Reopening America - White House Guidelines... May 1st

[Tapeworm]

Tapeworm for President !

Hold that vote, citizen. This candidate was the one in the mask at the grocery store a few weeks ago. In my defence, they told me that millions were doomed. Hospitals unable to cope, they said. Worse than Spanish Flu, they said.

By now there's no reason to compound that fuckup by continuing to bankrupt people now that the error is clear. Driving the working class into destitution ain't so bright. Losing everything you've worked is liable to sour your mood. What happens when you can't afford food for your family because of someone's newly invented rules? They're playing with fire.

I thought we'd see a black riot as civil unrest rose. Wrong again. It's gonna be a white riot.

[LurkerNoMore]

Why not?

Because it was swallowed up by big businesses.  They said it was for companies with employees up to 500.  However, if you got 500 employees, you are not a small business imo. 

Even the few that did get something, it isn't enough to make a dent.  The amount you receive is automatically determined to be 2.5 the monthly amount of your employee salaries.  For the food service industry, that amount is going to be low, because the salaries are low.  About $5 due to the tip based nature.  However, they do NOT factor in tip amounts.  It is strictly by what you show them on your PayChex or other third party pay roll system that you are paying.

A small company like a gelato shop or neighborhood pizza place is going to get raped.  Example : because their payroll is basically about $1000 a month for the few employees they have.  The 2.5 formula is going to determine the amount to be $10,000 that they qualify for (they only account for 10 weeks).  So that business will get 10K, and you are required to spend 75% of that directly paying employees.  That only leaves $2500 for them to pay for their rent, utilities, insurance, inventory that had to be replaced, etc.. during the shut down.  The tiny little store shops in this area goes for about $8000 per month for something about the size of a closet.

The kicker is that you only qualify if it is YOU paying your employees.  They can't be on unemployment.  If they are, they have to come off.  Now tell me this....  what kind of food service employee sitting at home with (FL amount) $275 per week PLUS an additional $600 per week for a total of $875 per week is going to get off that, just to receive the $150  a week that their employer paycheck is worth?  Remember, tips don't count.  Just what is averaged from on your check stub from the last three months.

$875 > $150.  Which one do you think people will pick?

The PPP program is beneficial if you have employees making $1000 a week or more.  That way you can pay them what their current rate of salary is, without them having to go on unemployment and end up suffering with the lower $275 a week.

The only way small businesses are going to be able to survive in most cases is if they get a SBA approved loan and then pray that loan forgiveness becomes available on down the road.  But as it stands now, they are not going to survive on the way the PPP is set up now.

[Irongrip400]

Because it was swallowed up by big businesses.  They said it was for companies with employees up to 500.  However, if you got 500 employees, you are not a small business imo. 

Even the few that did get something, it isn't enough to make a dent.  The amount you receive is automatically determined to be 2.5 the monthly amount of your employee salaries.  For the food service industry, that amount is going to be low, because the salaries are low.  About $5 due to the tip based nature.  However, they do NOT factor in tip amounts.  It is strictly by what you show them on your PayChex or other third party pay roll system that you are paying.

A small company like a gelato shop or neighborhood pizza place is going to get raped.  Example : because their payroll is basically about $1000 a month for the few employees they have.  The 2.5 formula is going to determine the amount to be $10,000 that they qualify for (they only account for 10 weeks).  So that business will get 10K, and you are required to spend 75% of that directly paying employees.  That only leaves $2500 for them to pay for their rent, utilities, insurance, inventory that had to be replaced, etc.. during the shut down.  The tiny little store shops in this area goes for about $8000 per month for something about the size of a closet.

The kicker is that you only qualify if it is YOU paying your employees.  They can't be on unemployment.  If they are, they have to come off.  Now tell me this....  what kind of food service employee sitting at home with (FL amount) $275 per week PLUS an additional $600 per week for a total of $875 per week is going to get off that, just to receive the $150  a week that their employer paycheck is worth?  Remember, tips don't count.  Just what is averaged from on your check stub from the last three months.

