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Coronavirus death toll estimation USA
By volkom 2020-07-12 01:22:41
if these numbers are accurate~
https://www.cnbc.com/2018/09/27/heres-how-much-money-americans-have-in-savings-at-every-income-level.html#:~:text=The%20average%20American%20household%20has,American%20household%20has%20only%20%2411%2C700.
How long can a family last on their savings + any government stimulus?
we had a lot of people laid off, positions terminated, companies and businesses that went under because they couldn't handle a WFH environment or could allow their business to remain open in the lockdown period.
You can't really keep your family fed and healthy if you don't have money. and you may not have that much money left over after all the bills are paid.
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By Prong 2020-07-12 01:46:19
Prong, the republican party and its media wing have been pushing necroeconomics from the start.
People must die to save Trump's economy!
Masks are an infringement on my FREEDOM!!!
It isn't going to get saved and haven't enough people died already?
Do you want to die of covid? Do you think it will own the libs if you do?
I would like it if fewer people voted republican but I DO NOT WANT THEM TO DIE TO DO IT.
I just find it odd how liberals all the sudden, only since Obama was elected (can't imagine why) have started acting like they are the party of following orders, listening to authority. Liberals have been, "fightin' the MAN" since the 60's, now you're going to act like it's Republicans who are always out to buck the system?
If you want to focus your agitation towards CURRENT conservative attitudes towards mask wearing, then focus your comments more. You just have this tendency in your comments to make these absolute statements, "always, never" etc, that end up just making your comments not true.
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By Prong 2020-07-12 01:53:23
I'm glad you brought this up.
A day or so ago, a story about Robert De Niro graced the internet about how his lawyer is now claiming the Covid lockdown has put his client in financial stress.
De Niro, who as of 2020 records had a net worth of over $500 mill. been a blockbuster paid-level actor for decades. If even HE can't weather 4 or 5 months of Covid-related financial issues, how in the f'n world does our media call small business owners and middle/low class screaming about shutdowns, "selfish?" The younger, tech, liberal crowd doesn't seem to quite understand that there really aren't THAT many industries where, "working from home" is even an option and there are more people in this country who live check to check than there aren't.
If someone who was worth $500 mill (crappy divorce or not) is having financial issues after a half year of this, just imagine how many out there literally are holding a gun to their head every morning they wake up because they've lost all hope?
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Asura.Eiryl
By Asura.Eiryl 2020-07-12 03:05:01
This is why there will be wage riots the first week of August. Ain't no one gonna want to go back to $8 an hour 40 hours a week. Can't even make progress. And now that they've seen what $19 an hour looks like, expect serious push back.
“29 percent of households have less than $1,000 in savings.” Yay American Dream, Yay soul crushing Capitalism!
As far as De Niro, his "financial woes" are dramatically different. Awe ***, no 10,000 dollar caviar tonight. Gee Whizz.
Asura.Eiryl
By Asura.Eiryl 2020-07-12 03:20:18
Before even getting into the probably 10 million evictions that happen on august 1st.
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By Asura.Kingnobody 2020-07-12 07:54:33
Prong, the republican party and its media wing have been pushing necroeconomics from the start.
People must die to save Trump's economy!
Masks are an infringement on my FREEDOM!!!
It isn't going to get saved and haven't enough people died already?
Do you want to die of covid? Do you think it will own the libs if you do?
I would like it if fewer people voted republican but I DO NOT WANT THEM TO DIE TO DO IT. Wow, so much wrong with this post. I swear, it's like it was spoken by a true socialist.
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By Asura.Kingnobody 2020-07-12 07:56:55
“29 percent of households have less than $1,000 in savings.” Yay American Dream, Yay soul crushing Capitalism! Said somebody who prefers fascism over capitalism. You see "29% have less than $1,000 in savings, so it must be 100%" and I see "71% of households have more than $1,000 in savings, which shows that capitalism works, even when it helps out lower classes"
Just admit it, you want to redistribute wealth so everyone can be poor, not just you and your ilk who are poor by choice.
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Garuda.Chanti
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By Garuda.Chanti 2020-07-12 13:19:31
Florida shatters US record of single-day Covid-19 cases
Quote: (CNN)The Florida Department of Health reported 15,299 new Covid-19 cases Sunday, the highest number of new cases reported in a single day by any state since the coronavirus pandemic began.
