“Revolution is engendered by an indignation with tyranny, yet is itself pregnant with tyranny.”
–William Godwin
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Another big concern is latency. There are companies that are still doing ok because of work in process. For example realtors might not see and substantial decrease in income for the first 4 – 6 weeks into the pandemic because they are completing deals that were closed. And then it decreases over the next 4 – 6 weeks.
And by the same token, when we get the economy going again, and things are running smoothly and people are looking at houses again, it could be 3 months before deals are closing again. So much of the economy is going well and some segments are still in a really bad place.
“When” we get the economy going again? Surely the word used should be “if”. I think the likelihood of a full blown decade long depression is high. We have a lot of educational, infrastructure, and political debts in America that have been run up over 30 years and we may not have what is needed to pay them down.
Step 1 is always gonna’ be the first step.
Without adequate testing and screening the answers to any “When?” or “If?” are going to remain “Not yet” and “Not until”.
I agree the first step is testing and screening.
What I fear is that the lack of coordination or planning will mean that even if sufficient tests become available most Americans won’t be able to get tested. The pandemic crisis will drag on and on even though we could theoretically bring it to and end. And if the tests are literally not available (not just unavailable without insurance and a referral) the pandemic drags on until we have natural immunity. Either way it makes the economic situation worse.
Right now we are on a course to having both the economic situation and the pandemic solve themselves by the long run, do nothing plan. Quite a lot of people die in the long run.
We all die in the long run
…or maybe we just go outside…and look in.
Is that you Timothy?
The longer the better IMHO . . .
. . . YMMV
Maybe we're just lucky, but our money was in the bank yesterday morning.
Ours as well. We worked through our local bank and weren't hamstrung by the Big Bank debacle.
My wife and I each had our $1,200 this morning. We’re so grateful to president Trump for making it easy to contribute to the Democratic National Committee, the democratic Senate Campaign Committee, and the colorado democratic parties.
If there’s anything left over we’ll use it to buy Duke a beer if they ever allow that sort of thing again.
Excellent priorities.
It appears the Senate contest will be saturated with cash. None of the Democratic Representatives appears threatened, and while I'd like to think one or two of the Republican Reps ought to be nervous, I have a hard time seeing money as the key factor in those races.
Anyone have a race in a state that touches Colorado where money for the D is likely to help him or her remain, or where it could flip a seat from red to blue?
AZ senate – Kelly
NM house Plame
Montana senate -(Wyoming is fake)
Kansas senate
A nice piece on the KS Senate race:
Kansas Democratic candidate for US Senate breaks fundraising records as Republican field scrambles
Did you get the special-edition paper variety with *rump’s signature?
Elsewhere in viral news: https://thehill.com/policy/finance/492919-small-business-loan-program-runs-out-of-funds-amid-debate-over-new-bill
Don't worry, there's about $500 Billion more to come.
Posted without comment:
March 2020 was the first March without a school shooting in the U.S. since 2002
March 2020 was apparently the first March in nearly two decades without a school shooting in the U.S. Schools across America have been shut down since early March as a prevention measure to slow the spread of coronavirus.
Sad that this is what it took.
My Cat mentioned it to me yesterday, wondering if we had missed something. Apparently not. That is great…but,yeah….at such an enormous cost.
George Conway and the Lincoln Project endorse Joe Biden for president — a first for them.
The Lincoln Project includes Steve Schmidt. It's always buckle up time when he starts one of his soliloquys about Trump. He and Nicole Wallace are doing their darndest to work off the sin of foisting Sarah Palin on America.
"OMG…What have I done?"
Their feelings of guilt must be profound. Justifiably so, I suppose. The success of "the Caribou Barbie" was a major boost for the Tea Party cum "Orange Horde".
I just found out something cool. One of our ISVs have their software (which includes our software) being used to produce the documents for the SBA loans. So Windward is a part of getting a lot of small businesses their SBA money.
And one of our pharma customers is using our software for all the reports they need to generate around their work trying to find a COVID-19 vaccine
Congrats, David. Please give my regards to your mom the next time you speak with her.
thanks & will do
Sweet…well done, David.
thanks
WOTD from Zack Beauchamp at Vox: "The coronavirus fight demands unity. But Republicans just want to own the libs."
Without comment:
Just my opinion, of course, but I think you can define the difference as the corporate profit motive.