Recruiting Forum Football Talk II

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#121,353
#121,353
Pepe_Silvia said:
Thank god the government is coming to the rescue with a bunch of money that we'll all be on the hook for years and years.
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Economists are behind it. I'd say they understand better than we do. An injection/stimulus now provides a longer-term return than doing nothing. Just like in 08/09. Let's not be shortsighted.
 
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#121,356
#121,356
Aesius said:
Grocery stores and restaurants are going to be how this thing keeps spreading. Not sure how to minimize that. People gotta eat.
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that was my initial thought as well, and i'm sure it's different for different areas of the country, but we go 1x a week get the essentials..and we're good. i did go out about 3 weeks ago and sorta load up on some dry goods with relatively long shelf lives....nothing major, but middle of week three, and all we'v really had to replace is produce, milk, eggs and whatever meat/protien....so far so good.

and i was in target last saturday...folks were doing what they were supposed to no big rushes or crowds.. it was busy, but not frantic.....they were spraying down shopping carts as they were coming in to the store and had wipes available.

if people will do what they're supposed to, i think the risk is mitigated. not eliminated...but mitigated a pretty good bit.

edit: wife went to the same target today, milk and gr beef....anyway...said a lot of people had masks on. nothing frantic, still doing social distance...nothing overly concerning that she saw. still no TP or sanatizer...that's 3+ weeks in a row. no chicken still. for giggles i went on amazon to see about getting TP, and you can get a 24 pack delivered in a week for i think either $35 or $25...? and forget about buying hand sanatizer....it's not even available. all sales are held for hospitals and government agencies involved with covid19....so chances are if you don't have any, you ain't getting any lol. i did find 100ML bottle, looked like it shipped direct from asia, for $11+ $4 shipping...lol.
 
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#121,360
#121,360
Devo182 said:
Economists are behind it. I'd say they understand better than we do. An injection/stimulus now provides a longer-term return than doing nothing. Just like in 08/09. Let's not be shortsighted.
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“We’re all Keynesians now.” 21+ T in debt without derivatives. The only thing they know how to do is inflate bubbles. My toddlers can do that.
 
#121,362
#121,362
I expect we'll hear guidance from the CDC soon enough encouraging the wearing of masks in public places. With the ambiguity of covid19's presence in the air outside of the large droplets (some believe it can stay in the air for 30 minutes and go as far as 15 feet from some individuals upon expression), I think it will help reduce some fear for shopping for food. I think the only reason they haven't made that call yet is the scarcity of masks in general. I still think wearing some sort of face covering (n95 or lesser) is still better than nothing.
 
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#121,366
#121,366
bcmbvol said:
“We’re all Keynesians now.” 21+ T in debt without derivatives. The only thing they know how to do is inflate bubbles. My toddlers can do that.
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Seems to be something that works in crises and SOP these days.

Though not sure what has to do with bubbles. Not talking QE, just stimulus. QE infinity started way before all this.
 
#121,369
#121,369
bignewt said:
Capital gains taxes are BS, if I'm taking a risk with my hard earned money and investing those taxed dollars into the market you want me to pay taxes on them again if my investment grows? Ain't nobody got time for that! If they waived it our economy would get a shot in the arm.
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Hedge fund managers and Wall Street would love this the most, along with CEOs paid in stock.

If we are talking secondary market equities and debts, I don't see it doing much. It isn't like if people buy more stocks it affects the economy.

I'm all for taxing passive income. Many bitcoin owners wanted to avoid taxes. I thought that was the most egregious, pompous view. People literally sat back and watched investments grow 1000x, with zero work, and they think they shouldn't pay tax? Meanwhile we tax people working 2 jobs at minimum wage? I think that is BS.

bignewt said:
if I'm taking a risk with my hard earned money and investing those taxed dollars into the market you want me to pay taxes on them again if my investment grows?
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You don't pay taxes on your "hard earned dollars" again. Only on the passively earned gains.

And they are given VERY favorable rates, 15% for most. Much different than most earned income. They are historically low and meanwhile tons are spent on top earners trying to transition refular wages into capital gains. It is basically a tax shelter for some.
 
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#121,370
#121,370
EUi3xomXgAA5xtP
 
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#121,373
#121,373
hotcypress said:
I expect we'll hear guidance from the CDC soon enough encouraging the wearing of masks in public places. With the ambiguity of covid19's presence in the air outside of the large droplets (some believe it can stay in the air for 30 minutes and go as far as 15 feet from some individuals upon expression), I think it will help reduce some fear for shopping for food. I think the only reason they haven't made that call yet is the scarcity of masks in general. I still think wearing some sort of face covering (n95 or lesser) is still better than nothing.
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My son was living in Taiwan when this first hit. They were all over the mask thing from the very beginning. They have 329 cases now.

Funny thing is he got kinda panicked and came back to the US when it starting spreading elsewhere. Zero doubt it will get bad in Taiwan, right? He sho feel dumb.
 
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