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Originally Posted by chrisreedrules
(Post 3034127)
Well my family has the discretionary income. We even have the want to go somewhere warm and beachy. But we aren’t spending a penny once things start to, “normalize”. And that’s just the point... Leisure travel will take quite some time to bounce back simply because consumer confidence will be tanked by the fall time.
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Originally Posted by FNGFO
(Post 3034335)
So a communist country is heavily restricting travel, and goodness knows what else and you’re trying to draw a straight parallel to things in the US?
We won’t hit the ground running, but a fast limp looks like warp speed if you’ve been laid up in bed for 3 months. Had a feeling you may chime in here and draw a false parallel between china being a communist country and the dreaded word most republicans hate of being "restricted" What logic not rhetoric is saying is its a country who had the first outbreak of Corona and took the steps necessary to stop it from spreading just as we have. Thats the correct parallel. Does that make us communists? lol As well being worlds second largest GDP, so yes they know how to buy and sell things even if they are communists with humans and corona and an economy they would like to get back on track just like us, they havnt and instead have been very cautious. Hence and Ill say again its not that things wont recover here but I sincerely doubt that it will just turn on and people will be desperate to run to vegas. As well again without an antibody test I dont know how it would be possible unless you follow the GOP message of having another 1 to 2% of the population run out there and get infected only to spread it and rebloom the numbers of those infected and those who will die. Long story short again I think this will take a while unless the science community is given the time to do their jobs. |
Originally Posted by Qotsaautopilot
(Post 3034321)
On a boating forum .... they have a thread about what they are spending their stimulus checks on.
So they make small enough money to get a check yet own a quarter million dollar bot financed over 20 years and are already buying new crap online with their stimulus. Precisely what that money was for but not the best personal finance decision. I have confidence in the financial irresponsibility or most Americans. Not going to buy one (at least until this all blows over, my current car is paid off) but it sure is fun. |
Originally Posted by korg128
(Post 3034357)
Had a feeling you may chime in here and draw a false parallel between china being a communist country and the dreaded word most republicans hate of being "restricted"
What logic not rhetoric is saying is its a country who had the first outbreak of Corona and took the steps necessary to stop it from spreading just as we have. Thats the correct parallel. Does that make us communists? lol As well being worlds second largest GDP, so yes they know how to buy and sell things even if they are communists with humans and corona and an economy they would like to get back on track just like us, they havnt and instead have been very cautious. Hence and Ill say again its not that things wont recover here but I sincerely doubt that it will just turn on and people will be desperate to run to vegas. As well again without an antibody test I dont know how it would be possible unless you follow the GOP message of having another 1 to 2% of the population run out there and get infected only to spread it and rebloom the numbers of those infected and those who will die. Long story short again I think this will take a while unless the science community is given the time to do their jobs. You have one country that literally locked people in their own apartment complexes, and has a government and populace that are willing to use and often accept totalitarian government actions. Screw up over there and you disappear like that researcher from the Wuhan virology lab. We closed gyms, bars and limited restaurants to take out while recommending people don’t travel unnecessarily. It’s a world of difference that you don’t appreciate. China has a huge GDP because the rest of the world has farmed out their supply chains to the Middle Kingdom. Can you think of anything going on right now that might be hampering that? They are not a consumer society in the sense that we are. Take away the rest of the world’s demand for their cheaply made widgets, and their GDP is pitiful for a population as large as theirs. Sure, they’ve got malls and huge cities that most westerners can’t begin to name. But they won’t get their economy moving until the rest of the world gets moving itself. |
Originally Posted by senecacaptain
(Post 3034169)
I agree. And that is the problem. People may not want to spend their money. The economy in their house comes first. Whether somebody gets elected or not (I agree with you) will be known in November.
I agree with your points. What happens or does not happen will be seen in the coming weeks. people have short memories and absolutely can not change their fiscal habit (or whatever you want to call it) just like that.....people don’t change. Are people going to be traveling to Europe for that 7-day family vacation? Probably not (I know that’ll anger the legacy types) but they’ll spend $50 to travel across the country..... |
Originally Posted by SAABoroowski
(Post 3034410)
people have short memories and absolutely can not change their fiscal habit (or whatever you want to call it) just like that.....people don’t change. Are people going to be traveling to Europe for that 7-day family vacation? Probably not (I know that’ll anger the legacy types) but they’ll spend $50 to travel across the country.....
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Originally Posted by SAABoroowski
(Post 3034410)
people have short memories and absolutely can not change their fiscal habit (or whatever you want to call it) just like that.....people don’t change. Are people going to be traveling to Europe for that 7-day family vacation? Probably not (I know that’ll anger the legacy types) but they’ll spend $50 to travel across the country.....
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We are taking the money. Union email. Just chill everyone.
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5pm deadline today to apply for LOAN money?
Has there been any discussion of Spirit applying for that part of the CARES Act? I haven’t heard anything. Is it now or never? |
Originally Posted by NKSpilot
(Post 3034463)
5pm deadline today to apply for LOAN money?
Has there been any discussion of Spirit applying for that part of the CARES Act? I haven’t heard anything. Is it now or never? Talking with Schwab we were one of the first to implement that provision. |
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