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re: Unemployment exceeds 26 million

Posted on 4/23/20 at 7:52 am to
Posted by Oilfieldbiology
Member since Nov 2016
42786 posts
Posted on 4/23/20 at 7:52 am to
quote:

the only thing I can think of is the children being brought up now, might have the same reserve, might, stoicism, and practicality that the generation spawned during the depression developed.


Completely different circumstances. I hope you’re right, but I don’t think you will be.
Posted by TigerFanInSouthland
Louisiana
Member since Aug 2012
28065 posts
Posted on 4/23/20 at 7:52 am to
quote:

I couldn't give a shite whose fault it is, this is really unfortunate all the way around. I've been trying to figure out a bright side and the only thing I can think of is the children being brought up now, might have the same reserve, might, stoicism, and practicality that the generation spawned during the depression developed.

We called that previous generation the greatest. Maybe this generation can be great as well. Good luck out there, baws. In the end, we're all in this together.

Keep your stick on the ice.


It all starts with the parents.
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
53509 posts
Posted on 4/23/20 at 7:52 am to
quote:

Can’t wait to see that bounce.


2025:

Posted by Centinel
Idaho
Member since Sep 2016
46754 posts
Posted on 4/23/20 at 7:52 am to
quote:

And all the useful idiots (AKA “Karen”) are still on Facebook screaming how it’s stupid we are even considering reopening the economy.



And all those useful idiots, to include the ones in this forum, are all financially sound and still have their jobs.

Funny that.

But I guess everyone else who is unemployed can, to quote NYC Mayor Cuomo, "get an essential job."

So there it is. That's the solution. Just go get an essential job.

Posted by Crowknowsbest
Member since May 2012
27002 posts
Posted on 4/23/20 at 7:54 am to
quote:

Can’t wait to see that bounce.

Could realistically be talking a 5-7 year recovery

The Great Depression has nothing on the scale of this sudden economic devastation
Posted by Centinel
Idaho
Member since Sep 2016
46754 posts
Posted on 4/23/20 at 7:54 am to
quote:

These numbers will continue to get worse for a period. Companies are just now feeling the cash pinch



Yup. We've just been told everyone is taking a 2% salary cut for the year.

Not horrible, but just a few weeks ago we were told we'd be fine because we're an "essential" business.
Posted by Oilfieldbiology
Member since Nov 2016
42786 posts
Posted on 4/23/20 at 7:55 am to
That sounds an awful lot like learn to code
Posted by Crowknowsbest
Member since May 2012
27002 posts
Posted on 4/23/20 at 7:57 am to
quote:

just a few weeks ago we were told we'd be fine because we're an "essential" business.

Everything is essential. Cash flowing through the system is how everything functions. That has been artificially clamped down.

The term “non-essential” is stupid. Those businesses are pretty fricking essential to the people who own or work for them.
Posted by Scruffy
Kansas City
Member since Jul 2011
78048 posts
Posted on 4/23/20 at 7:58 am to
Hell, this doesn’t even include the oil field workers yet.

The amazement as to how stupid we have been will never fade.
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 4/23/20 at 7:58 am to
quote:

That sounds an awful lot like learn to code


I’m an engineer that codes for a huge portion of my job, of which our biggest customer is DoD. Kinda means we are about as secure as it’s going to get in the private sector.

We were also told to expect cuts and that “everything is on the table”. There is nobody that is going to be exempt from the effects of this except maybe government employees for now.
This post was edited on 4/23/20 at 7:59 am
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
53509 posts
Posted on 4/23/20 at 7:58 am to
quote:

Yup. We've just been told everyone is taking a 2% salary cut for the year.

Not horrible, but just a few weeks ago we were told we'd be fine because we're an "essential" business.


We're going to see salaries cut, salaries frozen, hours cut, benefits cut. Karen will be all for the lockdown until her husband has to pay twice as much for his share of the employee-sponsored health insurance.
Posted by Oilfieldbiology
Member since Nov 2016
42786 posts
Posted on 4/23/20 at 7:59 am to
quote:

Everything is essential.


To paraphrase Syndrone, “If everything is essential, then nothing is”
Posted by Oilfieldbiology
Member since Nov 2016
42786 posts
Posted on 4/23/20 at 7:59 am to
quote:

There is nobody that is going to be exempt from the effects of this except maybe government employees for now.


Funny how that works.
Posted by NIH
Member since Aug 2008
125102 posts
Posted on 4/23/20 at 8:01 am to
Are we still two weeks behind Italy?
Posted by Centinel
Idaho
Member since Sep 2016
46754 posts
Posted on 4/23/20 at 8:01 am to
quote:

That sounds an awful lot like learn to code


It does, doesn't it? It's almost like our political and media class are completely out of touch with this country outside of their urban coastal social bubbles.

Posted by Oilfieldbiology
Member since Nov 2016
42786 posts
Posted on 4/23/20 at 8:02 am to
Comparing us to Italy is the same reason I don’t like comparing us to Sweden. Three completely different circumstances, cultures, and situations.
Posted by OceanMan
Member since Mar 2010
23419 posts
Posted on 4/23/20 at 8:02 am to
Op I have used this talking point before. However lets remember this is jobless claims, which typically includes $800/week. Lots of part time workers claiming reduced hours
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 4/23/20 at 8:02 am to
quote:

Are we still two weeks behind Italy?



Well Italy is entering talks of opening their economy in May so maybe it would be good for once to be two weeks behind Italy
This post was edited on 4/23/20 at 8:08 am
Posted by IAmNERD
Member since May 2017
24517 posts
Posted on 4/23/20 at 8:02 am to
quote:

Unemployment exceeds 26 million

On purpose! So damn stupid.
Posted by Scruffy
Kansas City
Member since Jul 2011
78048 posts
Posted on 4/23/20 at 8:03 am to
quote:

Are we still two weeks behind Italy?
Always will be, NIH.

Always will be.
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