(They're) pissed they didn't snag his ass at Impeachment & they ain't lettin' go no matter the death count. They calculate he will have the vast lion's share of that sandwich come Election day.
& it's a pretty safe gamble by her. (We) ain't gonna remember much come November cept that death count.
A "piss pot pie-in-the-sky loan program" that MSM persistently reports is failing to start with will not resonate, no matter how hard we hammer to resuscitate it.
There will be a lot of small businesses that won't be able to make payroll next week because that shriveled up old wants to play gotcha. You think the unemployment numbers are bad now, just wait.
bendover I will indicate a stimulus
Sweet. Got my SBA number. apparently it slid in under the wire.
Too bad small businesses didn't marshall their resources better, save up for a rainy day.
Why should the government bail out irresponsible businesses that can't weather a one month rough patch?
You still got that Paulbot in you
Should have blued it, I was lampooning CC.You still got that Paulbot in you
So bootstraps won't work? Looks like a cultural problem.
Pelosi wants to make sure, after she and Dems made sure the wealthy got bailed out, that the non-wealthy get some $$$
I don't think the govt has the fine control she's looking for to get money to the truly needy, only a shotgun of money, mostly aimed at the oligarchy.
My office managers husband has a small AC company that runs a couple of service trucks. She says everyone has cancelled their service and hes not going to be able to make payroll tomorrow. This should make winehole happy since it punishes the greedy bas that didnt plan for a worldwide pandemic.
Sorry for your friend.
Sometimes bad things happen to good businesses.
Given that bad things cause good people to go out of business all the time, why should big government pick up the tab this time?
Not rhetorical, interested in your thinking on this. Do you become a Keynesian during a depression?
My thinking is since both political parties have absolutely abandoned fiscal sanity we might as well try to enjoy the last hurrah. Uncle Oprah is giving away left and right damn the future consequences. when Biden gets elected I might even get some new green golf carts...these are getting old.
Last edited by CosmicCowboy; 04-16-2020 at 06:28 PM.
So basically, you've become a nihilist?
More of a realist. The political process in Washington appears to be irrevocably broken.
This is a really a dumb question. It's the government shutting the economy down. This isn't even keynesian economics, it's unprecedented in human history. There is no economic theory for shutting down the economy on purpose.
It's not unprecedented in human history, and it's not based on economics. It's based in epidemiology and due regard for human life.
But now that you mention it, there is a reasonable economic rationale. Runaway pandemics appear to be more destructive than non-medical countermeasures.
http://news.mit.edu/2020/pandemic-he...-recovery-0401
https://papers.ssrn.com/sol3/papers....act_id=3561560
As to your feeling that my question to CC about Keynesian economics is misplaced, I don't think it is. Increased government spending is one of the few effective tools against a demand shock, to avert or mitigate a debt-deflation spiral.
Last edited by Winehole23; 04-16-2020 at 08:21 PM.
I'm still trying to wrap my head around how life has changed. It's like some get it and some dont. Went to walmart yesterday and half the people were wearing masks of some kind and delicately trying to social distance and the other half were just acting like classic "people from walmart". This is here to stay. There wont be a "normal" for ing years.
Unless people feel safe, it won't matter how many times Trump, your governor, your mayor and the Chamber of Commerce say olly olly oxen free. They'll still hunker down and socially distance.
That's why reopening the economy has to be based on mass testing, social tracing and effective containment measures that the former make possible. It has to be based on actually controlling the pandemic (until we have a vaccine or the equivalent.)
Last edited by Winehole23; 04-16-2020 at 09:02 PM.
Face it, SnakeBoy. We're in a depression.
Small-business program intended for quick grants is running weeks behind
Applicants are supposed to receive emergency cash within three days. Many have been waiting weeks.
https://www.washingtonpost.com/business/2020/04/15/another-sba-program-is-severely-backlogged-running-low-funds/?cv-campaign=4fda08e2fbca0387b958bb44bf5cc2b6&utm_camp aign=wp_to_your_health&utm_content=2020_04_15&utm_ medium=email&utm_source=newsletter&wpisrc=nl_tyh
Didn't the stimulus give small business loans that don't have to be paid back just the 4% interest. Why didn't they get a loan? They also can furlough/lay off the workers for a couple of months so they don't have to make payroll.
Last edited by rascal; 04-16-2020 at 09:22 PM.
I think Winehole's overarching point with the sarcasm is that pure capitalism can't solve every problem. Not saying you think like this, but there's many capitalist fundamentalists who think the "invisible hand" can solve any and all problems. This pandemic situation should illustrate the need for a healthy social safety net that is built by, gasp, more taxes, especially on those "bootstrapped" billionaires who haven't done much in alleviating some of the small business economic stress with 8 and 9 figure donations. Only one to step up is the twitter guy. It just rubs people the wrong in' way when an Elon Musk (worth 40 billion) is furloughing employees and cutting salary. I think Telsa employs 50K people. Musk could peel off a cool 5 billion that would not affect his lifestyle in any way, shape, or form and pay each worker 100K for the year.
Dorsey proved the concept. Billionaires can afford to do things like this. When they don't, it's pure in' greed, plain and simple, and us "little people" are sick of it.
Watching colleges with multibillion dollar endowments call everything off gives me a shiver of fear about the higher education in the US. They were already leaning hard on adjuncts, now those have been largely remaindered.
Something's gotta give.That model ian't sustainable.
What are they saving their powder for?
There's a memo that the loan application was a pain in the ass and the money is already all gone
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