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Joined: Aug 2007
Posts: 115,424
Campfire Sage
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Campfire Sage
Joined: Aug 2007
Posts: 115,424 |
.......... I don't know anybody that wouldn't go to a NHL game tomorrow, if they were allowed to.
...and the majority of America said, "What's the NHL?"............... I wish. Tickets would be cheaper.
Trump being classless,tasteless and clueless as usual. Sorry, trump is a no tax payin pile of shiit. My young wife decided to play the field and had moved several dudes into my house
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Joined: Feb 2011
Posts: 26,389
Campfire Ranger
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Campfire Ranger
Joined: Feb 2011
Posts: 26,389 |
I don't know, people are pretty brainwashed and I think the stands would stay fairly empty for a good long while.
24/7 msm propaganda is a powerful tool.
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Joined: Dec 2004
Posts: 9,743
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2004
Posts: 9,743 |
The China Plague pause made several of the old Austin restaurants decide to hang it up. Most were on the verge anyway because of taxes and real estate prices I'm pretty sure the iconic Threadgill's Restaurant on N. Lamar will be replaced by 300-400 apartments. I know of one business that shutdown for good, it was a barber shop, he was older and just tossed in the towel and retired. I'm sure there are others but in any given month of any year, how many businesses go tits up anyway? We can't let the fear mongers spin typical claimant business data into CV-19 related scares just to keep those protesting these silly closures and limitations at bay.
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Joined: Jan 2017
Posts: 8,873
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2017
Posts: 8,873 |
Before the lockdown, the average American couldn't save $400 for an emergency. Now there are 33,000,000 kicked out of work. Mortgage payments will fail. Loans will not be repaid. Banks will fail unless the feds bail them out. If they do bail them out, the fed debt will just slow growth for a decade or more.
Do you personally know of anyone that has currently fallen behind with their mortgage payments? No but I know of some who have not paid their rent. If this is not a problem, why are the dems talking about laws preventing evictions of those who do not pay mortgages or rents? Such laws will just make the landlords go broke. That's because the demi's all ways think the man with the "money" should allways take it in the ass for those who don't have money. That simple
" Cheapest velocity in the world comes from a long barrel and I sure do like them. MB "
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Joined: Sep 2003
Posts: 23,406
Campfire Ranger
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Campfire Ranger
Joined: Sep 2003
Posts: 23,406 |
I had 3 calls yesterday from people wanting to book a trip THIS summer. It’s mid May and calls usually end early April.
Folks ain’t worried.
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Joined: May 2010
Posts: 14,941
Campfire Outfitter
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Campfire Outfitter
Joined: May 2010
Posts: 14,941 |
Commercial property owners can name their price in Austin.
--- CAUGHT IN THE CROSSFIRE --- A Magic Time To Be An Illegal In America---
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Joined: Nov 2007
Posts: 29,626
Campfire Ranger
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Campfire Ranger
Joined: Nov 2007
Posts: 29,626 |
I’m reading Barry’s question as “when are people going to FEEL what has been done?” And I think that it’ll be 3, 6, 9, even 18 months before some of the effects are detected.
Inflation from all the currency tossed into the economy will be a while to feel; maybe more than 18 months but it’ll hit HARD. Wages will stagnate as the workers left jobless by businesses closed during this thing seek employment; that’ll be seen pretty quickly. Commercial real estate will be way down which will effect banks ability to lend. Economic numbers will be way down due to this enforced vacation and the fact that something as huge as this economy won’t start up by govt edict like it shut down; supply chain issues will dog us for at least 6-9 months.
All of this together will be felt for at least a decade.
When you think about the math behind compound interest we’ll really never recover from this. We had the strongest economy we’ve had in decades and the Leftists in politics & media stopped it for the flu. Period. Damn them.
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Joined: Aug 2011
Posts: 8,728
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2011
Posts: 8,728 |
Gov't has no money. They git it thru taxes. When businesses do not reopen, ever, folks won't be working, therefore not paying taxes. How much of that can we stand without a srvere recession, or a depression?
This is far from over.
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Joined: Jan 2012
Posts: 26,477
Campfire Ranger
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Campfire Ranger
Joined: Jan 2012
Posts: 26,477 |
Before the lockdown, the average American couldn't save $400 for an emergency. Now there are 33,000,000 kicked out of work. Mortgage payments will fail. Loans will not be repaid. Banks will fail unless the feds bail them out. If they do bail them out, the fed debt will just slow growth for a decade or more.
Do you personally know of anyone that has currently fallen behind with their mortgage payments? Yes, actually I do. Multiple folk. Let's look down the road say 3 months when many of these 'benefits' start drying up and we're still sitting at or near 10% unemployment[due to many restaurants & other small businesses not reopening] and having a pulse doesn't get one a job. I hope & pray that I'm wrong but realistically ........
FJB & FJT
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Joined: Jan 2015
Posts: 7,846
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2015
Posts: 7,846 |
Gov't has no money. They git it thru taxes. When businesses do not reopen, ever, folks won't be working, therefore not paying taxes. How much of that can we stand without a srvere recession, or a depression?
This is far from over. We made it through the Obama years. A lot of companies went under, but the voids were quickly filled. If it wasn't for the Kung Flu shutdown, tax revenue would be through the roof right now.
