The Coronavirus, not the beer

[nsacpi]

i'll bet dollars to donuts that most of those restaurants that closed permanently weren't gonna make it through the year anyway

it's a business with a fairly high failure rate in normal times

https://www.cnbc.com/2016/01/20/heres-the-real-reason-why-most-restaurants-fail.html

the graph was interesting in that it showed that some of the states that opted for light and short lockdowns (notably Florida and Texas) were among those with the highest restaurant failure rate...as much as some around here would like for ideological reasons to blame government for what has happened to the economy, the fact of the matter is that it is the big bad Wuhan (aka China aka Trump) Virus that is responsible

 

[goldfly]

oh yeah, i know

it's a tough as **** industry anytime

and some for sure shut down cause of covid that wouldn't have

but i bet a lot of those on that list (if ya really started going through the list) weren't gonna make it even without covid/shut down etc

all of those are directly tied to not doing what was necessary though to protect those businesses and jobs. it was a choice of our society that didn't do so.

also by not combating adequately against the virus hasn't helped either. places are slow why cases surge cause people are worried to go out. thus will cost more places to close

 

[nsacpi]

oh yeah, i know

it's a tough as **** industry anytime

and some for sure shut down cause of covid that wouldn't have

but i bet a lot of those on that list (if ya really started going through the list) weren't gonna make it even without covid/shut down etc

all of those are directly tied to not doing what was necessary though to protect those businesses and jobs. it was a choice of our society that didn't do so.

also by not combating adequately against the virus hasn't helped either. places are slow why cases surge cause people are worried to go out. thus will cost more places to close

After Katrina, lots of businesses went under in Nawlins...natural disasters do that to businesses...so it is with a global pandemic

It is also likely that PPP has kept some businesses afloat that might have gone under under normal circumstances

 

[sturg33]

it's a business with a fairly high failure rate in normal times

https://www.cnbc.com/2016/01/20/heres-the-real-reason-why-most-restaurants-fail.html

the graph was interesting in that it showed that some of the states that opted for light and short lockdowns (notably Florida and Texas) were among those with the highest restaurant failure rate...as much as some around here would like for ideological reasons to blame government for what has happened to the economy, the fact of the matter is that it is the big bad Wuhan (aka China aka Trump) Virus that is responsible

Have you had a look at unemployment?

What about drug abuse and alcohol abuse?

How about domestic abuse cases?

What about patients putting off primary care.put of fear?

At least our kids can valid our worthless school system for a year. But parents will have to quit their jobs to pay for it.

Gotta protect those 80.5 year olds. What's $7t in future.debt.to your grandkids, anyways?

Your obsession with finding bad news to hurt OM is pretty silly... but you gotta make your political point. I get it after all the embarassment of your other misees this term

 

[nsacpi]

Have you had a look at unemployment?

What about drug abuse and alcohol abuse?

How about domestic abuse cases?

What about patients putting off primary care.put of fear?

At least our kids can valid our worthless school system for a year. But parents will have to quit their jobs to pay for it.

Gotta protect those 80.5 year olds. What's $7t in future.debt.to your grandkids, anyways?

Your obsession with finding bad news to hurt OM is pretty silly... but you gotta make your political point. I get it after all the embarassment of your other misees this term

I think I know a fair bit more about most of the above than you do. Have you checked out what happens to an economy or crime or alcohol and drug abuse after a natural disaster. Check out Nawlins after Katrina.

If this disaster is man-made due to poor policy then states who pursued lighter and shorter lockdowns should be seeing better outcomes...but your own data show Florida and Texas among the states with the highest rates of restaurant failures...you should consider adjusting your views when the data show them to be mistaken...it is a sign of an open mind

 

[goldfly]

After Katrina, lots of businesses went under in Nawlins...natural disasters do that to businesses...so it is with a global pandemic

It is also likely that PPP has kept some businesses afloat that might have gone under under normal circumstances

yep

it was sad then too.

wish we would build a country/system to help during these/those times

but for some reason this country doesn't want to change anything after seeing disasters

 

[sturg33]

I think I know a fair bit more about most of the above than you do. Have you checked out what happens to an economy or crime or alcohol and drug abuse after a natural disaster. Check out Nawlins after Katrina.

I work in the small business and commercial loan department of a top 10 bank in the world... so I can see what is happening now at a national stage rather than a local stage.

Oh yeah
.. a hurricane isn't a government mandated shutdown.

I love that i post something about people suffering... and your response is "but they also suffer in hurricanes!"

