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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Steven Mnuchin: No one should give their lives to increase the GDP

Steven Mnuchin: No one should give their lives to increase the GDP

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  • MikM Away
    MikM Away
    Mik
    wrote on last edited by
    #3

    We have to reopen. I cannot imagine anyone thinking we can stay shut down indefinitely.

    Where we go wrong, as usual, is in polarizing the issue instead of finding the balance that works best. People who are at fairly high risk, of which I am one, can maintain distancing, etc. Those at less risk can do otherwise.

    But yeah, even starting now the economy will not take off like a rocket. This virus will still be a large financial damper until it is defeated or goes away of its own accord.

    “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

    1 Reply Last reply
    • JollyJ Jolly

      The Golden Gate Bridge.

      The bridge had more safety rules and features during the construction phase than any large American construction project before it. At the time it was built, the rule of thumb was a man a million, or one death per million dollars spent.

      People were willing to accept that level of loss. Now things have gotten better, but nothing is without risk.

      At this point in time, 30-40% of small business may be gone and it might take as long as 10 years to get back to pre-virus days.

      Catseye3C Offline
      Catseye3C Offline
      Catseye3
      wrote on last edited by
      #4

      @Jolly: "At this point in time, 30-40% of small business may be gone and it might take as long as 10 years to get back to pre-virus days." I do not see how such a prediction is possible, especially this early on.

      @Horace: I think you're overthinking this. IMO an observation like this is politicians' gold. It sounds noble as hell, and who's going to argue with it?

      @Mik: "Where we go wrong, as usual, is in polarizing the issue instead of finding the balance that works best." Amen, amen.

      Success is measured by your discipline and inner peace. – Mike Ditka

      JollyJ 1 Reply Last reply
      • HoraceH Offline
        HoraceH Offline
        Horace
        wrote on last edited by Horace
        #5

        @Catseye3

        @Horace: I think you're overthinking this. IMO an observation like this is politicians' gold. It sounds noble as hell, and who's going to argue with it?

        You have this tendency to understand just enough of my posts to lead you to a conclusion which you think is yours, then claim that that conclusion contradicts what I said, when it is actually already included in what I said. This is at least the second time this has happened. And I've lost count of the number of times you've told me I've "overthought" something. Maybe you could not tell me that anymore? I've asked you not to in the past. We're here to think and share those thoughts.

        Education is extremely important.

        Catseye3C 1 Reply Last reply
        • HoraceH Horace

          @Catseye3

          @Horace: I think you're overthinking this. IMO an observation like this is politicians' gold. It sounds noble as hell, and who's going to argue with it?

          You have this tendency to understand just enough of my posts to lead you to a conclusion which you think is yours, then claim that that conclusion contradicts what I said, when it is actually already included in what I said. This is at least the second time this has happened. And I've lost count of the number of times you've told me I've "overthought" something. Maybe you could not tell me that anymore? I've asked you not to in the past. We're here to think and share those thoughts.

          Catseye3C Offline
          Catseye3C Offline
          Catseye3
          wrote on last edited by
          #6

          @Horace: Fine. I don't really get your perturbation with this, but it's easily enough avoided. I will do so in future.

          Success is measured by your discipline and inner peace. – Mike Ditka

          1 Reply Last reply
          • HoraceH Offline
            HoraceH Offline
            Horace
            wrote on last edited by Horace
            #7

            I think you would very easily get perturbed if, in response to what you consider to be a basically reasonable point, someone who has already demonstrated they don't much care for you, says "you're overthinking things", effectively trying to shut down the point without so much as attempting to understand it.

            Education is extremely important.

            Catseye3C 1 Reply Last reply
            • HoraceH Horace

              I think you would very easily get perturbed if, in response to what you consider to be a basically reasonable point, someone who has already demonstrated they don't much care for you, says "you're overthinking things", effectively trying to shut down the point without so much as attempting to understand it.

              Catseye3C Offline
              Catseye3C Offline
              Catseye3
              wrote on last edited by
              #8

              @Horace: Okay, point taken.

              I will say I have never expressed a dislike for you. I'm sorry if you think I do.

              Success is measured by your discipline and inner peace. – Mike Ditka

              Catseye3C 1 Reply Last reply
              • Catseye3C Catseye3

                @Horace: Okay, point taken.

                I will say I have never expressed a dislike for you. I'm sorry if you think I do.

                Catseye3C Offline
                Catseye3C Offline
                Catseye3
                wrote on last edited by
                #9

                @Catseye3 said in Steven Mnuchin: No one should give their lives to increase the GDP:

                @Horace: Okay, point taken.

                I will say I have never meant to express a dislike for you. I certainly don't feel that way. I'm sorry if you think I do.

                Success is measured by your discipline and inner peace. – Mike Ditka

                1 Reply Last reply
                • MikM Away
                  MikM Away
                  Mik
                  wrote on last edited by
                  #10

                  Misunderstanding on the internet is rampant. Its not personal

                  Not that I would know, given my erudition and crystal clarity.

