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Additional 6.6M File for Initial Unemployment Benefits [pdf]

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Re: Additional 6.6M File for Initial Unemployment Benefits [pdf]

#171
post #121
post #101

Earlier quoted context omitted.

Already most Americans support Medicare for all – it’s our bought elected officials who don’t.

eh. Most Americans support a public option. M4A is down to about 26% support as of yesterday. https://i.imgur.com/H9bAwV9.png

...in Wisconsin. https://law.marquette.edu/poll/2020/04/01/new-marquette-law-...

Re: Additional 6.6M File for Initial Unemployment Benefits [pdf]

#172
post #148

Earlier quoted context omitted.

Any speculations on how bad is this going to get? Should I stock up on TP, on food, or on vodka and ammo?

Definitely stockpile TP and food, if you're in an area where the shelves haven't been stripped already. But don't overdo it and leave none for others. (UK already into "one large pack of TP per customer" territory, which is an improvement from bare shelves)

Where I live, there's a sign that says "limit 1 per customer" in front of a shelf that's been completely empty for over two weeks now.

Re: Additional 6.6M File for Initial Unemployment Benefits [pdf]

#173
post #98

Earlier quoted context omitted.

While the benefits amount to something small for cities... they've largely been the ones hit the hardest. NYC residents are more or less being ignored in these stimulus packages.

NYC residents don’t need help, if you can make it there, you can make it anywhere, and if you can’t make it, leave and free up some real estate for those who can.

This doesn’t account for the vast poor and underemployed population. Keep in mind NYC consists of 5 boros, not just SoHo.

Re: Additional 6.6M File for Initial Unemployment Benefits [pdf]

#174
post #101

Earlier quoted context omitted.

I don’t wish a bad outcome but if it happens, hopefully people realize we need a different system for healthcare.

Already most Americans support Medicare for all – it’s our bought elected officials who don’t.

Biden is the candidate even of 'the righteous' . Highly doubt your statement.

Re: Additional 6.6M File for Initial Unemployment Benefits [pdf]

#175

Earlier quoted context omitted.

Any speculations on how bad is this going to get? Should I stock up on TP, on food, or on vodka and ammo?

What are you going to shoot? Food or people?

Technically that's not an either/or, you know.

Re: Additional 6.6M File for Initial Unemployment Benefits [pdf]

#176
post #121
post #101

Earlier quoted context omitted.

Already most Americans support Medicare for all – it’s our bought elected officials who don’t.

eh. Most Americans support a public option. M4A is down to about 26% support as of yesterday. https://i.imgur.com/H9bAwV9.png

Eh. That poll is just for Wisconsin. Nationally it's up to 55%

Re: Additional 6.6M File for Initial Unemployment Benefits [pdf]

#177

Earlier quoted context omitted.

This "economy is paused" idea is getting more and more unjustifiable by the day, weeks, and months. We're not going to emerge from this and just hit the unpause button. Yes some industries will bounce back quickly, but 9 million people over two weeks losing their jobs is an absolutely massive number, and we haven't hit peak yet. There's no way they'll just be simply rehired when this is "done".

If the economy bounced back to what it was on Feb 28th, what is your acceptable number of dead? Would you trade 9 million unemployed for 9 million dead? Do you think that wouldn't have an effect on the market as well? We're in it now, and no amount of wanting to hit the abort button will change anything. It's a fantasy to assume people will just go back to work, the economy will get better, and everything will return…

>Would you trade 9 million unemployed for 9 million dead?

No, I'm not advocating to abort a quarantine and have people return to work.

>It's a fantasy to assume people will just go back to work, the economy will get better, and everything will return to normal

Agreed. I'm advocating we stop believing in this fantasy and face reality that this is the start of a long term recession.

Re: Additional 6.6M File for Initial Unemployment Benefits [pdf]

#178

Earlier quoted context omitted.

You know those signs we memed the hell out of last decade? They're so cliched that they don't mean anything anymore, but think of those. Keep calm and carry on You should relax. We're not the first humans to see some hardship. Everything isn't going to fall apart because the economy has a downturn. Society isn't going to collapse because of this. It didn't happen in the 1600s, nor the 1700s, nor the 1800s, nor the 19…

> Keep calm and carry on You know that that meme originated from a campaign designed by the British government for motivation in the face of mass bombing anticipated in England before the onset of WWII right? I think saying that "this won't be any worse than being bombed by nazis" is not a particularly motivated slogan. > a flu won't cause it to fall apart this century either. If you think this is just a freak thing…

It's actually way more ironic than that. It's traced back to the public stance of the British government during the spanish flu pandemic in WW1, where they decided that keeping the economy going was more important than trying to slow the spread of the flu.

"According to Dr Honigsbaum, the “carry on” advice may well have been responsible for thousands of the 250,000 Britons who ultimately died in the Spanish flu pandemic."

https://www.telegraph.co.uk/health-fitness/body/coronavirus-...

Re: Additional 6.6M File for Initial Unemployment Benefits [pdf]

#179
post #98

Earlier quoted context omitted.

NYC residents don’t need help, if you can make it there, you can make it anywhere, and if you can’t make it, leave and free up some real estate for those who can.

What a cruel thing to say.

I think it’s fair, given the way people in NYC have treated the underclass for a long time.

Re: Additional 6.6M File for Initial Unemployment Benefits [pdf]

#180

Earlier quoted context omitted.

The forecasted unemployment rate is weird: economists are not forecasting a major increase for April 03s release. Do you happen to know why? https://tradingeconomics.com/united-states/unemployment-rate

They do the monthly survey in the middle of the month. Most of the state shutdowns happened after the surveys were completed. Don’t ask me why they don’t just use the weekly numbers.

The weekly numbers are unemployment benefit claims, whereas I think the monthly employment statistics are based on surveying the population and counting the actual number of people who are employed, seeking work, etc.
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