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“Pumping up the economy” Was kind of pointless when nothing is open.

• JumpCrisscross 6y ago
  > “Pumping up the economy” Was kind of pointless when nothing is open Based on these figures, over 90% of the economy was open.
  • badmadrad 6y ago
    "open" yes but severely hampered by government regulations and media fear.
    • JumpCrisscross 6y ago
      > but severely hampered by government regulations and media fear Activity is down 9.5%. That means over 90% of the economy is working fine. “Severely hampered” is in the 9.5%. Most of the economy simply does not require people to be running around and congregating anymore. It’s automated or knowledge based. The 1950s view of our economy is part of the reason we’re seeing more damage than other countries.
      • badmadrad 6y ago
        There are billion dollar industries dependent of congregating. Hospitality/Hotels Conventions Restaurant/Bars Movie Theaters, Opera, Musicals Museums I could go on.
        • JumpCrisscross 6y ago
          > There are billion dollar industries dependent of congregating Again, they’re in that 9.5%. The economy is many trillions of dollars large. Nobody is saying 9.5% is fine. But the 90% isn’t hampered or cowering in fear. It’s producing.
  • YourMatt 6y ago
    I did my part by holding on to the money. We took a vacation a few weeks ago and spent it that way. I think we're in the vast minority though. The stimulus really should have been held so the money could go to businesses as they reopened. As for the vacation, we drove to our destination (a resort in San Diego). We disinfected the room ourselves before moving in. We canceled daily cleaning. We avoided crowds and stayed masked up. People are critical of vacationing right now, and rightly so, but it can still be done in a safe way.
• deleted 6y ago
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