News Article: Good luck dealing with a pandemic, depending on this administration...

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Actually, the economy was quite robust before the pandemic but it was spurred on by fiscally irresponsible tax cuts and defense spending. Granted, not all the jobs in this economy were great, but that is more a reflection of what happens when you transition from an economy that makes things to a service sector based one. The service sector transition has been in the making for a number of years so you can’t pin that on any individual administration. The only good I see out of this pandemic, from an economic point of view, is that it is going to wake America up to the fact that just buying everything from the cheapest country is not in our best interest in the long run. We’ve got to get back to making things here again instead of outsourcing it.

As early as September the Fed was already pumping money into the repo markets.

Sept- https://www.reuters.com/article/us-usa-fed-repo-reaction-analyst-view-idUSKBN1W31U1

Oct- https://markets.businessinsider.com...t-not-calm-liquidity-fears-2019-10-1028643549

Nov- https://www.politico.com/news/2019/11/15/federal-reserve-funding-markets-071142

January- https://bitcoinmagazine.com/article...illion-into-the-repo-market-where-does-it-end

The economy was showing cracks pre-pandemic for a while.
 
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“We know that this isn’t going away anytime soon, so we’ll keep this facility stood up even if it’s not being used for the foreseeable future. So whatever happens in the fall, or until we get a vaccine, it will help us continue to be ready.”

but in the meantime, lets open movie theaters

Our Governor is a moron
 
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but in the meantime, lets open movie theaters

Our Governor is a moron
Honestly, we need some Darwinism to take effect in some of these areas. Open the doors and gas anyone stupid enough to enter. (j/k, I think)
 
and this economy we have now is actually his fault. Had he taken this virus seriously when his intelligence people were begging him to in January we may have been able to defend ourselves without the drastic shut down measures. I'd also argue that the economy we had wasn't near as good as he purported

And had they not been pouring nitrous on an already healthy economy, there would actually be levers to pull to make meaningful changes that might help spur stimulus. As it is right now everything is just going on the credit card again.
 
It isn't over til it's over. Don't underestimate Montgomery's ability to turn this into a snafu.

Not only Montgomery but local officials as well.

Some Sheriffs Refuse to Enforce Govenor’s Safer at Home Order

ETA- Chambers County was discussed earlier. They’re mentioned in the article. They have an infection rate of 90 cases for every 10,000 people. They only have 34,000 people in the county. They’ve also had 21 deaths, three of which stemmed from contracting COVID while attending a church service.

 
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