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vt90

Joined: 12/12/1998 Posts: 44906
Likes: 24266


Huh? We are about to hit the highest unemployment since the Great


Depression! Supply chains for many products are in significant peril. Small businesses would be closing daily if it weren't for the PPP and that is only temporary - we don't have the money for the first two rounds of PPP and we certainly don't have the money for more. Hospitals across the country are about to go bankrupt. Local and state governments will all blow out their budgets this year. Colleges across the Country are about to get completely crushed. The stock market is down 15-20% and the bottom will really drop out if things don't start moving - and they won't start moving if schools remain closed.

So the fact that some can still work from home doesn't mean the economy is working. Not even close.

(In response to this post by 48zip)

Posted: 05/12/2020 at 2:21PM



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Current Thread:
  Aw, shoot. Well, from now on, cut that stuff out! ** -- PhotoHokieNC 05/12/2020 4:02PM
  A counter point with an interesting link -- HokieAl 05/12/2020 5:45PM
  Yep. ** -- ColoVT82 05/12/2020 3:53PM
  I can tell you that many of the economists -- GreenvilleVT 05/12/2020 3:34PM
  Also weren't 80K flu deaths. ** -- reestuart 05/12/2020 3:33PM
  Oh sure -- VTSnake 05/12/2020 3:32PM
  ^^^has upped his game^^^ ** -- PhotoHokieNC 05/12/2020 2:47PM
  Send the kids to work ** -- bigbadbird 05/12/2020 2:25PM
  Bring back the coal mines! Go get that low coal! ** -- vthokieq 05/12/2020 2:26PM
  Delete, post got interrupted** -- ColoVT82 05/12/2020 2:25PM
  That's been my life for the past two months. -- MP4VT2004 05/12/2020 2:25PM
  Lolol ** -- Gobbler-100 05/12/2020 3:06PM
  Same way it is functioning now. ** -- vt90 05/12/2020 2:11PM
  Economy Will Be so so IF -- armyhokie88 05/12/2020 2:32PM
  As in it isn't... ** -- VTJayLaw 05/12/2020 2:12PM
  It is for many more than not. ** -- 48zip 05/12/2020 2:15PM
  Exactly. A slow, painful deathblow.** -- vt90 05/12/2020 2:13PM
  It doesn't. ** -- vtbones 05/12/2020 2:06PM

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