Agree 100%. I don’t see things really ever going back to the way they were before this. The economic implications are going to be pretty crazy. I agree that people will be very hesitant to go back to previous levels of spending (which were insane frankly). I also think people are underestimating the long term consequences of this. Is anyone going to want to go to a crowded restaurant, bar, movie theater, shop after this trauma? I kind of think the answer to that is no.
Even with the stimulus a huge percentage of US corporations as currently structured are not going to be solvent.
Yep. I’m not spending squat either these days. Nothing on gas, or entertainment. No restaurants or clothing. I would like to upgrade the wardrobe when this is done, but for now, I’m essentially paying bills and going to the grocery store and that’s it. Restaurants, if they do reopen, will likely do so with smaller staffs, for there will be fewer customers. Other places will not see any more business than they did before the shutdown.
I like how this article is baffled that people are spending less money at target and Costco, thinking it’s some sort of shift in “stockpiling behavior” and not because the economy is tanking and we’re all locked down. Oh you mean people aren’t walking around target impulse buying bathroom towels and new toasters anymore?!? The horror.
That’s the federal law. There is a California train wrecking law too, which carries a potential death sentence:
219.
Every person who unlawfully throws out a switch, removes a rail, or places any obstruction on any railroad with the intention of derailing any passenger, freight or other train, car or engine and thus derails the same, or who unlawfully places any dynamite or other explosive material or any other obstruction upon or near the track of any railroad with the intention of blowing up or derailing any such train, car or engine and thus blows up or derails the same, or who unlawfully sets fire to any railroad bridge or trestle over which any such train, car or engine must pass with the intention of wrecking such train, car or engine, and thus wrecks the same, is guilty of a felony and punishable with death or imprisonment in the state prison for life without possibility of parole in cases where any person suffers death as a proximate result thereof, or imprisonment in the state prison for life with the possibility of parole, in cases where no person suffers death as a proximate result thereof. The penalty shall be determined pursuant to Sections 190.3 and 190.4.
Gotta make sure we have a MILITARY man in charge of procuring supplies, because the regular bean-counting bureaucrats don’t have that MILITARY experience we need.