Coronavirus (political)


MTK
04-22-2020, 08:33 AM
Here are the largest public companies taking payroll loans meant for small businesses (https://www.cnbc.com/2020/04/21/large-public-companies-are-taking-small-businesses-payroll-loans.html)

Buffalo Bob
04-22-2020, 09:15 AM
Here are the largest public companies taking payroll loans meant for small businesses (https://www.cnbc.com/2020/04/21/large-public-companies-are-taking-small-businesses-payroll-loans.html)

I would be willing to venture an educated guess many of those companies on that list are suffering no ill effects from the Corona-virus or it has little impact on them.

mooby
04-22-2020, 09:18 AM
Here are the largest public companies taking payroll loans meant for small businesses (https://www.cnbc.com/2020/04/21/large-public-companies-are-taking-small-businesses-payroll-loans.html)

It's a win/win, Trump gets to claim he's trying to help Americans but it's the banks fault for prioritizing those customers.

MTK
04-22-2020, 09:27 AM
It's a win/win, Trump gets to claim he's trying to help Americans but it's the banks fault for prioritizing those customers.

Yeah always someone to blame built right in

Chico23231
04-23-2020, 06:46 AM
https://www.cnbc.com/2020/04/22/she-got-a-paycheck-protection-loan-her-employees-hate-her-for-it.html?__source=sharebar|twitter&par=sharebar

She got a forgivable loan. Her employees hate her for it.

Read several stories like this so far...

Buffalo Bob
04-23-2020, 08:40 AM
https://www.cnbc.com/2020/04/22/she-got-a-paycheck-protection-loan-her-employees-hate-her-for-it.html?__source=sharebar|twitter&par=sharebar

She got a forgivable loan. Her employees hate her for it.

Read several stories like this so far...

I haven't known anyone that collected unemployment in ages and I personally collected it once and that was 40 years ago. I thought unemployment only paid about 1/2 a person's typical take home pay if they were making modest wages and way less than 1/2 if you were a high earner. In that article people believe they make more on unemployment than working, is that correct? Did unemployment befits rates increase? If so when, or is this just because of the pandemic?

Giantone
04-23-2020, 08:48 AM
All due respect to you, but you are wrong about it being BS. I'm not having a sky is falling attitude on that statement, i am looking at the numbers. The numbers simply do not lie.

LOL, they most certainly do.

MTK
04-23-2020, 09:06 AM
The Second Phase of Unemployment Will Be Harsher (https://www.theatlantic.com/ideas/archive/2020/04/americas-compassion-for-the-unemployed-wont-last/610243/)

SolidSnake84
04-23-2020, 09:58 AM
LOL, they most certainly do.

So you feel the numbers being publicized about unemployment are not accurate? How so? Are they too high or too low than what is being reported weekly / monthly, etc...

MTK
04-23-2020, 10:02 AM
Remember the good old pre-election days when Trump said the unemployment rate was over 30%... now it's coming true lol

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