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Joined: Jan 2018
Posts: 23,506
Campfire Ranger
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Campfire Ranger
Joined: Jan 2018
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Dr. Fauci has stated we should not relax social distancing until we have no new cases of Covid ... and no deaths from Covid.... let that sink in.... It'a almost as if they are trying to destroy the economy..... hmmmmm
But nothing to see... just move along... this is a pandemic after all, just like the the other pandemics.... well sorta Brother, I see your point, and others who are calling for opening up our economy by getting back to work. I haste a guess that this pandemic will provide no real course of future direction by economists and medical docs once COVID runs It’s victory lap and gets catalogued as another disease/virus needing a cure like SARS. I believe this virus will linger amongst us for quite a while, picking off both young and old over the next however many months. Learning anything from this pandemic will likely show drawing battle lines in the future during another outbreak is human nature between industry and healthcare. Who’s right? Both, one could argue. All I know is currently, I’d prefer to catch this disease a little later, after docs have figured out how to turn on my ventilator and introduce some meds that are proven to increase my chances of surviving. This coming from a guy who’s spent a small fortune on custom rifles and would very much like to enjoy using them before I’m taken off this rock. 😬😎
Curiosity Killed the Cat & The Prairie Dog “Molon Labe”
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Joined: Jan 2009
Posts: 10,817
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2009
Posts: 10,817 |
Here's someone who disagrees with you:
Unemployment will easily rise to 15 percent and GDP will plunge by $3-5 trillion if the Coronavirus lockdowns don't end by May. The economy will recover slowly and radically changed, many businesses have permanently closed and many jobs are lost forever.
Stock investors can expect continued turbulence and a slow recovery to the record high prices set in February. Many bond issues will fail absent direct intervention by the Federal Reserve and Treasury that would impose losses on taxpayers.
Stimulus spending will arrive too little and too late and too scatter shot. Federal dollars will often deliver the wrong incentives. Unemployment benefits are excessive for many workers and will encourage many low wage workers to avoid moving to new opportunities. Many self-employed will encounter huge income losses and receive little help. Whole sections of the economy will receive little aid while the airline industry will paper over its irresponsible behavior with taxpayer money.
The Stimulus Package was the product of the usual partisan gamesmanship with each side trying to obtain long-term goals instead joining hand to addressing the immediate crisis. The vanity of negotiators created a ensemble of Neros, and the economy and hopes and dreams of the American people will burn. Republicans and Democrats-and lobbyists representing all sides-hung ornaments that sparkle and glimmer to the selfish recesses of their souls, and now they can watch their Christmas tree of vanity, pride and greed go aflame.
Peter Morici is an economist and business professor at the University of Maryland, and a national columnist.
.....................................Yep! And most economists predicted that a Trump presidency would be a disaster for the economy........THEY WERE WRONG!........Most economists who hail themselves from major universities are quite liberal and therefore their opinions should be taken with a grain of salt.......And most liberal economists under-estimate the private sector and generally PREFER the demCRAP playbook of bigger and more controlling govt........
28 Nosler,,,,300WSM,,,,338-378 Wby,,,,375 Ruger
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Joined: Jun 2001
Posts: 19,075
Campfire Ranger
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Campfire Ranger
Joined: Jun 2001
Posts: 19,075 |
Those who believe all the financial experts and media pundits are the same ones that believed Trump would never win. They were never around when things were really tough.Most are young snot nose kids who are spouting whatever they heard in their liberal universities
If God wanted you to walk and carry things on your back, He would not have invented stirrups and pack saddles
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Joined: Aug 2003
Posts: 13,943
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2003
Posts: 13,943 |
My guess is there will be a whole lot of credit cards and lines of credit maxed out before this is over.
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Joined: Mar 2002
Posts: 11,498
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Mar 2002
Posts: 11,498 |
Here's someone who disagrees with you:
Unemployment will easily rise to 15 percent and GDP will plunge by $3-5 trillion if the Coronavirus lockdowns don't end by May. The economy will recover slowly and radically changed, many businesses have permanently closed and many jobs are lost forever.
