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re: Tomorrow will be a turning against lockdown measures

Posted on 3/25/20 at 8:07 pm to
Posted by GeorgeWest
Baton Rouge
Member since Nov 2013
13085 posts
Posted on 3/25/20 at 8:07 pm to
Better pray for a vaccine as quickly as possible. That's the ONLY thing that will let us go back to completely normal living.
Posted by NIH
Member since Aug 2008
112667 posts
Posted on 3/25/20 at 8:09 pm to
I don’t think we’ll get back to completely normal for a while. Healthy people should be allowed to work, though. I don’t expect festivals and sporting events to be a thing for a while, even after commerce is opened up.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48561 posts
Posted on 3/25/20 at 8:13 pm to
quote:

What makes tomorrow significant? honest question

Nationwide new unemployment claims are released. Probably in the millions.
Posted by LSUJML
BR
Member since May 2008
45585 posts
Posted on 3/25/20 at 8:20 pm to
quote:

I don’t expect festivals and sporting events to be a thing for a while, even after commerce is opened up.


I’ve complained about it enough on here but I’m ok with nursing homes not allowing visitors for awhile longer if it means people can get back to work.
Posted by Dale51
Member since Oct 2016
32378 posts
Posted on 3/25/20 at 8:28 pm to
quote:

Better pray for a vaccine as quickly as possible. That's the ONLY thing that will let us go back to completely normal living.


If you need a vaccine you're weak.
Nut up and just walk it off if you get it.
Posted by Dale51
Member since Oct 2016
32378 posts
Posted on 3/25/20 at 8:30 pm to
quote:

I’ve complained about it enough on here but I’m ok with nursing homes not allowing visitors for awhile


The visitors are probably ok with it too!
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
27547 posts
Posted on 3/25/20 at 8:30 pm to
How does a Great Depression with a Panic of 1873 thrown in for good measure sound to you? Because if you don't get the engine restarted by then, you are going to have to rebuild it if it goes to May....and it won't be pretty
Posted by 88Wildcat
Topeka, Ks
Member since Jul 2017
13950 posts
Posted on 3/25/20 at 8:42 pm to
Missouri's unemployment claims in the last week alone equaled 30% of their unemployment claims for the whole year in 2019.
Posted by David_DJS
Member since Aug 2005
17916 posts
Posted on 3/25/20 at 8:43 pm to
quote:

I don't want this to last any longer than it has to. But if we just say screw it and reopen things all this damage will be for nothing.


How would you feel if we don't reopen things, and then we learn 3 months from now we cratered the economy for nothing but prolonging the inevitable?
Posted by Crimson1st
Birmingham, AL
Member since Nov 2010
20231 posts
Posted on 3/25/20 at 8:50 pm to
quote:

What makes tomorrow significant? honest question.



Didn't he answer that in his OP?
Posted by SickGainzLP
Member since May 2019
1230 posts
Posted on 3/25/20 at 10:53 pm to
If we hit worst case scenario with the virus the economy was always going down.
Posted by TH03
Mogadishu
Member since Dec 2008
171037 posts
Posted on 3/25/20 at 10:54 pm to
Did you not read past the title?

Literally the first line of his post:
quote:

First COVID unemployment numbers drop tomorrow
Posted by AUX3
Member since Dec 2010
3452 posts
Posted on 3/25/20 at 11:17 pm to
Everyone’s pushing for lockdown is rich, the elites baby
Posted by bad93ex
Member since Sep 2018
27238 posts
Posted on 3/25/20 at 11:21 pm to
quote:

Everyone’s pushing for lockdown is rich, the elites baby



You're painting with too broad of a brush with this, i've seen folks poor and rich push for people to stay at home.
Posted by Eric Nies Grind Time
Atlanta GA - ITP
Member since Sep 2012
24936 posts
Posted on 3/25/20 at 11:21 pm to
I think at this point I know at least 10 people that have either lost their job or had to shut down their small business in the last couple of weeks.

Now at this point I don't know how permanent it is, but I am surprised other people are not in the same boat.

Posted by bad93ex
Member since Sep 2018
27238 posts
Posted on 3/25/20 at 11:24 pm to
quote:

I think at this point I know at least 10 people that have either lost their job or had to shut down their small business in the last couple of weeks.



I know of several people that are in that position. Again, the cure can not be worse than the disease.
Posted by kingfish225
Member since Dec 2013
520 posts
Posted on 3/25/20 at 11:25 pm to
or maybe listen to him. this is from FOUR years ago

"we are not ready"

Posted by bad93ex
Member since Sep 2018
27238 posts
Posted on 3/25/20 at 11:31 pm to
quote:

or maybe listen to him. this is from FOUR years ago



All of the measures that he called for would fly directly into the face of "Lean" principles since they would be considered waste. All of this additional spending that he was calling for would be considered waste by just about any Fortune 500 accountant.
Posted by LSUbest
Coastal Plain
Member since Aug 2007
11135 posts
Posted on 3/26/20 at 1:28 am to
quote:

Better pray for a vaccine as quickly as possible. That's the ONLY thing that will let us go back to completely normal living.


Serum, it's already here. Vaccines only help when used before an infection, and we are 18 months from that. That's another flu season plus.

Serum is antibodies from blood plasma of someone that has recovered from the virus. Each recovered person can provide enough (every 3 days) to treat 2 people.
It works best if it is used before an infection.
The "Trump cocktail" as they call it is the best choice for recovery. But reports are looking good for serum too.
Posted by Powerman
Member since Jan 2004
162231 posts
Posted on 3/26/20 at 2:07 am to
quote:

First COVID unemployment numbers drop tomorrow and it’ll be the first very real evidence of the toll of this on the middle and working class.

I was just reading an article on this and the March report only goes through March 12th.

Evidently the April report is going to show the real damage. Estimated to be 5-6 million jobs lost. And I don't even think that factors in the underemployed people who are working fewer hours. Certainly wouldn't account for gig economy workers who are pretty much decimated as well.

quote:

“This is cataclysmic. I can’t think of a darker word. It’s Armageddon if lawmakers don’t come up with support [for businesses and households] in the next couple days,” says Mark Zandi, chief economist of Moody’s Analytics. His projected 5 million to 6 million job losses won’t be visible in the U.S. Bureau of Labor Statistics’ March jobs report—given it collects numbers only through the week of March 12. He expects the BLS March report to show only around 50,000 lost jobs, while the April report is when we’d see the millions of lost jobs on paper.


Fortune Link on CV Unemployment
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