Latest Coronavirus - Yikes

[tennvols77]

One of the biggest fallacies and misunderstandings by the masses is that if you own your own company, somehow you are fine and well off. Most are no different than the employees and people living paycheck to paycheck, just floating above water.

Most small businesses are below a million in revenue. There is debt and possible credit lines that keep operating possible.

Cash-flow is the only important thing. The majority do not have it. Even if you do up to 20-30 million in revenue, doesn't mean the company is run soundly or operates at a profitability level that allows one to put cash away, it is constantly being funneled back into the company.

Also, look at what types of business they are. The majority are brick and mortar shops, stores, boutiques, restaurants and service oriented and offer streamlined products that are not necessities.

 

[hog88]

It's more stupid that people cant go 2 to 3 weeks without their business failing or surviving.

Ever signed the front of a paycheck?

 

[midnight orange]

Again, just difficult to comprehend the lack of intelligence on this remark.

You think there is going to be a magic day at the end of this when the gubment turns on the green light? And when they do that the car dealerships, boat dealerships, tourist destinations are just going to be flooded with customers?

I think what he’s saying is that our economy for the last 12 years has been a sham. American’s have virtually no savings and high consumer debt. That goes for for corporations as well. The government was 23 trillion dollars in debt before this began. The US has a 105% debt to gdp ratio. The highest ever was 122% and that was at the end of WW2. If we didn’t have a phony economy, we would be in a much better position to weather this storm.

 

[Septic]

So are the trump supporters on board with this bailout that The Human Tortoise™ is trying to fast track? Cash payments to individuals and families? Wtf.

Remember when you guys had a conniption over the cost to US taxpayers over Obama-phones? Can someone explain to me how taking tax dollars and/or printing cash and redistributing it is not what has been keeping the right chewing on Prilosec for a decade?

I mean I get that Pelosi is trying to pork barrel the bill like the POS she is but can we talk about the corporate handouts that the R's are suddenly ok with? All this 'won't someone think of the children' style plays on emotion is garbage, if companies haven't learned how to plan for rainy days where mere economic slowdowns are going to destroy them, then maybe they should fail?

F it. I hope nobody gets cash, let the chips fall where they may.

 

[rjd970]

You think the public health agency numbers reported by a U.S. State or City are being fabricated? Come on.

Just because you don't like a fact doesn't make it false. Donald.

We absolutely have a problem with reporting context of the numbers. Every time I hear “the numbers of cases are increasing exponentially” I think first, really? Show me that math. Second, I think, so what?

What is the mortality rate doing? Who is affected? What underlying conditions are exacerbating this? Just throwing out headlines doesn’t do any good. I have to do searches online to academic medical studies to get any idea of the true picture.

The news is awful at explaining how bad or how good things are.

 

[Pepe_Silvia]

It’s crazy to me how everyone complains about Congress, yet it’s the same yahoos every cycle that get elected back. Stop voting these morons back into office. Pick somebody new, go third party.

This all goes back to Americans allowing (in fact, encouraging) the growth of government for decades. The government is largely responsible for the current situation, yet now people are clamoring for government to come to the rescue. On top of that, many Americans have shown that they're content with obeying every directive given to them by the government.

 

[hog88]

I think what he’s saying is that our economy for the last 12 years has been a sham. American’s have virtually no savings and high consumer debt. That goes for for corporations as well. The government was 23 trillion dollars in debt before this began. The US has a 105% debt to gdp ratio. The highest ever was 122% and that was at the end of WW2. If we didn’t have a phony economy, we would be in a much better position to weather this storm.

True, our economy is dependent on debt and spending. Just look at the tax code, businesses are forced to spend money or surrender it to Uncle Sam.

 

[hog88]

So are the trump supporters on board with this bailout that The Human Tortoise™ is trying to fast track? Cash payments to individuals and families? Wtf.

Remember when you guys had a conniption over the cost to US taxpayers over Obama-phones? Can someone explain to me how taking tax dollars and/or printing cash and redistributing it is not what has been keeping the right chewing on Prilosec for a decade?

I mean I get that Pelosi is trying to pork barrel the bill like the POS she is but can we talk about the corporate handouts that the R's are suddenly ok with? All this 'won't someone think of the children' style plays on emotion is garbage, if companies haven't learned how to plan for rainy days where mere economic slowdowns are going to destroy them, then maybe they should fail?

F it. I hope nobody gets cash, let the chips fall where they may.

No, I'm not in favor of this stimulus package.

 

[volfanjustin]

 

[Sandman 423]

So are the trump supporters on board with this bailout that The Human Tortoise™ is trying to fast track? Cash payments to individuals and families? Wtf.

Remember when you guys had a conniption over the cost to US taxpayers over Obama-phones? Can someone explain to me how taking tax dollars and/or printing cash and redistributing it is not what has been keeping the right chewing on Prilosec for a decade?

