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Quoted: We clawed our way out of the 2008 economic recession and really didn't start to do well until around late 2015. But our economy on a National Scale is a joke of smoke and mirrors. Our entire economy is based on consumerism and debt. Savers are punished on purpose. Since we as a nation have shipped our manufacturing overseas. Our economy is based on retail and we need to continue to motivate people to keep up with the Joneses and buy the latest widget. Well, the bubble is goie to pop As for busi5 and razor thin margins. This is true.... but again. Our economy runs of debt. Eventually you can't outrun math. View Quote 100% agree. Well said. This country needs to get back to doing it the right way. Interest rate needs to be increased. People shouldn't be taking out loans or extending credit to buy luxury items. People end up signing their life away on the dotted line. Folks thinking in terms of payments will be our downfall. Then they're forced to work a lot of hours to keep the money flowing. When something like comes along, it kicks over our house of cards. People should save up to buy something. The value of money is lost when its spent in the manner in which we're spending it. When someone saves and then buys something with that saved money, the person knows the value of what they're buying .All that work is in the back of their head when they put down the cash. When someone buys something on credit, its empty. No work was done for it, they just handed it over. Too easy. Then people just buy junk because they don't really care anymore. Little research is done into the best product, people just follow the herd. Or go by looks instead of knowing the product inside and out before one buys. IMO this downturn started with Clinton giving Fannie and Freddie incentives to make bad loans, which came to a head in '08. Then Bush/Paulson and company turned us into a hybrid capitalistic society dependent on QE, money printing, low interest rates, and out of control govt FSA spending. Now we've dove head first into unknown water with this latest socialism push. We're gonna end up like Greece. |
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FLORIDA GOP LAWMAKER SAYS 'TIME IS NOW' TO REOPEN STATE AS CORONAVIRUS CASES NEAR 30,000
LYDIA SMITH APRIL 24, 2020 Republican Florida state Representative Anthony Sabatini wrote an essay arguing his state should "open all business establishments" and end the current lockdown. The op-ed, titled "The time to open is now," was published on Thursday by several Florida-based news outlets. Florida experienced a jump in positive coronavirus cases on Thursday, adding more than 1,000 new cases over a period of 24 hours and bringing the state's death toll to 987, according to the latest numbers from the Florida Department of Health. At least 29,648 people have tested positive for the new strain of coronavirus, which causes the COVID-19 disease. Sabatini wrote that Florida had "passed the peak of COVID's damage" earlier this month. "Beginning this weekend, the Governors of Georgia and South Carolinabased on the most recent scientific dataare re-opening the economies of their states. Florida should safely follow our neighbor's lead and do the same," he wrote. "Like Georgia and South Carolina, Florida has passed the peak of COVID's damage. According to models from The Institute for Health Metrics and Evaluation, Florida saw its peak in deaths on April 2 and its peak hospital resource usage on April 14. "Like Georgia and South Carolina, we are on the downward trajectory of the fight against COVID. And it is time to respond to these facts appropriately." Sabatini added: "Instead of sitting around for an indefinite period awaiting total COVID eliminationwhile our economy lays in shambleswe should begin the process of re-opening as soon as possible. The curve of the virus has been flattened and now it is time to do what's right." He argued Florida should open all business establishments including stores and restaurants and that people should be trusted to exercise personal responsibility. "Business owners should follow CDC guidelines. Those who are elderly and those with pre-existing medical issues should remain at home," he wrote. "But the rest of us should return to work. Each day Florida remains closed is another day that irreparable harm is caused to the working people of our state; small family-owned businesses lost forever. "Each hour we remain shutdown furthers the massive blow to our state economynot to mention the psychological damage that self-isolation has wrought." Newsweek has contacted Sabatini for additional comment. Florida's stay-at-home order began on April 3 and will remain in place until April 30. Last week, however, Governor Ron DeSantis told local leaders in municipalities across Florida to reopen beaches as long as social distancing guidelines are followed. The Republican is currently working with the "Re-Open Florida" task force on a plan to reopen Florida's economy amid the coronavirus pandemic. Florida Democrats said Monday that the state's economy should not reopen until more coronavirus testing is available. "We have not won the day and cannot return to normal until testing has been expanded enormously," said state Senator Lori Berman, vice-chair of the Committee on Health Policy, the Herald-Tribune reported. U.S. Rep. Donna Shalala, a Miami Democrat, added that "testing, testing, testing" is the only way the lockdown could be lifted. According to the stay at home order, residents should only leave their homes to "obtain or provide essential services or conduct essential activities." When leaving their homes, Florida residents should practice social distancing guidelines, which include remaining at least six feet away from people outside of your household. View Quote |
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Does Thursday's coronavirus spike reset the clock on Gov. DeSantis' plan to reopen the economy?
