One more point about the shutdown, Trump did not order it, local officials have. As a matter of fact, Trump refused to order a national shutdown when many were (or are) calling for such. He correctly stated that what's good for NY is not necessarily good for a state like ND (paraphrasing)
He shut down travel, like every other country in the world. But he didn't order businesses to close
He shut down travel, like every other country in the world. But he didn't order businesses to close
I actually don't believe we should do that (or shouldn't have, perhaps now there isn't another option to avoid deflationary spiral), just that is the reality so might as well get busy handicapping what the result of that is. Atleast be cognizant of it as it is a major issue. Safe to say the founding fathers didn't think there would be a group of unelected officials controlling the short-term price of money and buying up corporate and mortgage debt to the tune of 1% of GDP a month.
I gotta get that comment in so when the whole thing collapses I'm not on the hook for endorsing the madness.
Governors will have the final say. We’ve already closed schools through April in my county so we’re not going to be opening up businesses before that here.
Willie saved. My man Willie has bread. Take note business owners.
In a couple weeks it’s going to be worse in the South. We need about TWO weeks of no positive tests anywhere in order to reopen things. Could take to July.
Willie saved. My man Willie has bread. Take note business owners.
In a couple weeks it’s going to be worse in the South. We need about TWO weeks of no positive tests anywhere in order to reopen things. Could take to July.
100% accurate, you need to change the channel. Maybe read a little more, and thinking always helps.
The governors shut down businesses in a few states, not all states are closed
Some people want Trump to order a national shutdown, he hasn't
Trump has issued air travel restrictions, just like many other countries
So everything I said was 100% accurate, and you disagree. This is where I shake my head, smirk, and move on.
Here are a few wiser ideas than the poorly planned stimulus (handout).
Have the CEO's who have stolen hundreds of billions take care of them. Kick out people who aren't supposed to be here and that'll provide some jobs. The non-paper assets won't disappear, they'll just change hands. The standard of living is going to decrease here.