"Government is not the solution to our problem, government is the problem." Ronald Reagan
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Joined: Dec 2009
Posts: 31,601
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2009
Posts: 31,601 |
The China Plague pause made several of the old Austin restaurants decide to hang it up. Most were on the verge anyway because of taxes and real estate prices I'm pretty sure the iconic Threadgill's Restaurant on N. Lamar will be replaced by 300-400 apartments. Yeah Mike. All the older restaurants are gone. And the apts you mentioned seem to be the norm. It was for the best, when we go into town to see heart doc you cannot get into a eatery for lunch unless you get there before 11. As for the crash. Who knows??? We will just have to see what the future holds for our "Brave New World".
Founder Ancient Order of the 1895 Winchester
"Come, shall we go and kill us venison? And yet it irks me the poor dappled fools, Being native burghers of this desert city, Should in their own confines with forked heads Have their round haunches gored."
WS
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Joined: May 2002
Posts: 15,593
Campfire Ranger
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Campfire Ranger
Joined: May 2002
Posts: 15,593 |
The China Plague pause made several of the old Austin restaurants decide to hang it up. Most were on the verge anyway because of taxes and real estate prices I'm pretty sure the iconic Threadgill's Restaurant on N. Lamar will be replaced by 300-400 apartments. Wife and I are friends with a couple who run a local pub. They haven't had their doors open for business now for 2 months. They can't get a day off due to people ordering catered lunches for the fire and police depts, the entire hospital staff, or occasionally the E.R. staff and the C19 test response team. Local industries are ordering lunch delivered for their entire work force. Regular customers and "anonymous" donors are buying gift cards from the pub and either throwing them away, or taping them to a railing on the river walk at a city park downtown. A couple of the waitresses at the pub are a bit pissed that they can't be laid off and draw unemployment. They'd make as much at home with the added unemployment benefit, and their kids are home from school. They stay busy at work though making and delivering catered meals. No real danger of any of the better eating places locally shutting down for good.
"Chances Will Be Taken"
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Joined: Feb 2010
Posts: 17,927
Campfire Ranger
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Campfire Ranger
Joined: Feb 2010
Posts: 17,927 |
Lots of weird schit. Low wage unemployed getting a CV19 bonus on weekly payments certainly seems to set the stage for a minimum living wage kinda thing.
I don’t see the math with a business being able to open at 50% capacity. That’s probably less than 50% revenue. Sure, it’s probably easily done with 50% of the labor. But all the other expenses stay the same.
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Joined: Sep 2011
Posts: 60,739
Campfire Kahuna
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Campfire Kahuna
Joined: Sep 2011
Posts: 60,739 |
I dearly hope, and pray the worst is over. Markets are bad for farmers.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Joined: May 2016
Posts: 60,300
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,300 |
Things will be tough for some folks for a while.....but we are gonna shake this off.
If we get a going pretty dang quick that is!
I am MAGA.
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Joined: Jan 2006
Posts: 4,702
Campfire Tracker
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Campfire Tracker
Joined: Jan 2006
Posts: 4,702 |
I don’t see the math with a business being able to open at 50% capacity. That’s probably less than 50% revenue. Sure, it’s probably easily done with 50% of the labor. But all the other expenses stay the same.
I don't either... A steak house owner I know said she isn't going to reopen until they can operate at full capacity. It would cost her staff money to open back up at 50%. Is it just me or does it seem like they are hitting the restaurants crazy hard with the restrictions? Across the border in WA they are asking that restaurants take names, phone, and email info from patrons. Holy chit!
Last edited by Lonny; 05/14/20.
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Joined: Jan 2012
Posts: 26,477
Campfire Ranger
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Campfire Ranger
Joined: Jan 2012
Posts: 26,477 |
I don’t see the math with a business being able to open at 50% capacity. That’s probably less than 50% revenue. Sure, it’s probably easily done with 50% of the labor. But all the other expenses stay the same.
I don't either... A steak house owner I know said she isn't going to reopen until they can operate at full capacity. It would cost her staff money to open back up at 50%. Is it just me or does it seem like they are hitting the restaurants crazy hard with the restrictions? Across the border in WA they are asking that restaurants take names, phone, and email info from patrons. Holy chit!Would never eat out again if that happened here.
FJB & FJT
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Joined: Sep 2011
Posts: 60,739
Campfire Kahuna
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Campfire Kahuna
Joined: Sep 2011
Posts: 60,739 |
Something is out of kilter when the better cuts of meat are just a bit higher than ground beef. It is the lack of sales to the better dinning places.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Joined: Dec 2010
Posts: 19,233
Campfire Ranger
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Campfire Ranger
Joined: Dec 2010
Posts: 19,233 |
Before the lockdown, the average American couldn't save $400 for an emergency. Now there are 33,000,000 kicked out of work. Mortgage payments will fail. Loans will not be repaid. Banks will fail unless the feds bail them out. If they do bail them out, the fed debt will just slow growth for a decade or more.
Do you personally know of anyone that has currently fallen behind with their mortgage payments? Most of those people are now making more on unemployment than when they were working. If there's one thing I've learned on this site in the 10 years I've been here it's that the predictions of the crazy old geezers on here are very seldom right. This will be no different.
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Joined: Feb 2007
Posts: 11,756
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2007
Posts: 11,756 |
Gov't has no money. They git it thru taxes. When businesses do not reopen, ever, folks won't be working, therefore not paying taxes. How much of that can we stand without a srvere recession, or a depression?
This is far from over. Exactly. The govt has no money, except for what they take from successful people.
NRA Patron
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