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View Full Version : Unemployment is a national emergency



Winehole23
08-02-2020, 10:32 AM
For most of the unemployed, there aren’t any jobs to go back to, and won’t be until the pandemic is under control. If their unemployment benefits are cut, people without jobs will desperately cut back on spending, leading to more unemployment, which will lead to less spending, and so on. The process will be accelerated as states and cities, which until now have attempted (https://www.cnn.com/2020/06/30/politics/state-budget-cuts-congress-lifeline/index.html) to avoid slashing payrolls in hopes that the federal government would rescue them, finally do so.

This may plausibly lead to basic material deprivation — true hunger and homelessness — on a scale few alive today have ever seen.
https://theintercept.com/2020/07/30/coronavirus-unemployment-crisis-national-emergency/

Winehole23
08-02-2020, 10:32 AM
Forty million people could potentially lose their homes (https://www.cnbc.com/2020/07/27/how-the-eviction-crisis-will-impact-each-state.html) in the next several months. In states like Florida, Texas, and New York (https://theintercept.com/2020/04/25/coronavirus-rent-strike-may/), half of the tenants will shortly be unable to make the rent.

Winehole23
08-02-2020, 10:36 AM
article is fuckin horrible, but the kernel is true. unemployment is a bfd.

ElNono
08-02-2020, 10:53 AM
article is fuckin horrible, but the kernel is true. unemployment is a bfd.

But what about Payroll tax cut and immunity?

Winehole23
08-02-2020, 10:54 AM
But what about Payroll tax cut and immunity? nm, Mitch McConnell is all over it

boutons_deux
08-02-2020, 10:57 AM
https://www.youtube.com/watch?v=0_4o4axYfuY&t=14s

Javanka pocketed $30M+ last year

Spurtacular
08-02-2020, 11:16 AM
It's funny how Chumpettes suddenly care about this.

TheGreatYacht

ElNono
08-02-2020, 11:17 AM
It's funny how Chumpettes suddenly care about this.

When did anybody stop caring about this?

Winehole23
08-02-2020, 11:19 AM
It's funny how Chumpettes suddenly care about this.

TheGreatYacht (https://www.spurstalk.com/forums/member.php?u=43719)

me, for the last four months: "demand shock, mass unemployment"

you: thanks for suddenly noticing

Winehole23
08-02-2020, 12:07 PM
you can still get your UI bonus after Aug 1st if your application is pending

1289164391212933120

FrostKing
08-02-2020, 12:19 PM
More important than police brutality and social injustice?

Because the choice was made to sacrifice lives and in the process reopening businesses for the feelings of the black community

ElNono
08-02-2020, 12:23 PM
More important than police brutality and social injustice?

Because the choice was made to sacrifice lives and in the process reopening businesses for the feelings of the black community

No, the choice made was to preserve lives during a pandemic. We knew the economy would take a hit. We thought Congress would step up to the challenge, because initially they did step up.

hater
08-02-2020, 12:46 PM
No, the choice made was to preserve lives during a pandemic. We knew the economy would take a hit. We thought Congress would step up to the challenge, because initially they did step up.

3conomy was gonna take a hut shutdown or not.

You suddenly lose the incentive to travel, go out to eat or shopping if grandmas are dropping dead left and right.

boutons_deux
08-02-2020, 12:53 PM
Even as the pandemic continues,

small businesses have hoped the fall would be somewhat normal.

Not anymore










Just a few months. Just get through the next few months.

That’s how many small-business owners approached the coronavirus pandemic in March, when a shutdown halted the economy.

With a mix of patience and thrift, they cut costs, borrowed money, and postponed bills to scrape through spring and summer.

By fall, many believed, the worst would be over.

But now, as the virus rages still across the United States,

it’s becoming clear the economy won’t recover for many months.

And some owners are wondering how much stamina they have left, what sleight of hand they haven’t yet tried, to keep their businesses afloat?

-- Boston Globe Email

Ms of small businesses have been hanging on, with govt help, but now with The Trump-Made Pandemic raging out of control, they will fail, increasing unemployment and creating Commercial MBS bomb

2020 is 2008, 2021 is 2009






What do the Repugs want in a new stimulus?

