We’re going to have to play it by ear...take care of the most critical businesses and their employees that are effected first. There will also be sectors that come back very quickly (ie fulfillment, etc).
Piece of Trash
- Thread starter NYShoreGuy
- Start date
It's helping those people out. If you're single mother making $100,000 even, with 2 kids and a mortage you get zilch, zip, nada. And like I said those in areas where your real estate taxes are $1200 for the year, that's fine. But in this area that's a month, month and a half real estate taxes. You need something.
Of course. Do what absolutely needs to be done first, but as we are seeing with our failure to meet the risks of the virus, we need to prepare for what is a month away rather than reacting to what already happened.
Sounds like jobless claims are going to come in around 2.5 - 3 million already which is going to have a rippling effect throughout all sectors. It could be fairly devastating honestly.
It's not funny but the travel ban was called racist. Where was the outrage 3 months ago. The biggest issue was we sold out 30 years ago outsourcing our medications to China. Past sins for a quick buck are coming back to haunt us.
It’s too soon to say. There are so many factors that play into this. Industries like travel and tourism will be slower to respond. On the other hand this is serving as an eye-opener regarding being over-reliant on China for critical items. Sectors like healthcare may require 50% of parts and assembly of equipment to be US. Remember this is a global pandemic. Other countries are going to struggle with similar issues. Who recovers quicker? The vast majority of infections here have been limited to NY and a handful of states. If we can continue to limit spread it does protect our manufacturing and other assets.
That's what I am saying though. If we act when we know, it's too late.
It's not going to be limited to a handful of states. NY was just first. Most states are just behind on the timeline
There are more cases in NJ, Michigan, Louisiana, Illinois and Florida today than there in NY a week ago.
You’re not understanding what I’m saying. We don’t know what business are going to be affected more or less because we don’t know when the restrictions will be limited and how the public will respond to them. Things might look very different 2, 6, 12 months from now.
I do not think all states are going to be equally affected. The containment strategies are a big part of ensuring that.
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I'm a millenial and I don't agree with you. There are lots of people in politics in it for themselves, regardless of their age. Politics won't change until you end all lobbying and get money out of it.
The only certainty we know is that it will most likely impact all of them. Directly or indirectly, every business is likely to be negatively impacted because of this. Spike in unemployment will mean people spend less money. When people spend less money, businesses layoff more people when more people are laid off, people spend less money etc...
Not necessarily equal, but I doubt many states won't see a period of exponential growth.
I expect many layoffs will be relatively short (2-3 months). There will also be pent up demand in many sectors. This is very different than financial crisis. There are mass layoffs but other businesses are putting more hours in.
I wish I shared your optimism there, but I really don't.
Losing this many jobs all at once is fairly unprecedented. Without major government intervention that provides some certainty going forward, consumer confidence is likely to see a significant drop. People will stop spending and employers aren't going to start hiring until they know the demand will be there.
We have the benefit of being able to see this happen in real time so should be able to understand the potential economic risks, and we also have the benefit of seeing how the 2009 stimulus package worked. In my opinion, we should implement a short term, 3-6 month UBI. It will provide some economic certainty. People who need the money will have it and the rest of the country will have the confidence to keep spending as we come out of this.
Losing this many jobs all at once is fairly unprecedented. Without major government intervention that provides some certainty going forward, consumer confidence is likely to see a significant drop. People will stop spending and employers aren't going to start hiring until they know the demand will be there.
We have the benefit of being able to see this happen in real time so should be able to understand the potential economic risks, and we also have the benefit of seeing how the 2009 stimulus package worked. In my opinion, we should implement a short term, 3-6 month UBI. It will provide some economic certainty. People who need the money will have it and the rest of the country will have the confidence to keep spending as we come out of this.
I just can't figure out why both sides of idiots can't agree on somethings, pass them, then later get back to the things they disagree on. We, the people, really need to take back our government. Political agendas are still more important than the people and at a time like this get something minimal done and they expand on it. You'll look good twice. Instead we'll sit here with uncertainities for longer than we need.
Take companies payroll tax returns, give them the money they need to pay their people for a month at a time and get people the money. Might also help in discouraging off the books employees too.
Idiots is right...more speeches and pontificating that the other side is the problem.
