that is exactly what socialized medicine would bring more of. Lots more. 1
B-Man Posted April 4, 2020 Posted April 4, 2020 COVID-19: massive unemployment, except in government. .
jrober38 Posted April 4, 2020 Posted April 4, 2020 2 hours ago, Boatdrinks said: And that is exactly what socialized medicine would bring more of. Lots more. Socialized medicine works all over the developed world.
OldTimeAFLGuy Posted April 4, 2020 Posted April 4, 2020 On 3/28/2020 at 11:56 PM, Q-baby! said: I have plenty at work for me. I sold my business at the perfect time. They just laid off more than 300 people. Sucks for them, but they will be back soon enough. I have killed zero Americans. Can Dbag Trump say that? Nope! Oh, my wife if hotter than horse face! Thanks! ....any chance YOU could be the self-inflicted first?.......... 2
Boatdrinks Posted April 4, 2020 Posted April 4, 2020 1 hour ago, jrober38 said: Socialized medicine works all over the developed world. It works, but it’s not exactly free.Huge taxes come with it. In a disaster scenario like this, the US had far mare capacity, ventilators per 1000 etc than any other country. Still probably not enough, but socialized healthcare is even more stingy. You’re competing for even less resources, so your chances of survival go down.
Q-baby! Posted April 4, 2020 Posted April 4, 2020 1 hour ago, OldTimeAFLGuy said: ....any chance YOU could be the self-inflicted first?.......... Yes.
Pine Barrens Mafia Posted April 4, 2020 Posted April 4, 2020 2 hours ago, jrober38 said: Socialized medicine works all over the developed world. Like, say, in Italy, France and Spain? 1 1
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