Raging virus triggers new shutdown orders and economy braces for fresh wave of pain

By artappraiser on Sun, 11/15/2020 - 2:13pm |

When the banks were failing, it was an emergency every single day a Bill didn’t pass. People are dying by the tens of thousands, millions are unemployed with lapsed benefits, small businesses are going under daily, schools are closed, and we’re on 6 months without a deal. https://t.co/OhpKnICiyA
— Benjy Sarlin (@BenjySarlin) November 15, 2020

URL:

https://www.washingtonpost.com/business/2020/11/14/coronavirus-shutdown-orders-economy/

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WSJ Editorial by Dr. Scott Gottlieb and Mark McClellan

States should impose tailored Covid restrictions now—or risk expensive lockdowns later, write @ScottGottliebMD and Mark McClellan https://t.co/MNTpPbQPh6
— WSJ Editorial Page (@WSJopinion) November 16, 2020

by artappraiser on Sun, 11/15/2020 - 10:39pm

the ramifications are just so huge, sometimes I think it's like a miracle how well people have coped so far, somehow figured out how to get by. But it's going to get worse now for like another six months at least

Unfortunately, we feel like we have no choice but to sign the damn paper — because where else are we going to go?” said one of the 13 @FIT workers facing layoffs. https://t.co/A6Zex72HvM
— THE CITY (@THECITYNY) November 16, 2020

by artappraiser on Mon, 11/16/2020 - 5:42pm

Sharp eyes catch the new "hopey changey":

Build. Back. Better.

I know it’s odd, but when I hear a bunch of powerful people spread out all over the world suddenly use the same totally improbable lame invariant phrase, my hand involuntarily clamps down over my wallet. Almost like they need to chant before taking my stuff. https://t.co/Wjlx5UFRb2
— Eric Weinstein (@EricRWeinstein) November 17, 2020

by artappraiser on Tue, 11/17/2020 - 4:50am

It's only money. I hold onto my kidneys.

by PeraclesPlease on Tue, 11/17/2020 - 5:07am

I guess this is the time to once again link to the American Society of Civil Engineers report on the state of America's infrastructure. We definitively need to build back as the infrastructure is falling apart. We could conceivably build back better or choose the least expensive solution. Strategically placed out houses would be cheaper than rebuilding the failing sewage pipes and treatment plants. I imagine Jeffrey would be pleased to have one placed in front of where ever he lives. Think of the money saved.

by ocean-kat on Wed, 11/18/2020 - 1:06pm

Count up all the Americans on emergency jobless benefits, on mortgage forbearance and on the CDC no-eviction list, and it's nearly 30 million hanging on by a thread after Jan 1st. And we have strategists cheering over fiscal gridlock. Go figure.
— David Rosenberg (@EconguyRosie) November 18, 2020

by artappraiser on Wed, 11/18/2020 - 12:44pm

Hillary:

People are suffering. The real economy needs help. https://t.co/nw7fVSq0wh
— Hillary Clinton (@HillaryClinton) November 18, 2020

by artappraiser on Wed, 11/18/2020 - 1:19pm

I might expect to see president Biden do that too. But then I expect a republican senate to strip it down to almost nothing or block it entirely.

by ocean-kat on Wed, 11/18/2020 - 1:42pm

MTA chairman Patrick Foye calls on 'Amtrak Joe' Biden to stave off massive layoffs

In addition to layoffs, service cuts of up to 50 percent are on tap if funding is not found for next year's MTA budget. MTA chief says 'people of color' would be hardest hit.

By Thomas C. Zambito @ Rockland/Westchester Journal News, Nov. 18

Nearly 9,400 of the Metropolitan Transportation Authority’s subway, bus and commuter rail workers could lose their jobs next year if the federal government fails to come through with the $12 billion the agency says it needs to keep operating.

Among those facing layoffs are 933 Metro-North Railroad and Long Island Rail Road workers [....]

by artappraiser on Wed, 11/18/2020 - 1:27pm

It really would be like this, already is somewhat (tho I admit I never cottoned much to this "way of life", many people did and still do)

‘An end to the New York way of life’: MTA proposes catastrophic service cuts amid COVID-19 budget crunch https://t.co/JpA0IBq5kK
— deray (@deray) November 18, 2020

by artappraiser on Wed, 11/18/2020 - 3:15pm

JPMorgan's Jamie Dimon says U.S. lawmakers are failing the country in their inability to reach a compromise on fiscal stimulus https://t.co/Tn7YtVeIik
— Bloomberg Markets (@markets) November 18, 2020

by artappraiser on Thu, 11/19/2020 - 12:13am

https://t.co/NBMB0tOsuM
— Andrew Yang (@AndrewYang) November 18, 2020

also

If we ask you to stay home we should also send you money so you can can do so.
— Andrew Yang (@AndrewYang) November 19, 2020

by artappraiser on Thu, 11/19/2020 - 2:22am

Raging virus triggers new shutdown orders and economy braces for fresh wave of pain

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