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Covfefe-19: Do What Now?

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Handyman said:
This is why I am saying we arent pulling out of this for quite some time. Yes there will be a good day here, maybe a good week if a business hits a good spot but this downturn will be everywhere. We havent even seen the full effect yet because businesses are just shutting down now. Imagine if Vegas stays closed for a month...imagine if Disney continues to have issues along with the other movie studios and theme parks...imagine airline issues for 8 weeks...you are going to have sagging businesses, 20% unemployment and zero certainty in leadership. If something happens to a bank the Depression is real...
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20% might be a low estimate.

Meanwhile, New Zealand devotes 4% of its GDP to bailing out the banks. Sorry, the people. It is spending 4% of its GDP on people. Sorry, I got confused.

The $12.1 billion package includes:

Initial $500 million boost for health
$5.1 billion in wage subsidies for affected businesses in all sectors and regions, available from today
$126 million in COVID-19 leave and self-isolation support
$2.8 billion income support package for our most vulnerable, including a permanent $25 per week benefit increase and a doubling of the Winter Energy Payment for 2020
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http://theconversation.com/new-zealand-outstrips-australia-uk-and-us-with-12-billion-coronavirus-package-for-business-and-people-in-isolation-133789
 
leswp1 said:
Just back from a walk where I took a break from the constant onslaught of information that is constantly changing. Realized now we are in the hunker down phase I feel a sense of relief. Finally, instead of being a 'lone voice calling out in the darkness' and begging people to be serious the narrative has shifted to almost all people doing what will help. They might argue about the science but the social pressure is in the right direction.

Over the last few weeks I have been so grateful for these threads as a little puddle of sanity, where people 'get it' and understand what we are in for. It is a very lonely place to have everyone telling you that you're seeding panic, over reacting, challenging facts for [fill in the blank], etc.

So. Thanks, folks. You are the bees knees!

Plus these threads are gold. So many different walks of life, jobs, etc makes it well rounded.
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I want to second this post. I stumbled upon USCHO back in early 2009, with a different username whose password I’ve long forgotten, but I didn’t realize it had political threads under the cafe section until ~5 months ago. Once I discovered them, I incorrectly assumed they’d be filled with conservative propaganda bull****, with a lot of college hockey fans being white and all. Boy, was I wrong. Happy for it.
 
dxmnkd316 said:
https://www.mediaite.com/tv/doctor-...on-tucker-an-incompetent-incoherent-response/

Tucker seems scared by this. He has actual experts on and he’s ripping Seema.
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That's because he's a selfish huckster who found a good way to make a buck; never a fully bought-in Trumper but never thought it was going to really negatively affect *him* to have a complete nimrod in charge filling his cabinet with other complete nimrods.

Tucker is only half as stupid as he pretends to be.
 
Re: Covfefe-19: Do What Now?

As I said earlier I think Mnuchin is out to lunch with 20% but I was being positive ;)
 
Re: Covfefe-19: Do What Now?

Trump says he knew coronavirus was a pandemic 'long before' it was declared

Huh. I swear to God anyone planning to vote for him this November deserves to contract the virus. No not really but ffs.
 
Re: Covfefe-19: Do What Now?

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">We can now read the Imperial College report on COVID-19 that led to the extreme measures we've seen in the US this week. Read it; it's terrifying. I'll offer a summary in this thread; please correct me if I've gotten it wrong.<a href="https://t.co/AwE2cHIbeJ">https://t.co/AwE2cHIbeJ</a></p>— Jeremy C. Young (@jeremycyoung) <a href="https://twitter.com/jeremycyoung/status/1239975682643357696?ref_src=twsrc%5Etfw">March 17, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Jesus read the whole thread...
 
Re: Covfefe-19: Do What Now?

My boy did a flight yesterday, generally a full plane, yesterday, a hand full of non revs on it.
 
ticapnews said:
I've been told that isn't spending. It is quantitative easing. It's perfectly normal. Nothing to see here.
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Now who's putting words in other people's mouths? :rolleyes:

No one said it's normal. We said it's not the same as the federal government spending 1.5 trillion. Which it factually isn't.
 
walrus said:
My boy did a flight yesterday, generally a full plane, yesterday, a hand full of non revs on it.
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Our payloads are even less than I saw with a regional.

Company told the union yesterday they think we can get through this without involuntary furloughs. Sounds like Cathay Pacific is starting to ramp operations back up. Trans States announced a few weeks ago they were shuttering in December...I imagine that will be moved up to in the next month or so.
 
Re: Covfefe-19: Do What Now?

When you get to work early, you overhear conversations in the quiet. HR telling my manager that on a call yesterday the corporate decision is we remain open, even if the governor shuts things down, our local facility doesn't have the right to close unless corporate says so.

I'm not surprised. This country is so greedy and selfish, we're *d
 
Re: Covfefe-19: Do What Now?

Slap Shot said:
Trump says he knew coronavirus was a pandemic 'long before' it was declared

Huh. I swear to God anyone planning to vote for him this November deserves to contract the virus. No not really but ffs.
Click to expand...

Two conclusions can be drawn from that based on the actual response we've seen since January...

1) he's 100% lying that he actually knew, which means he's not qualified to be the President of all of us based on that, and many other lies.

2) he's 100% truthful and did actually know. Which means he's not qualified to be the President of all of us based on the actual response- as it has been beyond pathetic and likely has resulted in an outbreak far, far more than what could have been done had we been on top of this like S Korea was. Test, test, test- monitor where it is and how it's progressing and use that data to prevent a further out break- none of that was done.

So either way, that claim means this idiot should not be leading us.
 
Re: Covfefe-19: Do What Now?

wolverineTrumpet said:
When you get to work early, you overhear conversations in the quiet. HR telling my manager that on a call yesterday the corporate decision is we remain open, even if the governor shuts things down, our local facility doesn't have the right to close unless corporate says so.

I'm not surprised. This country is so greedy and selfish, we're *d
Click to expand...

Interesting- I was kind of surprised how quickly my company made decisions (based on the real business decisions that have been going on over... different thread). We cut off the outside very quickly- stopped all travel, limited who could enter buildings, etc. And then just as our Governor did the press conference, we went to mass WFH. Still some people testing, so we can be somewhat productive- but you can see that the amount of personal exposure is drastically cut back. It would actually take corporate VP approval for me to go back to my building. And my wife's organization was more painful, but once it was done, they went from "why are you working from home" to "why are you at work when you can work from home". Not required. but VERY encouraged.

Noting the traffic in AA, more are that way than not.
 
Re: Covfefe-19: Do What Now?

Re- the economy...

Yes, there could be 20% losses- as businesses are forced to close. But there's going to be a HUGE pent up demand for getting out and eating as soon as this is lifted. I'm betting that it's going to take some time to recover and start new options.

The ban isn't permanent. It wasn't in '18-19 and the economy was great for the following decade until the actual Great Depression.

People still have to consume some stuff right now- Amazon is seeing a surge in orders, and needs to add people. Grocery store systems are being strained, and that is another opportunity to work. And restaurant delivery services will probably expand- another opportunity.

This sucks, no doubt. But I don't see the long term effect, and for once, actually agree with dumpy when he things things will bounce back quickly once this passes. It has happened before, so there's data.
 
Re: Covfefe-19: Do What Now?

All depends on the depth of the stoppage. Couple months with the feds stepping up and paying people? Agree. If this drags into the next “flu” season, then issues.
Hearing Jhina touting a cure.... not a vaccine.
 
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