JANELLE IRWIN TAYLOR APRIL 24, 2020 After five days of declining coronavirus cases, Florida spiked again Thursday, raising questions about Gov. Ron DeSantis' goal of partially reopening Florida's economy May 1. The Florida Department of Health reported 1,261 new cases Thursday, the highest number of new cases reported in a single day in more than two weeks. Under President Donald Trump's Opening Up America Again plan, on which DeSantis is modeling his own strategies, phase one is triggered only when a state has seen declining numbers for 14 days. Florida had been more than on track to meet that criteria before Thursday, posting fewer than 1,000 new cases per day for five days straight. April 16 and 17th saw 1,204 and 1,096 new cases, respectively, after a four-day spread with fewer than 1,000 cases, including April 14 when just 597 cases were reported. All three of those spikes corresponded to a correlated increase in testing. That distinction, though, could be moot. Because testing is limited, in almost all circumstances, only those showing symptoms or who have had direct contact with someone who has already tested positive receive tests, meaning these weren't arbitrary tests. There would have had to have been a corresponding spike in individuals in either of those two scenarios. That begs the question: Should the Governor reset the 14-day clock on reopening the state's economy? The answer may very well come later. DeSantis' office is expected to receive a rough draft of recommendations from his Re-Open Florida Task Force Friday, and the group is expected to approve those recommendations early next week. That gives at least the weekend to observe daily trends. Should Thursday's spike be an anamaly, he may make the decision to move forward despite the spike. However, if new cases show a similar trend Friday and over the weekend, DeSantis could face calls to hit the pause button and delay his reopening strategy. Friday's numbers are already set up to potentially match Thursday with 526 new cases reported overnight. Daily reports have trended with similar amounts in the morning and evening reports. Still, even if the caseload doubled from the morning, Friday's numbers would still be lower than Thursdays, and less than the most recent spikes before that on April 16th and 17th. DeSantis also has some other data to make the case for not restarting the clock. The Thursday spike is not the peak. That happened on April 3 when just over 1,300 new cases were reported. Even if case numbers hold around 1,200 over the weekend, DeSantis could argue it still represented a downward trend from the peak. There's some other data to watch, too. One week ago, Jacksonville opened its beaches on a provisional and limited basis, but images of the first evening beaches were open showed crowds, in many cases, not following social distancing guidelines requiring six-feet of separation. If Jacksonville begins seeing spikes in new cases, which have been declining for more than a week, that too could play into the reopening narrative. So far, the city has not seen a new spike in cases, but the virus incubation period is two weeks and test results take days to come back, meaning a potential spike is likely too soon to emerge in reports. Similar situations are true in other areas across the state as local governments begin allowing beach access on a limited basis. View Quote |
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State agrees to some 'retroactive eligibility' for unemployment benefits - The move is a partial victory for Democrats.
