General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsI am not an economics expert, but I know this.
The Republicans are running out of time to save the economy. Our economy is under great stress at EVERY level. Damage is being done everyday they hesitate. Common sense dictates, if you wait too long to take action, the damage becomes long term. It may be already too late to save the economy from long term damage.
bobbieinok
(12,858 posts)* What about restaurants? Will many have to close?
* And movie theaters?
Seems like many types of businesses may have to radically change how they operate in order to stay in business.
I wonder about universities and colleges too. Won't some perhaps major changes be necessary? Will some admins think not having students on campus will be a major cost savings? Plus students would find it difficult to organize and demonstrate vs admin actions that students believe will damage them
SWBTATTReg
(22,171 posts)practiced and masks should be worn (businesses, mind you, by both customers and the workers).
And where is the republican / rump party? I guess that they're practicing their cred, that they don't care about American lives obviously (and a further breakdown of their belief, is that they don't care about businesses either).
I wonder though, in most people's mind (except republicans or rump's minds), when one exercises a bare minimum of logic and thought, that workers do need to stay alive in order to still work and/or buy things, eh?
Throwing money at businesses isn't working as the CV bills (3 of them) have resulted in tons of scamming the taxpayers and businesses are still responding by taking the money anyways and still letting workers go.
Pathetic isn't it? A new rule after rump is gone from the scene should be to never, ever, let a republican into government again, otherwise you're going to have massive fraud. The other new rule should be to ID the scammers and fraudsters stealing from us, the taxpayers, and relentlessly go after them. Don't let a repeat of the 2008 mortgage and real estate debacle happen again, go after the crooks and get everyone of them on charges of stealing, by either inflating their employee numbers (to get more money illegally) or firing workers (when the provision states clearly that they should be retaining workers).
brush
(53,883 posts)are all closed (only drive-thru is open), which means all those jobs inside the bank are lost.
This is just one small example. Imagine what's going on in other industries through out the country that don't come immediately to mind when thinking of job loses.
Stupid trump wasted the nationwide shutdown with his idiocy of re-opening too soon. If we have to shutdown again, and it looks like it in many states, that's just more job losses and economic destruction.
Meanwhile, much of Europe, Asia, Australia and New Zealand, and Vietnam of all places have effectively shut down the virus and are getting on with life, just about back to normal and here we are having to start all over again. The lesson being of course if you elect a stupid idiot you get idiotic leadership.
Wellstone ruled
(34,661 posts)several Bank Branches located in Grocery Stores have been closed for tow or more months. If there is a Bricks and Mortar Bank Branch located with in a certain radius of their Store Branches,then the Store Branch is closed.
The real scary thing this morning is the warning by the major Retail Leasing Companies . With Retail Bankruptcies starting to accelerate,REITS are at risk of doing the same. All these Retail Malls are leveraged two to three times their real value. (Trump Appraisal Values is the norm) And as these Mall owners default on their Loans and Bonds,then the real effects on local units of Government get clobbered with the loss of Tax Revenue.
magicarpet
(14,175 posts)c-rational
(2,596 posts)If we had a nationwide shutdown and tackled the virus much of the long term economic damage could have been avoided; buy no, we had a sociopath at the helm with no babysitters who let the train run off the track. Time to hold the rich, i.e. the real enablers of tRump accountable.
These RWNJ's and monetarists vs. Keynesian's did not want big government until they realized it was the only thing that could save them They demonized the 99% until it was sown they would not be 1%'s without them.
Payback is a bitch, and I only hope we take control of all three branches of government and make them pay their fair share and more this time around.
hydrolastic
(488 posts)will keep us from fixing a lot of the things that will need to be fixed. I remember the early eighties when my parents bought a house at 17% interest and inflation was over 10%. The excuse then was there wasn't enough money for anything. If i hear one word from a republican about a deficit..... This is going to take a rebuild on a epic level.
JCMach1
(27,574 posts)This doesn't end well
AntiFascist
(12,792 posts)Response to shockey80 (Original post)
JmAln This message was self-deleted by its author.
Zorro
(15,749 posts)Republicans want rioting in the street, so Trump can play the law and order card.
It may be the only way they see to win in November.