so what's the situation going to be like in late May that wouldn't result in a second epidemic in July/August?
I already replied to you, but had to add, this couldn't be farther from the truth. This virus is probably going to cause me to lose my job and my wife who graduates with her DDS in May has all but lost her job she was supposed to start in June and she won't even be able to get her dental license now. 8 years of school, 100k's in debt, culminating in... she can go work at walmart?Larry Lajitas said:Some of you people really just don't get it. Unemployment could soar to 20% in April... If they really want to salvage every day life in America then they are going to need to have a massive forgiveness program for missed mortgage payments, utilities, and even previous debts like credit cards and school loans. This is going to bury our population. I personally know several people who have already been laid off and many who are on the chopping block. But ya let's keep talking about a shutdown until the end of May. Idiots.chigger said:
You know the current predictions are that it won't peak in Texas until the first week in May right? You think everyone should go back to normal at the peak? I think it should be the end of May personally.
I am sure you are a very well read person, but you may have missed some details in the recent record setting Stimulus Bill. Yes, this is a very negative and dire situation but it's not really a shutdown economically, many - most even - businesses are still operating. It's a hit to GDP - you can google projections for quarters, the year, etc - but it's not taking everything to zero. I hope the stimulus money can be properly managed and distributed - a huge challenge given the numbers - and that it helps the people you are concerned about.Larry Lajitas said:Some of you people really just don't get it. Unemployment could soar to 20% in April... If they really want to salvage every day life in America then they are going to need to have a massive forgiveness program for missed mortgage payments, utilities, and even previous debts like credit cards and school loans. This is going to bury our population. I personally know several people who have already been laid off and many who are on the chopping block. But ya let's keep talking about a shutdown until the end of May. Idiots.chigger said:
You know the current predictions are that it won't peak in Texas until the first week in May right? You think everyone should go back to normal at the peak? I think it should be the end of May personally.
At the rate we are going, there is no "curve." There is just lockdown. We have been under quarantine for weeks already. What is going to change to have the restrictions lifted?chigger said:Quote:
At this point it seems like the "peak" just get's pushed back and back. Maybe the peak is really just a flat line that is the reality?
You literally just described "flattening the curve" have you not read or watched anything the last month?
Larry Lajitas said:My health won't be the highest priority if I don't have any money to go to the doctor or I don't have a job that gives me insurance. Good thing we can trust our government to do the right thing...oh wait they will just bail out corporations and pay themselves while we all scramble around looking for work to provide for our families.chigger said:Larry Lajitas said:Some of you people really just don't get it. Unemployment could soar to 20% in April... If they really want to salvage every day life in America then they are going to need to have a massive forgiveness program for missed mortgage payments, utilities, and even previous debts like credit cards and school loans. This is going to bury our population. I personally know several people who have already been laid off and many who are on the chopping block. But ya let's keep talking about a shutdown until the end of May. Idiots.chigger said:
You know the current predictions are that it won't peak in Texas until the first week in May right? You think everyone should go back to normal at the peak? I think it should be the end of May personally.
Lol. I knew I'd get a response like this. I apologize for putting your health as the highest priority. I know people too. My wife is one of them.
Not to sound heartless, but this can only go on so long no matter what. At some point, you do have to put the well being and perseverance of 366 million American's over the lives of saving a couple hundred extra thousand. We eventually have to have the numbers on it to say when it is and isn't worth it.chigger said:Larry Lajitas said:Some of you people really just don't get it. Unemployment could soar to 20% in April... If they really want to salvage every day life in America then they are going to need to have a massive forgiveness program for missed mortgage payments, utilities, and even previous debts like credit cards and school loans. This is going to bury our population. I personally know several people who have already been laid off and many who are on the chopping block. But ya let's keep talking about a shutdown until the end of May. Idiots.chigger said:
You know the current predictions are that it won't peak in Texas until the first week in May right? You think everyone should go back to normal at the peak? I think it should be the end of May personally.
Lol. I knew I'd get a response like this. I apologize for putting your health as the highest priority. I know people too. My wife is one of them.