I agree for the most part. When it comes to situations like this, I am on the side of us throw more money at the problem than we need to. I don't really care if we are giving corporations too much as long as we are taking care of citizens at the same time. Some of the initial criteria on the direct payments didn't really make much sense and hopefully they have worked that out so the people who need money the most will get it.
Don't really know enough to have an opinion on it otherwise though.
Senator Kennedy nailed it. Granted it's been said by many before him, however expressing on the floor for everyone to see was great.
“This country was founded by geniuses but it’s being run by a bunch of idiots.”
“This country was founded by geniuses but it’s being run by a bunch of idiots.”
speaking of pieces of trash...here's some of @flconticello 's greatest hits:
"This is the most ridiculous thing I've seen in my life. If you can't follow what's happening...the dems call this over a year ago. See Bill Meher video from his show WISHING for ANYTHING to tank the market and economy. Thanks what this is whether you want to believe it or not."
"This is pretty comical. Considering canceling the greatest college sporting even of the year for risk of catching a cold. SMH."
"This is an absolute joke. Let's all go hide in our bunkers over the sniffles."
"As an MIT PhD in Biological Engineering who studies & does research nearly every day on the Immune System, the #coronavirus fear mongering by the Deep State will go down in history as one of the biggest fraud to manipulate economies, suppress dissent, & push MANDATED Medicine! -shiva ayyadurai....Check out his Twitter"
"Guy has multiple PhD's in immunology and the study of these viruses. People need to open their eyes to what the MSM actually is and their motives. The info they're dishing out will turn out to be as accurate and truthful as Russian collusion. I know politicians or media had nothing to do with the virus however they are certainly fanning the flames of the situation to tank the economy and stock market which they've been praying for for 3 years."
"CDC is politicized. I prefer to trust independent sources"
"Look at his qualifications. I've personally talked to a physician neighbor who wholeheartedly believes this is way overblow . You can choose to believe what you want. I chose not to treat this like the end of days."
"What draft... everything will be pushed back by this ridiculous case of the sniffles. Never seen anything more overhyped. You realize, media has mentioned Coronavirus over 50,000 times in the past month while Ebola was mentioned only 1700 times at the time."
"Swine flu accounted for over 12k deaths an no media hype. This is 1000% political."
"Well maybe I'm blessed. But seems that over 80% exhibit MILD symptoms. Should 80% of the population be punished for the less that the 20% that are susceptible? Make your own choice... that the point of a free society isn't it?"
"What!?!?? Are you trying to imply a virus like the cold virus is something you can't be cured from? It's a coronavirus...same class as the common cold. Stop perpetuating this nonsense."
"I don't believe anything coming from the mainstream media. If we've learned nothing else the past 3+ years is that they will blatantly lie, manipulate or distort the truth and when called out refuse to accept accountability. The hyping of this virus is 100% political. SARS, MERS, Ebola were FAR worse and didn't get a fraction of the media hype."
"agreed...that is why the 3% number is ludicrous. What they were saying is when this all shakes out it will be much closer to Flu numbers."
"This is the most ridiculous thing I've seen in my life. If you can't follow what's happening...the dems call this over a year ago. See Bill Meher video from his show WISHING for ANYTHING to tank the market and economy. Thanks what this is whether you want to believe it or not."
"This is pretty comical. Considering canceling the greatest college sporting even of the year for risk of catching a cold. SMH."
"This is an absolute joke. Let's all go hide in our bunkers over the sniffles."
"As an MIT PhD in Biological Engineering who studies & does research nearly every day on the Immune System, the #coronavirus fear mongering by the Deep State will go down in history as one of the biggest fraud to manipulate economies, suppress dissent, & push MANDATED Medicine! -shiva ayyadurai....Check out his Twitter"
"Guy has multiple PhD's in immunology and the study of these viruses. People need to open their eyes to what the MSM actually is and their motives. The info they're dishing out will turn out to be as accurate and truthful as Russian collusion. I know politicians or media had nothing to do with the virus however they are certainly fanning the flames of the situation to tank the economy and stock market which they've been praying for for 3 years."
"CDC is politicized. I prefer to trust independent sources"
"Look at his qualifications. I've personally talked to a physician neighbor who wholeheartedly believes this is way overblow . You can choose to believe what you want. I chose not to treat this like the end of days."
"What draft... everything will be pushed back by this ridiculous case of the sniffles. Never seen anything more overhyped. You realize, media has mentioned Coronavirus over 50,000 times in the past month while Ebola was mentioned only 1700 times at the time."