$875 > $150.  Which one do you think people will pick?

The PPP program is beneficial if you have employees making $1000 a week or more.  That way you can pay them what their current rate of salary is, without them having to go on unemployment and end up suffering with the lower $275 a week.

The only way small businesses are going to be able to survive in most cases is if they get a SBA approved loan and then pray that loan forgiveness becomes available on down the road.  But as it stands now, they are not going to survive on the way the PPP is set up now.

I believe the 500 employee ceiling was a bit much. It should’ve been 50-100 or something but I guess they had their way of doing the metrics and it worked out better in the long run to help save up to 500 employees.

The food service industry is being propped up somewhat by the curbside and to go orders. The wait staff not so much but some of our local restaraunts are contributing 20% of sales to their wait staff to help them through.

When I talked to my bank (I was approved for my PPP loan) he told me that he was mostly worried about the hospitality clients. I’m in a “resort area” with hotels. Anyway, they’re all taking these loans, they have no employees because they’re all closed, but they’re going to take the money because they have no choice. In the long run they’ll be saddled with a loan they may not be able to repay. I’m not sure they have a choice, or that any of us do for that matter. We have to take it because we have no choice.

[pellius]

Because it was swallowed up by big businesses.  They said it was for companies with employees up to 500.  However, if you got 500 employees, you are not a small business imo. 

Even the few that did get something, it isn't enough to make a dent.  The amount you receive is automatically determined to be 2.5 the monthly amount of your employee salaries.  For the food service industry, that amount is going to be low, because the salaries are low.  About $5 due to the tip based nature.  However, they do NOT factor in tip amounts.  It is strictly by what you show them on your PayChex or other third party pay roll system that you are paying.

A small company like a gelato shop or neighborhood pizza place is going to get raped.  Example : because their payroll is basically about $1000 a month for the few employees they have.  The 2.5 formula is going to determine the amount to be $10,000 that they qualify for (they only account for 10 weeks).  So that business will get 10K, and you are required to spend 75% of that directly paying employees.  That only leaves $2500 for them to pay for their rent, utilities, insurance, inventory that had to be replaced, etc.. during the shut down.  The tiny little store shops in this area goes for about $8000 per month for something about the size of a closet.

The kicker is that you only qualify if it is YOU paying your employees.  They can't be on unemployment.  If they are, they have to come off.  Now tell me this....  what kind of food service employee sitting at home with (FL amount) $275 per week PLUS an additional $600 per week for a total of $875 per week is going to get off that, just to receive the $150  a week that their employer paycheck is worth?  Remember, tips don't count.  Just what is averaged from on your check stub from the last three months.

$875 > $150.  Which one do you think people will pick?

The PPP program is beneficial if you have employees making $1000 a week or more.  That way you can pay them what their current rate of salary is, without them having to go on unemployment and end up suffering with the lower $275 a week.

The only way small businesses are going to be able to survive in most cases is if they get a SBA approved loan and then pray that loan forgiveness becomes available on down the road.  But as it stands now, they are not going to survive on the way the PPP is set up now.

Yeah, that $600/week across the board for everybody is crazy. We don't have the money. Just printed more paper isn't going to make you any more richer.

[LurkerNoMore]

On the other hand, it is going to improve some businesses like my gf's when the competitors go under and can't recover.  Not to mention a potential housing market crash next year for investors like me.

Gotta find the silver lining somehow I suppose.

[milone79]

This will be devastating. Too soon to open.

then you stay under your bed until you feel safe to come out!!! The rest of us have work to do!!!!!

[booty]

then you stay under your bed until you feel safe to come out!!! The rest of us have work to do!!!!!

I am in Australia. We are down to almost no new cases.

[funk51]

pa went from 764 to 1112 deaths in a day. that's just one state.

[Hypertrophy]

On the other hand, it is going to improve some businesses like my gf's when the competitors go under and can't recover.  Not to mention a potential housing market crash next year for investors like me.

