March Madness and Covid-19

[steverocks35]

And what you've described is the overarching issue. However, I don't believe that every county/locale is going to end up like New York or other high density population areas. If you live in NYC, you live on top of someone and someone lives on top of you. Also, you ride elevators frequently which are basically "infection boxes" in and of themselves. The infection is going to spread faster in those environments. From a statistical standpoint, we almost need to treat these specific high density areas as their own micro epidemiological models.....maybe even down to the city. I don't know if this is being done or not. But logic tells you that the cases/deaths will be much higher in these areas. What I don't know is if the math/ratios translate over into less populated areas where people aren't coming into as much contact with the amount of people that you would in a large city.

Nope, we are already seeing the cases rise day by day here in Oklahoma, it's all or nothing.

 

[BoulderSooner]

Again, we are the richest country in the world. We pay for many wars like it's nothing, we can pay for this, if we have the will and the leadership. We will see about that last part.

we really can't and it is not that simple in any event ..

the entire corprate structure is built on debt ... and the faith of the dollar

even the most blue chip companies borrow money daily to operate

most companies can't survie a weeks long shut down (see all the restaurants that have closed in another 30 days over 60% of them will never reopen )

almost no small business can survive a 60 day shutdown (these employ most of the country) thus most of their employees will be let go ..

now we have 50+ million with no jobs that is in 60 days from today

they can't spend money they don't have now this hurt every company that is left changing their cash position then credit ratings ect ect ect until the entire system crashes

the Fed can keep throwing trillion dollars bullets but at some point it won't matter ..

 

[thebigabd]

We have never paid for a war like this could be. And to the point how much of your wealth are you willing to give up for the cause? If you want others to do as such then it is fitting that you do as well.

Tax dollars are "our" wealth... Steve, Boulder, and yourself don't have to empty your bank accounts. It's not like someone is going to write a personal check to the CDC or something.

I already posted the low-hanging fruit.

• Stop enforcing marijuana prohibition
• Let thousands of non-violent people in jail out (which is being done to a small degree)
• Cut off large parts of military spending temporarily
• Redirect tariff money
• Close up tax loopholes that generate significant more tax revenue
• Consider a temporary tax increase to fund stimulus measures

All countries increase/decrease taxation in times of war and crisis. This has been done throughout history. Not any different here.

 

[BoulderSooner]

Are you willing to die so my 401K won't go down as much?

it has nothing to do with your or anyones 401k

 

[BoulderSooner]

Tax dollars are "our" wealth... Steve, Boulder, and yourself don't have to empty your bank accounts. It's not like someone is going to write a personal check to the CDC or something.

I already posted the low-hanging fruit.

• Stop enforcing marijuana prohibition
• Let thousands of non-violent people in jail out (which is being done to a small degree)
• Cut off large parts of military spending temporarily
• Redirect tariff money
• Close up tax loopholes that generate significant more tax revenue
• Consider a temporary tax increase to fund stimulus measures

All countries increase/decrease taxation in times of war and crisis. This has been done throughout history. Not any different here.

that does nothing
increase in taxes?? no one will have a job to buy anything

... 1 trillion a month in the short term just may extend us a little longer


your post is the example i should use when i say people don't have a concept of how bad this could get

 

[sheepdogs1]

Are you willing to die so my 401K won't go down as much?

I mean if we used your point of view then I should have donated my disposable wealth previously so things like cancer could be fought in a more efficient manner. I mean when is it the opportune time for people to help as much as they can.

 

[steverocks35]

it has nothing to do with your or anyones 401k

Okay I'll rephrase that, are you willing to die so the unemployment rate is only 15% instead of 30%?

And make no mistake, it could be any one of us.

 

[BCSooners]

How have we not postponed mortgages & car payments?

 

[hoopsaustin]

I saw that, it really starts to hit home when you realize how hardy the virus is. It makes me doubt the theory that the cases will lessen in the summertime.

"the researchers wrote, adding that the finding doesn’t necessarily mean the virus spread by surface.

The CDC said researchers couldn’t “determine whether transmission occurred from contaminated surfaces,” and that further study of COVID-19′s spread through touching surfaces on cruise ships was warranted."

