Relevant WSJ from yesterday

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And then there is the question of what people will do. While some may readily flock back to bars and the like, many more may be cautious. China, where restrictions have substantially eased, may be instructive: In a Morgan Stanley survey of Chinese consumers conducted last Wednesday through Saturday, only 13% of respondents said they planned to go out for discretionary shopping and socializing in the next week.

It is possible that Wall Street economists are right and that in the third quarter the economy will have a big bounce back. We all hope so. But the risk is the jump won’t come, and the economic damage from the coronavirus crisis will be even more substantial. Elected officials and federal policy makers, in particular, need to be prepared if that happens.

(In response to this post by hoolstoptheheels)

Link: https://www.wsj.com/articles/hope-isnt-a-strategy-for-coronavirus-economic-forecasts-11585223736

Posted: 03/27/2020 at 10:43AM

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So what will the restaurant industry look like in 3-6 months? Lets assume -- graycalhoo 03/27/2020 09:02AM

No alcohol sales is what is really killing the restaurants. -- JMHoo 03/27/2020 10:34AM

VA now allowing beer and wine to go sales by restaurants. I thought that -- Hoodafan 03/27/2020 10:57AM

It'll help but it' not nearly the same. ** -- hoothat 03/27/2020 11:31AM

Maybe I'm kidding myself but carry-out doesn't seem to be a big risk factor -- Faz d. Hoo 03/27/2020 10:30AM

Guidance from a doctor and an epidemiologist, it’s fine -- 111Balz 03/27/2020 10:39AM

This. Saw a video about bringing home groceries and take out. -- GoochlandHoo 03/27/2020 11:08AM

I did some google research and saw that microwave DOESN'T kill the virus. -- Late 80s Hokie 03/27/2020 11:44AM

We still do carryout and door dash -- WahooMatt05 03/27/2020 10:24AM

At this point, I trust no one to prepare my food -- BambooHoo 03/27/2020 10:01AM

What about the people that manufacture prepared foods and every other food -- Hooooooooooooooo 03/27/2020 10:19AM

Miniscule compared to the potential for the local chef or dishwasher to -- 81_Hokie 03/27/2020 10:35AM

Hate to say it but even when this clears that is how we will be ** -- Mg234 03/27/2020 10:12AM

Understandable but probably unjustified. You're actually more likely to get -- Hoodafan 03/27/2020 10:17AM

Husband is actually a pretty good cook, he’s no chefhoo but few are -- Mg234 03/27/2020 10:21AM

We may have to change to eating for sustinence -- BambooHoo 03/27/2020 10:27AM

Stuffed peppers last night for us ** -- Mg234 03/27/2020 10:28AM

I share your concern, though we risked takeout last weekend, and -- HoosWillWin 03/27/2020 10:07AM

Turns out that I've been practicing social distancing and -- Hoo TV 03/27/2020 09:32AM

LOL, yeah, I am pretty good at this myself. -- GoochlandHoo 03/27/2020 10:28AM

The first time I had gone into work for months was for my Great Recession -- Hoo TV 03/27/2020 10:53AM

Order delivery/ pickup as much as you can ** -- 111Balz 03/27/2020 09:30AM

Yep...I am not that good of a cook, time to let the pros do more ** -- Tuckahokie 03/27/2020 09:36AM

I think there will be an initial burst ... both to support restaurants and -- CharlestonSC 03/27/2020 09:29AM

Survey yesterday on post-COVID: movie theaters and concerts hardest hit -- DanTheFan 03/27/2020 09:26AM

IMO, it depends on how long our new reality lasts. -- hoolstoptheheels 03/27/2020 09:23AM

Relevant WSJ from yesterday -- hoodeyo 03/27/2020 10:43AM

We cooked our last 4 lunches/dinners at home...that has never happened -- Tuckahokie 03/27/2020 09:06AM

We haven’t eaten out in over two weeks, we used to not go 2 days ** -- Mg234 03/27/2020 09:57AM

Same with us ** -- 111Balz 03/27/2020 10:43AM

Same for us. ** -- graycalhoo 03/27/2020 09:27AM