The previous record -- also set by Florida -- came on July 4, with 11,434 new cases reported, according to data from Johns Hopkins University.
The test positivity rate in Florida is 19.60%, according to JHU statistics.... I have a sister who lives on FL's SE coast and works in a hospital. She is also a FOX believer. I worry about her.
Leviathan.Andret
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By Leviathan.Andret 2020-07-12 17:01:26
“29 percent of households have less than $1,000 in savings.” Yay American Dream, Yay soul crushing Capitalism! Said somebody who prefers fascism over capitalism. You see "29% have less than $1,000 in savings, so it must be 100%" and I see "71% of households have more than $1,000 in savings, which shows that capitalism works, even when it helps out lower classes"
Just admit it, you want to redistribute wealth so everyone can be poor, not just you and your ilk who are poor by choice.
I think redistribute wealth would be a great idea if you could get the other guy to give up his wealth for the people. Normally people did it through war and revolution. Not that the wealth would flow to the people but more to the pockets of the winner though.
Not that's important. Everyone with a brain can see where the economy is going. It's not capitalism or socialism. Both the government and the central are trying to swing every stick they have to 'save' the economy.
Every moron now realize the government is going with socialist and capitalist solutions to save the economy because pure capitalism would simply allow the economy to sort itself out. Stimulus checks and unemployment benefits are fiscal policies that tend to align with socialists. Normally, fiscal spending would be on some sort of 'projects' to stimulate the economy. On the other hand, the central bank is printing tons of money. This is a normal action but it would drastically benefits capitalists in the long run because it tend to raise the inflation rate long term (hences stock market has been raising).
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By Asura.Kingnobody 2020-07-12 17:21:43
I think redistribute wealth would be a great idea if you could get the other guy to give up his wealth for the people. Normally people did it through war and revolution. Not that the wealth would flow to the people but more to the pockets of the winner though. 2 problems:
1) How can you distribute wealth equally to those who's efforts are unequal?
2) How can you incentive anyone into contributing to society through products and services if you are going to punish them for providing products and services that people want? That is the very definition of wealth....
Wealth redistribution requires you to take away from those who earned it and give it to those who refused to earn it. Not only is that the very concept, it is the very nature of the term.
Why should I do any more than the laziest person, if we are going to get the same benefits?
Not that's important. Everyone with a brain can see where the economy is going. It's not capitalism or socialism. Both the government and the central are trying to swing every stick they have to 'save' the economy. I know where this economy is going, but please, enlighten us.
Stimulus checks and unemployment benefits are fiscal policies that tend to align with socialists. The problem with that notion is that you refuse to accept that charity can be both a capitalist and socialist event. The stimulus checks are supposed to be a temporary event, which, by the looks of it, is. The extra unemployment benefits are supposed to expire by the end of the month. Same as unemployment benefits, which can be a capitalist event, due to the fact that it is the charity of successful businesses that allows them to help pay people who are temporarily unable to work a small benefit.
Stimulus checks and unemployment benefits are not there to support a person. They are there to (in the case of stimulus checks) help a person get through a rough time and (in the case of unemployment benefits) between jobs.
On the other hand, the central bank is printing tons of money. This is a normal action but it would drastically benefits capitalists in the long run because it tend to raise the inflation rate long term (hences stock market has been raising). Stock market has been rising because more and more places are reopening, the only reason why it dropped by a 1/3rd is because everything shut down. When we fully open and everyone gets back to work, and unemployment gets back to normal, the stock market will be right back to where it was before all this ***happened.
As for the Fed printing money, well, that is a very stupid mistake for long-term. Have to see how they are going to deal with hyper-inflation....
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Asura.Saevel
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By Asura.Saevel 2020-07-12 17:53:09
Stock market has been rising because more and more places are reopening, the only reason why it dropped by a 1/3rd is because everything shut down. When we fully open and everyone gets back to work, and unemployment gets back to normal, the stock market will be right back to where it was before all this ***happened.
