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Old 07-19-2020, 04:19 PM
  #1561  
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Originally Posted by FXLAX View Post
Seems like some people don’t see inflation, when it’s driven by government actions (the Fed), as the regressive tax it is on everyone.
You need to preach that one to FAAFlyer ...
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Old 07-19-2020, 05:09 PM
  #1562  
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Originally Posted by Huell View Post
You need to preach that one to FAAFlyer ...
Quickly found out I am competing with 45 million people for minimum wage jobs. Crazy times. Hopefully union can do better. Must do better.
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Old 07-19-2020, 05:23 PM
  #1563  
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Originally Posted by Laminar View Post
Quickly found out I am competing with 45 million people for minimum wage jobs. Crazy times. Hopefully union can do better. Must do better.
That sucks. I was able to provide some leads after 911 for the guys furloughed on the first round. This time is down right ugly. Wishing you and everyone the best.

I'm gone ... due to 65 ... which is fine as I'm ready ... but I'm still tossing and turning every night ... so many guys going through crap.

Good luck.
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Old 07-19-2020, 07:21 PM
  #1564  
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Originally Posted by Mr Hat View Post
I wish I had your optimism on Cares2.....I think the government will say they've done enough already and are out of free lunches. BUT I keep spamming my elected leadership about it.
agreed. Trump knows he’s going down in November, and not only going down, but he will be Crushed! There will be no cares 2 because he will want to take the economy down with him. By December, the US economy will be a crater in the ground.
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Old 07-20-2020, 08:11 AM
  #1565  
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Originally Posted by domino View Post
agreed. Trump knows he’s going down in November, and not only going down, but he will be Crushed! There will be no cares 2 because he will want to take the economy down with him. By December, the US economy will be a crater in the ground.
time to put the pipe down.
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Old 07-20-2020, 09:49 AM
  #1566  
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Originally Posted by domino View Post
agreed. Trump knows he’s going down in November, and not only going down, but he will be Crushed! There will be no cares 2 because he will want to take the economy down with him. By December, the US economy will be a crater in the ground.
Your opinion, but the market is a harsh arbiter and forward looking. Right now, it appears the institutional investors believe next year will be better. Could very well change, but the smart money doesn’t appear to support your thesis.
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Old 07-20-2020, 12:29 PM
  #1567  
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Originally Posted by domino View Post
agreed. Trump knows he’s going down in November, and not only going down, but he will be Crushed! There will be no cares 2 because he will want to take the economy down with him. By December, the US economy will be a crater in the ground.
While I see a Biden presidency (insert vomit emoji; he's even worse than Trump) as very likely, I'm also not counting out Trump being reelected.

As far as the economy goes, the world's central banks will keep those electronic printing presses going to keep the economy afloat. There's no sign of inflation right now so they can afford to do this.
While I share others' concerns about inflation, the excess liquidity in the system isn't chasing goods and services; it's chasing assets (stocks, bonds, real estate). So the inflation is only seen right now in investments.
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Old 07-20-2020, 12:47 PM
  #1568  
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Originally Posted by bidnez View Post
It's interesting that so many airline pilots are so far to the right and believe in so strongly that capitalism is the way.

But as soon as their job is threatened, they put their hand out for a government bailout.

If my airline bites the dust or I get furloughed, then that's just life.. if the demand for airline travel is there, I will have a job flying something. Capitalism is survival of the fittest.

If they had used the bailout money to provide free healthcare, when I lose my job at least I would be able to goto the doctor.

Seriously, you can't have it both ways..
I wouldn't be worried about losing my job either if I was senior at GoJets. So yeah, I can see why you're not worried about losing your job.
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Old 07-20-2020, 10:34 PM
  #1569  
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Originally Posted by All In View Post
Things that make you go hmmmmm
🤦🏻

and filler to boot
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Old 07-21-2020, 04:46 AM
  #1570  
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Originally Posted by stevo22 View Post
Anyone have a wild guess at how many lives could have been saved if we took half the money our country’s response to COVID has cost us and instead spent it on other forms of healthcare for our citizens and other diseases that currently take millions of lives every year? I’d bet it’s a lot more than COVID’s death toll will ever reach.
I dunno. but you could take a look at, maybe Europe..?
more seriously; it’s generally accepted that prevention is more cost effective than cure, but that would require a fundamental re-evaluation of our priorities...
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