A.G. GANCARSKI APRIL 24, 2020 The many Floridians who lost their jobs in recent weeks, then struggled with the unemployment claims process, will get a lifeline. DMS Secretary Jonathan Satter said the state "..will be affecting a retroactive period to March 9th so it would be the day of their job loss or March 9th" that jobless Floridians begin receiving back benefits, according to Action News Jax. Satter, who took over managing the state's struggling unemployment system from Department of Economic Opportunity head Ken Lawson, has been charged with rescuing the system and the Governor's credibility on the subject of unemployment. Democrats had called for "retroactive eligibility" for weeks, but to no avail until this week. In early April, the Democratic caucus wrote Gov. Ron DeSantis, pushing for retroactive eligibility to the date that a given worker's job was terminated. "Recognizing that the application system was not only out of service for much of the start of this pandemic, but continues to undergo repair, we ask for immediate action to help expedite Floridians' access to the unemployment benefits they have earned," read the caucus letter. Democrats had asked for a retroactive date of Mar. 1. They also requested unemployments benefit be extended to independent contractors, the class of workers that receives 1099s rather than W-2s, which are not eligible for benefit under Florida law. While there is no provision for gig workers, and Democrats did not get the extra eight days sought, the move likely can be framed as a partial victory. There is still room to move, however. Benefits are capped at 12 weeks with a top payout of $275 weekly, making it among the nation's most meager benefit. The Governor has expressed confidence that the $600 federal stipend will be enough to make up for any perceived coverage deficiency. All told, 505,000 Floridians filed for unemployment last week, with 1.16 million having successfully filed since the beginning of the coronavirus crisis, out of a 10.335 million person workforce. View Quote |
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Quoted: Never claimed I did. And I don't consider my idea of a economically diverse and viable FL disturbing. Why shouldn't we have a strong manufacturing base and a energy sector for our economy? The Chinese through Mexico and Cuba are going after oil right outside our EEZ and we decided to block ourselves from those resources. We have the land and weather that would be attractive to manufacturering and we have the seaports to ship those goods to the Caribbean and Latin America. As for tourism, if we legalized gambling, we'd put Vegas out of business. Our Agriculture could make us a major breadbasket and we should expand it. We have more International Banks than NY has. Yet we aren't developing that to make us a major handler of economic opportunity and management. Backwater Florida is nice, quiet, and quaint. But the future is now. The past holds us back. And honestly, backwater Florida is under populated and shrinking in political power. Soon enough, the urban centers will overtake them and they are already. The problem is, they're population is mostly service industry workers. If we had a strong diverse economy. It would have been more robust. But with the fsct that it isn't. These people that haven't been able to collect unemployment for a month now will be desperate and voting for Biden or worse in 2022. This stat3 has potential but it has been squandered. I love FL for her past, her history, and her experiences. But her future looks bleak.... like the cookie cutter strip malls that have shuttered empty storefronts due to the changing patterns in the spending and buying habits of the people. View Quote View All Quotes View All Quotes Quoted: Quoted: Well keep in mind bro, you dont speak for all of us. Remember that. Your vision for Florida is disturbing. Why shouldn't we have a strong manufacturing base and a energy sector for our economy? The Chinese through Mexico and Cuba are going after oil right outside our EEZ and we decided to block ourselves from those resources. We have the land and weather that would be attractive to manufacturering and we have the seaports to ship those goods to the Caribbean and Latin America. As for tourism, if we legalized gambling, we'd put Vegas out of business. Our Agriculture could make us a major breadbasket and we should expand it. We have more International Banks than NY has. Yet we aren't developing that to make us a major handler of economic opportunity and management. Backwater Florida is nice, quiet, and quaint. But the future is now. The past holds us back. And honestly, backwater Florida is under populated and shrinking in political power. Soon enough, the urban centers will overtake them and they are already. The problem is, they're population is mostly service industry workers. If we had a strong diverse economy. It would have been more robust. But with the fsct that it isn't. These people that haven't been able to collect unemployment for a month now will be desperate and voting for Biden or worse in 2022. This stat3 has potential but it has been squandered. I love FL for her past, her history, and her experiences. But her future looks bleak.... like the cookie cutter strip malls that have shuttered empty storefronts due to the changing patterns in the spending and buying habits of the people. You have the right ideas, but i split on gambling, we did not vegas in miami its bad enough as it is with out that trash and gambling brings a whole host of problems. Florida is a powerhouse, we just need to invest more in tech, with the rebirth of the space coast there is no reason why Florida cant be a tech capital. |