Go back to your german conspiracies

 

[sturg33]

yep

it was sad then too.

wish we would build a country/system to help during these/those times

but for some reason this country doesn't want to change anything after seeing disasters

National savings rates are at all time highs bc our govt is paying people more to be on unemployment than to work... and giving businesses endless money as long as they dont fire anyone.

What are you talking about??

The only people suffering economically are those that lost their businesses that they poured everything into... and everyone under the age of 50 who we are ****ing over to try to save the at risk nursing home population... median age 80.5

 

[Carp]

There is no ****ting the bed. We were all going to get exposed at some point. There isn't much that can be done to stop that.

It can certainly be managed better than these states are doing it. Several other states have already had peaks that are nowhere near these levels.

When you can manage how many people get exposed during a certain period of time, you see significantly less deaths. This isn't hard.

 

[Carp]

Because we have never produced a vaccine at this rate and vaccines are not full proof, especially the first time around.

We know the virus is statistically insignificant for a majority of the population. We now know that herd immunity is achieved much faster than any previously thought.

We know staying inside causes incalculable economic and social damage. God bless these pre teens growing up om this time.

Herd immunity is the only rational approach.

The world also has never had this many countries devote this much time and resources to searching for a vaccine to a virus all at the same time either.

 

[thethe]

The world also has never had this many countries devote this much time and resources to searching for a vaccine to a virus all at the same time either.

Fair.

Still believe herd was the right way

 

[nsacpi]

I find it interesting that states like Texas and Florida who went light and short on shutdowns are so high on the list. I imagine they will be consolidating their high standing during the next few months. Arizona should be moving up too.

I work in the small business and commercial loan department of a top 10 bank in the world... so I can see what is happening now at a national stage rather than a local stage.

Oh yeah
.. a hurricane isn't a government mandated shutdown.

I love that i post something about people suffering... and your response is "but they also suffer in hurricanes!"

Go back to your german conspiracies

My point is that states like texas and florida suffered relatively poor outcomes...so maybe the loss of jobs is due to the virus not the lockdowns

 

[thethe]

My point is that states like texas and florida suffered relatively poor outcomes...so maybe the loss of jobs is due to the virus not the lockdowns

Misinformation regarding the severity of the virus is what caused the hysteria which resulted in loss of commerce.

Funny thing is one of the individuals most responsible for thst hysreria profited the most. Weird.

 

[Runnin]

Fair.

Still believe herd was the right way

That isn't doable if you overrun hospitals and emergency rooms.

The most intelligent way would've been strict hand washing, masks and social distancing everywhere, including the workplace.

 

[nsacpi]

Misinformation regarding the severity of the virus is what caused the hysteria which resulted in loss of commerce.

Funny thing is one of the individuals most responsible for thst hysreria profited the most. Weird.

Call it hysteria if you want. But people, most people, will avoid a lot of normal economic activity because of their concerns about their health and the health of others they care about.

It is folly to think the economic crisis can be fixed by wishing away the epidemiological crisis. T

 

[thethe]

That isn't doable if you overrun hospitals and emergency rooms.

The most intelligent way would've been strict hand washing, masks and social distancing everywhere, including the workplace.

Sweden did not experience this.

But yes, all those items should have been part of herd immunity. Staying indoors was the worst prescription.

 

[thethe]

Call it hysteria if you want. But people, most people, will avoid a lot of normal economic activity because of their concerns about their health and the health of others they care about.

It is folly to think the economic crisis can be fixed by wishing away the epidemiological crisis. T

It is hysteria because people don't understanf majority of the population is at 0 risk and in reality if you aren't obese your likelihood of dying under the age of 70 is effectively 0.

If we all embraced sound resson and went with herd immunity we would be done by now with limited economic interuption and no psychological damage to the nation's children.

 

[Dalyn]

 

[Dalyn]

It is hysteria because people don't understanf majority of the population is at 0 risk and in reality if you aren't obese your likelihood of dying under the age of 70 is effectively 0.

If we all embraced sound resson and went with herd immunity we would be done by now with limited economic interuption and no psychological damage to the nation's children.

Something like 43% of adults are obese in the US, almost all of whom are under 70. If we had achieved true herd immunity by now (not what you are calling herd immunity, which would not stop this at all), our economy would be devastated and many of our nation's children would be without parents and/or grandparents.

 

[thethe]

Something like 43% of adults are obese in the US, almost all of whom are under 70. If we had achieved true herd immunity by now (not what you are calling herd immunity, which would not stop this at all), our economy would be devastated and many of our nation's children would be without parents and/or grandparents.

I should have clarified. The definition of obese is absurd in this nation. Being 30 pounds overweight is not unhealthy.

The truly obese people woild stay home. Thats the whole point. Let us healthy people kill the spread by building an immunity.