twa Posted March 26, 2020 Share Posted March 26, 2020 I'd probably die of a heart attack if the government returned what I've paid them. 2 Link to comment Share on other sites More sharing options...
Corcaigh Posted March 26, 2020 Share Posted March 26, 2020 34 minutes ago, twa said: I'd probably die of a heart attack if the government returned what I've paid them. No one is talking about them returning 2019 tax payments though? Link to comment Share on other sites More sharing options...
Cooked Crack Posted March 26, 2020 Share Posted March 26, 2020 1 Link to comment Share on other sites More sharing options...
TheDoyler23 Posted March 26, 2020 Share Posted March 26, 2020 The jobless claims are probably even worse as many state's systems are overrun by applicants. Link to comment Share on other sites More sharing options...
PleaseBlitz Posted March 26, 2020 Author Share Posted March 26, 2020 https://www.dol.gov/sites/dolgov/files/OPA/newsreleases/ui-claims/20200510.pdf Just read it. Link to comment Share on other sites More sharing options...
Cooked Crack Posted March 26, 2020 Share Posted March 26, 2020 1 Link to comment Share on other sites More sharing options...
Springfield Posted March 27, 2020 Share Posted March 27, 2020 ****. (That’s the f word) 1 2 Link to comment Share on other sites More sharing options...
Corcaigh Posted March 27, 2020 Share Posted March 27, 2020 If that chart wasn’t enough bad news, high frequency traders are making a killing on the volatility. “a quarter for the record books” https://www.wsj.com/amp/articles/high-frequency-traders-feast-on-volatile-market-11585310401 Now there’s an obvious source of tax revenue to recover. 3 Link to comment Share on other sites More sharing options...
Renegade7 Posted March 28, 2020 Share Posted March 28, 2020 11 Link to comment Share on other sites More sharing options...
LD0506 Posted March 28, 2020 Share Posted March 28, 2020 5 Link to comment Share on other sites More sharing options...
FanboyOf91 Posted March 29, 2020 Share Posted March 29, 2020 How many retirements are going to be postponed? Link to comment Share on other sites More sharing options...
Larry Posted March 29, 2020 Share Posted March 29, 2020 39 minutes ago, FanboyOf91 said: How many retirements are going to be postponed? Hopefully not any Republicans. 2 Link to comment Share on other sites More sharing options...
FanboyOf91 Posted March 29, 2020 Share Posted March 29, 2020 1 Link to comment Share on other sites More sharing options...
The Sisko Posted March 30, 2020 Share Posted March 30, 2020 (edited) On 3/24/2020 at 11:53 AM, Larry said: Yeah. Seems like the only (previously unrecognized third-world) country where they aren't even discussing that option is the richest one. And the one which, a few weeks ago, was being loudly told that deficits, no matter how large, are completely meaningless, as long as they help the economy by some amount, no matter how small. FTFY On 3/25/2020 at 8:46 AM, CousinsCowgirl84 said: we have no evidence that deficit spending hurts anything.... personally I think the wage guarantees sound reasonable. Except when Democrats are in office. Yeah, Dick Cheney beat you to that one. On 3/25/2020 at 3:01 PM, CousinsCowgirl84 said: no. Because keeping people employed results in multiple $1200 checks. So, how do you think it would affect your business if your employees started showing up smelling like homeless people because they couldn’t pay their mortgage/bills? And how many of those stinky employees will you be able to even keep on the payroll when they and people like them aren’t able to buy whatever goods/services you’re selling? Even more critically, how long do you think it’ll take the bank to call your loans and/or pull your line of credit because they need the cash they’re not getting from bad loans? The only case you’ve made is what I’ve said all along. The $1K that RMoney proposed that increased to $1200 isn’t enough to make much of a difference. If my wife and I both loose our jobs, we’ll default on everything and move to her family’s land. Other folks will be homeless. The common denominator is that none of us will be able to afford to buy 💩. That means you and the rest of the “job creators” will join us in penury before it’s all over. The good news is that the super “job creators”, i.e. the 1% who are too precious to pay taxes or living wages will be OK though. Edited March 30, 2020 by The Sisko 1 1 Link to comment Share on other sites More sharing options...