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Quoted: As coronavirus batters the economy, Florida leaders may have to slash budget TALLAHASSEE The Republican-controlled Florida Legislature faces tough choices in balancing the $93 billion state budget decimated by the coronavirus crisis, decisions that could wipe out or drastically reduce teacher raises, road work, affordable housing projects and more. Lawmakers last month passed the spending plan based on revenue projections made in January, well before the coronavirus brought much of the economy to a halt. When state economists make new projections, likely no sooner than sometime in May, the Legislature will know how big of a hole they have to fill. If it is large enough, it could wipe out or significantly reduce $500 million in teacher pay raises, nearly $400 million in state worker pay raises, the boost in Medicaid reimbursement rates for nursing homes and other pieces of a budget that won so much bipartisan support the spending plan passed unanimously. Then the options left to lawmakers are decisions that Republican leaders don't typically want to make: accept federal bailout money to fill a large budget hole; borrow money in much larger amounts than in recent years; make drastic cuts to a range of programs; or raise taxes and fees long considered unacceptable by Republican leaders. Gov. Ron DeSantis and Senate President Bill Galvano, however, have pointed to Florida's $4 billion in reserves, the strong economy before the pandemic and the expected federal funding from the CARES Act as reasons to be hopeful the hit to state coffers won't be catastrophic. DeSantis has even suggested the Legislature might not even have to come back the Capitol to rewrite the budget. He could sign the budget while vetoing enough projects to give a cushion that, combined with CARES Act funds, could cover any sharp drop in revenues. "We've got to see what the economic prognosis looks like," Desantis said last week. "The numbers I've received are not anything that would cause us to have to redo the current fiscal year budget." "And even next year, given the amount of money we've received, a lot of people feel that could be doable," he added. But for now, the Legislature hasn't formally sent the budget to his desk, passed during the regular session that ended in March, and DeSantis has said he's solely focused on the pandemic response. The early indications, though, suggest the downturn could be too steep, and lawmakers will need to redraft a spending plan based on more realistic revenue projections. More than 26 million people filed for unemployment since mid-March, wiping out 10 years' worth of job gains. Retail sales for March fell 8.7 percent compared with February, according to a U.S. Census Bureau report. Industrial production fell 5.4 percent, the largest monthly drop since 1946. The Fitch Ratings agency predicted a "deep global recession" for this year on April 2. For a state as reliant as Florida is on tourism, it points to a prolonged recovery. Florida gets 20 percent of its sales tax revenues from tourists, and 79 percent of its $33 billion general revenue fund. The shock could ripple out beyond the hospitality sector, though, affecting parts of the budget not directly tied to sales taxes. Lawmakers opted not to raid the affordable housing trust fund this year, leaving $370 million in it, but if prospective homebuyers put off making that large purchase, it could put a dent in the real estate transaction taxes that flow into that trust fund. Gasoline prices have plummeted as residents have been encouraged to stay home except for essential trips. That equals fewer gas taxes to pay for road work. Galvano sent a memo to senators April 16 laying out how the CARES Act would benefit Florida, while acknowledging the abysmal economic news. Hospitals around the country will receive $30 billion; K-12 school districts will receive $770 million in grants; universities will be eligible for $792 million in grants. "We're trying to find 127 million tourists to have the confidence to come back and patronize our state," Patronis said during a task force meeting aimed at reopening the state. "This is a one-of-a-kind enemy we've never seen before." He's pointed to dire economic forecasts, such as a "stress test" from Moody's Analytics projecting Florida could face a $6.4 billion shortfall, combined with a $1.74 billion increase in Medicaid expenses, meaning lawmakers would be looking for $8.14 billion, or nearly 24 percent of its general revenue. Tax increases, however, would be tricky to pass. House Speaker Jose Oliva has staunchly opposed them and DeSantis made it a campaign pledge to veto any tax increase. Patronis has been urging state economists to convene to issue new revenue forecasts to account for the coronavirus. But Amy Baker, the state's chief economist, says they won't be able to make projections about revenues or the economy with any amount of confidence until mid-May at the earliest. New numbers on March revenues, April unemployment figures and updated global and national economic forecasts from rating agencies won't be released until then, giving leaders little time to react to the budget hole for the fiscal budget year that begins July 1. There will also be more decisions made in that time about when and how to reopen, which could give economists more clues as to how quickly the state will rebound. For his part, DeSantis said he'll likely have to wield a hefty veto pen, even on programs he believes in, to have a big enough cushion to account for the economic downturn. Some projects could get funding the following year, he suggested. https://www.orlandosentinel.com/resizer/CdqZfwRuZ3yivyMSApv3BQ_V0dA=/415x258/top/arc-anglerfish-arc2-prod-tronc.s3.amazonaws.com/public/FPLNVT5MX5EX3NIEQIO4ITV3AA.jpg Florida Chief Financial Officer Jimmy Patronis: "We're trying to find 127 million tourists to have the confidence to come back and patronize our state.'' Maybe offer them free lotto tickets, that'll bring em back. |
