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Started By
Message
re: Extra $600 a week for unemployment ends this month.
Posted on 8/2/20 at 10:00 pm to wadewilson
Posted on 8/2/20 at 10:00 pm to wadewilson
quote:
I think at some point people need to plan for oil in Louisiana going the way of coal.
don’t count on it in our lifetimes. 
1
Posted on 8/2/20 at 10:02 pm to wadewilson
quote:
Restaurants are always hiring at every position. That's the nature of low wage jobs.
Lester said there are zero jobs, though.
The point is that people could find work if truly motivated but why be motivated when you make at least $600 per week sitting at home?
quote:
but they'd find a way to sit at home and jack off regardless
No doubt those people are but this created a whole new group of slackers on top of the normal leaches which is why I said the number is probably larger than you are acknowledging.
Posted on 8/2/20 at 10:03 pm to Klark Kent
quote:
don’t count on it in our lifetimes.
I read some statistics the other day that one giant windmill takes more energy to produce than it will ever make in its lifetime. Think about that. Oil isn't going anywhere. Plastic demand alone would keep it alive to some degree.
Posted on 8/2/20 at 10:08 pm to stout
13% of the world still isn’t connected to any type of energy grid. Major O&G still has a massive market they haven’t even tapped yet.
Posted on 8/2/20 at 10:16 pm to stout
quote:
I read some statistics the other day that one giant windmill takes more energy to produce than it will ever make in its lifetime. Think about that. Oil isn't going anywhere. Plastic demand alone would keep it alive to some degree.
US has rivers and lots of big ones running all over the fricking place and somehow this is the place where environmentalists have run wild on blocking hydro.
Norway is over 97% hydro now and they use twice as much energy per capita as us and they are green figs. China is three times as much as a percent and India twice as much as a percent for hydro.
Just over 6% of total energy for hydro in the US is just pathetic with our river systems. And its really cheap. If shitholes in South America and Africa can do it...
This post was edited on 8/2/20 at 10:18 pm
Posted on 8/2/20 at 10:23 pm to stout
quote:
Lester said there are zero jobs, though.
No, there are jobs available to start tomorrow, but
quote:
The point is that people could find work if truly motivated but why be motivated when you make at least $600 per week sitting at home?
They're shite jobs.
Posted on 8/2/20 at 10:39 pm to wadewilson
quote:
They're shite jobs.
The world isn't all sunshine and rainbows. You do what you have to do.
Posted on 8/2/20 at 10:56 pm to stout
I’m not bussing tables for $7 an hour and zero benefits. I was a working professional and have a family to support. The government screwed us over with this shut down so I’m going to ride the unemployment until I can get a viable career. And believe me, I’ve been busting my arse trying to. I’ve used the downtime to earn a new certification (mortgage lending) but still can’t get hired in a booming industry because they expect me to bolt when things get better or lack of experience.
Of course it’s unlikely your paycheck was ever affected so you are solidly on the “get a job bum” team.
Of course it’s unlikely your paycheck was ever affected so you are solidly on the “get a job bum” team.
This post was edited on 8/2/20 at 10:59 pm
Posted on 8/2/20 at 11:12 pm to stout
quote:
The world isn't all sunshine and rainbows. You do what you have to do.
Between you, me, and the rest of this lovely crowd, I am. In normal situations, your attitude is spot on.
This is not normal. I had a great job before this. The company I worked for hardly exists any longer. I would still be happily working for them.
Now I've used the time to tune up my resume and get some certifications that make me a little bit more valuable. I never stopped searching for a new job. Not everyone has the same situation as me.
Posted on 8/2/20 at 11:28 pm to jcaz
quote:
The government screwed us over with this shut down
Agreed.
quote:
I’ve used the downtime to earn a new certification (mortgage lending) but still can’t get hired in a booming industry because they expect me to bolt when things get better or lack of experience.
Huh?
quote:
Of course it’s unlikely your paycheck was ever affected so you are solidly on the “get a job bum” team.
I own a business. It's slower this year than it was last year so yes my "paycheck" has been affected. However, I told my wife when this first started that if I had to I would go back in the field which I haven't done in 10+ years. It's not my first choice as what we encounter can be pretty gnarly but you do what you have to do.
Posted on 8/2/20 at 11:30 pm to wadewilson
quote:
Now I've used the time to tune up my resume and get some certifications that make me a little bit more valuable. I never stopped searching for a new job. Not everyone has the same situation as me.
This is the right attitude.
FWIW, I think the benefits should be extended but there need to be some caveats added to it to discourage people not treating it like you and are instead treating it as a vacation.
Posted on 8/2/20 at 11:33 pm to stout
All 7 years of my most recent work experience was in a field that Covid has annihilated. (Aviation)
So they expect me to quit and go back when it returns. Why hire someone who has spent their whole career doing something totally different. At least it feels that way from the rejection emails. In reality I want a fresh start in a new industry.
I don’t mind working back in the trenches but I don’t belong in a restaurant making minimum wage. There are other options that will show up soon I hope
So they expect me to quit and go back when it returns. Why hire someone who has spent their whole career doing something totally different. At least it feels that way from the rejection emails. In reality I want a fresh start in a new industry.
I don’t mind working back in the trenches but I don’t belong in a restaurant making minimum wage. There are other options that will show up soon I hope
Posted on 8/2/20 at 11:39 pm to stout
You're a business owner. My sympathies to you, this is probably hitting you harder than most.
There should be some caveats to it, and there should be some limitations by wages earned. I have to believe that at the time this PUA was decided, it was more cost effective to make it a blanket award immediately rather than research who was making how much money. Fair? No. Efficient? Maybe. There's no road map for this.
