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Old 05-25-2020 | 04:07 PM
  #95  
Aquaticus
Line Holder
 
Joined: Jul 2014
Posts: 872
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Originally Posted by 32Drvr
The whole point of the CARES Act. Not one union person was in that room when the agreement was negotiated with Congress.

Congress gets a win by saving jobs for 6 months, managment gets a win for being able to right size the company essentially for free (government picks up the tab) and furloughs one scale never before seen, (because never before has the government assisted in the furlough process) happened Oct 1.

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The feds printing press is hammering away in the background ... for better or worse. Money is being thrown at the problem and big business could power right through this. If companies keep spending we have a chance. 30% is a lawn dart of a guess from two yards down.
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