"Swine flu accounted for over 12k deaths an no media hype. This is 1000% political."
"Well maybe I'm blessed. But seems that over 80% exhibit MILD symptoms. Should 80% of the population be punished for the less that the 20% that are susceptible? Make your own choice... that the point of a free society isn't it?"
"What!?!?? Are you trying to imply a virus like the cold virus is something you can't be cured from? It's a coronavirus...same class as the common cold. Stop perpetuating this nonsense."
"I don't believe anything coming from the mainstream media. If we've learned nothing else the past 3+ years is that they will blatantly lie, manipulate or distort the truth and when called out refuse to accept accountability. The hyping of this virus is 100% political. SARS, MERS, Ebola were FAR worse and didn't get a fraction of the media hype."
"agreed...that is why the 3% number is ludicrous. What they were saying is when this all shakes out it will be much closer to Flu numbers."
I hope you and your loved ones are unaffected. Thanks for the support over the last few weeks. The PPP (Piratecrew's Pompous Poster, not the Payroll Protection Program) is smart enough to know better but chooses to troll anyone who questions how important he is. I wish the whole thing were over but we are faced with months of medical risk and years of economic fallout.
Stay safe,
kk
Thanks for the kind words. Sadly, we haven't been unaffected, but nothing major has hit my orbit. I know 3 people that got it, including one co-worker at the radio stations. Luckily that person doesn't appear to have affected any other co-workers.
But I'm pretty sure I've had CV for the last week. Can't get a test until this coming Tuesday, but my symptoms have passed. All mild symptoms, so I can't compare to the horror stories we've all read. Pain/soreness in my chest when I took a deep breath, mild cough, shortness of breath (VERY mild compared to what others went through) for about a week, and intermittent short bouts of mild fever, aches & chills early on.
The fallout of all this could have been much much smaller in all areas if we wouldn't have wasted all of February & half of March doing little to nothing. Hopefully the powers that be will all suffer in terms of holding onto power (and in some cases i hope they suffer personally) for the damage they've all caused. Now is the time for Americans to break the will of this disgusting ruling class & keep them out of power for the future. I just hope the anger in the populous translates in November. We have such a complacent culture.
I am sorry you may have had COVID-19 but now that it is passed, I hope you did get it so you can move on from it. One of the big problems is that it is not like the flu. It's fine if its mild symptoms but really bad if you are part of the 20%. Personally, I don't wish the virus on anyone. I am no saint, but I don't want to go that far.
it is a little spooky having shortness of breath for that long with no change. You're basically waiting around for things to get better or worse around the one week point.
Sorry I'm extremely vengeful against the opposition.
Sorry I'm extremely vengeful against the opposition.
https://www.uscovidplasma.org/#donate
if you’ve had CV you should consider donating your plasma to help treat up to three patients.
Doing little or nothing? The president was called a racist and xenophobic for banning travel from China as soon as the first case was confirmed. I can send you clips of your pals Pelosi an AOC urging people to patronize Chinatown because IRS perfectly safe. You can call me anything you want keyboard warrior. Typical lib.
The mortality rate is continuing to fall. The only controlled study was on the cruise ship where when those numbers are extrapolated on the US population the rate is 0.1%. The economy has been damaged way beyond what this virus called for.
I still think Biden is the favorite, but Trump being on TV every day managing the situation has to be helping him politically. Stark contrast with Biden. Haven't seen him anywhere for a week or so.
The power of incumbency is very strong, especially during a crisis in an election year. In the end though, Trump will be evaluated on the current situation more than anything else. If the economy recovers well in the third quarter, he just might win.
The power of incumbency is very strong, especially during a crisis in an election year. In the end though, Trump will be evaluated on the current situation more than anything else. If the economy recovers well in the third quarter, he just might win.
like I said, Biden was last on my list of dems... but yes, I will happily vote for him over Trump.
agree on Biden. Missed opportunity from him.. and Trump will be evaluated on how he handled this.
Though people are starting to understand that he didn’t take it seriously enough.
https://navigatorresearch.org/navigating-coronavirus/
And honestly, I would be absolutely shocked if we don’t find out soon that Trump was presented with the same grim outlook which caused certain senators to dump their stock, but public ally downplaying the virus because he thought it would make him look bad.
