Posted on 04/16/2020 5:43:19 AM PDT by John W
Sounds good to me, but not until 70.
The report assumes all who lost a job and wanted to apply for unemployment got through. That’s false. Many cannot get through as the unemployment systems cannot handle the load. We’ll see 5+ million every week.
I guess people are a little reticent right now, with a plague raging across the country that shows little sign of slowing, and mixed signals from the CDC on how to protect against it.
You assume small business will get any money........ Governments are set up to deal with large organizations who can hire ‘experts’ to fill out complex forms and banks are designed to operate slowly....
“...you assume small business will get any money....”
Can’t agree with this enough.
As a medical provider the difference between those who opt for the “sit on your ass” retirement and those who keep working is stunning. I’ve seen dudes have strokes at 65 a month after retirement and 85 year old farmers who were healthier than many 25 year olds. It seems people go down these two separate roads. Retirement is THE time to start exercising and to start being more active!
2. You also assume that all the money is going to small businesses.
I have nothing on which to base my assumptions other that that which I read, and that I do with a grain of salt.
my life experiences are running small businesses and dealing with governments, somehow one always gets the short end of the deal......
nor do H1B workers
We should nuke Bejing.
Yep.
Work on staying healthy and productive into your 80’s instead of fixating on sitting on how you can sit on your ass, thinking like you are living off your money like Rockefeller.
Quiet, now, you are giving away top secret advice.:)
Another factor is how many of these 80+ people besides doing what you noted, still live in the same homes that they raised their kids and shared good times with them and then their grand kids.
This factor is creating a huge financial breaking point with the million $ super fancy retirement home business.
Regards
Dave
this is the news the left was circle jerking to run with ..THIS is why the nonstop COVID19 crisis nonsense.
The economy was too good and POTUS was looking for an easy re-election. Now? Who knows. Half the morons will BLAME him for COVID19 and losing their job.
still planning on retiring from one of my jobs in February. I’m 59 stb 60 and have been working two jobs since the eighties. Enough!
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