4 ms·
> Are the losses temporary due to lockdowns or a sign of an accelerating recession? It's a little hard to know in the moment if a restaurant/store/etc can make
by rtkwe 6y ago
> Are the losses temporary due to lockdowns or a sign of an accelerating recession?
It's a little hard to know in the moment if a restaurant/store/etc can make it through because of the 'fixed' costs like rent (never mind that those could also be addressed but the GOP is suddenly really concerned about the deficit because there's a Democrat about to be in charge so it's time to be deficit hawks again). Also many huge unknowns hang over any attempt to guess about that and those are how long till vaccines are in enough arms to allow for thing to go more normal, how much support they get from the government, and what their expenses and savings are to begin with.