Jonger

We had a big local newstory about a similar situation. The guy owns several restaurants in the area.... he got PPP dollars and called everyone back to do takeout/etc... most of them claimed to be to scared to work. The real story was that they would be taking a paycut from unemployment and didn't want to work. From what I gather he fired them, which would have not affected their unemployment, but he was within his rights. So they started picketing his restaurants and trashing the guy. He couldn't get the PPP without them working, so at least one of the restaurants are closing permanently. Lazy young morons essentially didn't want to be hassled with working for this income. This area has seen a grand total of around 500 infections and 28 deaths. All deaths were in nursing homes, obese and averaged 85 years old.

Umm.... if the businesses that led to their unemployment closed, it's baked in for years. And your other point is another topic all together.

Yea, I was surprised to see certain posters act like this wasn't the case. I also wonder how many Americans are drawing unemployment from a job not returning. That's my primary concern.

And now Japan is having a resurgence.

No, but those in industries still mostly closed aren't going to have much to go back to. The economy is running well right now because the government is printing up cash, but that's going to end. Let's see how nice things are when we have 10% unemployment. Now, keep those businesses closed another 6 months and 10% would be best case scenario.

Nobody doubts that the $600 per week kept the economy going, but that's not going to keep that job around and that's what the more economically nervous posters keep referring back to.

When the layoffs first started I believe those affected were working across a more broad spectrum of fields, wages averaged around $75,000 for those out of work. Now, we're looking at lower paid industries still not back to work. As that link I posted earlier was showing, 2/3rds of those elgible for the increased unemployment are making more than they were previously. Not exactly the prime big spending vacation type. I think the majority of what we are seeing with spending is coming from people making upwards of $2,500 a month more now than previously.

We'll find out when the $600 ends.

Just how bad is the US economy and how bad will it get? Rubenstein didn't mince his words when speaking with Gillian Tetthair, Editorial Board, and Editor-at-large; "I think nobody in Washington, or in New York or any part of the United States, really knows how bad the economy is, because we don't know when we're going to come back out of the shutdown and people are going to go back to work, go back to school. Right now, the economy is as bad as anything I've seen in my lifetime of course and not since the Great Depression have we had numbers as bad." https://www.forbes.com/sites/paularmstrongtech/2020/05/12/billionaire-david-rubenstein-says-nobody-in-us-knows-how-bad-the-economy-is/#38d641f81836

Well, we could make the airlines publicly owned. It wouldn't save us any money after the pillaging and waste is factored in though.

I have talked to numerous people who all stated the same thing. They could see the comet tail when looking off the the side, but trying to look directly at it produced almost no naked eye visuals. Most people are only able to find it with long exposure camera shots.

Too big to fail means that the company is so intertwined into the economy that closing it down would cause more damage than propping it up. I'm not saying it's a good thing, but it's the reality of 21st century economics.

And the other thing, any illness can/does affect the heart. My grandmother died after getting a cold in 2007. That "cold" was almost certainly a virus or bacterial infection with a proper scientific name. Nobody cared back in 2007 about pathogen specifics, but in 2020 you better bet your butt they would/

You can really spot the public employees from the private employees ITT.

I'm going to need a link to this claim. Here's an important bit of info. Restaurants, gyms, bars, yoga studios... etc. They might be closed right now and you won't know who's really down for the count until we re-open these businesses. The employees they laid off or let go are currently sitting at home making as much as 2X what they were making while those companies are never going to re-open. The impact on the economy is actually positive right now. For now.

Key word -- recovered.

But a recent study of 100 recovered coronavirus patients reveals 78 of them now have lasting cardiovascular damage even though a vast majority of them had mild cases of COVID-19 in the first place. If you have looked into the typical symptomatic patient, it would shock me to find they aren't already walking around with cardiovascular damage as it is. That's the thing with diabetes. It's not the diabetes itself that raises your risk of dying or having symptoms, it's the DAMAGE inflicted from the diabetes over the years that causes susceptibility. Heightened blood sugar causes inflammation in your blood vessels and that damages nerves. My sister-in-law has RAGING type 2 diabetes.... commonly walking around with 450 mg/dl every day of her life. She spends the majority of her life recovering or weathering infections. She's 450 lbs and 5' 6''. She would probably perish from COVID-19.

Let's see how fake it is when I try to pay my mortgage with monopoly money.

I have never met anyone who has met anyone with COVID. We would have to play a version of 6 degrees of Kevin Bacon to find the link.

What can I help you with today? Mortgage, a box of cereal, how about a super low price on your future casket?

We're selling lobster and crab like it's going out of style lately. Not the kind of purchase that's responsible for people on a fixed budget. But... that's not going to stop me from selling it to them.

It's the largest city in Michigan.

Those impacted are disproportionally lower paid and minorities. The average income in Detroit is $29.4k. https://www.census.gov/quickfacts/fact/table/detroitcitymichigan/INC110218

Bro.... No, you were not and you know it.