dagblog - Comments for "As Service Economy Melts Down, Low-Wage Workers Stand to Lose the Most"

Krugman: "Gross Domestic

artappraiser — Tue, 08 Sep 2020 04:15:30 +0000

In reply to As Service Economy Melts Down, Low-Wage Workers Stand to Lose the Most

Krugman: "Gross Domestic Misery Is Rising"

"A million jobs gained is better than a million jobs lost," writes @paulkrugman. "But there is often a disconnect between the headline numbers and the reality of American life, and that is especially true right now." https://t.co/IFMi0vUz7w
— New York Times Opinion (@nytopinion) September 7, 2020

but these were not "low wage"

artappraiser — Mon, 07 Sep 2020 01:03:20 +0000

In reply to As Service Economy Melts Down, Low-Wage Workers Stand to Lose the Most

but these were not "low wage" workers, I imagine:

ILLINOIS’ MORTGAGE DELINQUENCY RATE HIGHEST IN MIDWEST AMID LARGEST SPIKE IN STATE’S HISTORY

@ IllinoisPolicy.org, Sept. 3

Illinois’ housing market was one of the weakest in the nation prior to 2020. So as the state economy was brought to a sudden standstill and nearly 1.5 million Illinoisans found themselves out of a job during the COVID-19 pandemic, the number of families struggling to make their mortgage payments surged and mortgage delinquencies experienced the largest increase in recorded history.

Survey data released by the Mortgage Bankers Association shows the number of Illinois delinquent mortgages increased by 79% in the second quarter of 2020 compared to Q2 2019. The increase suggests 54,940 more Illinois homeowners fell behind on their mortgage payments, bringing the total number of delinquent mortgages to approximately 124,279. Illinois Policy Institute research correctly predicted this would happen [....]

and that's not going to stop

artappraiser — Sun, 06 Sep 2020 20:40:34 +0000

In reply to In most places having a car

and that's not going to stop now for a very long time, the dream of some environmentalists of packing nearly everyone in dense urban areas so as to save the planet has been deflated by a virus. People will continue to want to live spread out and have the agency of having individual vehicles. It's actually looking like the dense urban environments are going to be the poorest of the poor who have no choice. A vaccine only temporarily solves the issue as another virus will come along that loves dense urban victims.

Forget cancer, a war on microbes should come first. They haven't even solved the bacteria thing much less the virus thing. Dense hospitals breed antibiotic-resistant viruses all the time with very strict hygiene. They find a antibio that zaps that one and it gets resistant pronto.

It's like the story of Heidi (and all those late 19th/early 20th-century tuberculars) still holds. Get those sickly people out of the dense urban environments into the "fresh air". Though the air may not necessarily be that "fresh", it's not full of other people's microbes.

In most places having a car

PeraclesPlease — Sun, 06 Sep 2020 10:52:00 +0000

In reply to OMG this is so heartrending.

In most places (US) having a car is more required than having food - if you don't have a car, you've given up, can't shop, can't hold a job, can't go anywhere short of a half day walkabout. Only in metro areas do you have *some* (usually crappy) option of mass transit.

OMG this is so heartrending.

artappraiser — Sun, 06 Sep 2020 04:54:46 +0000

In reply to As Service Economy Melts Down, Low-Wage Workers Stand to Lose the Most

OMG this is so heartrending. https://t.co/8XFXn1L4CJ
— Internet Rubberneck (@mombalabamba) September 6, 2020

Retweeted by Andrew Yang:

artappraiser — Sun, 06 Sep 2020 01:04:46 +0000

In reply to As Service Economy Melts Down, Low-Wage Workers Stand to Lose the Most

Retweeted by Andrew Yang:

People need money. Full stop. This shit started in March, it's now Sept and we got one stimulus payment and a temporary unemployment boost that already expired. Americans are hurting and Congress seems incapable of helping us get through this crisis in one piece. We all need UBI. pic.twitter.com/pYchCxoGMt
— Scott Santens (@scottsantens) September 5, 2020

I think:TRUE! Otherwise, this winter may out-nightmare anything we have experienced to date once covid hit.

It was never a choice between

artappraiser — Sat, 05 Sep 2020 08:01:56 +0000

In reply to As Service Economy Melts Down, Low-Wage Workers Stand to Lose the Most

It was never a choice between saving lives and saving the economy.

Here's yet more evidence: https://t.co/ueVKOzeRYD
— Noah Smith (@Noahpinion) September 5, 2020