I apologize. This thing is crazy and it just looks like we're all screwed.ETFan said:I already replied to you, but had to add, this couldn't be farther from the truth. This virus is probably going to cause me to lose my job and my wife who graduates with her DDS in May has all but lost her job she was supposed to start in June and she won't even be able to get her dental license now. 8 years of school, 100k's in debt, culminating in... she can go work at walmart?Larry Lajitas said:Some of you people really just don't get it. Unemployment could soar to 20% in April... If they really want to salvage every day life in America then they are going to need to have a massive forgiveness program for missed mortgage payments, utilities, and even previous debts like credit cards and school loans. This is going to bury our population. I personally know several people who have already been laid off and many who are on the chopping block. But ya let's keep talking about a shutdown until the end of May. Idiots.chigger said:
You know the current predictions are that it won't peak in Texas until the first week in May right? You think everyone should go back to normal at the peak? I think it should be the end of May personally.
So... yeah... we get it. There's nothing we can do. It sucks. That's it.
Hopefully we can get what we need.chigger said:Larry Lajitas said:My health won't be the highest priority if I don't have any money to go to the doctor or I don't have a job that gives me insurance. Good thing we can trust our government to do the right thing...oh wait they will just bail out corporations and pay themselves while we all scramble around looking for work to provide for our families.chigger said:Larry Lajitas said:Some of you people really just don't get it. Unemployment could soar to 20% in April... If they really want to salvage every day life in America then they are going to need to have a massive forgiveness program for missed mortgage payments, utilities, and even previous debts like credit cards and school loans. This is going to bury our population. I personally know several people who have already been laid off and many who are on the chopping block. But ya let's keep talking about a shutdown until the end of May. Idiots.chigger said:
You know the current predictions are that it won't peak in Texas until the first week in May right? You think everyone should go back to normal at the peak? I think it should be the end of May personally.
Lol. I knew I'd get a response like this. I apologize for putting your health as the highest priority. I know people too. My wife is one of them.
Larry I get it. I worry about the same thing too. I don't know what to do. It's a **** sandwich no matter which way you cut it. This thing sucks. I'm just one where I guess I'd rather just wait it out a little bit longer and let the docs, testing and protocols get caught up and solidified before I'M more comfortable with lifting the orders. I don't know that the best course is right now but my gut says "wait it out a little longer".
I think we all need to sit down and have a real conversation with the rest of the world when this is over. Cause this sucks, and it always seems to start other places.
Larry Lajitas said:I apologize. This thing is crazy and it just looks like we're all screwed.ETFan said:I already replied to you, but had to add, this couldn't be farther from the truth. This virus is probably going to cause me to lose my job and my wife who graduates with her DDS in May has all but lost her job she was supposed to start in June and she won't even be able to get her dental license now. 8 years of school, 100k's in debt, culminating in... she can go work at walmart?Larry Lajitas said:Some of you people really just don't get it. Unemployment could soar to 20% in April... If they really want to salvage every day life in America then they are going to need to have a massive forgiveness program for missed mortgage payments, utilities, and even previous debts like credit cards and school loans. This is going to bury our population. I personally know several people who have already been laid off and many who are on the chopping block. But ya let's keep talking about a shutdown until the end of May. Idiots.chigger said:
You know the current predictions are that it won't peak in Texas until the first week in May right? You think everyone should go back to normal at the peak? I think it should be the end of May personally.
So... yeah... we get it. There's nothing we can do. It sucks. That's it.
beerad12man said:Not to sound heartless, but this can only go on so long no matter what. At some point, you do have to put the well being and perseverance of 366 million American's over the lives of saving a couple hundred extra thousand. We eventually have to have the numbers on it to say when it is and isn't worth it.chigger said:Larry Lajitas said:Some of you people really just don't get it. Unemployment could soar to 20% in April... If they really want to salvage every day life in America then they are going to need to have a massive forgiveness program for missed mortgage payments, utilities, and even previous debts like credit cards and school loans. This is going to bury our population. I personally know several people who have already been laid off and many who are on the chopping block. But ya let's keep talking about a shutdown until the end of May. Idiots.chigger said:
You know the current predictions are that it won't peak in Texas until the first week in May right? You think everyone should go back to normal at the peak? I think it should be the end of May personally.
Lol. I knew I'd get a response like this. I apologize for putting your health as the highest priority. I know people too. My wife is one of them.