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Quoted: You have the right ideas, but i split on gambling, we did not vegas in miami its bad enough as it is with out that trash and gambling brings a whole host of problems. Florida is a powerhouse, we just need to invest more in tech, with the rebirth of the space coast there is no reason why Florida cant be a tech capital. View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: Well keep in mind bro, you dont speak for all of us. Remember that. Your vision for Florida is disturbing. Why shouldn't we have a strong manufacturing base and a energy sector for our economy? The Chinese through Mexico and Cuba are going after oil right outside our EEZ and we decided to block ourselves from those resources. We have the land and weather that would be attractive to manufacturering and we have the seaports to ship those goods to the Caribbean and Latin America. As for tourism, if we legalized gambling, we'd put Vegas out of business. Our Agriculture could make us a major breadbasket and we should expand it. We have more International Banks than NY has. Yet we aren't developing that to make us a major handler of economic opportunity and management. Backwater Florida is nice, quiet, and quaint. But the future is now. The past holds us back. And honestly, backwater Florida is under populated and shrinking in political power. Soon enough, the urban centers will overtake them and they are already. The problem is, they're population is mostly service industry workers. If we had a strong diverse economy. It would have been more robust. But with the fsct that it isn't. These people that haven't been able to collect unemployment for a month now will be desperate and voting for Biden or worse in 2022. This stat3 has potential but it has been squandered. I love FL for her past, her history, and her experiences. But her future looks bleak.... like the cookie cutter strip malls that have shuttered empty storefronts due to the changing patterns in the spending and buying habits of the people. You have the right ideas, but i split on gambling, we did not vegas in miami its bad enough as it is with out that trash and gambling brings a whole host of problems. Florida is a powerhouse, we just need to invest more in tech, with the rebirth of the space coast there is no reason why Florida cant be a tech capital. |
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Quoted: Yup. I mean I didnt want Meth Head Gillum but DeSantis has been a disappointment so far. This State is fucked View Quote View All Quotes View All Quotes Quoted: Quoted: @WildBoar, DeSantis for his entire term in office has been riding Trump's coattails and is pretty damn weak for the most part. He's been all talk and no walk. And what's worse is his lack of leadership during this crisis will hurt Florida even more. He figured being Governor would be easy under a Trump Administration. Well, it's proven wrong. Worse, he hasn't spent the political capital he amassed on what he campaigned. Yup. I mean I didnt want Meth Head Gillum but DeSantis has been a disappointment so far. This State is fucked You're not alone, our republican governor has been a disappointment too. |
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Quoted: No cruise ships, no hotel stays, no tourism, no beaches. These D.C. government robots with paychecks coming off the money press are so out of touch with how many Americans have nothing coming in right now. My neighbor owns a commercial food distribution biz that services restaurants and she can't afford to reopen it. All the employees(50-60) are hosed. We have to get back to work.. View Quote It’s tempting to blame politicians, bureaucrats, “doomers” and democrats, but we need to be honest in assessing the future: Tourism will be down big time, regardless. For a long time. People aren't in a vacationing mood. |
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Quoted: It’s tempting to blame politicians, bureaucrats, “doomers” and democrats, but we need to be honest in assessing the future: Tourism will be down big time, regardless. For a long time. People aren't in a vacationing mood. View Quote Even if they were many don't have the money anymore. |
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Quoted: Even if they were many don't have the money anymore. View Quote View All Quotes View All Quotes Quoted: Quoted: It’s tempting to blame politicians, bureaucrats, “doomers” and democrats, but we need to be honest in assessing the future: Tourism will be down big time, regardless. For a long time. People aren't in a vacationing mood. Even if they were many don't have the money anymore. Yep. And I’m not saying that the politicians and bureaucrats are blameless. Only that the problem is bigger than politics. I’m every bit as concerned as the OP. Maybe more. |
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My Wife and I had a trip planned for our 25th wedding anniversary to Florida for the first of May, everything went down the tubes once things started shutting down.
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Quoted: You have the right ideas, but i split on gambling, we did not vegas in miami its bad enough as it is with out that trash and gambling brings a whole host of problems. Florida is a powerhouse, we just need to invest more in tech, with the rebirth of the space coast there is no reason why Florida cant be a tech capital. View Quote Tech, manufacturing, and other industries that render free shit army politicians irrelevant. |
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I'm curious which states people think have done well? Washington shut their state down. That certainly helped their numbers. Economic consequences are going to be heavy. Texas has faired well, but it didn't hit there early and their population density isn't crazy high. Based on expectations and actual numbers, Florida has fares pretty well, comparatively. Ohio? Which states have done such great jobs?
