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#401
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Can you imagine what a paying job does to a person's confidence? Especially if he's got 3 kids to feed and a mortgage to pay? It's easy to keep feeding a homeless, but much harder to convince him to work for his keep. Your way will breed more homeless, where as the PPP program helps to keep these people employeed. Big difference. Even after you discount the possible waste and corruption.
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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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#402
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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. |
#403
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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 |
#404
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A business that employees 15 people also supports partly or in full 15 families.
If it crumples. Those same 15 families will crumple as well. If none of the business gets help from government, then the chances of these 15 families finding another job is going to be much less, since there are now even fewer job opportunities. That will ultimately mean massive more homeless or below poverty line population as a result.
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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 |
#405
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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) |
#406
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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 |
#407
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X5 4.6 2002 Black Sap, Black interior. 2013 X5M Melbourne Red, Bamboo interior Dallas |
#408
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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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X5 4.6 2002 Black Sap, Black interior. 2013 X5M Melbourne Red, Bamboo interior Dallas |
#409
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On a related topic, our local food bank has just announced a 3 for 1 match of any dollar donations made to our local Community Food Bank, by the Dec. 31st 2020. I have already made a couple of donations to them this year and will most likely do so again before the end of the year. I am just waiting to see what the presumed final bill will include that is expected to be finalized in Congress before Christmas and what it may include towards this very important charitable cause. As far as I am concerned, making sure that Americans have enough food to survive is far more of basic necessity than many other charities right now, especially since so many people are still out of work and cannot afford the basic necessities of life. AVB-AMG
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My current & recent car history: 2020 BMW 440i xDrive Coupe (Wife's daily driver) 2016 BMW X5M (My daily driver) 2014 BMW M6 Coupe (gone) 2013 BWM 335i xDrive Coupe (gone) 2011 BMW 335xi turbo coupe (gone) 2007 Mercedes-Benz ML63 AMG (gone) 2007 BMW 335ci twin turbo coupe (gone) 2004 Mercedes-Benz E55 AMG (gone) 2004 BMW X5 4.4i (w/full Aero Kit - gone) 2001 BMW X5 4.4i (w/full Aero Kit - gone) 2000 Mercedes-Benz E430 Sport (gone) 1961 Mercedes-Benz 190SL (owned for 48 years) Last edited by AVB-AMG; 12-20-2020 at 01:29 PM. |
#410
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Can someone please explain why Joel Osteen’s Houston megachurch received $4.4 million in PPP funds??? I don't get it.
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"What you hear in a great jazz band is the sound of democracy. “The jazz band works best when participation is shaped by intelligent communication.” Harmony happens whenever different parts get to form a whole by means of congruity, concord, symetry, consistency, conformity, correspondence, agreement, accord, unity, consonance……. |
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