Another interesting note: I am reading that people who
were working making around the min wage area, are now receiving
more money from unemployment and do not want to go back to work.
In order for small business owners to keep the money that
has been loaned to them from bailout, have to keep full employment
as one of the stipulations of the loan, now they are getting a lot
push back from their workers that they are going to mess up their
unemployment benefits. The end result is the small business
owner cannot get all their workers back to work, stand to lose the
loan. Interesting times.
Posted by elementsix on 24th of Apr 2020 at 02:09 pm
This
unemployment check vs. keeping your jobargument
seems insane to me. Even if you get a short-term boost in your
weekly "paycheck" by being on unemployment benefits (which happens
only in
somesituations) it doesn't last. Thinking the "free money"
is better than a job is extremely short-sighted thinking. You very
quickly return to a net loss after benefits end and you have no job
at all vs. having the job the entire time.
i was having a hat day before all this happened ..i just can not
get a feel for the mkts noing ist being propped up ..when i say hay
day i was up 547% last year . i quit trading when obama in there
when and did houses . my mind dont like fake news!
Another interesting note: I am
Posted by ssaffer on 24th of Apr 2020 at 01:28 pm
Another interesting note: I am reading that people who were working making around the min wage area, are now receiving more money from unemployment and do not want to go back to work. In order for small business owners to keep the money that has been loaned to them from bailout, have to keep full employment as one of the stipulations of the loan, now they are getting a lot push back from their workers that they are going to mess up their unemployment benefits. The end result is the small business owner cannot get all their workers back to work, stand to lose the loan. Interesting times.
This unemployment check vs. keeping
Posted by elementsix on 24th of Apr 2020 at 02:09 pm
This unemployment check vs. keeping your jobargument seems insane to me. Even if you get a short-term boost in your weekly "paycheck" by being on unemployment benefits (which happens only in somesituations) it doesn't last. Thinking the "free money" is better than a job is extremely short-sighted thinking. You very quickly return to a net loss after benefits end and you have no job at all vs. having the job the entire time.
I agree 100% but I
Posted by ssaffer on 24th of Apr 2020 at 03:18 pm
I agree 100% but I do not think that a lot of people who are short-sighted really think about long term.
i was having a hat
Posted by RP on 24th of Apr 2020 at 03:20 pm
i was having a hat day before all this happened ..i just can not get a feel for the mkts noing ist being propped up ..when i say hay day i was up 547% last year . i quit trading when obama in there when and did houses . my mind dont like fake news!
and i meny hay day
Posted by RP on 24th of Apr 2020 at 03:21 pm
and i meny hay day not hat