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Quoted: I'm curious which states people think have done well? Washington shut their state down. That certainly helped their numbers. Economic consequences are going to be heavy. Texas has faired well, but it didn't hit there early and their population density isn't crazy high. Based on expectations and actual numbers, Florida has fares pretty well, comparatively. Ohio? Which states have done such great jobs? View Quote South Dakota |
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I would like to know the percentage of companies that applied for PPP and actually received it.
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Quoted: DC didn’t shut down Florida. Florida Governor shut down Florida. We just had a local daycare announce they are broke, closing for good, and selling off their furnishings and equipment. If DeSantis doesn’t end this bullshit shutdown then May will bring 1000s more View Quote View All Quotes View All Quotes Quoted: These D.C. government robots with paychecks coming off the money press are so out of touch with how many Americans have nothing coming in right now. DC didn’t shut down Florida. Florida Governor shut down Florida. We just had a local daycare announce they are broke, closing for good, and selling off their furnishings and equipment. If DeSantis doesn’t end this bullshit shutdown then May will bring 1000s more Would he have shut it down without pressure and assurance from the president? |
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Quoted: To fucking who? It's commercial food for commercial kitchens. Hotels, Restaurants. It's not packaged all nice and neat like the stuff you see in the grocery store, and your local Susan isn't buying 300lbs of butter at time. View Quote The Red Lobsters around here sold everything in their freezers. People were lined up to buy. |
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Quoted: Would he have shut it down without pressure and assurance from the president? View Quote View All Quotes View All Quotes Quoted: Quoted: These D.C. government robots with paychecks coming off the money press are so out of touch with how many Americans have nothing coming in right now. DC didn’t shut down Florida. Florida Governor shut down Florida. We just had a local daycare announce they are broke, closing for good, and selling off their furnishings and equipment. If DeSantis doesn’t end this bullshit shutdown then May will bring 1000s more Would he have shut it down without pressure and assurance from the president? all politicians are basically cunning cowards with twin fetishes of Control and "I want to be liked" who don't want to get beaten up for even one of their constituents dying. I imagine DeSantis, like other politicians, would do anything to get re-elected. He knows the general public doesn't understand economics or running a business but does understand "Nana died because the Governor didn't shut down the state!" |
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Quoted: He knows the general public doesn't understand economics or running a business but does understand "Nana died because the Governor didn't shut down the state!" View Quote And he has to balance that with "I've been out of work for weeks and the state's unemployment web site is so bad I can't file for benefits." |
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Quoted: Pretty soon the only daycares left will be those creepy Scientology daycares with innocuous names. View Quote View All Quotes View All Quotes Quoted: Quoted: These D.C. government robots with paychecks coming off the money press are so out of touch with how many Americans have nothing coming in right now. DC didn’t shut down Florida. Florida Governor shut down Florida. We just had a local daycare announce they are broke, closing for good, and selling off their furnishings and equipment. If DeSantis doesn’t end this bullshit shutdown then May will bring 1000s more Pretty soon the only daycares left will be those creepy Scientology daycares with innocuous names. Oh you don’t have a Beijing funded Chinese immersion academy nearby to step right in and help with that? Because they seem to be everywhere else. |
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Quoted: Quoted: Quoted: Because Harvard and Ruths Chris Steakhouse said "fuck yo small bidness, gibs ME dat gummint cheese!" Good to hear. Cheryl Henry, CEO of Ruth's Hospitality Group said in a statement that the company was eligible for the funds it had applied for in order to protect employees and their families. "We intended to repay this loan in adherence with government guidelines, but as we learned more about the funding limitations of the program and the unintended impact, we have decided to accelerate that repayment," said Henry. "It is our hope that these funds are loaned to another company to protect their employees." More like "After we started getting lots of negative press". |
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Quoted: Roughly 1000 used & rental cars are being stored at FAU right now. No one is buying or doing anything right now. https://www.AR15.Com/media/mediaFiles/334296/48C134C2-3512-438B-B2EE-5C9AED819560_jpe-1384568.JPG View Quote What? According to the widget counting engineers of arfcom they should just think outside the box! Maybe give them away to the homeless!! Problem solved!! |
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Quoted: Even if they were many don't have the money anymore. View Quote View All Quotes View All Quotes Quoted: Quoted: It’s tempting to blame politicians, bureaucrats, “doomers” and democrats, but we need to be honest in assessing the future: Tourism will be down big time, regardless. For a long time. People aren't in a vacationing mood. Even if they were many don't have the money anymore. There will be a lot of couples going off for a weekend just to get away from the kids they have been stuck at home with. |
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Quoted: Why arent they getn bailout money and paying employees ? Something doesnt add up, the PPP is designed for this exact reason. View Quote That money is gone and a lot of banks were so overwhelmed with applications that they stopped taking them. Unless you had your shit ready to go and submitted on day one you got nothing. |