I said back when this all started that the US Economy was fundamentally sound and doing extremely well under President Trump. The Pandemic is a natural disaster the same as hurricanes, earthquakes and tsunamis, just on a global scale. In that scenario we expect extraordinary measures to be taken to get through it and continue where we left off.
This is actually why Democrats want to keep the economy shutdown as long as possible. The longer it's turned off the more economic damage will happen that they can then try to use again Trump in the November elections. I'ts not about what's best for the country, it's about whats best for Biden's election chances.
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By Viciouss 2020-07-12 17:59:33
I love that conspiracy theory. Its not my favorite, but its getting up there.
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By Asura.Kingnobody 2020-07-12 18:01:25
So said the parrot of the Democrat propaganda machine.
Garuda.Chanti
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By Garuda.Chanti 2020-07-12 18:05:28
...
Not that's important. Everyone with a brain can see where the economy is going. It's not capitalism or socialism. Both the government and the central are trying to swing every stick they have to 'save' the economy.... There is a name for the economic system we are slipping into. No hyperbole, it is called fascism.
The state runs the economy for the corporations and the wealthy.
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By Asura.Kingnobody 2020-07-12 18:10:41
There is a name for the economic system we are slipping into. No hyperbole, it is called fascism. You are correct, but it's not because of anything the government is currently doing.
It's all the liberals and the "woke" class that's creating this version of fascism. Sad thing is, they can't see it.
And I doubt you can either.
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Siren.Mosin
By Siren.Mosin 2020-07-12 18:19:32
we just just all get it and die.
let the kids live their lives.
By Prong 2020-07-12 19:40:17
we just just all get it and die.
let the kids live their lives.
Again, no, leaving the world to people who eat Tide Pods, think delusional men should be able to shower in communal locker rooms with girls and think simply calling yourself anti-fascist means you are is the absolute worst thing we could do as a society.
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Siren.Mosin
By Siren.Mosin 2020-07-12 20:32:19
just because you think they’re all ***, doesn’t mean that they are. I’ve met some sane ones.
By Viciouss 2020-07-12 20:37:08
Not in south Dakota you haven't.
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By Drama Torama 2020-07-12 21:05:20
I mean, point to a generation that hasn't done stupid crap and *** things up.
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By Asura.Kingnobody 2020-07-12 21:58:46
I mean, point to a generation that hasn't done stupid crap and *** things up. I mean, point to a generation that hasn't done stupid crap and *** things up. Generation L, 1750-1780s
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By Asura.Kingnobody 2020-07-12 21:59:29
ehh, I'm not editing it.
By Prong 2020-07-12 22:04:13
I mean, point to a generation that hasn't done stupid crap and *** things up.
Every generation gets slightly dumber and more worthless. It's just, this one is the dumbest and most worthless. I mean yeah, not ALL of them but, they seem to be trying their hardest to prove that wrong, too.
Leviathan.Andret
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By Leviathan.Andret 2020-07-12 22:13:02
2 problems:
1) How can you distribute wealth equally to those who's efforts are unequal?
2) How can you incentive anyone into contributing to society through products and services if you are going to punish them for providing products and services that people want? That is the very definition of wealth....
Wealth redistribution requires you to take away from those who earned it and give it to those who refused to earn it. Not only is that the very concept, it is the very nature of the term.
Why should I do any more than the laziest person, if we are going to get the same benefits?
Good question. I have a 3mil dollars inheritance that is giving me 120k a year by doing nothing. I sit in a fabulous house waiting this thing to blow over. Did I earn it?
It's pretty much irrelevant whether someone earned it not. Efforts don't really equal to earnings.
I know where this economy is going, but please, enlighten us.
Obvious. The rich gets richer and the poor and continue to slave away in misery.
The problem with that notion is that you refuse to accept that charity can be both a capitalist and socialist event. The stimulus checks are supposed to be a temporary event, which, by the looks of it, is. The extra unemployment benefits are supposed to expire by the end of the month. Same as unemployment benefits, which can be a capitalist event, due to the fact that it is the charity of successful businesses that allows them to help pay people who are temporarily unable to work a small benefit.
Stimulus checks and unemployment benefits are not there to support a person. They are there to (in the case of stimulus checks) help a person get through a rough time and (in the case of unemployment benefits) between jobs.
