If as one of the results of all this we have a more rapid and more aggressive ‘buy American’ response, and a disinvestment with China, I think there is a good possibility we will be able to turn things around rapidly.
It will take years for Las Vegas to recover. Whole departments have been “permanently separated” from may casinos.
The buffet I worked in will remain closed indefinitely. This is the case for many if not most of the major hotels. That means that thousands of workers who thought they would be returning to jobs in just a few weeks no longer have jobs and will not be back to work anytime soon.
Valet and bell services have also been suspended indefinitely. Front desk clerks will be reduced to a minimum with more autonomous check ins in the future.
I realize that the Las Vegas economy is heavily tied to tourism and it may be some time before the volume of visitors returns, but I believe that had there not been such panic and a closure of everything, it may have been a quicker turn around.
These idiots never thought of the far reaching and long lasting impacts of closing down all business. It brings me no comfort to know that government employees and programs will suffer large losses as well.
The enhanced unemployment from the federal government has made it easier for states to remain in lock down. When they passed the CARES ACT they had no clue how many people would have to be compensated. And I don’t believe it is done. It will go higher.
I wake up every morning still in shock at what has happened. It’s beyond mind numbing that for a possible 2.2 million deaths, our “leaders” have destroyed the lives of countless times that number.
The worst part for me is that we have no idea if lives were saved or not.
33.5 million UI claims were filed....
Independent Truckers are not included
Independent consultants not included
Business owners not included
Independent Contractors not included
Actors, Ballerina’s, Broadway, Symphony, musicians, artists and more - NOT INCLUDED
More like 40 million not working at full time
They’ll just raise taxes on those that are working to make up for it.