U.S. Economy Hurtles Toward 'COVID Cliff'

[DonViejo]

November 22, 2020 at 11:05 am EST By Taegan Goddard

A slew of expiring emergency programs are setting up an economic “COVID cliff” come 2021, which could see millions of people lose unemployment insurance and get evictions, while a growing wave of small businesses close shop, The Hill reports.

Axios: “With Thanksgiving canceled, doctors quitting their practices and grocers limiting purchase quantities (again), Americans have the ambient sense that our safety net is unraveling. Not only are things not returning to normal, they may not return to normal for a long time.”

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https://politicalwire.com/2020/11/22/u-s-economy-hurtles-toward-covid-cliff/

[Arne]

1. The Preppers have been arming and stocking for this.

I watched a bit of their vids to get what was up, or down, it's hard to tell anymore.

[Blue_playwright]

4. I used to scoff at them...

Now, I think they had some good thinking. Not two years of stockpiled stuff, but maybe two months.

[Bernardo de La Paz]

2. Sociopath tRump wants to sabotage Biden and then spend 4 years calling him a failure as a result.

tRump doesn't count deaths unless they are hangings ala Handmaid's Tale (fiction he's trying to make real) or Central Park Five (innocent).

[Wellstone ruled]

3. The next twelve weeks are going to be

m-friggin ugly. Millions loose their Unemployment next Monday. Eviction Notices are ramping up. Just donated a few hundred to our local Food Bank so as they can help those who need it.

Here in Vegas,two more Casino's are closing their Hotels from Monday thur Thursday. That effects thousands of Employees on the House Keeping side. School District is planning on a major layoff shortly .

Chatting with a Grocery Manager yesterday,"we have no clue as to what is going to happen in the next month",was his answer. As he also said,his supply chain is so screwed up they get what the Warehouse has on hand.

[Arne]

5. Thanksgiving, just like the pilgrims, disease and all.

[bucolic_frolic]

6. yeah you can sort of feel it already

or is it me? does the internet seem dead to you? my inboxes, not much happening, my limited social media, not much happening. eBay, shopping, can't find what I want, so few listings. The retail stores I visit have adjusted hours, generally an hour shaven from open and close, maybe a bit less on Sunday. But there are also stores operating at half-time, and restaurants of course, closed or takeout only. One Asian restaurant, closed, remodeled over the last few years, then closed for Covid, now is Asian massage. Sounds to me like the same owners morphing to a business that can remain open.

And what's up with supermarkets? I see ads for all types of workers, in store, and online. Did everyone quit? They don't know how many will become ill and leave?