$35B more wasted for the fucking FAILED F-35

ElNono
08-02-2020, 07:08 PM
3conomy was gonna take a hut shutdown or not.

You suddenly lose the incentive to travel, go out to eat or shopping if grandmas are dropping dead left and right.

Exactly. The notion that the vast majority wanted to go out there while people are dropping like flies around them is asinine at best.

DarrinS
08-02-2020, 07:27 PM
Lockdowns have consequences

ElNono
08-02-2020, 07:29 PM
Lockdowns have consequences

Congresscritters being a bunch of bitches sure isn't one of them.

baseline bum
08-02-2020, 07:32 PM
No, the choice made was to preserve lives during a pandemic. We knew the economy would take a hit. We thought Congress would step up to the challenge, because initially they did step up.

Also the choice was made to do nothing to stamp out the virus during and after the lockdown. The choice was let's believe it'll all go away magically.

ChumpDumper
08-02-2020, 07:37 PM
Lockdowns have consequencesSo does missing the whole point of the lockdown and blowing the opportunity the lockdown provided.

That's where we are now.

Go ahead and say it doesn't affect you and New York in April.

Monostradamus
08-02-2020, 07:39 PM
Why did they take a job that didn’t include a golden parachute? It’s their own damn fault tbh

TheGreatYacht
08-02-2020, 08:49 PM
It's funny how Chumpettes suddenly care about this.

TheGreatYacht

OP won't admit that a hoax virus with a 98.5% survival rate does not warrant a pandemic.

Nbadan
08-02-2020, 09:08 PM
Unemployment is only $6 billion per month, that would be $30 billion total, but that is peanuts compared to what they are spending on other programs like the PPP that only benefits rich business owners and rent deferment which only helps rich home-owners.

ElNono
08-02-2020, 09:14 PM
OP won't admit that a hoax virus with a 98.5% survival rate does not warrant a pandemic.

Defining an epidemic as a pandemic has little to do with survival rates. It has to do with infection spread. It becomes a widespread endemic disease once the number of infected people become stable (at which point stops being a pandemic).

pgardn
08-02-2020, 09:40 PM
Even as the pandemic continues,

small businesses have hoped the fall would be somewhat normal.

Not anymore










Just a few months. Just get through the next few months.

That’s how many small-business owners approached the coronavirus pandemic in March, when a shutdown halted the economy.

With a mix of patience and thrift, they cut costs, borrowed money, and postponed bills to scrape through spring and summer.

By fall, many believed, the worst would be over.

But now, as the virus rages still across the United States,

it’s becoming clear the economy won’t recover for many months.

And some owners are wondering how much stamina they have left, what sleight of hand they haven’t yet tried, to keep their businesses afloat?

-- Boston Globe Email

Ms of small businesses have been hanging on, with govt help, but now with The Trump-Made Pandemic raging out of control, they will fail, increasing unemployment and creating Commercial MBS bomb

2020 is 2008, 2021 is 2009






What do the Repugs want in a new stimulus?

$35B more wasted for the fucking FAILED F-35

Trump tried to slip in money for the new FBI headquarters he demands to be across from his property.
He cares.

The sheer lack of awareness is amazing. The art of the deal...

pgardn
08-02-2020, 09:42 PM
OP won't admit that a hoax virus with a 98.5% survival rate does not warrant a pandemic.

What does warrant a pandemic?

And wtf does a high survival rate matter if every fckn person on the planet gets it numbnuts?

TheGreatYacht
08-02-2020, 09:53 PM
Defining an epidemic as a pandemic has little to do with survival rates. It has to do with infection spread. It becomes a widespread endemic disease once the number of infected people become stable (at which point stops being a pandemic).

Spreading :lol


What does warrant a pandemic?

And wtf does a high survival rate matter if every fckn person on the planet gets it numbnuts?

We got more people dying of obesity, smoking, drunk driving, etc than Covid yet you're okay with a Covid pandemic smh.

https://i.ibb.co/QYRJYgm/FB-IMG-1596422903554.jpg

^^^ let that sink in

Nbadan
08-02-2020, 11:06 PM
Overall crime is down in America. murder. robbery, rape all the bad ones, but it wasn't because of better community policing, or because we "locked them all Up"...the number one reason that crime is down in America is because of Abortion. See, statistics are fun...

