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#1
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You're pessimistic because you think it's all about corruption and waste. It's actually more about keeping the massive amounts of small and medium businesses alive so the economy won't crumble.
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2003 X5 4.6is Estoril Blue, acquired March 2018 2013 128i M Sport 6 MT Space Grey daily driver 2010 535xi 6 MT Barbera Red |
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#2
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Businesses open and close everyday. Under all circumstances. BTW, if I was a business owner (retail, restaurant, etc) in an industry that was affected by the lockdowns. I would have closed immediately, moved all inventory to storage, broke my lease, filed business closure with the city. I wouldn't have borrowed a dime from the PPP or anyone and would live off of my savings (and/or get another job). Reopen (if it made sense financially) after the pandemic was under control. Quote:
![]() Wait until the rent moratorium ends, then we'll see how much the PPP has contributed to the homeless population and the costs to cities to deal with it. Edit: sorry eviction moratorium, not rent.
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2005 X5 4.4i Build 04/05 Maintenance/Build Log Nav, Pano, Sport (Purchased 06/14 w/ 109,000 miles) (Sold 8/15 w/121,000 miles) 2006 X5 4.8is Build 11/05 Maintenance/Build Log Nav, DSP, Pano, Running Boards, OEM Tow Hitch, Cold Weather Pckg (Purchased 08/15 w/ 90,500 miles) 2010 X5 35d Build 02/10 Nav, HiFi, 6 DVD, Sports Pckg, Cold Weather Pckg, HUD, CAS, Running Boards, Leather Dash, PDC, Pano (Purchased 03/17 w/ 136,120 miles) Last edited by crystalworks; 12-17-2020 at 02:05 PM. |
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#3
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Once the money dries up, and it will quickly dry up, they will not have a job to go back to. Businesses does open and close everyday. But the economy is driven by these businesses, not the people. Businesses keep people employeed. And economy will crumple without the support of massive number of businesses proping it up. Your way is actually more socialist in thinking, and mine more Republican. What??
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2003 X5 4.6is Estoril Blue, acquired March 2018 2013 128i M Sport 6 MT Space Grey daily driver 2010 535xi 6 MT Barbera Red |
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#4
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Other businesses will open up in place of those that close. I agree employees will not have the same jobs to come back to in many cases. Some businesses are hiring more than ever, Wal-Mart, Amazon, etc. Online retailers and such. In fact, I think those companies are the larger threat to businesses than anything else.
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2005 X5 4.4i Build 04/05 Maintenance/Build Log Nav, Pano, Sport (Purchased 06/14 w/ 109,000 miles) (Sold 8/15 w/121,000 miles) 2006 X5 4.8is Build 11/05 Maintenance/Build Log Nav, DSP, Pano, Running Boards, OEM Tow Hitch, Cold Weather Pckg (Purchased 08/15 w/ 90,500 miles) 2010 X5 35d Build 02/10 Nav, HiFi, 6 DVD, Sports Pckg, Cold Weather Pckg, HUD, CAS, Running Boards, Leather Dash, PDC, Pano (Purchased 03/17 w/ 136,120 miles) |
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#5
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They end up getting lousy warehousing jobs as a result. Long hours, easily replaceble because it requires much less specific skill sets. Since the software and the algorithms took care of most of the sales rep's jobs, along with a few other jobs that people will no longer be able to find. Many people will be without jobs without PPP helping to keep their companies afloat. That is pretty plain to see. This pandemic is actually fast tracking the replacement and removal of many traditional jobs that people holds because the online business is taking them away.
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2003 X5 4.6is Estoril Blue, acquired March 2018 2013 128i M Sport 6 MT Space Grey daily driver 2010 535xi 6 MT Barbera Red |
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#6
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Online businesses are going to dramatically increase and delivery features of so many small and even large businesses will not likely go away. Unless it is necessary business owners will not want to invest in brick and mortar locations. The result will be the need for less employees. That will negatively impact low paying jobs and a fair number of those of middle management.
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Dallas |
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