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To: blueplum

I wasn’t referring to myself. You don’t seem to understand the cascading effects high unemployment causes. It will send aftershocks through the economy from top to bottom. Housing prices, consumer spending, etc. We are facing a long period (years) of recession due high unemployment and economic uncertainty. We can’t wish that away. Sorry.


312 posted on 04/03/2020 4:57:39 PM PDT by lodi90 (Flubro)
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To: lodi90

We are facing a long period (years) of recession due high unemployment and economic uncertainty.


Okeeee.....

Let’s see your economist peer-reviewed studies and links, confirming this, er, statement.

No one is ‘wishing’ anything away, here.

We ARE looking at facts, studies and relevant China virus info and studies, tho.

Take your drama to a flubro thread.


322 posted on 04/03/2020 5:07:34 PM PDT by Jane Long (Praise God, from whom ALL blessings flow.)
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To: lodi90

I mostly talk in generalities so not really you, you, except the cavuto part (wink).

But yes I do understand. Anyone who’s been unemployed does. But who is unemployed? Not the lower class - they’re still constructing and landscaping and mini-marting and nursing home nursing and Walmarting and working for those delivery services and trucking companies, same as usual. Not the upper class of course. That leaves the middle class - about 1/3 of which who work for some form of govt and so have guaranteed salaries coming in. Another 1/4-1/3 can work from home - still drawing salaries. That leaves 1/3 of the middle class. Getting checks in order of income, lowest first. I don’t see any drastic emergency.

Yes, housing is stagnant - who wants buyers traipsing thru their open house right now? Consumer spending hasn’t let up if you ask the post office and UPS - and Amazon. Grocers might take a hit after people realize they have six months of beans still to eat. And I wouldn’t worry about housing prices - watch for some migration from former hot areas, but then you’ll have other buyers move into those areas thinking they have 100 years until the next pandemic. Florida will never lose its value - neither will California. Not with a return to the lowest unemployment in history. Economic uncertainty depends on how quickly our product/services buyers overseas bounces back. But once the virus is gone or we develop a weapon that neutralizes it, I.e., vaccine or prophylactic, it’s gone. And what else happens when it’s gone? The world will want made in America clean and fresh. Let the good times roll. In the meantime, like I said, skill-up, paint that bathroom, learn yukelele, but enjoy your paid staycation. It’s an opportunity of a lifetime to retool yourself so you can hit the ground running.


345 posted on 04/03/2020 5:21:22 PM PDT by blueplum ("...this moment is your moment: it belongs to you... " President Donald J. Trump, Jan 20, 2017))
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To: lodi90

Sod off troll.


546 posted on 04/03/2020 9:36:31 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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