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(Forbes)   U Chicago study finds that 16M of the jobs lost over the past two months aren't coming back   (forbes.com) divider line
    More: Scary, Unemployment, Economics, permanent job losses, recent layoffs, University of Chicago estimates, new hires, result of the job, Jose Maria Barrero  
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611 clicks; posted to Business » and Main » on 20 May 2020 at 11:23 AM (7 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2020-05-20 10:47:21 AM  
6 votes:

Psychopusher: But eventually things will approach a level of normal, even if it's a new normal, and jobs will return.


This is a pretty roundabout way of saying society will collapse and that we will go back to living in the trees, but I'm okay with it.
 
2020-05-20 10:23:21 AM  
3 votes:
That's a bit overly dramatic.  They aren't permanent job losses in the sense that those who lost jobs will never get another.  Lots of places will go out of business or they will simply survive by keeping fewer staff, which will result in a lot of people losing those positions, but inevitably there will be new businesses to take the place of the ones that shut their doors, and they're going to need staff. Yes, there will likely be an absolute shiatload of people who can't get work for quite some time because of this, and that absolutely sucks 31 flavours of ass, but it's not "permanent."

The economy, and lost jobs, are going to take some time to recover, and that's going to put a huge strain on a large percentage of the population, not to mention government assistance for probably at least the next year, likely longer -- none of this is going to just snap back to any degree of normal.  But eventually things will approach a level of normal, even if it's a new normal, and jobs will return.  Almost certainly not under Trump, to be certain, but as long as he's shoved forcefully out of the White House, recovery will happen.

Until then though, yes, things are going to suck painfully hard for a great many people.
 
2020-05-20 2:13:29 PM  
2 votes:

SafetyThird: Remember when bush jr wasn't going to leave office? Remember when Obama wasn't? The same stupid idea always crops up.


We've never had a Putin-worshipping man-baby in charge that will likely face prosecution if he leaves office. No rational person thought for a second that GWB or Obama wouldn't leave office. I think most of us could totally envision Trump refusing to recognize the elections in any state that he narrowly lost. Unless you think states like Georgia, Arizona, or Texas are going to flip blue it isn't going to be a Democratic landslide that would leave zero wiggle room.
 
2020-05-20 1:13:15 PM  
2 votes:

SafetyThird: Esroc: contrapunctus: 3 years, at the minimum before things even begin to turn around.  It's going to take time.

Longer if Trump is re-elected.

At this point there's no way he doesn't get re-elected. Between all the voter suppression his administration is doing or preparing to do and the sickeningly massive number of his braindead supporters that are ready to commit violence in his name to keep him in office, there's just no way Democrats stand a chance.

I'll be happy to be proven wrong. But if historical examples of fallen democracies are any indication this next election is going to be a farce and very likely the last election for this country. We're farked. I hope I'm just overreacting. But I'm probably not.

Remember when bush jr wasn't going to leave office? Remember when Obama wasn't? The same stupid idea always crops up.


They didn't pull even half the illegal shiat Trump has. That's the only reason I'm scared.
 
2020-05-20 12:14:26 PM  
2 votes:

contrapunctus: 3 years, at the minimum before things even begin to turn around.  It's going to take time.

Longer if Trump is re-elected.


At this point there's no way he doesn't get re-elected. Between all the voter suppression his administration is doing or preparing to do and the sickeningly massive number of his braindead supporters that are ready to commit violence in his name to keep him in office, there's just no way Democrats stand a chance.

I'll be happy to be proven wrong. But if historical examples of fallen democracies are any indication this next election is going to be a farce and very likely the last election for this country. We're farked. I hope I'm just overreacting. But I'm probably not.
 
2020-05-20 7:25:10 PM  
1 vote:

brizzle365: Watch everything that is going on. The vast majority actually think that everything is about to go back to normal, very soon. Even some of the fark warriors.
My hope is that it does not go back to normal. It needs to go to something far from normal.
But that will impact people and no one wants that. Now, if only impacts other people, thats fine, it would seem.


There was nothing normal about what was going on in this country. A few more months, and we'd remember some other way to live
We have re-open Disneyland right now.
 
2020-05-20 4:29:07 PM  
1 vote:

SafetyThird: Esroc: contrapunctus: 3 years, at the minimum before things even begin to turn around.  It's going to take time.

Longer if Trump is re-elected.

At this point there's no way he doesn't get re-elected. Between all the voter suppression his administration is doing or preparing to do and the sickeningly massive number of his braindead supporters that are ready to commit violence in his name to keep him in office, there's just no way Democrats stand a chance.

I'll be happy to be proven wrong. But if historical examples of fallen democracies are any indication this next election is going to be a farce and very likely the last election for this country. We're farked. I hope I'm just overreacting. But I'm probably not.

Remember when bush jr wasn't going to leave office? Remember when Obama wasn't? The same stupid idea always crops up.


i.kinja-img.comView Full Size


https://politics.theonion.com/clinton​-​declares-self-president-for-life-18195​65819
 
2020-05-20 2:59:31 PM  
1 vote:
University of Chicago?  Pffft.  Wake me when someone other than a state school studies this.

/Alum
 
2020-05-20 2:26:04 PM  
1 vote:

SafetyThird: Esroc: contrapunctus: 3 years, at the minimum before things even begin to turn around.  It's going to take time.

Longer if Trump is re-elected.

At this point there's no way he doesn't get re-elected. Between all the voter suppression his administration is doing or preparing to do and the sickeningly massive number of his braindead supporters that are ready to commit violence in his name to keep him in office, there's just no way Democrats stand a chance.

I'll be happy to be proven wrong. But if historical examples of fallen democracies are any indication this next election is going to be a farce and very likely the last election for this country. We're farked. I hope I'm just overreacting. But I'm probably not.

Remember when bush jr wasn't going to leave office? Remember when Obama wasn't? The same stupid idea always crops up.


Remember when Trump had to pledge that if he lost the primary, he would walk away?
Remember when Trump basically had to promise that if he lost the general, he would walk away?

It's the same stupid fearmonger bullshiat.

Its like there is a madlibs book, just fill in the blanks.
 
2020-05-20 11:43:06 AM  
1 vote:
Apparently good news for the stonk market. Of course, the Mississippi river turning into blood would be good news for stonk market.
 
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