Stock investors can expect continued turbulence and a slow recovery to the record high prices set in February. Many bond issues will fail absent direct intervention by the Federal Reserve and Treasury that would impose losses on taxpayers.
Stimulus spending will arrive too little and too late and too scatter shot. Federal dollars will often deliver the wrong incentives. Unemployment benefits are excessive for many workers and will encourage many low wage workers to avoid moving to new opportunities. Many self-employed will encounter huge income losses and receive little help. Whole sections of the economy will receive little aid while the airline industry will paper over its irresponsible behavior with taxpayer money.
The Stimulus Package was the product of the usual partisan gamesmanship with each side trying to obtain long-term goals instead joining hand to addressing the immediate crisis. The vanity of negotiators created a ensemble of Neros, and the economy and hopes and dreams of the American people will burn. Republicans and Democrats-and lobbyists representing all sides-hung ornaments that sparkle and glimmer to the selfish recesses of their souls, and now they can watch their Christmas tree of vanity, pride and greed go aflame.
Peter Morici is an economist and business professor at the University of Maryland, and a national columnist.
.....................................Yep! And most economists predicted that a Trump presidency would be a disaster for the economy........THEY WERE WRONG!........Most economists who hail themselves from major universities are quite liberal and therefore their opinions should be taken with a grain of salt.......And most liberal economists under-estimate the private sector and generally PREFER the demCRAP playbook of bigger and more controlling govt........ You're delusional. Most economists predicted no such thing. And Dr. Morici is decidedly consdrvative.
Don't blame me. I voted for Trump.
Democrats would burn this country to the ground, if they could rule over the ashes.
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Joined: Aug 2004
Posts: 69,632
Campfire Kahuna
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Campfire Kahuna
Joined: Aug 2004
Posts: 69,632 |
You mean the unhealthy and unstable wealth gap will shrink?
Hey, Dumbass... Why don't you do something about that yourself? What other country in the world do you have as much opportunity to thrive and enrich yourself on the fruits of your own labor?Oh. That's right.. I added the "L" word. That messes your entitled commies up every single time. Why don't you move to Venezuela? Eat your own dog for supper.
Molɔ̀ːn Labé Skýla!
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Joined: Feb 2016
Posts: 17,818
Campfire Ranger
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Campfire Ranger
Joined: Feb 2016
Posts: 17,818 |
My spending habits haven't changed. Cept a tank of gas lasts 3 weeks instead of 1. The ol lady and I went to our reg lunch spot yesterday, drive through only, and ate in my truck. Couldn't hassle the owner like before virus LOL, when things get back to normal he's in for it ![smile smile](/ubbthreads/images/graemlins/default/smile.gif)
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Joined: Mar 2002
Posts: 11,498
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Mar 2002
Posts: 11,498 |
Those who believe all the financial experts and media pundits are the same ones that believed Trump would never win. They were never around when things were really tough.Most are young snot nose kids who are spouting whatever they heard in their liberal universities What in the heck do financial experts have to do with media pundits? A lot of people believed Trump would not win, including most of us who voted for him. What does that have to do with our current rapidly crashing economy. 20 TIMES as many people filed for unemployment last week than any other week since they started measuring it in 1967. 20 TIMES!
Don't blame me. I voted for Trump.
Democrats would burn this country to the ground, if they could rule over the ashes.
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Joined: Oct 2011
Posts: 59,075
Campfire Kahuna
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Campfire Kahuna
Joined: Oct 2011
Posts: 59,075 |
This may make me sound like a Pollyanna, but I predict that when this ends and restrictions are lifted, we'll not only roar right back, but rebound to an even larger and stronger economy. I think you are 100% correct Rocky, Our economy has a lot of muscle it just needs a workout.
Paul
"I'd rather see a sermon than hear a sermon".... D.A.D.
Trump Won!, Sandmann Won!, Rittenhouse Won!, Suck it Liberal Fuuktards.
molɔ̀ːn labé skýla
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Joined: Dec 2004
Posts: 9,341
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2004
Posts: 9,341 |
You mean the unhealthy and unstable wealth gap will shrink?