LD0506 Posted March 30, 2020 Share Posted March 30, 2020 Quote CHARLES KOCH NETWORK PUSHED $1 BILLION CUT TO CDC, NOW ATTACKS SHELTER-IN-PLACE POLICIES FOR HARMING BUSINESS https://theintercept.com/2020/03/26/americans-for-prosperity-cdc-coronavirus/?fbclid=IwAR1K-lbhiLAgO_au1JSVuKs9s7OPLem-RJYsQrFYd34D0Ay7nMxBjbjjaNY 1 Link to comment Share on other sites More sharing options...
Renegade7 Posted March 30, 2020 Share Posted March 30, 2020 2 14 1 Link to comment Share on other sites More sharing options...
sportjunkie07 Posted March 30, 2020 Share Posted March 30, 2020 These lock downs are a mistake. I'm getting a familiar feeling of 2008 ish when Bush bailed out big business. It's not correct and most seem to think it's ok. 1 3 Link to comment Share on other sites More sharing options...
DCSaints_fan Posted March 31, 2020 Share Posted March 31, 2020 Got converted to non-exempt and taking a 30% paycut starting April 1st... nothing I can't handle but may have to move if I can't negotiate lower rent when my lease is up in June ... not sure I'm eligible for unemployment. Link to comment Share on other sites More sharing options...
Fergasun Posted April 1, 2020 Share Posted April 1, 2020 Some discussion got moved over here from the COVID19 thread. Its easy to ignore the social net when you don't need the social net. As we go into April and May, I am going to be curious how many people who haven't relied on the social net find it... as well as how many people find minimim wage to be too. Link to comment Share on other sites More sharing options...
HOF44 Posted April 1, 2020 Share Posted April 1, 2020 On 3/28/2020 at 8:20 PM, FanboyOf91 said: How many retirements are going to be postponed? Hopefully not mine. I have 10 years to go still. Link to comment Share on other sites More sharing options...
Renegade7 Posted April 2, 2020 Share Posted April 2, 2020 1 1 Link to comment Share on other sites More sharing options...
TradeTheBeal! Posted April 2, 2020 Share Posted April 2, 2020 Lifecycle of a Mazda dealership: 07: Dealers close, acquire point and move it in to existing Lincoln-Mercury store. 08: Sell L-M back to Ford, acquire Jeep/Chrysler/Dodge. Mazda hanging. Nov 09: Move the Mazda point over into the old Jeep store. Huge facility. Giant nut. 09-11: Slowly build the biz. Month by month. Skeleton crew. 70 hour weeks. Obamacare. Tread water. 12-17: Get paid. Step back. Enjoy prosperity. 18-19: Economy is good but we’re losing money. Should we cut staff? Excessive Maga? 20: COVID. MAGA. THE END. Our margins are thin in the best of times. Took a $100K loss in March. Gonna take a $200K loss at best in April. The banks and the SBA are on board. We can survive until July...theoretically. But we won’t. The economy will end up functioning like an ICU triage. Survivors will be picked. Catch my resume in 2021, I guess. 6 Link to comment Share on other sites More sharing options...
No Excuses Posted April 2, 2020 Share Posted April 2, 2020 Brutal, just brutal. 1 Link to comment Share on other sites More sharing options...
CousinsCowgirl84 Posted April 2, 2020 Share Posted April 2, 2020 that’s what happens when you shut everything down.... Link to comment Share on other sites More sharing options...
Captain Wiggles Posted April 2, 2020 Share Posted April 2, 2020 Just now, CousinsCowgirl84 said: that’s what happens when you shut everything down.... Define everything because there are still a lot of businesses open? 1 Link to comment Share on other sites More sharing options...
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