                  “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                  1 Reply Last reply
                  • Catseye3C Catseye3

                    @Jolly: "At this point in time, 30-40% of small business may be gone and it might take as long as 10 years to get back to pre-virus days." I do not see how such a prediction is possible, especially this early on.

                    @Horace: I think you're overthinking this. IMO an observation like this is politicians' gold. It sounds noble as hell, and who's going to argue with it?

                    @Mik: "Where we go wrong, as usual, is in polarizing the issue instead of finding the balance that works best." Amen, amen.

                    JollyJ Offline
                    JollyJ Offline
                    Jolly
                    wrote on last edited by
                    #11

                    @Catseye3 said in Steven Mnuchin: No one should give their lives to increase the GDP:

                    @Jolly: "At this point in time, 30-40% of small business may be gone and it might take as long as 10 years to get back to pre-virus days." I do not see how such a prediction is possible, especially this early on.

                    @Horace: I think you're overthinking this. IMO an observation like this is politicians' gold. It sounds noble as hell, and who's going to argue with it?

                    @Mik: "Where we go wrong, as usual, is in polarizing the issue instead of finding the balance that works best." Amen, amen.

                    There is some data floating around, not in the public doman. Not yet. It has to do with the technology sector, the communications sector and the banking sector.

                    The effect of the shutdown on small business ranges from bad to cataclysmic.

                    The 5-10 year figure is based mostly on that data.

                    “Cry havoc and let slip the DOGE of war!”

                    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                    1 Reply Last reply
                    • MikM Away
                      MikM Away
                      Mik
                      wrote on last edited by
                      #12

                      Probably the more important question is, given what we have learned from this pandemic, what do we do for the next one? Do we shut down again? What do we have to do to be prepared enough that we don't have to? It's really a national defense issue.

                      “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                      1 Reply Last reply
                      • X Offline
                        X Offline
                        xenon
                        wrote on last edited by xenon
                        #13

                        Keep you powder dry for the bad times. I'm looking at you national debt.

                        Work out and clarify what the States' responsibilities vs. the Feds are ahead of time for a disaster.

                        Work out and clarify what emergency aid legislation looks like ahead of a crisis. It should be triggered, not crafted, under a crisis.

                        Beyond that - maybe a national stockpile of PPE, but there can be a lot of disasters that don't use the same mechanisms as this one.

                        I mean - this is literally a once-a-hundred-years event (not saying that's when the next one will be). So anything we do has the chances to be useless in our lifetimes.

                        EDIT: Don't elect entertainers, but that just may be my bias speaking.

                        JollyJ 1 Reply Last reply
                        • X xenon

                          Keep you powder dry for the bad times. I'm looking at you national debt.

                          Work out and clarify what the States' responsibilities vs. the Feds are ahead of time for a disaster.

                          Work out and clarify what emergency aid legislation looks like ahead of a crisis. It should be triggered, not crafted, under a crisis.

                          Beyond that - maybe a national stockpile of PPE, but there can be a lot of disasters that don't use the same mechanisms as this one.

                          I mean - this is literally a once-a-hundred-years event (not saying that's when the next one will be). So anything we do has the chances to be useless in our lifetimes.

                          EDIT: Don't elect entertainers, but that just may be my bias speaking.

                          JollyJ Offline
                          JollyJ Offline
                          Jolly
                          wrote on last edited by
                          #14

                          @xenon said in Steven Mnuchin: No one should give their lives to increase the GDP:

                          Keep you powder dry for the bad times. I'm looking at you national debt.

                          Work out and clarify what the States' responsibilities vs. the Feds are ahead of time for a disaster.

                          Work out and clarify what emergency aid legislation looks like ahead of a crisis. It should be triggered, not crafted, under a crisis.

                          Beyond that - maybe a national stockpile of PPE, but there can be a lot of disasters that don't use the same mechanisms as this one.

                          I mean - this is literally a once-a-hundred-years event (not saying that's when the next one will be). So anything we do has the chances to be useless in our lifetimes.

                          EDIT: Don't elect entertainers, but that just may be my bias speaking.

                          Just had to go piss in your cornflakes, didn't you?

                          “Cry havoc and let slip the DOGE of war!”

                          Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                          1 Reply Last reply
                          • X Offline
                            X Offline
                            xenon
                            wrote on last edited by xenon
                            #15

                            🙂

                            It's true though. People want leadership during a time like this. They want to know someone is being thoughtful and deliberate. Well, I know I do.

                            You don't necessarily have to do anything. Trump had a few examples of this - he got the retail CEOs to speak. I thought that was great.

                            But then he goes and pisses it all away by spewing verbal diarrhea on an almost daily basis. There's no adults in the room, or rather, the baby is in charge of the adults.

