Posted on 05/10/2020 6:32:48 AM PDT by freedomjusticeruleoflaw
We are playing God with the economy. Expect the worst.
(Excerpt) Read more at m.youtube.com ...
Well I think if something like this had happened before the internet economy it would have been much more disastrous. Most people I know have not had their income affected yet and even got an extra few bucks from the government.
Whether that made sense or not is an argument for another day. :-)
But they are shopping online at a faster Pace than before
Always remember that the vast majority of folks who go into politics know that they have little ability to do anything creative or useful, but they do have the ability to prattle about and fool people into thinking that they actually are worth being kept alive.
We see the results in Dorkbama, Pelosi, and the rest of the vermin.
Here in Arizona there are 2 lakes that aren’t in the national forestry and so were opened up to lake goers. A friend of ours went out to Bartlett Lake (northeast of Phoenix) and in his 30 Years of living here he has NEVER seen Bartleet as full of people and boats as it was yesterday! Americans Will not stay shut in forever
I beg to differ. People are flocking to any place that’s reasonably open here in Pennsyltucky. And as to playing god.... Our POTUS isn’t PLAYING God; but he IS keeping close contact with the Almighty, Who has promised us unbridled prosperity and well being in these Last Days. Ignore the doomsayers. They may well be part of the sour grape DS Cabal.
I agree. Here in Fleming Island, Florida - every store I went to yesterday was packed....more people out than I’ve seen in weeks...
Add to the list....
Commercial Real Estate values are going to be cut in half. Why? Many of the people working remotely today are never going back home. When this happens banks are going to be stuck with huge portfolios of unsold properties. Did you think 2008 was bad? Heres your government saying, Hold my beer.
“Many of the people working remotely today are never going back home.”
Huh?
Those are fun guitar leads.
The internet is keeping people home... which is the opposite of what we want.
Never mind. I read “never going back home”, you meant “never going back to the office”.
Never going back to the office works better I guess. My company sent over 100 people home over a month ago. Left at the office were a handful of managers, IT personnel and a person in the mailroom. We havent skipped a beat. Now... why do we need a 10,000 square foot facility? What about the cars needed to ferry these people to and from work? Think they will be buying a new vehicle soon? Nope, theyre going to sell it and share their wife/husbands car. Whats that going to do to GM, Ford, Toyota? Their workers? The price of used cars? The restaurants that used to feed these people at breakfast or lunch? And on and on...
My first thought when i heard that Trump was going to sign that first stimulus bill into law was
“Our enemies can now claim victory... This is what they were after from the beginning!... this is all that is needed to crush us under our own debt.”
Doesn’t matter whether the virus was intentional or not...
Our response will prove our undoing.
Yes. My son has a retail shop in Denver. When he reopened it was busy initially. Then it quickly went to half of his normal traffic. He applied for a $16,000 loan the first day it was available. Nothing. His rent is due. The business across the street closed two weeks ago. His street has lost 6 businesses as of yesterday. Happy for Florida. What about-
1. Airlines?
2. Las Vegas?
3. Cruise lines?
4. The energy industry?
5. I could go on and on and on.
We forget that the world, especially the West, is following us into the ditch. We cant all work for Amazon.
“We havent skipped a beat. Now... why do we need a 10,000 square foot facility?”
New realizations and paradigms are coming from working from home, for sure.
Also include effects on daycare, home schooling, food supply chains, gasoline/oil/tires/brakes consumption & labor, car accidents/injuries, home industry/piece-work, automation...
They have no idea what they have just done. Good and necessary disruption will ensue, in some cases, but the reordering of the economy for the Information Age is going to be just as disruptive as the Industrial Revolution. We have postponed the effects for a couple of decades, with a lot of help from collectivists in government. But now the dam has burst - and we are going to learn that Americas Unemployable Rate is now north of 50%.
I agree. But there is nothing more dystopian than 160 million people with nothing productive to do. Recipe for perdition.
This is the problem. Unintended consequences are seldom a net benefit.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.