(04-22-2020, 05:13 PM)2006alum Wrote:(04-22-2020, 02:55 PM)Mick Wrote:(04-22-2020, 02:04 PM)cardcrimson Wrote:(04-22-2020, 01:51 PM)stupac2 Wrote: Here's a very thorough look at why simply saying that businesses can reopen won't help much, if at all: https://www.vox.com/2020/4/22/21228651/o...c-shutdown
And it's worth noting that nothing in there assumes that reopening earlier will lead to more cases. If it does (as is widely suspected) then the outlook would be even worse.
Wow. In other news, water is wet.
Of course businesses that open won't have customers beating the doors down to get in. It will take time, and I'm guessing the governors and the president have figured that out. Start slowly, correct?
The customers won't show up because they don't have any money. They don't have any money because 22 million have been laid off. Oh excuse me, as of tomorrow morning, another 4.5 million will be laid off.
What do you propose instead? I think I've asked you this in probably a half dozen threads, and you never answer. What, specifically, would you do? What businesses should re-open? How should we handle the lack of PPE? Since the burden of reopening falls hardest on low-income service workers, how do we as a society help shoulder the costs in lives and illnesses that they are likely to incur?
And let's start with your firm - what would you tell your bosses to do to "reopen" the economy? What are they unnecessarily holding back from doing to restart their business, in your opinion?
OK, let's start with my firm. We have a committee to return to work, I serve on it, along with about 20 of my peers from various staffing functions. Our head of security heads up the committee, as he should. We are planning for anything from a 10% to 40% dip this quarter (annualized), with a "V"-shaped rebound to revenue normalcy in Q3, starting July 1. We're reaching out to clients regularly in anticipation of the explosive economic rebound that everyone on this board swears will happen. I run sales and marketing, so it better happen. If we have the "Nike swoosh" recovery or the "W" shaped recovery, then there will be more layoffs, throughout America. I saw a 60 million unemployed prediction. It isn't far-fetched or worst-case in my opinion.
As for what I propose, I proposed it two weeks ago. Summarized in a sentence, it isn't any different than anyone advocates on this board: I advocate using every measure of caution without going overboard. But we all have different definitions of overboard. We need to go back to work, or there won't be an America to return to. Frankly, it's probably already too late.
https://thecardboard.org/board/showthread.php?tid=19370
Tomorrow's 4.5 million will mean 26.534 million unemployed in just six weeks. That takes America to over 16% unemployed. That's a little over 500 jobs lost, about 1,500 lives ruined for every COVID-19 death in America to date.
Audaces fortuna iuvat
