Posted on 03/20/2020 8:43:11 AM PDT by rintintin
Financial markets paused their slide Thursday, but no one should think this rolling economic calamity is over. If this government-ordered shutdown continues for much more than another week or two, the human cost of job losses and bankruptcies will exceed what most Americans imagine. This won’t be popular to read in some quarters, but federal and state officials need to start adjusting their anti-virus strategy now to avoid an economic recession that will dwarf the harm from 2008-2009.
(Excerpt) Read more at wsj.com ...
Only took them a week to figure this out. What brains. /s
I am less terrified of this virus than of all of the stupidity it has brought to the surface.
Now you wake up!!!!! This is the dumbest thing the United States has done. Makes the Iraq war seem charming.
And from people who I thought knew better!
Heard yesterday the Trump Administration is considering full fledged Martial Law next week as he thinks we are not heeding the warnings enough as we currently have Partial Martial Law now so why not go whole hog I guess...
I’ve been saying that all along.
But bro - I don’t seem to understand exponential curves.
I have thought this for a few days. We are paying a terrible price for not that much gain.
But, but, but ... Dr Fauci!
We are paying a terrible price to avoid paying a horrifying price. Wake up.
They sneaked a few peeks at Free Republic. Wised up.
You said it. And I’ve been accused of being an old-people hater, stupid, ignorant, and all sorts of other idiotic things.
Simply because I see this as a method of taking down capitalism and freedom more than a health “crisis”. You can’t even say “flatten the curve” because there has to be a curve in the USA in the first place! More people are dying from a lot of other things than from this Chinese virus.
WUT?! Our economy is at risk? WTH? Who would think (for NV anyway) that shutting down the casinos for 30 days would cause an issue? And bars and restaurants. Sounds like a perfect opportunity for gov steve sissypants to push for a state income tax for nevadans. They’ve been salivating over that idea for a while and now..................
They should have adopted the same posture regarding globalization and trade with China years ago.
"No society can safeguard public health for long at the cost of its economic health ... but hell, yes -- give China that Most Favored Nation trade status."
Let healthy people go about business practicing social distancing and good hygiene. All at risk individuals should shelter at home isolated. What we are doing now is causing more damage than if commerce was restored with social distancing and avoiding contact with at risk individuals. This is my opinion. This is the strategy Australia has instituted.
It’s worth noting that almost every one of these states imposing these highly restrictive measures has spent the last three years fighting every measure the Trump administration has taken to protect our nation’s borders and enforce our immigration laws.
Before Gavin Newsome tells anyone in his state to surrender even one iota of their freedom and liberty “for public safety,” he ought to hold himself accountable for HIS role in putting these citizens at risk.
My preference would be for him to schedule a media briefing and blow his brains out on national television.
For now, I’d take his resignation as a minimal gesture of his sincerity.
If he’s not going to do either, he can take his restrictive orders and stick them up his ass.
This is the story of the little boy who rang a bell in the city center. When asked why, he said to keep away the elephants. When told there are no elephants, he said, “See? It works!”
This is the communist using this “crisis” to implement communism, to keep the elephant virus away by ringing the communist bell of handing everything over to the government.
Phase 1 was gaslighting the sheeple into thinking they will die without government intervention.
Phase 2 is control the people and shutdown their businesses.
Phase 3 is government providing payment for business rents and payroll.
Phase 4 is the government simply stating that since the government already pays for everything that the government now owns the businesses.
Communism complete: Total control of the sheeple and a complete takeover of commerce.
The liberal States of Washington, Pennsylvania, California, Colorado, and New Jersey have implemented martial law, selecting which businesses must close and that the people must stay indoors. This isn’t a quarantine; this is martial law. Just because the communists are using the virus as an excuse doesn’t mean it is not martial law. When the government can tell you to stay home, implement curfews, and shut down businesses, it is martial law. Trump is in on this communist takeover. He is encouraging States to go into martial law and shut down businesses and lock everyone into their homes.
To get the people’s cooperation, the government is buying their cooperation. Each adult gets $1,000; $2,000 per couple but only if they make under $150k. Great, huh? Get taxed to give other people free money. Colorado is giving people a pass on parking tickets as though people can no longer seem to properly park. There are lots of free sh*t stories being reported.
Just as we were moving manufacturing back to America, the communists are closing those businesses making us rely on foreign imports again. Since Trump has surrounded himself with the communist healthcare workers, he is pushing the narrative and supporting “free” money which means both conservatives and liberals, alike, support him and this effort to take over the country by the communists.
We are past the tipping point. Americans are fully endorsing any and all measures. They actually want more closures. The drama queens are begging to have all their liberties taken away in the name of safety. They are begging for their businesses to close, thinking somehow Uncle Sugar will hand them money to live on instead of having to work.
For those of us not so stupid as to fall for this communism propaganda, we have the right to take on jobs and visit businesses of our own free will. This is the liberals taking away our right to choose.
The WHO estimates between 250,000 and 500,000 die worldwide from the flu. China had 81,000 infected of a population of 1.4 billion and have now lifted their quarantines and claim to have no new cases. South Korea with 8,600 cases likewise has seen a tremendous drop in new cases.
Anyone feel stupid yet?
The national unity honeymoon after 9/11 lasted about three weeks. That’s about the max here.
When the daily new case count levels off or begins to drop, compliance with recommendations limiting activities will collapse.
Gingrich once said that Americans are independent spirits, that they considered speed limits as suggestions, not mandates.
No shit. everyone with two working brain cells understands this. There is reason to suspect that either the Chicken Little Democratic governors don’t have two working brain cells or that they are purposely trying to crater the economy just like they did during the 2008 election. this is déjà vu all over again.
What I have posted earlier.
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I’m 1,.000% against shutting down Americas backbone by not going out. Yesterday, went out to a restaurant and went dancing afterwards. Tipped the waiter at the restaurant nicely and doubled my tip to the band later that night. My friend sitting across the table did the same. Danced with a couple of lady friends besides the wife and will continue to do so. Play cards later tonight and expect to do the same next Monday. I’m not staying in my house. And I hope to help all the local businesses stay afloat.
As to the virus I hope they find BOTH a cure and and antivirus vaccine ASAP. That is what I think needs to be done. NOT CLOSE UP SHOP.
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