Gotta find the silver lining somehow I suppose.

I can only imagine what your gf's business is. Does it have something to do with fishnet stockings and leaning into car windows at 1 AM?

[LurkerNoMore]

I can only imagine what your gf's business is. Does it have something to do with fishnet stockings and leaning into car windows at 1 AM?

Anti Aging clinics.

[Primemuscle]

I am in Australia. We are down to almost no new cases.

I just read this in the newspaper today. That's great news. I also read where the beaches there are opening back up. Gotta love the beach. A dip in the ocean will cure all that ails you.

[robcguns]

I’m in mass and we are one of the hardest hit states.im guessing we won’t reopen till prob June.I think we will follow NH with schools being closed rest of the year.

[WalterWhite]

I’m in mass and we are one of the hardest hit states.im guessing we won’t reopen till prob June.I think we will follow NH with schools being closed rest of the year.

NH presently has 78 people in the hospital with covid with a 5k bed capacity. The total number of deaths "attributed" not confirmed is 42.

Panic in the streets! 

[Tapeworm]

I am in Australia. We are down to almost no new cases.

Therefore police checkpoints and tracking apps have never been more necessary. Losing another 60 seniors to this plague is unconscionable.

[Irongrip400]

Anti Aging clinics.

They’re still open here, just not the facials and shit like that.

[LurkerNoMore]

They’re still open here, just not the facials and shit like that.

Not here.  There are some trying to skirt the issue by saying they are only handling "pre-existing" appointments only.  Unless they are one that are offering services of invasive nature. 

Thing is, a good number of them are NOT going to reopen.  Luckily my gf owns the property where both of her businesses are located, so she doesn't have that overhead.  But others are not that lucky.  They may get the back rent deferred, but then they still got to pay the lease on their equipment and shit.  And those companies are not deferring that, I can tell you that right now. 

[Hypertrophy]

Therefore police checkpoints and tracking apps have never been more necessary. Losing another 60 seniors to this plague is unconscionable.

 

[CalvinH]

Where I live It's a shit show.everybody knows someone who has it or had it. I had a uncle who's father passed from it.
I had it myself. I had one day of a killer headache,one weeks of aches and pain,just a feeling of "meh"
Weird thing was losing all sense of taste and smell for two weeks.
I was cleared to go back to work last week.

[njflex]

Where I live It's a shit show.everybody knows someone who has it or had it. I had a uncle who's father passed from it.
I had it myself. I had one day of a killer headache,one weeks of aches and pain,just a feeling of "meh"
Weird thing was losing all sense of taste and smell for two weeks.
I was cleared to go back to work last week.

TASTE AND SMELL thing was also reported by a news anchor forgot name she said same thing.

[Hypertrophy]

I am sure that a good part of the population has already had this. Daughter returned from running the LA Marathon in March (pre shutdown)  and complained of deep fatigue and headaches for two weeks. She had already run NY and Chicago marathons in the prior year and always felt fine within 3 days after. Then I felt like crap for two weeks- sharp cough, extreme fatigue and a monstrous headache every day.

I figured I had something flu-like so stayed away from people just like I would with the flu. It passed and was back to normal after those two weeks.

Anecdotally a lot of my friends in South Carolina, who I hadn't come in contact with, claimed similar symptoms. Was this Covid or just the flu? No idea since no tests were available.

Viruses can travel fast - far faster than we think. But this shutdown was insane.

[CalvinH]

TASTE AND SMELL thing was also reported by a news anchor forgot name she said same thing.

That's why I got tested.went to the doc at first and they didn't think it was anything.I went home and had dinner and no taste.
I called the doc back and told him.Then they had me tested.


...Luckily for me I had all those pictures of the Y boarders while alone in quarantine!!

[Methyl m1ke]

Therefore police checkpoints and tracking apps have never been more necessary. Losing another 60 seniors to this plague is unconscionable.

I see what you did there 

[funk51]

will history repeat.

[funk51]

will history repeat.

sp

[liberty]