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To: MinorityRepublican
True, but what about the smaller companies? With a second quarter GDP estimated to be between a -20% to -40%, the worst ever in the history of this country, (the worst quarter in the Great Depression was only -12.4%), the smaller companies is what concerns me.

Many here dismiss these companies going out of business is that it is their fault for not preparing better, but no one prepares or expects to be closed from 5 weeks to perhaps 10 or more. Large businesses will survive, hobbled, but they will survive except for some large airlines (which still only brings a shrug of the shoulders), but the smaller companies that depend on cash flow for survival - many will never reopen.

9 posted on 04/28/2020 8:27:02 PM PDT by Dave W
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To: Dave W

It will be bad for small businesses. If I owned a restaurant, I would close it down and collect unemployment. Then wait until 2021 or 2022 to reopen.


10 posted on 04/28/2020 8:28:41 PM PDT by MinorityRepublican
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