Blake
08-02-2020, 11:09 PM
Spreading :lol



We got more people dying of obesity, smoking, drunk driving, etc than Covid yet you're okay with a Covid pandemic smh.

https://i.ibb.co/QYRJYgm/FB-IMG-1596422903554.jpg

^^^ let that sink in

Lol "488k"

The world has already passed 687k in it's barely August you disingenuous fuck.

The reason it's not worse is because of lockdowns and mandated mask wearing

ChumpDumper
08-02-2020, 11:14 PM
Overall crime is down in America. murder. robbery, rape all the bad ones, but it wasn't because of better community policing, or because we "locked them all Up"...the number one reason that crime is down in America is because of Abortion. See, statistics are fun...My theory is the boomers aged out of prime crime time and taking lead out of gasoline made the later generations less prone to it.

Nbadan
08-02-2020, 11:17 PM
My theory is the boomers aged out of prime crime time and taking lead out of gasoline made the later generations less prone to it.

No really, it was abortion.. Less kids born into crime prone w]situations and less desperation in the community

ChumpDumper
08-02-2020, 11:25 PM
No really, it was abortion.. Less kids born into crime prone w]situations and less desperation in the communityI'll buy the Freakonomics argument too. I'll throw in increasing screen time as well.

Life's rich tapestry....

ElNono
08-02-2020, 11:30 PM
Spreading :lol

pandemic noun
pan·​dem·​ic | \ pan-ˈde-mik
: an outbreak of a disease that occurs over a wide geographic area and affects an exceptionally high proportion of the population : a pandemic outbreak of a disease

...

A pandemic (from Greek πᾶν, pan, "all" and δῆμος, demos, "people") is an epidemic of an infectious disease that has spread across a large region, for instance multiple continents or worldwide, affecting a substantial number of people. A widespread endemic disease with a stable number of infected people is not a pandemic.

ElNono
08-02-2020, 11:34 PM
https://i.ibb.co/QYRJYgm/FB-IMG-1596422903554.jpg

March called, wants this screenshot back...

phxspurfan
08-02-2020, 11:40 PM
Unemployment is only $6 billion per month, that would be $30 billion total, but that is peanuts compared to what they are spending on other programs like the PPP that only benefits rich business owners and rent deferment which only helps rich home-owners.

How exactly does rent deferment help "rich home owners?"

Nbadan
08-03-2020, 12:03 AM
How exactly does rent deferment help "rich home owners?"

Landlords can forebear their loans for up to a year, but it is up to them whether they want to pass on the savings to their renters. This is why Democrats have been fighting for rent forbearance rather than mortgage relief

Blake
08-03-2020, 12:09 AM
Landlords can forebear their loans for up to a year, but it is up to them whether they want to pass on the savings to their renters. This is why Democrats have been fighting for rent forbearance rather than mortgage relief

Link?

phxspurfan
08-03-2020, 12:18 AM
Landlords can forebear their loans for up to a year, but it is up to them whether they want to pass on the savings to their renters. This is why Democrats have been fighting for rent forbearance rather than mortgage relief

If you forego mortgage payments you have to pay them all back at the same time when they come due. So it doesn't really matter


And you haven't been able to evict anyone for several months now, forgot what the rule is but basically renters are there to stay no matter what

Nbadan
08-03-2020, 01:21 AM
If you forego mortgage payments you have to pay them all back at the same time when they come due. So it doesn't really matter


And you haven't been able to evict anyone for several months now, forgot what the rule is but basically renters are there to stay no matter what

Without a new bill Landlords can start evictions on Aug 25th (I believe) or near that date. Many landlords have already started the legal process but they can't actively kick you out till that day. Mortgage payments which are in forbearance are supposed to be added to the back of the loan the way the law is written but many lenders have been misrepresenting the payment terms to their borrowers with lump sum payments, this is wrong

Winehole23
08-03-2020, 06:42 AM
Lockdowns have consequencesYou left out a step.