                            So yeah - next pandemic, I don't want a clown to be the face of this.

                            Aqua LetiferA LarryL 2 Replies Last reply
                            • MikM Away
                              MikM Away
                              Mik
                              wrote on last edited by
                              #16

                              Jesus. Can you give that shit a break for one thread? This thread has not a thing to do with Trump.

                              “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                              X 1 Reply Last reply
                              • MikM Mik

                                Jesus. Can you give that shit a break for one thread? This thread has not a thing to do with Trump.

                                X Offline
                                X Offline
                                xenon
                                wrote on last edited by xenon
                                #17

                                @Mik said in Steven Mnuchin: No one should give their lives to increase the GDP:

                                Jesus. Can you give that shit a break for one thread? This thread has not a thing to do with Trump.

                                Your question: given what we have learned from this pandemic, what do we do for the next one?

                                My answer: don't have clowns in charge.

                                Pretty simple. Struck a nerve maybe because you know he's a moron.

                                I also said 7 other things. Jolly and you seem to want to respond to that

                                1 Reply Last reply
                                • MikM Away
                                  MikM Away
                                  Mik
                                  wrote on last edited by
                                  #18

                                  WE KNOW YOU DON'T LIKE TRUMP. WE GET IT.

                                  “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                                  CopperC 1 Reply Last reply
                                  • JollyJ Offline
                                    JollyJ Offline
                                    Jolly
                                    wrote on last edited by
                                    #19

                                    Mindworm.

                                    “Cry havoc and let slip the DOGE of war!”

                                    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                    1 Reply Last reply
                                    • X xenon

                                      🙂

                                      It's true though. People want leadership during a time like this. They want to know someone is being thoughtful and deliberate. Well, I know I do.

                                      You don't necessarily have to do anything. Trump had a few examples of this - he got the retail CEOs to speak. I thought that was great.

                                      But then he goes and pisses it all away by spewing verbal diarrhea on an almost daily basis. There's no adults in the room, or rather, the baby is in charge of the adults.

                                      So yeah - next pandemic, I don't want a clown to be the face of this.

                                      Aqua LetiferA Offline
                                      Aqua LetiferA Offline
                                      Aqua Letifer
                                      wrote on last edited by
                                      #20

                                      @xenon said in Steven Mnuchin: No one should give their lives to increase the GDP:

                                      🙂

                                      People want leadership during a time like this.

                                      I dunno about that. I think it's more important that people feel like soldiers, not victims. Give 'em something important to do, and put them in charge of their own destinies. I think that's really what people want.

                                      Please love yourself.

                                      X Doctor PhibesD 2 Replies Last reply
                                      • Aqua LetiferA Aqua Letifer

                                        @xenon said in Steven Mnuchin: No one should give their lives to increase the GDP:

                                        🙂

                                        People want leadership during a time like this.

                                        I dunno about that. I think it's more important that people feel like soldiers, not victims. Give 'em something important to do, and put them in charge of their own destinies. I think that's really what people want.

                                        X Offline
                                        X Offline
                                        xenon
                                        wrote on last edited by xenon
                                        #21

                                        @Aqua-Letifer said in Steven Mnuchin: No one should give their lives to increase the GDP:

                                        @xenon said in Steven Mnuchin: No one should give their lives to increase the GDP:

                                        🙂

                                        People want leadership during a time like this.

                                        I dunno about that. I think it's more important that people feel like soldiers, not victims. Give 'em something important to do, and put them in charge of their own destinies. I think that's really what people want.

                                        That's fair. I think leaders are usually offered a "call to arms" opportunity. Last time something similar happened was perhaps 9/11. That was a literal call to arms - I guess.

                                        But leaders do have the space for a call to action in these situations .

                                        The other country I'm familiar with is Canada. I don't like Trudeau - most conservatives don't, but he got a pretty sizable sentiment boost out of this with a fairly vanilla response. (And I think that guy is in way over his head as well)

                                        1 Reply Last reply
                                        • Aqua LetiferA Aqua Letifer

                                          @xenon said in Steven Mnuchin: No one should give their lives to increase the GDP:

                                          🙂

                                          People want leadership during a time like this.

                                          I dunno about that. I think it's more important that people feel like soldiers, not victims. Give 'em something important to do, and put them in charge of their own destinies. I think that's really what people want.

                                          Doctor PhibesD Online
                                          Doctor PhibesD Online
                                          Doctor Phibes
                                          wrote on last edited by
                                          #22

                                          @Aqua-Letifer said in Steven Mnuchin: No one should give their lives to increase the GDP:

                                          @xenon said in Steven Mnuchin: No one should give their lives to increase the GDP:

                                          🙂
                                          I think it's more important that people feel like soldiers, not victims. Give 'em something important to do, and put them in charge of their own destinies. I think that's really what people want.

                                          Also, haircuts and tattoos.

                                          I was only joking

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