Compounding this, I think the aftershocks are confusing people as to what is and what is not essential.
quote:
FWIW, I think the benefits should be extended but there need to be some caveats added to it to discourage people not treating it like you and are instead treating it as a vacation.
There should be some caveats to it, and there should be some limitations by wages earned. I have to believe that at the time this PUA was decided, it was more cost effective to make it a blanket award immediately rather than research who was making how much money. Fair? No. Efficient? Maybe. There's no road map for this.
Compounding this, I think the aftershocks are confusing people as to what is and what is not essential.
Posted on 8/2/20 at 11:41 pm to jcaz
quote:
ll 7 years of my most recent work experience was in a field that Covid has annihilated. (Aviation)
So they expect me to quit and go back when it returns. Why hire someone who has spent their whole career doing something totally different. At least it feels that way from the rejection emails. In reality I want a fresh start in a new industry.
Ahh...that sucks. I know there was a lot of refinancing going on but speaking to realtor friends of mine, and knowing what I know with the industry I am in, new purchases are slowing. What I am saying is you might have tried to ride that wave a little too late.
quote:
I don’t mind working back in the trenches but I don’t belong in a restaurant making minimum wage.
I get it. I am 40 years old and have been self-employed since I was 21 but honestly if I have no other options, and my back was to the wall, I would give HJs in the daiquiri shop bathroom before I let my wife and I suffer.
I am not saying you are there but just saying that sometimes in life you have to give up some entitlements and just be in survival mode.
Obviously it's not ideal, especially since none of this is self-inflicted unlike the 2007 subprime crash, but there are still some hard times ahead for many. Hopefully, this sham ends after 11/3 but I don't think it will. The Dems will keep it going to start impeachment round 2.
Posted on 8/2/20 at 11:44 pm to wadewilson
quote:
this is probably hitting you harder than most.
Appreciate it. I will be OK. I just focus on making enough to make payroll so I don't have to let anyone go. I have enough saved to last a long time personally.
quote:
There should be some caveats to it, and there should be some limitations by wages earned. I have to believe that at the time this PUA was decided, it was more cost effective to make it a blanket award immediately rather than research who was making how much money. Fair? No. Efficient? Maybe. There's no road map for this.
Agreed with everything you posted.
quote:
Compounding this, I think the aftershocks are confusing people as to what is and what is not essential.
That's because there is no reason for it and it is completely arbitrary.
Posted on 8/2/20 at 11:48 pm to stout
quote:
I get it. I am 40 years old and have been self-employed since I was 21 but honestly if I have no other options, and my back was to the wall, I would give HJs in the daiquiri shop bathroom before I let my wife and I suffer.
I am not saying you are there but just saying that sometimes in life you have to give up some entitlements and just be in survival mode.
This works to an extent. I lost my job, but my wife didn't. She's FOH manager for a local restaurant. I've got some interviews lined up in the next couple of weeks, but if nothing happens there, I'll be cooking on the line in her restaurant.
I'm not happy about it, but I love cooking, so frick it.
Some people are a little more leveraged than me. I'm interested to see what the foreclosure market looks like in a year.
quote:
Obviously it's not ideal, especially since none of this is self-inflicted unlike the 2007 subprime crash, but there are still some hard times ahead for many. Hopefully, this sham ends after 11/3 but I don't think it will. The Dems will keep it going to start impeachment round 2.
Maybe the media coverage is political, but I don't think the effects of the virus are.
Posted on 8/2/20 at 11:53 pm to wadewilson
quote:
I'm interested to see what the foreclosure market looks like in a year
I am in RE and more specifically the foreclosure industry. All indications as of right now are unless things change, it will make '07 / '08 look like a speed bump.
Posted on 8/2/20 at 11:57 pm to stout
So, if I am in the market for a house in 2 years, it'll be a good market?
Posted on 8/3/20 at 12:06 am to wadewilson
Hard to say as there are too many factors. It really depends on what sort of mortgage relief we see come out of HUD, FHA, etc.
With that being said, we want a condo in Vegas to split our time here and there and we are waiting a little while to see what the fall out will be because I think it will be a big correction. We were negotiating on one right at the start of this but backed out just to see where prices go.
COVID is just accelerating many concerns that already existed in RE and also added some new ones. The MBA already predicted a correction for 2021 before the pandemic even hit.
With that being said, we want a condo in Vegas to split our time here and there and we are waiting a little while to see what the fall out will be because I think it will be a big correction. We were negotiating on one right at the start of this but backed out just to see where prices go.
COVID is just accelerating many concerns that already existed in RE and also added some new ones. The MBA already predicted a correction for 2021 before the pandemic even hit.
This post was edited on 8/3/20 at 12:07 am
Posted on 8/3/20 at 8:45 pm to stout
quote:
I get it. I am 40 years old and have been self-employed since I was 21
same boat. I left Auburn in the Fall of 2000 with an Accounting degree. I've been running the construction company that my parents started since. We are small but make a solid living, roughly a million a year in revenue with less than 10 employees average.
The unemployment addition has made keeping labor for me so tough that I am looking at finding something else to do now. I have 4 guys lay out today out of 6 that I have now. I actually run the company from the field so I am on site all the time so it is taking a toll on me something fiercely.
The simple solution would be to cap unemployment at 90% of what you made previously and drop federal income taxes the rest of the year and get some people wanting to go back to work. Essential employees that have had to keep working have been fricked in this system if you make less than the 600 a week and that is a lot of people.
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