Hey, Dumbass... Why don't you do something about that yourself? What other country in the world do you have as much opportunity to thrive and enrich yourself on the fruits of your own labor?Oh. That's right.. I added the "L" word. That messes your entitled commies up every single time. Why don't you move to Venezuela? Eat your own dog for supper. Your inability to carry on a conversation can be overlooked. Your attempt to hide that fact brings you laughable attention. Life as a happy fool.
The end of democracy, and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations.
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Joined: Aug 2009
Posts: 20,824
Campfire Ranger
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Campfire Ranger
Joined: Aug 2009
Posts: 20,824 |
Dr. Fauci has stated we should not relax social distancing until we have no new cases of Covid ... and no deaths from Covid.... let that sink in.... It'a almost as if they are trying to destroy the economy..... hmmmmm
But nothing to see... just move along... this is a pandemic after all, just like the the other pandemics.... well sorta Brother, I see your point, and others who are calling for opening up our economy by getting back to work. I haste a guess that this pandemic will provide no real course of future direction by economists and medical docs once COVID runs It’s victory lap and gets catalogued as another disease/virus needing a cure like SARS. I believe this virus will linger amongst us for quite a while, picking off both young and old over the next however many months. Learning anything from this pandemic will likely show drawing battle lines in the future during another outbreak is human nature between industry and healthcare. Who’s right? Both, one could argue. All I know is currently, I’d prefer to catch this disease a little later, after docs have figured out how to turn on my ventilator and introduce some meds that are proven to increase my chances of surviving. This coming from a guy who’s spent a small fortune on custom rifles and would very much like to enjoy using them before I’m taken off this rock. 😬😎 Beavers are immune to the "covid" your worries are unfounded.... ![wink wink](/ubbthreads/images/graemlins/default/wink.gif) In the past we have seemed to find a balance of economy/panic during pandemics and made it out the other side pretty much intact, except for the unfortunate victims. Life is dangerous.... Why is this time different ? that is the question... and for me the answer is obvious.... And my ornery streak refuses to let me join the hysteria and become an agent of panic and help those with the agenda.... I understand the "curve" and getting a vaccine, cure, treatment, etc... before our resources are overwhelmed and most Americans understand that also, for the most part the people have cooperated. When this turns out to be a nothing burger the blow back will be epic..... if too much irreparable damage isn't done and the people do not become the sheeple "they" are hoping for. I may be escorted to the re-education camp before it's all over..... ![frown frown](/ubbthreads/images/graemlins/default/frown.gif)
Originally Posted by Judman PS, if you think Trump is “good” you’re way stupider than I thought! Haha
Sorry, trump is a no tax payin pile of shiit.
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Joined: Dec 2006
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Campfire Tracker
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Campfire Tracker
Joined: Dec 2006
Posts: 4,113 |
This may make me sound like a Pollyanna, but I predict that when this ends and restrictions are lifted, we'll not only roar right back, but rebound to an even larger and stronger economy. I agree with that.
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Joined: Aug 2004
Posts: 69,632
Campfire Kahuna
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Campfire Kahuna
Joined: Aug 2004
Posts: 69,632 |
You mean the unhealthy and unstable wealth gap will shrink?
Hey, Dumbass... Why don't you do something about that yourself? What other country in the world do you have as much opportunity to thrive and enrich yourself on the fruits of your own labor?Oh. That's right.. I added the "L" word. That messes your entitled commies up every single time. Why don't you move to Venezuela? Eat your own dog for supper. Your inability to carry on a conversation can be overlooked. Your attempt to hide that fact brings you laughable attention. Life as a happy fool. Who is stopping you? Who is holding you back? If the US is so damned horrible, then why are so many people trying to get in? GFY.
Molɔ̀ːn Labé Skýla!
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Joined: Jan 2009
Posts: 10,817
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2009
Posts: 10,817 |
Here's someone who disagrees with you:
Unemployment will easily rise to 15 percent and GDP will plunge by $3-5 trillion if the Coronavirus lockdowns don't end by May. The economy will recover slowly and radically changed, many businesses have permanently closed and many jobs are lost forever.
