coronavirus

NEW -> Contingent Buyer Assistance Program
qwerty said:
We may be buying time, not sure about less deaths.

The flattening of the curve does not suggest less deaths. It?s the same number of deaths over a longer period of time.
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Actually, flattening the curve does reduce deaths. Because medical resources are not overtaxed, we can give better treatment that will save lives that might otherwise be lost due to unavailability of ventilation equipment, beds, and staff.

We may have less deaths to the extent a vaccine/treatment is found. And if the treatment/vaccine is like what we have for the flu then it may not be of much benefit.
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Yes... and it extends the time for us to find proper treatment to reduce complications that would result in loss of life.

The key is to figure out how to flatten the curve and also keep the economy running.
 
zubs said:
I hear that places like Taiwan and S. Korea are having problems with people returning to normal economic activity.  Restaurants and bars are open, but they are not full like before the virus.

When we re-open here, how many people will go back to the way things were?  Do you think Ding Tai Fung will go back to 2-3 hours waits on Saturdays?  I don't think so.
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They are also bracing for a global recession. In the era of global trades and interconnectedness, no developed country can truly be spared from the pain of  shrinking consumer economies.

 
qwerty said:
The economic ruin was not a certainty, you said it yourself, the lockdown made things much worse than they needed to be. There would have been some slowdown but nowhere near as where we are now. It would have been more along the lines of reduced spending as people perhaps went out less which would have trickled down to perhaps some layoffs,  if it would have looked nothing like it does now.

From an economic perspective the lockdown steepened the downward curve.
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Yes we know lockdown will exacerbate the recession. But we don't know how much.

Japan, one of the biggest 1st world economy that did not lock-down is heading towards a steep recession. Japan just announced a $1 Trillion stimulus.

If you look to Europe, Sweden also didn't lock down but is also heading towards a steep recession. Their GDP contracted 6% in the 2nd quarter on par with ours.



 
morekaos said:
zubs said:
I hear that places like Taiwan and S. Korea are having problems with people returning to normal economic activity.  Restaurants and bars are open, but they are not full like before the virus.

When we re-open here, how many people will go back to the way things were?  Do you think Ding Tai Fung will go back to 2-3 hours waits on Saturdays?  I don't think so.
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Not here in California or New York cause we are a bunch of scared rabbits...but I bet around the country it will get back pretty quick....we shall see.
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Well South Dakota then.  Oh wait,  apparently South Dakota, whose shit just recently hit the fan, has a higher numbers than Orange County.

Orange County: infections per 100,000 residents: 40.8  Deaths per 100,000: 0.6
South Dakota: infections per 100,000 residents: 111.8  Deaths per 100,000: 0.68    Oh yea and the total ass pucker part for South Dakotans, 2/3rds of those infections showed up in the last 5 days...

As their Governor said, it's up to each of them to keep themselves safe and make up their own minds.
 
Coronavirus testing hits dramatic slowdown in U.S.

The number of coronavirus tests analyzed each day by commercial labs in the U.S. plummeted by more than 30 percent over the past week, even though new infections are still surging in many states and officials are desperately trying to ramp up testing so the country can reopen.

One reason for the drop-off may be the narrow testing criteria that the Centers for Disease Control and Prevention last revised in March. The agency?s guidelines prioritize hospitalized patients, health care workers and those thought to be especially vulnerable to the disease, such as the elderly. Health providers have been turning away others in part due to shortages of the swabs used to collect samples.

It?s not clear whether demand has peaked among the groups on the CDC?s priority list. But after being overwhelmed for weeks, commercial labs say they are now sitting with unused testing capacity waiting for samples to arrive.

The continued glitches in the U.S. testing system are threatening to impede attempts to reopen the economy and return to normal life. Expanding testing as much as possible is essential so officials have enough data to determine when it?s safe to lift social distancing measures and allow people to go back to work. Continued testing beyond that point will help officials detect ? and stamp out ? sparks that could set off new outbreaks.
https://www.politico.com/news/2020/04/14/coronavirus-testing-delays-186883

Narrow testing criteria set by CDC, health providers have been turning people away due to shortage of swabs

 
haven't seem the 1200 on my mother's account yet.

my father got his a week ago, though he is out of state.

I suspect it's based in the order of Tax being filed.
 
Anyone else feel a sort of stigma discussing the stimulus check deposit among friends?  Annual household income is basically exposed depending on whether you receive or don't receive the stimulus. 
 
woodburyowner said:
Anyone else feel a sort of stigma discussing the stimulus check deposit among friends?  Annual household income is basically exposed depending on whether you receive or don't receive the stimulus.
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meh..pretty much all my close friends and co-worker knows how much I make.

A few try to be a bit more elusive, but it's not hard to figure out and call out.

I don't need people that feels the need to conceal their income level with me in my life.
 
woodburyowner said:
Anyone else feel a sort of stigma discussing the stimulus check deposit among friends?  Annual household income is basically exposed depending on whether you receive or don't receive the stimulus.
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What you made LAST year or two. Some people report not much income after deductions if they are self employed.

We r not getting a dime cuz last two years in a row we cashed out my hubby's inherited IRA so we wouldn't have mandatory distributions when we collect social security which would reduce our social security benefits. C'est la vie. Best laid plans....
 
Soylent Yellow got a $1,200 deposited today. I asked my little Socialist offspring to give the Cheeto Hitler praise and thanks for pushing this $1,200 through so quickly. Even though Soylent Yellow resides in another County, I could still see the faint afterglow of a mushroom cloud over the horizon from the reaction I got out of that line.

All joking aside, the 2008 stimulus package took about 6 months from inception to delivery. This one was less than a month. Same with the PPP. Pretty amazing for government.

It's doubtful the rest of the Soylent Green's will benefit from this program. If anything did arrive from the Feds, I still can't decide if I'd use the check for a bird handled Mossberg 590 or standard grip Remington 870. Any recommendations?

My .02c
 
Soylent Green Is People said:
Soylent Yellow got a $1,200 deposited today. I asked my little Socialist offspring to give the Cheeto Hitler praise and thanks for pushing this $1,200 through so quickly. Even though Soylent Yellow resides in another County, I could still see the faint afterglow of a mushroom cloud over the horizon from the reaction I got out of that line.

All joking aside, the 2008 stimulus package took about 6 months from inception to delivery. This one was less than a month. Same with the PPP. Pretty amazing for government.

It's doubtful the rest of the Soylent Green's will benefit from this program. If anything did arrive from the Feds, I still can't decide if I'd use the check for a bird handled Mossberg or standard grip Remington. Any recommendations?

My .02c
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what's the point, unless you got a lot of bullet stock up, you will most llikely got the gun, but no bullet to shoot with. National shortage on bullets lol
 
Ready2Downsize said:
We r not getting a dime cuz last two years in a row we cashed out my hubby's inherited IRA so we wouldn't have mandatory distributions when we collect social security which would reduce our social security benefits. C'est la vie. Best laid plans....
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It is also based on your 2020 AGI, so if you don't cash out any IRA's this year, and after you file taxes a year from now, you may receive a check by September 2021!
 
I think it will show up as an unpaid refundable tax credit for 2020, so you'll get a bigger refund (smaller payment) next April.
 
Ready2Downsize said:
so we wouldn't have mandatory distributions when we collect social security which would reduce our social security benefits. C'est la vie. Best laid plans....
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I've never heard of this.  I thought it was earned income that would reduce SS benefits.  IRA RMDs should be exempt.  It would boost your income so more of your SS income would be taxed. 
 
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