re: Goldman Sachs Projections: Q1 GDP Down 6%, Q2 Down 24%

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It's both now. An economic crisis caused by media fear mongering caused by a health “crisis.”

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Fify

It is telling that preaching a message of voluntary communal sacrifice automatically triggers certain posters to bandy around terms like communist, comrade, and Bernie supporter. I am a capitalist, a 10th generation American, a Teetotaler, and above all a Christian. I believe America would not exist as a light on a hill without the Christian principle of sacrifice for the community. This willingness to sacrifice for the community is the most fundamental American value, and it comes to us from our Puritan forefathers and mothers. As we have drifted from our religious roots, so too have we drifted from that which gave birth to the nation's greatness. For America to get through this crisis, I suggest that we must reclaim our birth duty. It is no longer about individual pursuit of fortunes -- this mindset helped to gut our industry, sending manufacturing and jobs to other countries like China. It was all good, so long as our stock portfolio increased. But America's greatness declined as a result.

America's greatness is based on the individual freely willing to sacrifice for the good of our nation. I only hope each of us will see that in the coming months.

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If this drags on, absolutely not.

You'll see rots in 3 weeks if people are still locked down

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Big job losses will cause massive civil unrest.

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If this drags on, absolutely not.

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And I'm sure business will just fricking BOOM while, literally, a couple million Americans die because our government chose the economy over life. This is a recipe for this country to fail...social disorder...ugly.

ORRRR.....we could just, ya know, expect our fricking government that we pay to protect us to actually quit pretending things are improving or that there's some miracle drug just on the horizon, and maybe buy some fricking tests so that we can act like real Americans and nip this shite in the bud, saving lives and recovering economically.

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People love feeling safe until there stomachs growls, then you'll see politicians backing off the nazi like social order.

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Totally agree. In fact, I can only think of one other thing that trumps stomach growls. Dead relatives.

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Then how about we redirect the "Mncuchin $500,000,000,000 slush fund" in the GOP proposed phase 3 Corona package and funnel that money toward the fricking workers? Checks large enough to cover lost wages in return for staying home and/or adhering to social distancing guidelines is one hell of a deal that every worker will happily follow.

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Or, just tell people that they’re allowed to fricking go back to work. And if they want to shutter up shop for a few weeks at their own discretion then they’re free to do so.

But you saying that we should just shut the country down for weeks on end to defeat a virus that for all intents and purposes isn’t as big a threat as we’re being led to believe will cause more harm than the actual virus itself. Especially in the long term.

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Throw that $500B at big business while this goes on for another couple of months? Yeah, that's just begging for a shitstorm.

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Our economy is a house of cards. All of this money is just a decimal point in some federal database somewhere. It's not real money.

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The current UI system isn't built to deal with this

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247.00 a week in LA

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Or, just tell people that they’re allowed to fricking go back to work. And if they want to shutter up shop for a few weeks at their own discretion then they’re free to do so.

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There are public consequences to leaving that decision to people with a vested interest in staying open. You understand that, right?

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But you saying that we should just shut the country down for weeks on end to defeat a virus that for all intents and purposes isn’t as big a threat as we’re being led to believe will cause more harm than the actual virus itself. Especially in the long term.

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That's not what I'm saying, at all. I'm saying that if our government doesn't pull its head out of its arse to ramp us testing, allowing us to segregate those who test positive, this will continue. I don't like this shutdown, at all. I want it to end. It can't safely end until we get tests.