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Washington governor announces shutdown of restaurants, bars

governor.wa.gov

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Re: Washington governor announces shutdown of restaurants, bars

#411

Post by PeterisP »

pbourke wrote: post #179
ncallaway wrote: post #108

Earlier quoted context omitted.

Several restaurants in downtown Seattle have already closed. More will probably come over the next few weeks. As I expect this to largely continue to be a problem through summer the tourism industry in downtown is going to be hit very hard. The economic side of this is going to hit like a ton-of-bricks. It's going to be very painful, and we should do everything we can as a society to take care of those that are hit h…

The Alaska cruise season will likely not happen this year. The Canadian government has banned cruise ships from Canadian ports until 1 July. Legally, the foreign-flagged ships of major cruise lines must call at a foreign port between calls at US ports. All Alaska cruises call at Vancouver on their way from Seattle to Alaska. https://www.seattletimes.com/nation-world/canada-suspends-cr...

Arbitrary legal restrictions can be changed, especially if unusual circumstances require some changes.

Re: Washington governor announces shutdown of restaurants, bars

#412

Post by dang »

boznz wrote: post #88

My Daughter was working as a temp between jobs and the work has now been stopped, she had two second interviews planned in Sydney this week now both positions have been retracted and nobody hiring or interviewing, she has about 7 weeks of cash savings and 4 months lease on a rental. Oh and no unemployment benefit or subsidies as she is New Zealander working in Australia. Young People at the lowest risk from this viru…

We detached this subthread from https://news.ycombinator.com/item?id=22589476.

Re: Washington governor announces shutdown of restaurants, bars

#413

Post by dang »

natalyarostova wrote: post #314
ryanSrich wrote: post #312

This feels like a much worse outcome than just taking the virus on the chin and letting 40-70% of the population get sick. That may seem contrarian, but this panic feels worse than the actual virus. More people will die from economic hardship than from COVID.

I guess people would rather lower the gdp than have their parents die.

"Please respond to the strongest plausible interpretation of what someone says, not a weaker one that's easier to criticize. Assume good faith."

The argument about economic effects vs. health effects is getting nastier and could get a lot worse. Please find ways to make your substantive points that don't nudge HN threads in that direction.

https://news.ycombinator.com/newsguidelines.html

Re: Washington governor announces shutdown of restaurants, bars

#414

Post by dang »

All: the debate about economic effects vs. health effects is turning nasty in places and could get a lot worse. Let's not go there. Please find ways to make your substantive points that don't nudge HN threads in that direction.

If you comment, make sure you're up to date the site guidelines. Note this one: "Please respond to the strongest plausible interpretation of what someone says, not a weaker one that's easier to criticize. Assume good faith."

https://news.ycombinator.com/newsguidelines.html

Re: Washington governor announces shutdown of restaurants, bars

#415

Post by marvin »

easytiger wrote: post #403
marvin wrote: post #401

Earlier quoted context omitted.

Hm, ok. That would make it in the region of 1%. Thought my numbers were out of date since I heard 0.6% somewhere else.

1% of what?

8000-ish cases. 70-ish deaths => ~0.9% fatality rate. Very thorough testing, so 0.9% is likely to be a reasonable estimate of the real fatality rate.

Granted, 250k-ish of 50 million is a small sample, but you've got to assume that they haven't tested randomly but tested people who have been in touch with known cases.

Re: Washington governor announces shutdown of restaurants, bars

#416

Post by PeterisP »

icelancer wrote: post #223
chrisco255 wrote: post #135

Earlier quoted context omitted.

They announced $50 billion in SBA loans (up to $2 million per business) for small and medium businesses. Interest rate is 3.75%. These kind of funds will help a lot of businesses float through: https://www.sba.gov/about-sba/sba-newsroom/press-releases-me...

Loans? Not grants? While large businesses get quantitative easing, bailouts of airline industries, etc? Sounds about right. Also from the announcement, lol: "businesses with credit available elsewhere are not eligible" Ah, so if you can get credit elsewhere, you can't get our help, even if it's needed.

Quantitative easing and most of the bailouts I can think of are in form of loans, not grants. The 9/11 airline bailout was 1/3 grants and 2/3 of it was in form of loans. Loans are the default form of bailout pretty much always. They turn into "grants" when the worst-hit businesses can't repay them, but they still allow business to continue and not bankrupt their suppliers and amployees.

Re: Washington governor announces shutdown of restaurants, bars

#417

Post by dang »

JamesBarney wrote: post #347
ryanSrich wrote: post #312

This feels like a much worse outcome than just taking the virus on the chin and letting 40-70% of the population get sick. That may seem contrarian, but this panic feels worse than the actual virus. More people will die from economic hardship than from COVID.

You're talking about conceivably millions in the U.S. alone. 55% * 6% fatality rate * 330 million is >10,000,000. That's a lot of people to sacrifice to keep bars and restaurants open.

"Please respond to the strongest plausible interpretation of what someone says, not a weaker one that's easier to criticize. Assume good faith."

https://news.ycombinator.com/newsguidelines.html

Re: Washington governor announces shutdown of restaurants, bars

#418

Post by PeterisP »

iso947 wrote: post #367
remarkEon wrote: post #248

Earlier quoted context omitted.

China shut down their entire economy for about 6 weeks. That's what we're debating here, whether we should do that in the US.

China is still locked down. It can’t unlockdown until they have a way to stop it, they’ve basically managed to reset the clock to early January.

Wuhan is still locked down, but most of China seems somewhat "restarted" by now.

Re: Washington governor announces shutdown of restaurants, bars

#419

Post by hef19898 »

dang wrote: post #414

All: the debate about economic effects vs. health effects is turning nasty in places and could get a lot worse. Let's not go there. Please find ways to make your substantive points that don't nudge HN threads in that direction. If you comment, make sure you're up to date the site guidelines. Note this one: " Please respond to the strongest plausible interpretation of what someone says, not a weaker one that's easier…

Very important guideline, and one that's way to easy to forget! Ask me how I know it...
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