Earlier quoted context omitted.
I think the next couple of weeks are going to be eye opening - we're going to get a lot of reports of deaths, even of the young and healthy, which we're already seeing. That should steel the collective resolve to last a while here. People are talking of lifting the restrictions and our collective endurance and things have barely gotten going. It's really complaining about the length of the red light when it's just tu…
> I'm assuming the government does its job What has led you to make this assumption?
3.28M file for U.S. jobless benefits
261–270 of 711 posts
Re: 3.28M file for U.S. jobless benefits
#262And this is just the start. While I think the US response to Corona was slower than the response in my country I feel the US is the only country that's seriously discussing economic repercussions and debating the medical experts. In EU (at least in my country) it's doctors running things and we are in "stop the pandemic at all cost". Everyone is in panic due to Italy situation. But doctors are only trained to see the…
I saw this idea floated around on Reddit a few days ago. Basically the crux is that unemployment has a death toll, too. So if you close all non-essential businesses, unemployment rises, which increases the likelihood of people losing health insurance, losing homes, not paying electrical bills, communication (internet / phone) bills, etc. If some people lose all those things and don't have access to them again for 2+…
The state helping the people to survive this crisis or not is a political choice.
Re: 3.28M file for U.S. jobless benefits
#263Earlier quoted context omitted.
On the contrary, setbacks for globalization may very well leave us better off...after all, globalization is one of the main factors why we're experiencing this deadly pandemic now, and have vast swathes of our supply chain for essential pharmaceuticals and medical equipment farmed out to evil, duplicitous regimes like the Chinese state.
Us = the world/humanity, not the USA. China's economic growth has lifted hundreds of millions from poverty, and it would not have happened without globalization.
Re: 3.28M file for U.S. jobless benefits
#264How is our social system so fragile? I mean seriously - thousands of years and wireless comms and rockets to the moon and not only do we forget to prepare for a virus (something that had happened routinely throughout our history) but when it hits and people have to stay at home for a few weeks the economy falls down and leaves millions of people who want to work unable to do so.
Re: 3.28M file for U.S. jobless benefits
#265Earlier quoted context omitted.
There is usa how the implemented lockdowns work? They forced to shut down all non-essential industries and shops? Or they just suggested it? I am finding confusing information online. Like... Did they really give to the each employer the power to decide if they are essential or not?
The authority has been delegated to states, each state is making their own decisions.
Re: 3.28M file for U.S. jobless benefits
#266I grew up with the puritanical mindset of: "Your intrinsic worth as a human is the money you earn; because the money you earn is from how hard you work; and how hard you work is a reflection of your intrinsic Virtue." Thus I grew up in a family that loathes the unemployed. I really hope -- though I have grave doubts -- that this event gets through to them, so that they can have some personal growth, too.
Sadly everyone seems to be doubling down on their existing strong opinions. (Any ideas to improve that?)
Re: 3.28M file for U.S. jobless benefits
#267And this is just the start. While I think the US response to Corona was slower than the response in my country I feel the US is the only country that's seriously discussing economic repercussions and debating the medical experts. In EU (at least in my country) it's doctors running things and we are in "stop the pandemic at all cost". Everyone is in panic due to Italy situation. But doctors are only trained to see the…
Re: 3.28M file for U.S. jobless benefits
#268Earlier quoted context omitted.
> I like to think this event changes people's perspective on folks out of work in the US. Sure, just like the Depression did. And just like the Depression, a few years of boom times afterwards and that effect will be negated until the next similar event.
> And just like the Depression, a few years of boom times afterwards and that effect will be negated Actually Depression changed consumer habits for entire generation. People saved more, spent less, kept money under the mattress etc. Not a generation that you can kick-start an economy with.
Re: 3.28M file for U.S. jobless benefits
#269My biggest concern is that we aren't working on the infrastructure and cultural shift that is going to be needed to have a return to normal. The endgame of covid-19 is herd immunity, which requires either 30-60% of the population infected and recovered, or it requires a vaccine. Realistically both are probably 9+ months out: vaccines are slow to develop, and almost every governor has proven they'd rather shut down ev…
The reason the China contained it is because she is an authoritarian state. While that provides certain advantages in this situation, it comes with certain drawbacks: not being able to access many websites, inability to express your political opinion, inability to own a firearm, being tossed in a concentration camp if the government doesn't like you. This isn't a question of leadership, you're asking the government to do things it literally has no power to do, things entirely outside of the constitution.
Re: 3.28M file for U.S. jobless benefits
#270Earlier quoted context omitted.
My brother is a restaurant owner and reports that despite volume being down, profit is up due to less overhead. Others in the restaurant industry are reporting the same. When we come out on the other side of this, I think a lot of businesses are going to rethink a lot of things they held on to as infallible truths. Sorry as many mentioned, yes the key ingredient is takeout: This is a fast casual italian / pizza resta…
Almost every restaurant owner I know is about to fold or taking emergency loans. From people with several franchised sandwich shops to stand alone restaurants. Who is reporting profits are up?