Yeah, it feels like the US has been given a terminal cancer diagnosis, economically. People are just on different points of the spectrum between denial and acceptance.Larry Lajitas said:I apologize. This thing is crazy and it just looks like we're all screwed.ETFan said:I already replied to you, but had to add, this couldn't be farther from the truth. This virus is probably going to cause me to lose my job and my wife who graduates with her DDS in May has all but lost her job she was supposed to start in June and she won't even be able to get her dental license now. 8 years of school, 100k's in debt, culminating in... she can go work at walmart?Larry Lajitas said:Some of you people really just don't get it. Unemployment could soar to 20% in April... If they really want to salvage every day life in America then they are going to need to have a massive forgiveness program for missed mortgage payments, utilities, and even previous debts like credit cards and school loans. This is going to bury our population. I personally know several people who have already been laid off and many who are on the chopping block. But ya let's keep talking about a shutdown until the end of May. Idiots.chigger said:
You know the current predictions are that it won't peak in Texas until the first week in May right? You think everyone should go back to normal at the peak? I think it should be the end of May personally.
So... yeah... we get it. There's nothing we can do. It sucks. That's it.
TxAG#2011 said:At the rate we are going, there is no "curve." There is just lockdown. We have been under quarantine for weeks already. What is going to change to have the restrictions lifted?chigger said:Quote:
At this point it seems like the "peak" just get's pushed back and back. Maybe the peak is really just a flat line that is the reality?
You literally just described "flattening the curve" have you not read or watched anything the last month?
Thank you for sensible thought.chigger said:
You know the current predictions are that it won't peak in Texas until the first week in May right? You think everyone should go back to normal at the peak? I think it should be the end of May personally.
Possibly - they may not understand the rules, your mortgage company may be private - a few possibilities. This is all new and very confusing for all, but I hope you can get the max relief possible. Good luck, I wish you the best.duck79 said:
I called last week about my mortgage(I do not have an FHA) due to the fact that my wife lost her job and my base was cut by 50% while this is going on. I was told that they can delay payment until June but then I would be responsible for the missed payments and June payment. Unless I am missing something, how is that helping anyone? I specifically asked if payments could be moved to the end and was told "no that isn't how we are doing it".
That seems to not be in line with the relief that is going on?
Motracicletraficificker said:Thank you for sensible thought.chigger said:
You know the current predictions are that it won't peak in Texas until the first week in May right? You think everyone should go back to normal at the peak? I think it should be the end of May personally.
Look I'm generally a "tough guy" but I'm not an idiot. Everyone has their own perspectives, I get it. My dad is very old school, not following recommendations and says, "the good lord new when I was coming into this world, and knows when I'm going out". I generally have this mind set, but not this time. I asked him why wear a seat belt then? Why not eat ice cream all day long? Why stop at red lights and stops sign then, just burn 'em every time? You get the point...
My perspective is this, this time....
I have several kids. If they get it, I cannot:
1. Go into the hospital with them. Stay overnight at the hospital with them. Ride in an ambulance with them. They will die alone, if it came to that.
2. My parents, if they get it. I cannot visit them in the hospital. They would die alone, by themselves, with no support around them.
3. If I get it, ignore it, pass it around...likely my nearest friends, co-workers, and family members will get it and potentially give it to their kids and parents. Then they will suffer the same as point 1&2 above.
It's not worth it. I could never live that down, if I knew it was because I'm taking the "tough guy" "god only knows" approach.
So everyone stop being fools. Heed the cautions. If it peaks in May, it's not just going to disappear! It's going to take a few months thereafter of MORE social distancing, so we don't get a Round 2. I'm thinking this is the new normal until Summer...as in July 1st or later.
I understand these are all legitimate fears, but as of now there is no proof that those that have lost their job will not be able to get a new job in half a year. FOr example, I would hope all restaurant and tourism jobs would rehire - maybe not 100% but maybe 60%? - as soon as they allowed in room dining and travel again. I don't know if that is within 180 days. I don't know if they would or would not extend the 180 if they needed to. It's a fear but not fact yet.mccjames said:
This is all great however at the end of your 180 days you will not have a job and you will not be able to get a job.
This is what I was afraid of when they started with these shelter in place orders, when does it end?
The CDC has now stated guides such as no new cases for 3 weeks, really? that would mean months possibly years.
Our economy cannot stay shackled for 3 months, no small business will survive.
they are much smarter than both the medical experts at the federal and state level of course.TexAgs1992 said:
May 20 in currently insane. Make a decision on April 20, not April 3. Way too premature to make such a decision.
I am far from an expert on the topic of the $350 billion allocated for small business loans, but found this:mccjames said:
I think you overestimate how much working capital most small restaurants and service industry small companies have.
If this goes to June or July which I am fully expecting at this time based on what I have seen, that is 5 months of no income, no way most small business survive that. They just do not have the borrowing capacity or the revenue production to pay back a loan that large to survive.
