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This entire thing is bizarre. The Democrats have basically shut the country down and are about to create a severe depression unless the country is opened up right now. What is interesting is that the stock market is showing a complete disconnect to what is going on. To those who say the market looks ahead 6 months to a year, something is markedly wrong with that model too.
1 posted on 05/08/2020 3:49:36 AM PDT by MeneMeneTekelUpharsin
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To: MeneMeneTekelUpharsin

30 million people lost their jobs and most are making more than before with the 600 bucks ADDED ON to their unemployment

They know they will be working again in 6 months to a year and EIGHTY PERCENT are making MORE now with the extra 600 than their unemployment.

NO ONE in my family has been laid off..lawyers, audio visual vice president, CEO of health tech firm, nurse practitioner, accountant, teacher, administrative assistant, SALES rep, advertising space manager and ON and on are ALL working.

The big jobs have not gone away.

The jobs with 1970s salaries were lost and like I said, they’re making MORE than before for AT LEAST another 3 months.

SS recipients and SSDI recipients are making the same.

I don’t think the 1933 depression had the unemployed making 25 percent more than when they were employed.

That’s costing us 4 trillion dollars.

But these are the reasons the market is going up.


2 posted on 05/08/2020 3:56:01 AM PDT by dp0622 (Radicals, racists dloont point fingers at me I'm a small town white boy Just tryin to make ends meet)
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To: MeneMeneTekelUpharsin

The NIH and CDC leftist infected agencies have brought America to its knees.

Good job ‘Rats..


3 posted on 05/08/2020 3:57:09 AM PDT by Paladin2
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To: MeneMeneTekelUpharsin
"What is interesting is that the stock market is showing a complete disconnect to what is going on."

No disconnect in that Congress and the Federal Reserve have dumped trillions of dollars and that money has to find a place to land.

4 posted on 05/08/2020 4:07:59 AM PDT by buckalfa (Post no bills.)
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To: MeneMeneTekelUpharsin

America turned its back on God and sanity. A price, likely a fatal one, will be paid for such stupidity.


5 posted on 05/08/2020 4:27:13 AM PDT by TTFlyer
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To: MeneMeneTekelUpharsin

Instant Cup-o-Recession. Just add media panic and stir!


7 posted on 05/08/2020 4:38:10 AM PDT by Flick Lives (The real virus is the MSM)
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