Stock investors can expect continued turbulence and a slow recovery to the record high prices set in February. Many bond issues will fail absent direct intervention by the Federal Reserve and Treasury that would impose losses on taxpayers.
Stimulus spending will arrive too little and too late and too scatter shot. Federal dollars will often deliver the wrong incentives. Unemployment benefits are excessive for many workers and will encourage many low wage workers to avoid moving to new opportunities. Many self-employed will encounter huge income losses and receive little help. Whole sections of the economy will receive little aid while the airline industry will paper over its irresponsible behavior with taxpayer money.
The Stimulus Package was the product of the usual partisan gamesmanship with each side trying to obtain long-term goals instead joining hand to addressing the immediate crisis. The vanity of negotiators created a ensemble of Neros, and the economy and hopes and dreams of the American people will burn. Republicans and Democrats-and lobbyists representing all sides-hung ornaments that sparkle and glimmer to the selfish recesses of their souls, and now they can watch their Christmas tree of vanity, pride and greed go aflame.
Peter Morici is an economist and business professor at the University of Maryland, and a national columnist.
.....................................Yep! And most economists predicted that a Trump presidency would be a disaster for the economy........THEY WERE WRONG!........Most economists who hail themselves from major universities are quite liberal and therefore their opinions should be taken with a grain of salt.......And most liberal economists under-estimate the private sector and generally PREFER the demCRAP playbook of bigger and more controlling govt........ You're delusional. Most economists predicted no such thing. And Dr. Morici is decidedly consdrvative. ..............Delusional? Excuse me?.........Bullcrap! There are more economists of primarily liberal persuasion who did predict a bad economy under Trump.
28 Nosler,,,,300WSM,,,,338-378 Wby,,,,375 Ruger
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Joined: Jan 2018
Posts: 23,506
Campfire Ranger
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Campfire Ranger
Joined: Jan 2018
Posts: 23,506 |
Dr. Fauci has stated we should not relax social distancing until we have no new cases of Covid ... and no deaths from Covid.... let that sink in.... It'a almost as if they are trying to destroy the economy..... hmmmmm
But nothing to see... just move along... this is a pandemic after all, just like the the other pandemics.... well sorta Brother, I see your point, and others who are calling for opening up our economy by getting back to work. I haste a guess that this pandemic will provide no real course of future direction by economists and medical docs once COVID runs It’s victory lap and gets catalogued as another disease/virus needing a cure like SARS. I believe this virus will linger amongst us for quite a while, picking off both young and old over the next however many months. Learning anything from this pandemic will likely show drawing battle lines in the future during another outbreak is human nature between industry and healthcare. Who’s right? Both, one could argue. All I know is currently, I’d prefer to catch this disease a little later, after docs have figured out how to turn on my ventilator and introduce some meds that are proven to increase my chances of surviving. This coming from a guy who’s spent a small fortune on custom rifles and would very much like to enjoy using them before I’m taken off this rock. 😬😎 Beavers are immune to the "covid" your worries are unfounded.... ![wink wink](/ubbthreads/images/graemlins/default/wink.gif) In the past we have seemed to find a balance of economy/panic during pandemics and made it out the other side pretty much intact, except for the unfortunate victims. Life is dangerous.... Why is this time different ? that is the question... and for me the answer is obvious.... And my ornery streak refuses to let me join the hysteria and become an agent of panic and help those with the agenda.... I understand the "curve" and getting a vaccine, cure, treatment, etc... before our resources are overwhelmed and most Americans understand that also, for the most part the people have cooperated. When this turns out to be a nothing burger the blow back will be epic..... if too much irreparable damage isn't done and the people do not become the sheeple "they" are hoping for. I may be escorted to the re-education camp before it's all over..... ![frown frown](/ubbthreads/images/graemlins/default/frown.gif) Fear not....If you are sent to a camp. Flave, myself, Digital Dan and Gunner500 will rescue you. Hopefully before you’ve been abused in a bad way....Keep the faith brother....We are coming for you. 😬😎
Curiosity Killed the Cat & The Prairie Dog “Molon Labe”
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Joined: Dec 2006
Posts: 4,113
Campfire Tracker
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Campfire Tracker
Joined: Dec 2006
Posts: 4,113 |
larger and stronger economy. You mean the unhealthy and unstable wealth gap will shrink? Not until the lower income earners learn to not use credit, save money and invest. The priority it to drive nice cars, eat out and collect tattoos and cell phones. Well a priority is spent on growing wealth and understanding how money works while thinking long term, the wage gap wont close. Those who make money, make more money. Money that is invested grows exponentially too, like a coronavirus. Money spent on car payments and tattoos does not do that.
