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Which was a big issue I've had with the recovery response from both parties.Ultimately, we can print enough money to make the stock market look good. But this is a slow burn.The main issue from my POV - The govt is helping corporations who've overextended themselves and mis managed any semblance of a rainy day fund that most of us simply expect others do be able to do for themselves. And of course, who gets the $ was bought and paid for by the lobbies and politicians who are in cahoots, but that's a whole different thread.COVID is a bad situation for everyone. I just think the way the govt printed & dished out corporate $ will extend the struggle longer than necessary. Housing will be a mess, commercial real estate will go down in flames between bankruptcies and companies realizing they don't need office space to function anymore. Jobs will eventually come back, but goods will be more expensive and dollars will be worth less. BTW I know very little about the economy but like to B.S. a little... Certainly not great with money, but not the worst either. If there's one thing we can probably all agree on... Tough times ahead . But on the bright side - The Crimson Tide is looking really damn good! This recent recruiting haul has been legendary... Seriously. If these guys hit the field, titles are sure to follow! RTR!
Which was a big issue I've had with the recovery response from both parties.
Ultimately, we can print enough money to make the stock market look good. But this is a slow burn.
The main issue from my POV - The govt is helping corporations who've overextended themselves and mis managed any semblance of a rainy day fund that most of us simply expect others do be able to do for themselves. And of course, who gets the $ was bought and paid for by the lobbies and politicians who are in cahoots, but that's a whole different thread.
COVID is a bad situation for everyone. I just think the way the govt printed & dished out corporate $ will extend the struggle longer than necessary. Housing will be a mess, commercial real estate will go down in flames between bankruptcies and companies realizing they don't need office space to function anymore. Jobs will eventually come back, but goods will be more expensive and dollars will be worth less. BTW I know very little about the economy but like to B.S. a little... Certainly not great with money, but not the worst either. If there's one thing we can probably all agree on... Tough times ahead .
But on the bright side - The Crimson Tide is looking really damn good! This recent recruiting haul has been legendary... Seriously. If these guys hit the field, titles are sure to follow! RTR!
