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If economic impacts to less-well-off people continue, though, we're going to see significant impacts on consumer spending. If economic impacts wipe out every sm
by kaitai 7y ago
If economic impacts to less-well-off people continue, though, we're going to see significant impacts on consumer spending. If economic impacts wipe out every small business without enough cash to stay afloat for 2 stressed months, we're going to see significant consumer spending, employment, and consumption impacts. Fine, everything will rebound in eight weeks... except for my local taco place, ramen place, pizza place, sporting goods place, and bookstores, which can't pay their rent for two months given a huge reduction in business.
- tjs8rj 7y agoExcept local and state Govs have thought of that. Many localities and states have rolled out rent-freezes and interest-free loans to stop-gap those issues.