No pandemic, no lockdown.

We're in a depression because political authorities asked us to shelter in place. It's therefore the duty of the government to take care of people best it can until the pandemic passes and the economy recovers.

Winehole23
08-03-2020, 06:52 AM
Had there been no lockdown, the pandemic would have done the same to us, probably much worse. Just a matter of time.

Breaking the initial spike of infection ASAP is crucial for everything that happens afterward, as we can see by comparing the USA with other countries.

Will Hunting
08-03-2020, 08:24 AM
The argument about how “low” the death total is is ridiculously disingenuous. If we didn’t lock the country down in March/April our healthcare system would have crashed and the death total would be a multiple of what it is now. We would have been setting up makeshift ICUs in football stadiums, and there would have been people dying solely because there weren’t any ventilators available / the 16 hour wait for an ambulance was too long.

We had no choice but to lockdown when we did given the uncertainty together with how unprepared hospitals were. Now IMO it would be stupid to go back into lockdown since we know more about the virus, are better equipped (still not well equipped though) to treat it, and know that social distancing/wearing face masks does a lot to limit its spread.

boutons_deux
08-03-2020, 08:28 AM
You left out a step.

We're in a depression because political authorities

You left out a step, and precision.

We're in pandemic because precisely TRASH FAILED to maintain national preparedness for a repeatedly warned pandemic,

and then precisely TRASH FAILED to react, since Nov '19, when a pandemic in USA was inevitably imminent.

But the FAILURE must be spread precisely to the entire Repug Congress and Trash's sycophantic mafiya since they FAILED oversight that should have blocked TRASH'S FAILURES. Then add in Repug states' governance following mortally Trash's failed "leadership"

Winehole23
08-03-2020, 08:33 AM
The argument about how “low” the death total is is ridiculously disingenuous. If we didn’t lock the country down in March/April our healthcare system would have crashed and the death total would be a multiple of what it is now. We would have been setting up makeshift ICUs in football stadiums, and there would have been people dying solely because there weren’t any ventilators available / the 16 hour wait for an ambulance was too long.

We had no choice but to lockdown when we did given the uncertainty together with how unprepared hospitals were. Now IMO it would be stupid to go back into lockdown since we know more about the virus, are better equipped (still not well equipped though) to treat it, and know that social distancing/wearing face masks does a lot to limit its spread.We're better prepared now, sure, but one should be wary of making a rule for everyone. In particular places it could get bad enough to warrant another lockdown. In most places, hopefully it won't.

I think having an in person 2020-2021 school year is bonkers, though.

boutons_deux
08-03-2020, 08:41 AM
here's a story about downtown Boston as a non-locked-down ghost town

https://www.bostonglobe.com/2020/08/02/business/downtowns-surreal-scenes-pandemic-summer/?s_campaign=breakingnews:newsletter

San Antonio DT is pretty much the same.

Will Hunting
08-03-2020, 08:43 AM
We're better prepared now, sure, but one should be wary of making a rule for everyone. In particular places it could get bad enough to warrant another lockdown. In most places, hopefully it won't.

I think having an in person 2020-2021 school year is bonkers, though.
Yeah agreed, when I say another lockdown I mean we shouldn’t shut the economy down again but we by no means should return to normal and any scenario where people who aren’t from the same household being in the same indoor space should be limited.

phxspurfan
08-03-2020, 03:50 PM
Without a new bill Landlords can start evictions on Aug 25th (I believe) or near that date. Many landlords have already started the legal process but they can't actively kick you out till that day. Mortgage payments which are in forbearance are supposed to be added to the back of the loan the way the law is written but many lenders have been misrepresenting the payment terms to their borrowers with lump sum payments, this is wrong

ok so it's a stupid financial decision the way it's written. You pay double interest on the amount you don't pay.

Winehole23
08-03-2020, 08:09 PM
Congresscritters being a bunch of bitches sure isn't one of them.Nothing has passed because Republicans oppose public relief during a depression.

FrostKing
08-05-2020, 11:27 AM
https://i.ibb.co/k09jmXy/Screenshot-2020-08-05-09-19-52-1.png