The Soapbox

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So I asked on 3/15 how fucked is our economy. Not many seemed that

worried. I bring this up because the botantical gardens in RVA just laid off 80% of its workforce. When we started the stay at home/shelter in place I never imagined all of these layoffs occurring. Look at all the department store layoffs. I know we passed the $2trillion emergency fund, but I honestly don't think it's going to bring back most jobs, especially jobs in the small business sector, when all is said and done. I think we are about to have an economic nightmare and there isn't really any escaping from it.

Some people went after me the first time for focusing on the economy instead of health crisis. I never said the economy was more important than the health crisis because it's not. That doesn't mean we can't have an honest discussion on what the long term economic effects of the Coronavirus will be.

[Post edited by graycalhoo at 04/01/2020 11:30AM]

Link: Here's what some of you said 2 1/2 weeks ago.

Posted: 04/01/2020 at 11:28AM

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Current Thread:

So I asked on 3/15 how fucked is our economy. Not many seemed that -- graycalhoo 04/01/2020 11:28AM

I think people and markets are still in the process of coming to -- hoodeyo 04/01/2020 2:19PM

I think we had gotten ourselves into a bubble. If the DOW dropped -- Shenhoo 04/01/2020 2:31PM

I think you're right and were right all along. Most people would rather -- Charleston Cav 04/01/2020 1:13PM

Disaster. it will be interesting to see how we find ways to spread -- Capital City Hoo 04/01/2020 1:00PM

I have also been pessimistic about the economic impact of this from early -- RickPerry 04/01/2020 12:08PM

I really have no idea about the markets. Started selling in early Feb, out -- 81_Hokie 04/01/2020 12:35PM

We should have copied Europe. Pay companies to keep people employed -- WahooMatt05 04/01/2020 11:40AM

It will make the rebound easier I think. ** -- KCHoo 04/01/2020 12:06PM

That is what the Payroll Protection program is for; it's just at least 2 -- 111Balz 04/01/2020 11:44AM

What may be the next massive Government initiative could be a huge -- Tuckahokie 04/01/2020 11:39AM

Should have been done. Road are empty....time to pave. ** -- GoochlandHoo 04/01/2020 11:58AM

I just don't see service industry people vieing for those jobs. I could be -- graycalhoo 04/01/2020 11:49AM

Maybe. That depends on what % of businesses existing on March 1 2020 come -- 111Balz 04/01/2020 11:46AM

It will be very fast -- Beerman 04/01/2020 11:50AM

Yeah I think that’s the most likely scenario. ** -- 111Balz 04/01/2020 12:00PM

Is it infrastructure week again? ** -- wahoo138 04/01/2020 11:41AM

What's a few more trillion on the pile? ** -- Beerman 04/01/2020 11:51AM

This time it might actually have legs... ** -- Tuckahokie 04/01/2020 11:43AM

With Moscow Mitch in charge? Laughable. ** -- WaxHoo 04/01/2020 11:46AM

Shovel ready jobs, yeah ** -- wahoo138 04/01/2020 11:45AM

I had my standard great, succinct take. Well done ryno hoo! ** -- ryno hoo 04/01/2020 11:33AM

I'm sad because my comments were pessimistic and they held up -- Faz d. Hoo 04/01/2020 11:33AM

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