Sounds so good it's almost real. I guess there would be a lot of charity around if they didn't come with a hefty tax cut.
And no. Stimulus check and unemployment benefits are socialist tool. Okay it's more Keynesian tool but the guy is closer to a socialist than the current mainstream capitalism which would demand that you let the market fix itself and don't intervene.
People who get those didn't earned it btw. It's a free lunch.
Stock market has been rising because more and more places are reopening, the only reason why it dropped by a 1/3rd is because everything shut down. When we fully open and everyone gets back to work, and unemployment gets back to normal, the stock market will be right back to where it was before all this ***happened.
As for the Fed printing money, well, that is a very stupid mistake for long-term. Have to see how they are going to deal with hyper-inflation....
No. The stock market is not an indication of the economy.
The stock market is an indication of what people think is going to happen. It's a big difference. It's like a doctor taking your vitals vs asking how you feel. They are both important but very very different.
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By Asura.Kingnobody 2020-07-12 22:37:37
Good question. I have a 3mil dollars inheritance that is giving me 120k a year by doing nothing. I sit in a fabulous house waiting this thing to blow over. Did I earn it? No, you didn't, and obviously you will squander it unless you maintain it.
Maintaining wealth is also the same as earning it.
Also, 3 mil would never earn you 120k a year. You need at least 60 mil to make that much money, and even then, that's at prime interest and/or return rates.
The 3 mil you inherited, you didn't earn, but using that 3 mil to invest smartly in, the income is earned by you.
Obviously, you have no clue what wealth is. Your example proved it.
Obvious. The rich gets richer and the poor and continue to slave away in misery. Does the rich stay rich? Does the poor stay poor? Maybe in Canada, but not in the US.
Rich people who squander their wealth do not stay rich, and poor people who make something of worth do not stay poor. It's that simple.
Sounds so good it's almost real. I guess there would be a lot of charity around if they didn't come with a hefty tax cut. Ok, whatever you say bub. Never mind that with the Pease limitations, the wealthy do not receive much, if any, of their charitable donations as tax benefits. Add to the 2018 tax law limiting itemized deductions, and hardly anyone uses charitable donations. Only because of the COVID act do charitable donations are captured 100%.
But hey, guess what? 2019 charitable donations did not falter at all. I guess all those evil capitalists are keeping their money....oh wait...
And no. Stimulus check and unemployment benefits are socialist tool. Okay it's more Keynesian tool but the guy is closer to a socialist than the current mainstream capitalism which would demand that you let the market fix itself and don't intervene. Extreme much?
There hasn't been a pure capitalist society since...well...forever. The government will always influence the markets no matter what it does, that is the nature of the beast.
Stop sticking your head in the ground and pretend that there is either pure capitalism or pure socialism.
No. The stock market is not an indication of the economy.
The stock market is an indication of what people think is going to happen. It's a big difference. It's like a doctor taking your vitals vs asking how you feel. They are both important but very very different. Not overall economy, but you were the one who used the stock market as an example....
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Garuda.Chanti
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By Garuda.Chanti 2020-07-13 18:40:52
Back on subject....
CDC documents warn full reopening of schools is ‘highest risk’ for virus spread
WTOP news (whoever they are.)
It quotes a NY times article, any NY times subscribers on this thread?
By Viciouss 2020-07-13 18:47:38
California is closing down, and they just said LA and SD schools will be online only this year.
Asura.Eiryl
By Asura.Eiryl 2020-07-13 19:18:32
Opening schools is suicide.
It may not be "overly dangerous" to the kids themselves, but uh duh, they come home to parents. Who then go to work with other people.
It's hard to imagine a timeline dumber than this one.
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Bahamut.Ravael
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By Bahamut.Ravael 2020-07-13 19:50:16
It's only dangerous if the kids are actually effective carriers/transmitters. There is data out there that disputes that notion, but given that even the medical community can't seem to agree on anything about the virus, the truth remains to be seen.
By Viciouss 2020-07-13 20:45:43
I think the most urban areas are going to be very slow to reopen schools. LA did a poll of their teacher's unions and unsurprisingly, 83% said nope. Texas put out its guidelines and they are basically not giving the teachers any choice at all, so as a result they are already starting to quit/refuse to show up.
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