CoronaVirus

Rusty

If you are working and have money coming in and have health insurance. good for you. I'm looking at my neighbors with no income, no health insurance, about ready to lose their homes. If they lose their homes. Can they move in with you guys? You are going to see a massive amount of personal bankruptcies in the coming months. Things go on into June. You will see robberies sky rocket. People torching their cars for insurance money. This will be a repeat of the early 1980''s when the steel mills and coal mines closed up here.

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cossie1600

I am going to ignore unemployment and other safety net. I am going to ask you this.

How many people who wants to work will have a job to go back to even if we didn't go into shelter in place? Disneyland employees? Film Production Crews? Furniture Stores? Casino workers? NBA games? You don't think guests will stop going at some point after 5% of the population is taken out by the virus? Some thinks the problem is as easy as eliminating grandma, grandpa, healthcare workers and the other sick people, but economics is more complex than that. If you are going to send people to their graves, at least make their death worth while.

Also do you get unemployment if you get reduced hours instead of full furlough?

cossie1600

If they paid their taxes, they get 40-50% pay + $600 a week. For folks making less than $20 an hour, they are going to pretty much get equal pay.

cossie1600

Did German go into shelter in place? I believe they did? I think you guys have enough test kits and medical equipment to start opening back up right?

cv129

I personally have no problem extending this stay-at-home thing, but I also know it’s causing permanent financial damages to many other less fortunate families. A balance has to be achieved no doubt. Where that balance is? Hard to tell...sigh

The quicker we get to everybody wearing face coverings, the faster we can slow this bleeding and gradually opening the economy back up. But we still need to prepare for when covid19 numbers spiking back up after reopening. Hopefully it doesn’t tick up so much that we need another round of stay-at-home.

When the order is lifted, I imagine it’ll still be a very long time before retail and some service industries will get back to normal. Smaller fishes are getting killed much faster than bigger fishes.

For some, the tipping point is a 2 weeks ago, while others are just enjoying the vacation.

We may need to monitor numbers of home invasion or burglary type of crimes.

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cv129

Saw a thread about track day reopening. Don’t want turn that into covid opinion so I’ll do it here.

I actually think it’s crucial for some of these activities to open back up sooner than later.

For track days, maybe limit only to advanced run group, so no baby sitting is required, no classroom instructions needed....nobody needs close contacts with others.

May even help with oil price (tongue and cheek).

Help money flow from the ones that can spare, to those that really need it.

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Spooler

Not for contract workers. They get nothing. No unemployment or the $600 a week. Wife's sister and husband are in this boat. They have their shoes off plugging holes best they can. Daughter get's $75 a week for unemployment. She is also a college student. So much for the car payment. Not happening. If I was to go on unemployment that would be a joke. Not even close to paying half of my bills. Most professional folks would fall into this category.

cossie1600

You might want to check, CARES act specifically says that contract workers are included

https://ogletree.com/insights/the-ca...d-gig-workers/

If in an emergency, you can borrow or loan from your 401K without penalty as the last resort.

JARblue

Contract workers are absolutely included

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asht

A number of us have started questioning the official figures being published by individual countries and I have to agree somewhat.

Believe it or not the US has probably published the most accurate if a 4.5% mortality rate is to be believed. They are currently hovering around 5%

Sweden who a lot are banging on in Europe about having no lockdown is over 10% mortality

UK is around 13%

Italy around 20%

So what is actually right? We know the tests aren’t that accurate and having too many false positives and false negatives. Are they just attributing deaths to Covid-19 without testing them, because patients have shown some symptoms that could be attributed to something else?


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JARblue

Mortality rates are exaggerated due to the unknown number of infected persons. There are no accurate mortality rates yet, and there won't be any until we start testing people that are asymptomatic en masse.

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-ZS-Carpenter

I can't wait for the anti body test. We can find out that most tradesmen where asymptomatic and had been out spreading it around unchecked since this all started

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JLarson

This. I do not doubt for a moment that you are correct. Like I said yesterday, this heralds unprecedented economic collapse. It's madness that it's gone so quickly from normalcy to this state, and shows the fragility of the system to which we belong.

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Spooler

LOL, do you think for one minute that folks who struggle from paycheck to paycheck have a 401k? If you can't file for unemployment, how are you going to collect the Cares act money?

Everybody looks back at the Spanish Flue outbreak for comparison in 1917. Do you remember what came next in the 1920's? It was the Great Depression.

Zoren 370

Yup after that World War 1 and 2.

If indeed the Chinese created this virus out of a laboratory somewhere in the US.
Do you think you would still need your guns?

Its gonna be a war of push buttons starts!! Let the race begins in the skyies

Bam!!! Fell off the chair!


Thank goodness It was all a bad dream and woke up..While I had a sudden snoozee with eyes open while my boss is preaching!