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How many people are going to lose their jobs over this potential economic collapse?

Posted on 3/12/20 at 3:48 pm
Posted by jlovel7
NOT Louisiana
Member since Aug 2014
24261 posts
Posted on 3/12/20 at 3:48 pm
If businesses grind to a halt and production stops because of panic? How much does this end up affecting everyone?
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 3/12/20 at 3:48 pm to
350
Posted by LNCHBOX
70448
Member since Jun 2009
89398 posts
Posted on 3/12/20 at 3:48 pm to
A lot unfortunately.

ETA: Just to clarify, not hoping for or happy with that prediction. Just don't see how it doesn't happen
This post was edited on 3/12/20 at 3:50 pm
Posted by HempHead
Big Sky Country
Member since Mar 2011
56774 posts
Posted on 3/12/20 at 3:48 pm to
I'm fricked. No one is going to the bars and driving home drunk anymore.
Posted by Riseupfromtherubble
You'll Never Walk Alone
Member since Jun 2011
40291 posts
Posted on 3/12/20 at 3:49 pm to
A lotttt of people. this will end up bankrupting more folks than it kills here
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27902 posts
Posted on 3/12/20 at 3:49 pm to
A lot. This thread on the Food and Drink Board is a good example.
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
66654 posts
Posted on 3/12/20 at 3:49 pm to
Welp just got informed we are to work from home if physically not needed at the office/shop.
Posted by RB10
Member since Nov 2010
52640 posts
Posted on 3/12/20 at 3:50 pm to
Too many. Like I said in another thread, it’s highly likely that the damage caused by the ridiculous panic is going to do much more harm than the actual virus.
Posted by UnluckyTiger
Member since Sep 2003
43709 posts
Posted on 3/12/20 at 3:50 pm to
A lot of people are going to wish we had just kept on and hadn’t hit the panic button in a few weeks from now.
Posted by Mr Personality
Bangkok
Member since Mar 2014
27364 posts
Posted on 3/12/20 at 3:50 pm to
Will be interesting to see people shift their position on government assistance
Posted by OweO
Plaquemine, La
Member since Sep 2009
122534 posts
Posted on 3/12/20 at 3:50 pm to
quote:

350



What analytics are you looking at? Mine is showing 3,500.
Posted by Tigerbait357
Member since Jun 2011
71193 posts
Posted on 3/12/20 at 3:51 pm to
Thanks china
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/12/20 at 3:51 pm to
35.0% of working Americans
Posted by jlovel7
NOT Louisiana
Member since Aug 2014
24261 posts
Posted on 3/12/20 at 3:52 pm to
quote:

A lot of people are going to wish we had just kept on and hadn’t hit the panic button in a few weeks from now.


Bingo. That's what society has ALWAYS done. Just pushed on. It's what we should always do.
Posted by The Egg
Houston, TX
Member since Dec 2004
83931 posts
Posted on 3/12/20 at 3:52 pm to
quote:

Will be interesting to see people shift their position on government assistance
oh that'll be a good case study for politalk
Posted by Riseupfromtherubble
You'll Never Walk Alone
Member since Jun 2011
40291 posts
Posted on 3/12/20 at 3:53 pm to
quote:

Welp just got informed we are to work from home if physically not needed at the office/shop.




My immediate boss asked me earlier how many people at our office had a company laptop. My company is clearly having the discussion, but we're global fortune 500. There isn't a chance in hell that we "close"
This post was edited on 3/12/20 at 3:54 pm
Posted by LNCHBOX
70448
Member since Jun 2009
89398 posts
Posted on 3/12/20 at 3:54 pm to
quote:

Will be interesting to see people shift their position on government assistance


I see the point you're trying to make, but there is a slight difference between people let go due to a pandemic and leeches that weren't ever paying in in the first place.
Posted by jlovel7
NOT Louisiana
Member since Aug 2014
24261 posts
Posted on 3/12/20 at 3:55 pm to
quote:

My immediate boss asked me earlier how many people at our office had a company laptop. My company is clearly having the discussion, but we're global fortune 500. There isn't a chance in hell that we "close"



I'm not just talking about the immediate impact of people not traveling/not eating out. I mean what is the ripple effect. The stock market is tanking. How much longer until that dries up work/income from even those that can work from home?
Posted by ashy larry
Marcy Projects
Member since Mar 2010
5582 posts
Posted on 3/12/20 at 3:55 pm to
quote:

A lot of people are going to wish we had just kept on and hadn’t hit the panic button in a few weeks from now.



I think it's more likely that precautions being taken now will slow things down. Then people can come back, ignore the effect the precautions made, and say everything was overblown.
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
14343 posts
Posted on 3/12/20 at 3:55 pm to
Depends on how long the panic goes on. If over the next month or so cases here are not exploding and there aren't a lot of deaths, I think things may start to get back to normal and businesses will ramp up. I agree that an extended crisis will get ugly.

When this passes (and it will) and the carnage is tallied up, I predict that we will have US deaths in the low four figures at most. People are going to look back and be embarrassed about all this hysteria. Yes, reasonable precautions are warranted, and I agree with cancelling the big gatherings. But this is no reason to shut the country down.
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