The coming carnage of the base economy of the United States is not imaginable. Today’s common estimate of about forty percent never reopening after the early 2020 shut down will be the opening gambit. Huge swaths of big business retail have already declared bankruptcy and shut down. Retail names are owned by hedge funds which own shopping malls. Shopping mall owners bidding for other retail names as they become available scrambles the future for brick and mortar destinations.
There are so many small businesses which are either closed or on the death bed. Small business is a rough game to play in a good economy, it is not worth putting money into when the word depression is tossed about as often as recession.
Think of the local food store or truck or convenience store next to an office building. Security guards may have showed up for coffee or something at the start of the shutdown. But no more as the office building is still closed and plans are to sell it. All the souvenir stores around the baseball stadium have no business. No more are there services that support office workers. How many taxis have sold their tags, if they could have sold them. I see cars with every gig driver company there are in the windows.
What will we see in the future? Even if a vaccine becomes available and the world vaccinated by 2022, what will remain? Consider that the U.S. and Western Europe economies were already moving towards and even away from being service economies.
Finland has been experimenting with a population which is paid a wage and were not expected to work, they were being paid to be consumers by the government. It is better paying than welfare, and they were not putting pressure on other jobs. What will be next? Perhaps twenty hour weeks with pay for forty, there by sharing one full time job with two people?
Republicans go into screaming fits when anyone mentions helping people eat by using SNAP (food stamps). They lose it all into their diapers when you bring up Finland. But, at some point we have to consider what to do when we have machines that are hyper-productive that do not need humans to oil the joints.
shades of access hollywood tape wapo reported on oct 7 2016. will this have the same ho-hum reception by his base and impact eventually as that infamous vid did in 2016 election?
the guardian:
companion article to above also in today’s in the guardian
Of course he did.
Those 26 women aren’t his type.
she bit his tongue? hmmm, so maybe that explains why he now speaks with forked tongue
on that note, here’s same observation from midland daily news back in 2016:
The stock market is flying upward as CEO’s have figured out they don’t need to rehire the majority of the people laid off in order to function. Of course, if this means the consumer market can no longer support them, eventually there will be a crash.
There is always something that needs doing. The problem is that most of them are not profitable. Paying people to do these things that need doing makes sense to keep the consumer function alive. People do not react well to doing nothing for money so that means a structure that pays them at the very least a minimum wage, but probably more.
Some modern version of a combination of the WPA and the GI Bill of Rights is probably in order. Quite simply, go to work or school on the public dime. Establish day care centers, plant trees, entertain at schools, care for the elderly, help renew infrastructure … the list of needed tasks is long, long and longer.
As too those hard sites now empty of stores, most are much more modern with better facilities than many schools. It would make sense to turn them into classrooms and entertainment spaces.
That’s what Andrew Yang was talking about during the primaries. A basic income. Actually, he’s still talking about it. The world has more wealth than it’s ever had, but it’s not distributed in a way that makes any sense.
Sure, there are the Buffets, Gates, and, Bloombergs who put their big bucks to good use. However, there are also many who have three houses and a dozen cars, who have never even left a decent tip at a restaurant.
A zoom call/webinar/whatever you want to call it that I attended said 20% of retail was expected to fold. That’s just retail. Some of that is because Amazon has been slowly eroding their businesses and now there’s been a mudslide.
Fewer jobs means fewer consumers. That will, in turn, hurt manufacturing. My company has closed one manufacturing plant permanently; looking at more cuts.
The businesses doing well, aside from Amazon (Bezos won’t stop until we are all running Amazon distribution hubs out of out basements), are grocery stores, wholesale clubs, and, big box stores.
So, tRUMP’s plague has now claimed 200,000 lives. It will be a quarter of a million by Election Day.
Vote him out and lock him up.
Redfield doesn’t get it. Asshat lives only for the announcement of a vaccine, which stands a good chance of being hastily rushed before the conclusion of Phase 3 trials but given emergency use authorization by FDA. Feel like you may have heard this before?
jamie, especially a WPA for artists like fdr set up. a lot of good stuff came forth from it.
Artists, Performers and writers did very well under the WPA with a side benefit that the nation’s children were exposed to material they never would have seen in their normal schooling otherwise.
This time, maybe they could include artists who are POC.
What happened to all of that infrastructure tRUMPsky was going to repair? No jobs, no improved roads, no safer bridges…just money for him and his cronies.
Vote him out and lock him up.
He wanted Norwegians to come here, well, why would they when we don’t have universal healthcare, education, etc.? Let’s be a Scandinavian country.
Barr should be disBarred.
They’re going full on people-must-die mode.
Herd shit at the top……fixing to trickle on down……die, peasants.
Once with an eternal “again” a tribe of pure fools, saps, lackeys, stooges, sycophants, and ogres will fuck up the whole town.
yeah sure, having to use McDonalds drive-thru is just like slavery
hurricane trump…
Calling slavery an “intrusion on civil liberties” is one hell of a euphemism, eh?
i see wut barr did there😉
Dying of coronavirus seems like a rather considerable infringement on civil liberties, no?