I mean I get that Pelosi is trying to pork barrel the bill like the POS she is but can we talk about the corporate handouts that the R's are suddenly ok with? All this 'won't someone think of the children' style plays on emotion is garbage, if companies haven't learned how to plan for rainy days where mere economic slowdowns are going to destroy them, then maybe they should fail?

F it. I hope nobody gets cash, let the chips fall where they may.

I haven't seen anyone here say they are okay with any of it. While I don't think the Government she help anyone through this, I also don't think they should stop people from earning a living. I don't see how we get out of this without handouts now.

 

[allvol123]

I think what he’s saying is that our economy for the last 12 years has been a sham. American’s have virtually no savings and high consumer debt. That goes for for corporations as well. The government was 23 trillion dollars in debt before this began. The US has a 105% debt to gdp ratio. The highest ever was 122% and that was at the end of WW2. If we didn’t have a phony economy, we would be in a much better position to weather this storm.

We dont have an economy that can shrug off 2-3 weeks of inactivity. You can complain, and correctly on some things, about government and personal behavior, but things just arent built to respond to this.

 

[midnight orange]

True, our economy is dependent on debt and spending. Just look at the tax code, businesses are forced to spend money or surrender it to Uncle Sam.

I don’t blame the businesses, they have to do whatever it takes to work around the govt. It’s the incentives that are stupid, courtesy of Uncle Sam.

 

[Septic]

I haven't seen anyone here say they are okay with any of it. While I don't think the Government she help anyone through this, I also don't think they should stop people from earning a living. I don't see how we get out of this without handouts now.

That's why I'm asking - the shills that generally align with the brotherhood of the donald are fighting like hell to make it rain like Post Malone in a Miami strip club.

These are tough times, I get that - but America is BROKE. The people that groused about fiscal responsibility from 2008 to 2016 are eerily quiet.

 

[midnight orange]

We dont have an economy that can shrug off 2-3 weeks of inactivity. You can complain, and correctly on some things, about government and personal behavior, but things just arent built to respond to this.

All I’m saying is that if the economy was truly healthy, we’d be in better shape to handle a crises like this. I otherwise agree with your statement.

 

[allvol123]

That's why I'm asking - the shills that generally align with the brotherhood of the donald are fighting like hell to make it rain like Post Malone in a Miami strip club.

These are tough times, I get that - but America is BROKE. The people that groused about fiscal responsibility from 2008 to 2016 are eerily quiet.

As quiet as those that talk about "keep your laws off my body."

 

[Hunerwadel]

It’s crazy to me how everyone complains about Congress, yet it’s the same yahoos every cycle that get elected back. Stop voting these morons back into office. Pick somebody new, go third party.

But....but....my Congressman and Senators are the good ones. The ones you keep electing are the problem.

 

[Septic]

As quiet as those that talk about "keep your laws off my body."

I don't know what you're referring to, though it appears to be a non sequitur to the topic at hand. Perhaps I'm wrong...

 

[allvol123]

I don't know what you're referring to, though it appears to be a non sequitur to the topic at hand. Perhaps I'm wrong...

Masses on both sides are quite happy to bury their "principles " all of a sudden. The keep your laws off my body libs are all of a sudden quite complacent with regards on being told what to do with their bodies.

 

[Orange_Crush]

What city is under quarantine?

You have a small point however, I never did think people would allow state and local governments to even attempt what they have gotten away with. I'm pretty surprised how easy it was for the .gov to cower so many people.

I'm not amazed at all. Use the media to create fear in the public. Use that fear in the public to create fear in politicians that the media will make them look bad to the voters.

Trump fell for it as well.

Fear, anger, mourning... The worst times to make decisions. We're using it to make policy.

 

[W.TN.Orange Blood]

First off, Nancy has some hairy arms w/some muscle ... & 2nd she's serious looking doing that.

 

[evillawyer]

 

[Hunerwadel]

I haven't seen anyone here say they are okay with any of it. While I don't think the Government she help anyone through this, I also don't think they should stop people from earning a living. I don't see how we get out of this without handouts now.

We have had the highest employment numbers in our lifetimes. Doesn't almost everyone have unemployment compensation insurance? It doesn't pay a fortune but it should get most people by for a while without the gov't sending everyone a check.

 

[allvol123]

I thought healthcare was a right. What do healthy doctors and beds have to do with anything?

 

[davethevol]

I don’t think anyone is actually saying sacrifice the old. What they are saying is the elderly are most at risk and that we have to think about the future, because if we don’t then everyone will suffer when there are no jobs and civil unrest.

 

[37L1]

That's why I'm asking - the shills that generally align with the brotherhood of the donald are fighting like hell to make it rain like Post Malone in a Miami strip club.

These are tough times, I get that - but America is BROKE. The people that groused about fiscal responsibility from 2008 to 2016 are eerily quiet.

I think it's become quite obvious, particularly when we crossed the threshold of a $Trillion, no one of any consequence in our government pays attention to it. They are going to continue to spend money, that we don't have, until the consequences of doing so grinds it all to a halt. Our government is like a teenage girl with Daddy Warbucks' credit card.