Quote:
Originally Posted by Giantone
Not being argumentative here but I know no one like that . I'm the sole republican in my household and none of the kids their spouse's or friends feel that way nor do any Democratic friends I have.They know their money and savings are all tied up in the economy a great economy is good for all ,it was great under Obama when he brought it back after 08 and while I despise trump and thankfully many republicans are jumping ship on him it's not about him, the economy will come back,the market was due a correction anyway.
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It is going to take a long,long time. The change in people's future spending habits is going to put a lot of businesses out of business. We already have had a lot of restaurants permanently close, many of those that survived so far aren't doing well. I went in a Subway and got a sandwich yesterday, even though the parking lot was jam packed with people who were probably grocery shopping I was the only one in the Subway and the whole time I exited and ate the sandwich in my vehicle no one else went in.
The local McDonald's which is a stone's throw from I-95 is usually jam packed on Friday-Saturday-Sunday, no matter what time of day. When I drove past there at 3pm today on the way to the bank there were two cars in the drive thru line.
I suppose I have to take the good with the bad as it seems on average the Corona-virus adds 5-10 unpaid hours to my business week. Most of that is using Fedex because the post office is no longer reliable. Also customer service from vendors has gotten real bad with most of them. On the good side I do not have to wait in long lines for takeout food. Unfortunately that is not sustainable, as no one in line for food equals out of business soon.