Jobs and Economic Impact

[gotbeer]

Weekly jobless claims rise by more than 1 million for 17th straight week

 

[Lhalo]

9 minutes ago, gotbeer said:

Weekly jobless claims rise by more than 1 million for 17th straight week

Hey man don't worry about that. These shut downs are for "the greater good."

[tdawg87]

10 minutes ago, Lhalo said:

Hey man don't worry about that. These shut downs are for "the greater good."

[gotbeer]

5 minutes ago, calscuf said:

I watched that for probably 5 minutes to see if the record was going to break.

and it would have been the highlight of his quarantine day.

[Lhalo]

Homebuilder sentiment jumps back to pre-coronavirus pandemic high

New home demand is improving in lower density markets, including small metro areas, rural markets and large metro exurbs, as people seek out larger homes and anticipate more flexibility for telework in the years ahead. Flight to the suburbs is real.”

https://www.cnbc.com/2020/07/16/homebuilder-sentiment-jumps-back-to-pre-coronavirus-pandemic-high.html

[fan_since79]

EDD is a total disaster. Over a million unemployed still haven't received any benefits.

Their website is basically obsolete and the phone center hopeless.

https://www.mercurynews.com/coronavirus-unemployment-1-million-california-workers-edd-payment-trap

[gotbeer]

Manhattan apartment sales tumble 46%, leaving 10,000 unsold units

[gotbeer]

Freeze first, verify second: Unemployed Californians get a fright from EDD

[gotbeer]

This is just a frightening view of the armageddon that is about to happen.  Worse part is how entitled people feel that the debt they incurred in school shouldn't exist.

Less than 11% of people with federal student debt are repaying their loans during Covid

[gotbeer]

Property Tax bill came today.  I wonder if I'm able to write, please forgive this debt, due to shutdowns can't pay and don't want to be homeless.

[Blarg]

Tell them you've declared your property as a government free zone. 

[Tank]

just mail the bill back unpaid and write "but AOC promised!"

[Lhalo]

Goodbye Ruby Tuesday...

https://nypost.com/2020/10/07/ruby-tuesday-files-for-bankruptcy/

 

Edited October 9, 2020 by Lhalo

[Lhalo]

I suspect suicide rates in the gay community will sky rocket. 

https://deadline.com/2020/10/broadway-shutdown-may-extension-pandemic-covid19-shutdown-1234594452/

[Lhalo]

Hope you’re not affected @Blarg.

https://in.reuters.com/article/at-t-warnermedia-restructuring-idUSKBN26U087

[Blarg]

Doesn't affect me but because of the reduction of office space needed due to Covid lock outs a good friend that was with Warners for over 25 years lost her job. She was part of the real estate and business property management. 

[gotbeer]

Larchmont’s 24-Year-Old Village Pizzeria Faces ‘Permanent Closure’ Without New Lease

One of the places I go to.  It'll be too bad too.  And I can see it both ways.  The store owner doesn't want to pay because business has been closed.  The property owner wants to get paid because it's a lease.  

But the most troubling part of the article was that more than a dozen businesses have folded on that street since the Rona started.  Pre Rona, it was a boon on that street, and there weren't any empty storefronts.  Once a store closed, another took it's place real quick.  

 

[Adam]

On 10/9/2020 at 11:09 AM, Blarg said:

Doesn't affect me but because of the reduction of office space needed due to Covid lock outs a good friend that was with Warners for over 25 years lost her job. She was part of the real estate and business property management. 

Did you tell her to just wait 2 weeks until we flatten the curve?

[Blarg]

5 minutes ago, Adam said:

Did you tell her to just wait 2 weeks until we flatten the curve?

I am not a cruel lying democrat. 

[Blarg]

3 hours ago, gotbeer said:

Larchmont’s 24-Year-Old Village Pizzeria Faces ‘Permanent Closure’ Without New Lease

One of the places I go to.  It'll be too bad too.  And I can see it both ways.  The store owner doesn't want to pay because business has been closed.  The property owner wants to get paid because it's a lease.  

But the most troubling part of the article was that more than a dozen businesses have folded on that street since the Rona started.  Pre Rona, it was a boon on that street, and there weren't any empty storefronts.  Once a store closed, another took it's place real quick.  

 

Larchmont used to be our coffee, juice, Thai or pizza run during lunch breaks or downtime when I worked off of Melrose six blocks away. I can see how that area could go to hell because if they shut down the street for al fresco dining there is not much parking on any of the side streets that isn't already taken.

This is the chain reaction of lying about flattening the curve being the benchmark then ever changing the rules that makes it impossible to run many businesses. Newsom lied about how the state was going to respond to move the herd in a direction it can't refuse now to not continue since they manipulate the data for their own means. 

[gotbeer]

The $68 trillion transfer of wealth in America is evaporating amid crisis

[gotbeer]

Scores Of Private Charitable Foundations Got Paycheck Protection Program Money

[gotbeer]

Can you say the mob is really working overtime?  I just can't see how the strip is so profitable, when no one is going.  Granted it just might be more degens going like me, and the annoying families are staying home.  

Las Vegas Strip pulls state to high profits despite early days of pandemic

 

[Lhalo]

Lol we’re swirling down the toilet. 

Mitt Romney unveils plan to provide $3,000 per child, giving bipartisan support to President Biden’s effort

The 2012 GOP presidential nominee is proposing the United States give as much as $4,200 for children up to 6

https://www.washingtonpost.com/us-policy/2021/02/04/romney-child-benefit-stimulus/

[Taylor]

What about future children?