So how is everybody doing here? I expect Freepers to be a little smarter than the average bear.
Still think you can spin this till June, Dr. Tony?
I am doing OK. I have always been conservative on my savings and I will immediately go to Defcon 1 when needed. That means cutting back to the bone if necessary.
And those people worked their asses off to save that
money.
fearpers don’t care.....they’re apparently set in life with govt pensions....who the hell cares if people are forced to loose their homes, their cars, their health insurance....
The good thing about being retired is that our pension income is not affected. My wife also has an independent contractor gig and her income from that has been cut in half, but we’re still keeping our heads above water. The downside is we’re part of that vulnerable population. So all of our grocery shopping has been done via curbside pickup for the last month.
One could say that for corporate America, too. The ones getting the lion's share of the bailout program.
I have felt Trump will be fine during the next election, people will understand this was beyond his control. Now, knowing two mid 40’s families with both laid off, I am not so sure, adn there doesn’t seem to be any urgency on the part of the administration. Government handouts, and interference are going to look very appealing if we don’t get this economy moving. But then Republicans spend as much as Democrats so...
The ones who live under the thumb of a Democrat governor are going to be screwed.
A combination of 30+ years of wage suppression combined with with financial ignorance plus broken families has created this situation. Hopefully after this crisis has passed some people will be willing to listen and learn.
- Alfred Henry Louis 1906
God will Always provide.. All we have to do is ask.
I don’t have any savings to run out of. Thankfully I have a pension and social security so I can help my kids out a bit.
L8r
yep so are business owners who have supported their employees for 112 years. I run a family business that had over 225 employees on January 1st. Now down to about 175 but have to think about closing it permanently.
hate to do it but I can’t put money back into something that will perhaps fail after Covid 19. I can’t believe its almost been 60 days of this train wreck....
If it ended today we still might not make it as who has the money to buy anything.
How will America pay back what we are printing to stay in business.
What kind of inflation will we have in the future. Will we have 30% unemployment by June 1. then we will be in a serious depression.
This alone should be demtard impetus to open things up.
No they are too commotted to wiping out whatls left of the middle class.
Pretty sad. Too bad money management skills was replaced in public schools by the 3-R’s: racism, recycling and reproduction.
America needs to tap its natural resources to help pay down this debt. Trump should use the national emergency to suspend all environmental restrictions on mining of rare earth elements and other materials, which we have in abundance, but which Clinton and Obama restricted via ridiculous “national monument” declarations and other environmental holds...handing China a virtual monopoly on this critical mining, worth tens of billions per year.
I bet they all have new cars, big TVs, and a new iPhone.
Pay yourself first.