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Quoted: Why havent they been selling that instead of throwing it out? Are normal kitchens not good enough to cook it? View Quote View All Quotes View All Quotes Quoted: Quoted: Paying employees? Chump shit. How about a million+ bux in inventory that has been thrown out the past few weeks for expiring in her warehouses. Why havent they been selling that instead of throwing it out? Are normal kitchens not good enough to cook it? Who would they sell it to? Most institutional packaging is not allowed for consumer level retail due to FDA regulations. |
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Quoted: Cheryl Henry, CEO of Ruth's Hospitality Group said in a statement that the company was eligible for the funds it had applied for in order to protect employees and their families. "We intended to repay this loan in adherence with government guidelines, but as we learned more about the funding limitations of the program and the unintended impact, we have decided to accelerate that repayment," said Henry. "It is our hope that these funds are loaned to another company to protect their employees." More like "After we started getting lots of negative press". View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: Quoted: Because Harvard and Ruths Chris Steakhouse said "fuck yo small bidness, gibs ME dat gummint cheese!" Good to hear. Cheryl Henry, CEO of Ruth's Hospitality Group said in a statement that the company was eligible for the funds it had applied for in order to protect employees and their families. "We intended to repay this loan in adherence with government guidelines, but as we learned more about the funding limitations of the program and the unintended impact, we have decided to accelerate that repayment," said Henry. "It is our hope that these funds are loaned to another company to protect their employees." More like "After we started getting lots of negative press". Key point, on the negative press. They will always be negative press, and will not hesitate to pivot their message, en masse, to oppose. Even to the point of contradicting themselves within the same story. They cannot be trusted to even really have a purpose in this, but to be contradicting. Florida, as an elctorate, has been ground zero since at least 2000. |
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Quoted: DeSantis didn't really either for thr most part. Most of the industries in FL closed down on their own or it was the counties. The reopening of FL is the same way. He's been leaving it up to the counties. View Quote View All Quotes View All Quotes Quoted: Quoted: These D.C. government robots with paychecks coming off the money press are so out of touch with how many Americans have nothing coming in right now. DC didn't shut down Florida. Florida Governor shut down Florida. We just had a local daycare announce they are broke, closing for good, and selling off their furnishings and equipment. If DeSantis doesn't end this bullshit shutdown then May will bring 1000s more |
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Quoted: Why havent they been selling that instead of throwing it out? Are normal kitchens not good enough to cook it? View Quote View All Quotes View All Quotes Quoted: Quoted: Paying employees? Chump shit. How about a million+ bux in inventory that has been thrown out the past few weeks for expiring in her warehouses. Why havent they been selling that instead of throwing it out? Are normal kitchens not good enough to cook it? Sell to whom? People are running out of money. Get to no money and there is no buying food. Donate it? Have you ever tried giving restaurant and commercial packaged kitchen food to a charity? I had the Salvation Army and an evangelical soup kitchen turn down perfectly good food because it wasn't coming from a commercial grocer. Sell it to retail grocers like Wegman's or Publix? Not from a non commercial source where they can be certain it was stored properly. Each passing day I am happier that I have enough land to grow my own food. It we hit 25% unemployed we'll see a return to Great Depression and wandering bands of the homeless and malnourished, |
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Quoted: This And if that can't be achieved, one just might as well give it away. View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: Paying employees? Chump shit. How about a million+ bux in inventory that has been thrown out the past few weeks for expiring in her warehouses. Why havent they been selling that instead of throwing it out? Are normal kitchens not good enough to cook it? This And if that can't be achieved, one just might as well give it away. |
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Quoted: No cruise ships, no hotel stays, no tourism, no beaches. These D.C. government robots with paychecks coming off the money press are so out of touch with how many Americans have nothing coming in right now. My neighbor owns a commercial food distribution biz that services restaurants and she can't afford to reopen it. All the employees(50-60) are hosed. We have to get back to work.. View Quote A If she filed for the PPP she and her employees will make it thru this. Played right she will get Uncle Sam to pay her payroll the first 2.5 months they go back to work. B. Employees will get unemployment plus the bonus. Plus the 1200 and whatever extensions |
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Quoted: Yup. I mean I didnt want Meth Head Gillum but DeSantis has been a disappointment so far. This State is fucked View Quote View All Quotes View All Quotes Quoted: Quoted: @WildBoar, DeSantis for his entire term in office has been riding Trump's coattails and is pretty damn weak for the most part. He's been all talk and no walk. And what's worse is his lack of leadership during this crisis will hurt Florida even more. He figured being Governor would be easy under a Trump Administration. Well, it's proven wrong. Worse, he hasn't spent the political capital he amassed on what he campaigned. Yup. I mean I didnt want Meth Head Gillum but DeSantis has been a disappointment so far. This State is fucked |
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Once the states start opening things up the economy will rebound but it won't as fast as we would like. There has been too much structural damage done to have a rapid recovery.