Aren’t you glad someone the size of a house is influencing public health policy?
Trumpity said who votes doesn’t matter. It’s who counts the votes.
-Behind the scenes at trumpco:
”What’s your area of expertise?”
-“Law”
”Great, you’re in charge of distribution… and you, there! What’s your area of expertise?”
-“Distribution.”
“Great, you’re in charge of Public Health. You, over there! What’s your area of expertise?”
-“Public Health.”
”You’re fired.”
I thought the draft was a sizeable intrusion into civil rights. The Trail of Tears was a pretty biggish intrusion into civil rights. The Plessy v Ferguson decision was an awfully bulky intrusion into civil rights.
No shoes, no shirt, no service just doesn’t compare.
Had a great conversation with my doc about science-denying asshats. There’s a new door in the clinic to keep out the unmasked. Someone actually got arrested for refusing to wear a mask & then spitting in another patient’s face…so now there’s a door.
for those who wanted to hear her in her own words
Trump’s businesses charged Secret Service more than $1.1 million, including for rooms in club shuttered for pandemic
https://t.co/uK7rlAds2F
$1.1 million charges is only the tip of the trumpity crime family’s evil doings.
craig, what about FEC reporting with regard to those kind of expenses for secret service (and use of other gov’t emps) during purely campaign trips?
When barr goes campaigning/fund-raising for trump, he should pay for everything. Having the government pay is illegal, and having the campaign pay is accepting a gift.
The Biden Admin should bill back all of those gov employees who used gov funds to campaign for trump, besides charging them with embezzlement.
Bully Barr his high school nickname
Tonight’s Biden town hall 8pm on CNN is in a parking lot with questioners in their cars. Wild
“ questioners in their cars. Wild”
-smart
i’d rather have Russians on Venus than in the White House
Craig, Biden gets creative. Necessity is the mother of invention.
The life on Venus is more civilized than the life in Moscva.
*Moskvat
(By the way, if you read that article, Russia isn’t actually “claiming” Venus.)
Good news, no chemo, just quarterly blood tests and annual CT scans. We are in monitoring mode.
as to my other problem, they found a bacteria in my stool sample that was causing the loose stool. Im on antibiotics, I haven’t filled my diaper in 2 days. fingers crossed.
Although I will say back on my worst days I just accepted that I wasn’t going to make it to the bathroom before I filled my diaper and walked instead of run, dropping the diaper and cleaning myself off.
I think such fatalism maybe good training in case Biden doesn’t pull this off and we get 4 more years of Trump
https://www.aspenideas.org/articles/when-the-1st-and-2nd-amendments-collide?fbrefresh=1600367306
Will the armed, right-wing nut jobs stand down?
Москва (I took two years of Russian in college. What is the purpose of the added “T”? Я не понимаю.)
China wants the moon, Russia has interest in Venus, and, we are focused on Mars. Is this an inter-planetary version of “good fences, make good neighbors”? (And before you go there, I know the moon is not a planet.)
https://www.youtube.com/watch?v=MGgajx1pGPU
BiD
The moon is not a planet.
The Moon Is A Harsh Mistress
LOL
Bob
My great niece is helping me. For the most part I can do for myself but I need someone just in case. My other choice would have been a rehab facility so I’m grateful. She is an easy housemate, I gave her access to my Scifi book collection so for the duration, unless she doing something I ask, she is on the couch or up in her room reading . No loud music or TV
Jack
Well, at least you know i’m not a Russian agent.
Or is that exactly what a Russian agent would say??
$10000 per pound to launch something into orbit.
Do we really deserve another planet considering we already trashed the nicest one on the block?
The moon and sixpence will get you a spoonful of sugar for your coffee.
jack, great news about no chemo.
be sure to stock up on plenty of your favorite yogurt to indulge in after the anti-biotics regimen is over. you’ll need those good bacteria beasties to get things back to normal.
Conversely, 900F is the perfect temperature to cook pizza.
SFB voters are the clearest sign of a failed education system
Billious Barr reminds me of Pizza Hut from Space Balls
The McCains still carry weight in AZ; they have had it with tRUMPsky…and McSally is big no, too.
https://www.cnn.com/2020/09/17/politics/former-pence-aide-coronvirus-task-force-slams-trump/index.html
Here we go. C’mon now, swamp tRUMP with the truth and send him to the bottom of the lake. Could’ve spoken up sooner, though.
And, yep, we knew he was a germaphobe before. I can just hear him saying COVID served a purpose for him. Not having to shake hands with his “disgusting” followers.
https://www.cnn.com/2020/09/17/politics/michael-steele-trump-supporters/index.html
tRUMP supporters: I’m with stupid.
First time I can recall appreciating Steele.
Bink – one of the things that can never turn out correctly is to ask a woman, or man, if she is a spy. If she is a spy and says she is not a spy you will not know if she is or not. If she states she is a spy, you cannot know if that is true either. And if she is not a spy and says she is, that makes her a target of both sides because they want to know what agency she works for, even though she is not a spy.
