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Title: We Are In A Depression
Source: [None]
URL Source: https://www.forbes.com/sites/johnma ... -a-depression/?sh=2a140d3515bf
Published: Oct 2, 2022
Author: Mike Rivero
Post Date: 2022-10-02 11:00:32 by Horse
Keywords: None
Views: 106
Comments: 3

Disney is laying off 28,000 workers. American Airlines and United Airlines plan to cut 31,000 workers. Last week's disappointing unemployment report shows that we have a long way to go. Perhaps a lot longer than we think.

I’m going to quote at length from my friend David Rosenberg, who I believe is absolutely spot on:

"You tally up these sectors and before the crisis, they supported 32 million jobs, or about a third of the private sector workforce, and it looks to me as though half of them are not going back to their old jobs.

"And I’m not sure many people understand that amusement parks, airlines, hoteliers and restaurants cannot stay in business at 50% capacity (or even 75% in the case of restaurants).

"… As it stands, the US Chamber of Commerce said that 25% of small businesses have already shut down. Another survey by Ipsos concluded that two-thirds are still nervous about leaving their homes; 59% say they intend to remain locked down on their own until signs emerge that the virus is 'fully contained.' A YouGov/CBS poll concludes that 85% of American households say they wouldn’t get on an airplane even if they could. That’s why the industry needs a bailout!

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#1. To: Horse (#0)

And this is all going on because of the CDC lies,Trump pushing the JAB, plus the government instilled fear in most of the people. They wanted control and they got it. PLUS the destroyed this once great country.

Darkwing  posted on  2022-10-02   11:59:30 ET  Reply   Trace   Private Reply  


#2. To: Darkwing (#1)

Trump pushing the JAB,

He obviously expedited the development of it but only passively promotes it. To his minimal credit, he's never been in favor of mandating it, so far as I've heard. Trump's promotion of it stems from his great patriotic faith in American entrepreneurial spirit. Somehow, even at his age and decades of business success, he doesn't understand the corrupting influence of money and politics on business.

Pinguinite  posted on  2022-10-02   14:51:30 ET  Reply   Trace   Private Reply  


#3. To: Pinguinite, 4um (#2) (Edited)

To his minimal credit, [Trump has] never been in favor of mandating it, so far as I've heard.

Correct. The mandate mania lies on the shoulders of Bidet and Fauxi. My GF, a nurse, was forced to take the clot-shots in the late summer of 2021, or lose her job. She died a year ago last Monday shortly after the second dose.

Somehow, even at his age and decades of business success, he doesn't understand the corrupting influence of money and politics on business.

Also correct. Trump was not in the loop on the decisions about the NottaVax.

“The most terrifying force of death comes from the hands of Men who wanted to be left Alone.
TRUE TERROR will arrive at these people’s door, and they will cry, scream, and beg for mercy…
but it will fall upon the deaf ears of the Men who just wanted to be left alone.”

Esso  posted on  2022-10-02   15:14:56 ET  Reply   Trace   Private Reply  


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