Most will not be able to re-open in 180 days. Just not going to happen without a ton of forgiveness ie Property tax, rent, leases, payroll, insurance etc.....
Ya this kind of situation is most likely going to be common. It won't be easy for everyone to get a job that quickly.duck79 said:
I called last week about my mortgage(I do not have an FHA) due to the fact that my wife lost her job and my base was cut by 50% while this is going on. I was told that they can delay payment until June but then I would be responsible for the missed payments and June payment. Unless I am missing something, how is that helping anyone? I specifically asked if payments could be moved to the end and was told "no that isn't how we are doing it".
That seems to not be in line with the relief that is going on?
Please be more specific about the percentages helped, I'm curious. I hope wording like "ridiculously small" isn't a fact. It's all new, with tons of details, and I think everyone is learning on the fly. If you have some more data or facts about the stimulus benefits, please share. I know small business owners and bankers have been swamped since yesterday trying to process the small business loan option.jefe95 said:
The percentage of the population that actually helps is ridiculously small
Please don't prove that your username fits
Ya this is exactly what I'm thinking. Are we going to have a reset button? What does that look like? Look at the amount of debt before all of this. What's going to happen to student loans? Nobody's going to be paying those now..rent comes first.mccjames said:
I think you overestimate how much working capital most small restaurants and service industry small companies have.
If this goes to June or July which I am fully expecting at this time based on what I have seen, that is 5 months of no income, no way most small business survive that. They just do not have the borrowing capacity or the revenue production to pay back a loan that large to survive.
Most will not be able to re-open in 180 days. Just not going to happen without a ton of forgiveness ie Property tax, rent, leases, payroll, insurance etc.....
Please read the reply I made to you twenty posts back, it has data on student loans. If you don't know what's going to happen there is a lot of information on line regarding the stimulus package. I'm trying to provide facts but your posts are more fear-mongering. And I'm not trying to be too critical, my wife in healthcare has both lost work AND continues to see patients, putting her and our family at risk of getting covid, so I get the financial and health fears. But for me, reading and researching is better than spiraling on my worst fears.Larry Lajitas said:Ya this is exactly what I'm thinking. Are we going to have a reset button? What does that look like? Look at the amount of debt before all of this. What's going to happen to student loans? Nobody's going to be paying those now..rent comes first.mccjames said:
I think you overestimate how much working capital most small restaurants and service industry small companies have.
If this goes to June or July which I am fully expecting at this time based on what I have seen, that is 5 months of no income, no way most small business survive that. They just do not have the borrowing capacity or the revenue production to pay back a loan that large to survive.
Most will not be able to re-open in 180 days. Just not going to happen without a ton of forgiveness ie Property tax, rent, leases, payroll, insurance etc.....
ORAggieFan said:
This is hard on everybody, but people need to understand the economic impact of doing nothing would be far, far worse than what we are doing now. It's not like we can just go back to living our lives and not have massive repercussions. You think Trump is doing this in an election year for fun?
Larry Lajitas said:My health won't be the highest priority if I don't have any money to go to the doctor or I don't have a job that gives me insurance. Good thing we can trust our government to do the right thing...oh wait they will just bail out corporations and pay themselves while we all scramble around looking for work to provide for our families.chigger said:Larry Lajitas said:Some of you people really just don't get it. Unemployment could soar to 20% in April... If they really want to salvage every day life in America then they are going to need to have a massive forgiveness program for missed mortgage payments, utilities, and even previous debts like credit cards and school loans. This is going to bury our population. I personally know several people who have already been laid off and many who are on the chopping block. But ya let's keep talking about a shutdown until the end of May. Idiots.chigger said:
You know the current predictions are that it won't peak in Texas until the first week in May right? You think everyone should go back to normal at the peak? I think it should be the end of May personally.
Lol. I knew I'd get a response like this. I apologize for putting your health as the highest priority. I know people too. My wife is one of them.
Player To Be Named Later said:
Why does everyone always just gloss over the fact that the economy will also tank if we open everything up and cases/death sky rocket?
People seem to be under the assumption that people would go out to eat, out to bars, etc while hospitals are flooded and corpses are put in over flow refrigerated tractor trailers used as temp morgues.
That happens, and it very well would, people will freak the **** out and go nowhere. So you'd end up with the same economic mess, but with ballpark 5x the deaths.
Stop pretending people would carry on normal behavior as people die off in record numbers.