Jonger

The economy was mostly agriculturally based.... we're now service based. People have to eat, they don't need ALL the same frills and other services they enjoy in a good economy.

Bailing out a sector of the economy is like teaching a man to fish, giving a direct cash payout to citizens is a temporary band-aid on a bigger problem.

Um... this is the first one since 1918 in of note in the U.S.

Almost everyone out of a job since this started is being paid more than the were while working. Most, not all. At least the ones that can least afford it and have less marketable skills.

Oh, they're going to keep the $600 going, at least until we're so far in debt that our cash isn't going to be worth the paper it's written on.

This is going to hammer small businesses far worse. The economy is propped up by unemployment benefits and a $2400 per week gift. End those are let me know how things turn out. Small business contributes 44% of our entire economy.

Connect those dots and get back to me. Now think about what happens when the $600 gets completely cut off and extensions end.

Not worth shutting down the economy over and plunging us straight into a depression.

Not exactly the bubonic plague 2.0.

Yea, Trump has his rambling sessions..... Sadly, no matter who you vote for this November -- you're going to get this type of president. Biden sounds terrible if you actually watch a few of his recent interviews. Like, he makes Trump look polished.

They should exempt all elementary school age kids. My son is 9 years old and we were at Ikea for 45 mins this past weekend and he was about to pop. Right now the plan is that they'll wear them in the hallways and teachers have to wear them the entire time they're in the building. I suggested they lower the AC temp a bit to help, it was a bit warm in that store which I found to be stifling.

But forcing everyone out of a job is constitutional. Sounds like a major problem if true. Edit. Selectivity forcing people out of a job.

Ok.... well, I'm clearly not talking about you. Chill out bro, it was a comment based on medical community data.

Never said it's a good time. I'd also have let this rip from the start, we could have quarantined the old and morbidly obese. Now, people's lives are ruined to save fatty mcmuffin. https://hub.jhu.edu/2020/06/01/david-kass-obesity-covid-19/

They should still get regular unemployment if they did lose their jobs. It's a shame, since I doubt we saved any lives. We might have prolonged a few, but as we're seeing from hot spot states.... it kills the vulnerable and then runs out of steam.

Should probably just make masks mandatory for 6 months while opening everything immediately. End the $600 per week and then let's see what kind of economy we have left.

The irony of his post is next level. The production line is used to maximize labor potential to turn a profit. Kind of funny how he mentioned Henry Ford like he did.

As the most vulnerable pass away and the rest of the population begins to build immunity, we'll probably see less and less flare ups in places that have already been hard hit. That's generally how viruses work. Meanwhile, we can probably start discussing the new baseline of unemployment being at less double pre-virus numbers

I had to look up what that is. What industry are you in?

No for-profit business in America hires people just to give them jobs. You hire people so your operation has needed labor and people in place to operate at maximum profit potential. Yes, profit is the driver of a capitalist system. I wish we could return to 1950s prosperity, but that had far more to do with our lack of rebuilding necessary after the war. Global competition just wasn't there.

It's a mess. The investigations into hospitals, officials and patients will be ongoing for years. The risk assessment for every virus will be weighed and you bet your butt the threshold will be higher.

Greedy? Because someone wants to make a living on their own and not work for someone else? Jeez.

That's capitalism, the moment you let your foot off the gas your competition will be right there to fill that gap you give them. Most businesses expand so they can weather the lean years, but it's all about timing. Did you just finish paying on capital improvements or did you just start? All of this factors into surviving and much of it is luck or anticipating correctly. This is the first forced business closure since WW2 or the spanish flu? Lol.... you'd be laughed at for thinking this was on the horizon a year ago.

If they could make the same cash with less staff, they wouldn't waste money on payroll in a normal scenario.

I'm so tired of people sticking phones in each other's faces. I wish someone would invent some sort of Faraday cage that blocks cameras.