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Started By
Message
16.6 Million file for jobless/unemployment aid due to corona virus shut down
Posted on 4/9/20 at 7:56 am
Posted on 4/9/20 at 7:56 am
6
Posted on 4/9/20 at 7:59 am to Oilfieldbiology
Fauci, Birx, and our elected officials going salary free?
You know, kinda like tens of millions due to their decisions.
You know, kinda like tens of millions due to their decisions.
Posted on 4/9/20 at 8:03 am to Privateer 2007
I think any government official who had a hand in this shutdown needs to forfeit their salary until their jurisdiction is opened back up.
Posted on 4/9/20 at 8:05 am to Oilfieldbiology
Posted on 4/9/20 at 8:06 am to jlovel7
quote:
I think any government official who had a hand in this shutdown needs to forfeit their salary until their jurisdiction is opened back up.
Not only that but make them survive off $1200. Freeze their assets and say this is what you’ve got, make due with it.
Posted on 4/9/20 at 8:11 am to Oilfieldbiology
A few more weeks. People need to grind it out.
Posted on 4/9/20 at 8:12 am to Oilfieldbiology
And somehow the Dow is steadily rising
Posted on 4/9/20 at 8:13 am to Oilfieldbiology
quote:
Remember that universal living wage everyone was raising hell about? That $600/week is $15/hr. That's well above the average pay in many states and in many industries. All you have to do is say you're scared, go home, and collect close to $800/week. The Federal gov't has entered the job market and is paying MORE for people to do LESS than their current employer in many cases.
Honestly, I can't believe that this number isn't higher.
Posted on the Poli Board. Reposting it here.
Posted on 4/9/20 at 8:16 am to DaTroof
quote:
And somehow the Dow is steadily rising
You must have missed the massive, unprecedented, decline in March which it still hasn't recovered from.
Posted on 4/9/20 at 8:21 am to Fat Batman
No, I didn't. I just don't understand how it's been steadily rising with all the news of the unemployment numbers and other economic turmoil. Makes no sense to me.
Posted on 4/9/20 at 8:24 am to DaTroof
quote:
somehow the Dow is rising
Inflation Hedge
Posted on 4/9/20 at 8:24 am to xxTIMMYxx
A few more weeks. People need to grind it out.
No they don’t.
No they don’t.
Posted on 4/9/20 at 8:26 am to DaTroof
Because the number one cost to business is salaries. When salaries are dumped due to layoffs, you usually see stocks increase.
This post was edited on 4/9/20 at 8:27 am
Posted on 4/9/20 at 8:28 am to DaTroof
quote:
And somehow the Dow is steadily rising
Fed money printer go brrrrrrrrrrr
Posted on 4/9/20 at 8:29 am to DaTroof
quote:
I just don't understand how it's been steadily rising with all the news of the unemployment numbers and other economic turmoil. Makes no sense to me.
Employment/Unemploymrnt are not the only variables at play.
Posted on 4/9/20 at 8:31 am to DaTroof
quote:
And somehow the Dow is steadily rising
The market is not the economy.
Posted on 4/9/20 at 8:35 am to DaTroof
quote:
And somehow the Dow is steadily rising
Investors are anticipating a return to economic activity on May 1 with a bunch of people having stimulus money burning a hole in their wallets.
Posted on 4/9/20 at 8:36 am to DCtiger1
The only reason we are where we are is because of social distancing. Nobody with any sort of intelligence refutes this.
Posted on 4/9/20 at 8:36 am to s14suspense
quote:This.
The market is not the economy.
Posted on 4/9/20 at 8:38 am to xxTIMMYxx
quote:And we are going up in unemployment claims by over 6 million per week.
The only reason we are where we are is because of social distancing. Nobody with any sort of intelligence refutes this.
You want to continue that for 3 more weeks?
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