Now Trump is calling for a “Patriotic Education”. We know where that leads
https://www.cnn.com/2020/09/16/politics/federal-officials-heat-ray-ammunition-lafayette-square-protests/index.html
The tRUMP administration is un-American.
Even Trump thinks his supporters are deplorable.
Olivia Troye, Pence’s former lead staffer on COVID task force (resigned two months ago), reports Trump’s biggest concern about COVID was re-election and he said it’s good COVID happened because he won’t “have to shake hands with these disgusting people.” https://t.co/ALtT7xgaNW
He left out that Trump is their leader.
FBI Dir. Wray confirms that white supremacists make up the largest share of racially motivated terrorists in the United States https://t.co/tLXEnHAggF
Poobah, does Biden have a jumbotron set up for the town hall? If so, he’s doing what Mrs.P said he needs to do.
It’s hard enough to get to one of the uninhabitable planets in our immediate neighborhood, let alone providing habitable dwellings etc. to overcome the inhospitable (to us) conditions that our fragile bodies don’t allow us to survive without layers of insulation from the cold, hot and atmospheric chemicals that we can’t tolerate and live. (OK, Matt Damon grew potatoes in his shit until the agro pod blew a gasket, but that’s fiction anyway). Speculating about life on other planets is fun enough, but to the extent it suggests we might want to go there to get away from the mess we’ve created is pretty much useless noodling. Maybe we could just work on reducing CO2, cleaning the place up and distribute food better from where it’s grown to people where it’s not. Prolly be a lot easier.
OM, think this one will get a cool nickname, too? Maybe the Blacker Plague?
With whom would you rather have a beer/coffee? If you pick tRUMPsky, you should have a taster to check for poison. Also, you should have your head/heart examined.
Now, SFB, who doesn’t like to read and paid others to take his tests, is trying to create an indoctrination curriculum to whitewash American history.
A) That’s pretty much how it’s always been; one-sided/white, but a fuller picture is surfacing.
B) We don’t want any of his neo-Nazi BS destroying the next generation of Americans.
Jamie – Hugh Jackman will star in “The Music Man” on Broadway…next May. Jeez, I hope things are normal by then, but…just not feeling it today.
Sutton Foster, too! I saw her in “Thoroughly Modern Millie” way back when.
We are home air quality good and there might be some rain.
Trump and his enablers should all go straight to jail. It’s going to take a long time To repair all the damage he and his ilk have caused.
Delusional Don. Big Fat Loser
Children of a Loser God
Good one Sturg
Evil always has a very deep bench. Cut the head off this snake and two more will appear.
Guys like Cotton, Carlson… Meadows apparently has no soul🤷♂️
There will always be replacement snakes.
crackers – Glad you are home…and that it’s still there.
We’re going to need more prison space. One for just the ripuplican media and another for all the crooked policy advisors. Maybe they could be put to use building lead and ceramic housing for nuke waste. Or, they could become water samplers for Flint. At worst we could just lock all their cells and turn off the power, water and defense lawyers.
Biden “drive-in” Town Hall on CNN, he’s kicking butt
craig, you gonna do a blow by blow for us tonight?
Congrats jack!!! Try Florastor an OTC probiotic recommended by a GI doc to straighten out your GI tract with a good probiotic.
Biden sounds SO good! He’s saying the RIGHT stuff!!
Biden, like others, says cancer is a disease. I think of it more as an autoimmune condition that your body does to itself.
Yea – if Biden performs like this during the debate he’s going to kill Trump. He just hs to keep is stuff wired tight. He sounds so good tonight – It’s kind of like watching a super hit Oscar winning movie after spending a few years watching nothing but b movie trash.
The problem I have is that I don’t know if I can respect any of my friends or colleagues who vote for Trump. They say that you need to put politics in it’ place, but this is now beyond politics and more towards common decency and civility.
I also wonder when they’re going to start hitting on the Senate races at a national level.
https://www.cnn.com/2020/09/17/politics/usps-policy-changes-injunction/index.html
Another burr under Orange Julius’ rind.
be a hoot if someone’s little toto terrier runs up on stage and pulls at joe’s pant leg
🙂
talk about grabbing headlines and going bigly viral. joe liking dogs as he does prolly would whisk the little critter up in his arms thus gaining a million extra votes.
wow that was a lot of preamble
trumpity won’t be able to answer questions in detail. He doesn’t know about government or the constitution much less chickens and farming.
trumpity will repeat what Biden says.
Why get creative when “bootlicker” will do?
It won’t kill you to Vote for Biden
Sturg, what do you have to lose?
trumpity’s people go bat-shit crazy. Caputo went more Scaramucci than Scaramucci did. He’s out. Another one bites the dust. this one said his mental health isn’t so good. Oh, really?
https://en.wikipedia.org/wiki/Michael_Caputo#Early_life_and_education
Old man, walking?
“It won’t kill you to Vote for Biden“
sturge, that’s worthy of a winning nobel peace prize.
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