No flawed study analysis/critiques this time? Hmm. wonder why..

It is very noteworthy, but we barely know anything still

 

[stormspencer]

Nope, we are already seeing the cases rise day by day here in Oklahoma, it's all or nothing.

Yes....cases will rise as more people are tested. However, I have yet to see anything statistical that tells me the saturation level of cases will be the same in lower population areas or where people are more spread out as compared to places like NYC. That was my question/inquiry.

 

[BoulderSooner]

How have we not postponed mortgages & car payments?

because the holders of those things can't afford that if it is across the board

 

[BCSooners]

because the holders of those things can't afford that if it is across the board

Canada has done it

 

[steverocks35]

"the researchers wrote, adding that the finding doesn’t necessarily mean the virus spread by surface.

The CDC said researchers couldn’t “determine whether transmission occurred from contaminated surfaces,” and that further study of COVID-19′s spread through touching surfaces on cruise ships was warranted."

No flawed study analysis/critiques this time? Hmm. wonder why..

It is very noteworthy, but we barely know anything still

I didn't come to any firm conclusions based on the article, I commented on the hardiness of the virus. If they are finding it on surfaces that many days later it should raise alarm bells. If it's viable for half that time it's very very concerning.

Thanks for the attempt at a GOTCHA! Always fun and adds a great deal to the discourse.

 

[hoopsaustin]

Nope, we are already seeing the cases rise day by day here in Oklahoma, it's all or nothing.

Cases rising = Boom - total refutation of his reasonable and rational analysis...

 

[thebigabd]

How have we not postponed mortgages & car payments?

Great question.

I got a nice email from Wells Fargo telling me how they are here to help. It was hysterical. It basically said, "we know times are tough with Covid-19, but at Wells Fargo we are here to help you. We offer mobile banking where you can easily make payments, review account information, open new accounts, etc from your phone or computer"....

I am not unemployed, but I just thought their message was funny.... Hey, we know you may have no income to pay us, but hey, we are helping you by offering you mobile banking so you can pay us without going into a branch! That is cool, right?

 

[BoulderSooner]

Okay I'll rephrase that, are you willing to die so the unemployment rate is only 15% instead of 30%?

And make no mistake, it could be any one of us.

no we are saying keep in at 25-30% (that is getting closer and closer to a given)

and not end our entire system

 

[steverocks35]

Yes....cases will rise as more people are tested. However, I have yet to see anything statistical that tells me the saturation level of cases will be the same in lower population areas or where people are more spread out as compared to places like NYC. That was my question/inquiry.

It will take longer to saturate those areas, but they will saturate. Just look at Italy.

 

[steverocks35]

no we are saying keep in at 25-30% (that is getting closer and closer to a given)

and not end our entire system

How many deaths are you willing to trade for that? Your own life?

 

[thebigabd]

no we are saying keep in at 25-30% (that is getting closer and closer to a given)

and not end our entire system

Really speaks to how fragile the system is, doesn't it? People stop working for 7-15 days and you are literally facing national destruction.

 

[sheepdogs1]

we really can't and it is not that simple in any event ..

the entire corprate structure is built on debt ... and the faith of the dollar

even the most blue chip companies borrow money daily to operate

most companies can't survie a weeks long shut down (see all the restaurants that have closed in another 30 days over 60% of them will never reopen )

almost no small business can survive a 60 day shutdown (these employ most of the country) thus most of their employees will be let go ..

now we have 50+ million with no jobs that is in 60 days from today

they can't spend money they don't have now this hurt every company that is left changing their cash position then credit ratings ect ect ect until the entire system crashes

the Fed can keep throwing trillion dollars bullets but at some point it won't matter ..

And this is what separates the "wheat from the chaff." For example, if I were to board a plane I would rather board a plane operated by pilots who know well as opposed to mean well for if they mean well then I, in addition to others, will be just a memory. The point is there are those who "know well" and there are those who "mean well" and what the latter does not understand is just purely meaning well has no value unless it is paired with knowledge. I mean in and of itself is has no determinant value whatsoever!


For those who disagree then board that plane piloted by those who mean well. Have your car serviced by those who mean well. See a dentist who means well. It would be sayonara for most is the end conclusion.