You must have missed dozens of posts from me, starting three+ weeks ago.DocBarrister wrote: ↑Wed Apr 08, 2020 8:25 pm That is the common fallacy ... the notion that we can open up the economy before we have brought the pandemic under control ... not an end, but control.
I know this better than just about anyone, not because I'm sharp....simply a function of my vocation.
I understand. Your complaints have been about not shutting everything down fast enough. The list of Governors who, in my opinion, dropped the ball on this is long, and bipartisan.DocBarrister wrote: ↑Wed Apr 08, 2020 8:00 pm Our economy is driven mostly by consumer spending, you know that better than most. People will not flock to movie theaters, restaurants, and stadiums while hundreds of Americans are still dying from the novel coronavirus each day. The only way to open this economy is to get the pandemic under control. That is a prerequisite, not a competing objective, to opening up the economy.
But we don't have to worry about denying people the right to put food on the table. They do. So making that call is a tough one for a leader.
Very much so. But you said you have a year's worth of cash? I'd be amazed if 1% of America workers could make that claim. If I HAD TO, I'm sure I cold last far longer than that...but that would require laying off all my employees. I can make the and bottle the spirits by myself if I HAD TO. I've done it before, and I can do it again. But there's NO WAY I would lay off a single one of my employees.DocBarrister wrote: ↑Wed Apr 08, 2020 8:00 pm I don’t know about you, but I’m not nearly as secure about my job as I was last December
That's 1000% true, unless they more than double the bailout. Trump doesn't want to arrive at an election with 15%+ unemployment. So my opinion is, he gets off his *ss and increases the bailouts and efficiency of the bailouts in the coming months.DocBarrister wrote: ↑Wed Apr 08, 2020 8:00 pm The economy will not come back quickly. Consumers and companies will hoard cash (if they have any to hoard). Millions of individuals and businesses will emerge with more debt. People will remain skittish about going out until a vaccine comes around. From what I have read, there is a growing consensus that the recovery will be slow.
A full decade plus of being the lowest paid employee on the payroll tends to toughen you up. I wish you and your family well!
-----addendum. But I'm scared, too. And scared for my fellow Americans. Not just of the virus...but financial ruin. Congress needs to fix this.