Are YOU ready to stop the "lock down" over Corona Virus.

I agree. I'm willing to bet a ton of money that many of them are the same people that use to state that only irresponsible people don't make saving a priority. They are the people screaming the loudest that people are starving right now due to a lack of paycheck. I'm merely pointing out hypocrisy. Partisans always base their opinions on what makes them look best. It's only fact-based when it suits their agenda. All partisans do it.

 

Less Likely With Our Society Standard

Shift from Saving to "Credit"​

We need decent interest on savings accounts.
Decent is 4 - 5%
At least for the first $200,000.

 

Not all people unfortunately. We have 20 million unemployed because of the lockdown - most of them in large cities. I haven't made any meaningful change in my life and activities except separating myself further from other people when I am around them at the post office or a store. That isn't much of an issue at all. I go out when I want to go out. I shop when I want to shop. I am waiting for the hospitals to open so I can get my aneurysm surgery but that will happen soon enough.

I didn't close my e-commerce business and it has been just fine so far. UPS and the USPS have been pretty much on schedule. Life is pretty normal out here in the country unlike the big cities.

 

I'm in a smallish city that serves the rural areas for 100 miles in 3 directions.
My store got extremely busy, black friday busy from the get go, as soon as we were o e of the only stores still open.
I have experienced no lockdown.

 

Or more accurately you accepted no lockdown.

 

I go to work every day, as usual.
My wife is a college administrator, she will work from home for the foreseeable future.
Except for spending less $ on eating out and gasoline, our lives haven't really changed.

 

I had no choice i had to work..

 

Of course. You did the right thing.

 

Now if i could do everything else right...

 

Yes. The elderly and those with serious health issues like cardiovascular and respiratory disease should stay hunkered down and practice good hygiene. The remainder should go about their business, catch it and get over it, build antibodies and provide the firewall that insulates the rest of us. When a vaccine is developed, we can all get the shot. And all will be well as far as that goes. At that point, life or living with virus's will be no more threatening than the seasonal flu.

 

If you think everything lies at Trump's feet, you would have been singing his praises when the economy was at it's peak. Were you? I suspect not.

 

https://www.patheos.com/blogs/progr...risis-proves-republicans-were-never-pro-life/

 

the economy was never at a peak under Trump, or the debt would not of been going higher and higher, the fed would have raised interest rates and the fed would not of been dumping billions into the economy to keep it afloat

 

I think many have concerns if they get sick at work for a couple of weeks or more, right now they have unemployment, maybe best to get it while on unemployment, before returning to work... but then again that would depend on if they need to work to have health insurance

who knows, could be the reason people out protesting and stuff, trying to catch it for that very reason

 

Odd that these corona walking little distancers want doctors, nurses and healthcare workers spreading the disease to each other and their families

 

Slight derailing here I apologize but we bid our kitchen remodel just last week. Is it weird that I'm struggling to find more than one kitchen guy that knows how to relaminate? We want to repair some minor issues on the cabinet boxes then do a reface. Back when we first had everything relaminate back in 2005 everyone knew how to do it, now it seems like a lost art.

Only found 1 guy that will do it, somewhat pricey , the other guy wanted to paint them. Now that I have a Baseline price if made a couple calls asking about laminate replacement and they keep saying no.

Am I just being lazy and need to keep digging for the right guy or is it just not done that often these days?

 

Just because it's possible doesn't mean that it's done often enough. Also I think we all have a different perception of what an emergency fund really is.

If someone is making decent or better money and ignores savings, cashflow, and ira/401k to get nicer toys then I have little sympathy.

I like to save and live modestly but still eventually will be selling investment assets to make up for income drops if the recession sticks. I won't be to that stage for months but it's out there... in theory I could shed assets for s couple years and do nothing more than move set planned retirement back a bit.

so its perspective, for example there are many (I assume) that are crying poor but have a good chunk in a 401k that they havent tapped yet, or havent considered trading that nice car payment in for a corolla, etc.

I think a lot of us have been spoiled and don't really know what poverty is like. it's not being a month behind on a 40k suv. You would think after the 07 recession that we'd learn. It certainly woke me up!

 

The spending drop has been nice eh? I used to eat lunch out almost daily, dinners maybe 1x a week. Cancelled a cruise, a concert trip, a vacation to visit relatives, dropped some cable channels, driving less, govt sends me stimulus (x2) that we didnt need. It's been a dam profitable 6 weeks to be honest.

My parents (retired) said they are spending about $1,000 a month less, I'm thinking I'm between 800-900.

January I'll probably be singing a different tine but so far so good.

 

Just a couple of problems with that. It is not yet known to what extent people who have had the disease are actually immune or for how long. Secondly, those healthy people who just "go about their business" and pick up the bug can infect others who are high risk, possibly family members.

 

The local news media has shown video of people lined up to get food from the local food banks...
... in new(er) Suburbans, Tahoe, GLBs. GLCs....

 

How many viruses do humans not develop immunity from?
Do you -really- want to argue we need to shut down the economy until we're sure we do?
And, let's say we -don-t develop immunity -- at that point, why not open every back up immediately?

 

Ya. In addition to a bag of food. A valuable service might be a KBB printout on their cars value, maybe the light would go off on where they made bad financial decisions.

Mine would be about $2750, which is less than the typical down payment and probably less than the sales tax paid on that nice suv.

I havent even thought about a food bank, coincidence?

 

True. But we use a similar procedure with the flu virus which still kills between 25 and 80 thousand Americans in the same risk group (as corona virus) every year. It's a trade off. Problem is, it isn't about what people want to do, but what they have to do. People have to pay bills, governments have to have revenue, products have to be on the shelves, the economy has to keep turning, and life has to go on.

 

I did not say that we should keep everything shut down until we are sure about immunity so spare me the straw man fallacy bull.

The fact is that there are questions about immunity to THIS virus. And you failed to address my concern about those healthy people who get themselves infected bringing it home to an at risk person

 

So what then was your point?