It took us over a year to recover from the trillion dollar hit to the economy by 911. It will take us several years to fully recover from this 5-7 trillion dollar hit. If Trump gets reelected we will probably be back to 3.5-4.0% unemployment by the end of his next term. If Biden is elected we will probably be in the 7.0% range. |
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Quoted: I don't believe that. A If she filed for the PPP she and her employees will make it thru this. Played right she will get Uncle Sam to pay her payroll the first 2.5 months they go back to work. View Quote there's a lot of gates that had to swing open in the correct order to get PPP. At a minimum, she had to file with a bank that actually looked at her application instead of reserving it for (1) existing customers (2) who had a loan history. Then the bank had to look at it in a timely fashion before the money ran out. Then the bank had to approve it. An employer didn't get it just for filing for it. Hell, EIDL was supposed to be $10k just for filing for it, which then became "$1k per employee," when then became "lots of businesses who filed for it never got it, with no explanation." |
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Quoted: We've got a strong economic foundation built. If we were to open after this weekend, we would bounce back rather quickly. View Quote Attached File |
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Quoted: To fucking who? It's commercial food for commercial kitchens. Hotels, Restaurants. It's not packaged all nice and neat like the stuff you see in the grocery store, and your local Susan isn't buying 300lbs of butter at time. View Quote This is a few blocks from me. She was super quick on this and they were jammed up for days. Smart 22 year old woman |
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Quoted: Lol, I guess so? Certainly posting low numbers... I'm sure due to savvy government decisions. What's funny is, the Florida's major gaff has been their unemployment system. But it's not the money that's the problem, it's the computer system. Funding wise, they weren't actually doing that bad. https://www.AR15.Com/media/mediaFiles/485441/Screenshot_20200425-091017-1385476.png View Quote That report is already out of date despite being published in February. You can find recent info at https://www.treasurydirect.gov/govt/reports/tfmp/tfmp_utf.htm WV is in trouble. We were way underfunded at the beginning of the year and we got people filed and drawing benefits quickly. Based on the March and April reports it looks like we'll be out of trust fund money by mid-summer. |
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Quoted: Once the states start opening things up the economy will rebound but it won't as fast as we would like. There has been too much structural damage done to have a rapid recovery. It took us over a year to recover from the trillion dollar hit to the economy by 911. It will take us several years to fully recover from this 5-7 trillion dollar hit. If Trump gets reelected we will probably be back to 3.5-4.0% unemployment by the end of his next term. If Biden is elected we will probably be in the 7.0% range. View Quote Building a consumer oriented economy means the pain will be more severe and take longer to bounce from. We are looking at the 1930’s for this generation. |
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Quoted: Why havent they been selling that instead of throwing it out? Are normal kitchens not good enough to cook it? View Quote View All Quotes View All Quotes Quoted: Quoted: Paying employees? Chump shit. How about a million+ bux in inventory that has been thrown out the past few weeks for expiring in her warehouses. Why havent they been selling that instead of throwing it out? Are normal kitchens not good enough to cook it? You cannot sell commercial produce to the grocery customer, they wouldn’t buy it. |
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