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Joined: Oct 2016
Posts: 4,354
Campfire Tracker
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Campfire Tracker
Joined: Oct 2016
Posts: 4,354 |
This may make me sound like a Pollyanna, but I predict that when this ends and restrictions are lifted, we'll not only roar right back, but rebound to an even larger and stronger economy. I predict you are wrong. But it would be nice.
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Joined: Aug 2009
Posts: 20,824
Campfire Ranger
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Campfire Ranger
Joined: Aug 2009
Posts: 20,824 |
Dr. Fauci has stated we should not relax social distancing until we have no new cases of Covid ... and no deaths from Covid.... let that sink in.... It'a almost as if they are trying to destroy the economy..... hmmmmm
But nothing to see... just move along... this is a pandemic after all, just like the the other pandemics.... well sorta Brother, I see your point, and others who are calling for opening up our economy by getting back to work. I haste a guess that this pandemic will provide no real course of future direction by economists and medical docs once COVID runs It’s victory lap and gets catalogued as another disease/virus needing a cure like SARS. I believe this virus will linger amongst us for quite a while, picking off both young and old over the next however many months. Learning anything from this pandemic will likely show drawing battle lines in the future during another outbreak is human nature between industry and healthcare. Who’s right? Both, one could argue. All I know is currently, I’d prefer to catch this disease a little later, after docs have figured out how to turn on my ventilator and introduce some meds that are proven to increase my chances of surviving. This coming from a guy who’s spent a small fortune on custom rifles and would very much like to enjoy using them before I’m taken off this rock. 😬😎 Beavers are immune to the "covid" your worries are unfounded.... ![wink wink](/ubbthreads/images/graemlins/default/wink.gif) In the past we have seemed to find a balance of economy/panic during pandemics and made it out the other side pretty much intact, except for the unfortunate victims. Life is dangerous.... Why is this time different ? that is the question... and for me the answer is obvious.... And my ornery streak refuses to let me join the hysteria and become an agent of panic and help those with the agenda.... I understand the "curve" and getting a vaccine, cure, treatment, etc... before our resources are overwhelmed and most Americans understand that also, for the most part the people have cooperated. When this turns out to be a nothing burger the blow back will be epic..... if too much irreparable damage isn't done and the people do not become the sheeple "they" are hoping for. I may be escorted to the re-education camp before it's all over..... ![frown frown](/ubbthreads/images/graemlins/default/frown.gif) Fear not....If you are sent to a camp. Flave, myself, Digital Dan and Gunner500 will rescue you. Hopefully before you’ve been abused in a bad way....Keep the faith brother....We are coming for you. 😬😎 Aawww that brings a tear to my eye...... thanks brothers... On the other hand a few here may help in my abduction.... ![frown frown](/ubbthreads/images/graemlins/default/frown.gif)
Originally Posted by Judman PS, if you think Trump is “good” you’re way stupider than I thought! Haha
Sorry, trump is a no tax payin pile of shiit.
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Joined: May 2010
Posts: 14,948
Campfire Outfitter
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Campfire Outfitter
Joined: May 2010
Posts: 14,948 |
MSM and the democrats prayed for a recession, they wouldn't have it any other way.
--- CAUGHT IN THE CROSSFIRE --- A Magic Time To Be An Illegal In America---
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Joined: Jan 2019
Posts: 2,653
Campfire Regular
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Campfire Regular
Joined: Jan 2019
Posts: 2,653 |
Honestly...i just hope we all survive. A good economy is no help to a dead man or to someone who has lost loved ones.
Just my opinion and im sitting here laid off...likely for the next two months
I dont care what I loose...as long as i have my family by my side
GOD Bless America
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