Fish Felon wrote:When people stop getting paid to do bullshit jobs is when they lose their homes, lose their vehicles, lose all their shit, lose their freedom since you're only free when you can afford to be, and lose their dignity.
When people lose their dignity they become animals.
We're going to have a country full of rabid dogs that have beaten and abused....
.....and they're about to break loose from their chains.
You're spare parts, aren't ya bud?
The peeps without $400 in their account are the ones that are going to be fine. They're used to being broke, have networks to deal with it, and lower wage jobs will come back faster... with an increase in higher wage public works jobs like bridge and highway. Hell, Pa Ingall's had to go work the railroad after farming went bust, not the first time this has happened.....
Bullshit jobs: Bull shit jobs are jobs where someone gets paid an insane amount of money to be stupid. This is most of the people that work at Apple. They are SUPER ****!ng smart, but Apple pays them to be stupid. Example: iPhone X with wireless charger and swype key pad..... funny, I had a Droid X with wireless charger and swype key pad 6 years before Apple did. But holy SH!T did Apple think they cured the world of real problems.
I know people at Apple. Through one of their LinkedIn connections another Apple employee posted with dripping accolades because Apple donated N95 masks.... "what a company, I'm SO PROUD to be a part of a company that would think of this....." BARF. EVERYONE has been donating N95 masks, but apparently at Apple the stoopid people think they invented it. They also think Apple invented the iPod.... Apple designed the iPod, it's a ****!ng MP3 player that had been around for 5 years before Apple designed one.
Bankers. You want a ****!ng job that requires you to be really ****!ng stupid- go be a branch "Vice President" at a bank. Bull sh!t job. Sure, you need a great GPA, good credit, no criminal record, etc..... but fukc, you have to turn the synapses off, get a lobotomy, and swallow whatever pill Nurse Ratchet puts in your paper cup each morning.
Design Engineers- you know what the first thing a Design Engineer figures out at MOST companies? They figure out they don't get to design or engineer anything- marketing will tell them what to make, accounting will them what it has to cost, and next year they'll change the handle to call it "new and improved". Most of these people already want to put a bullet in their brain, but the paycheck is too high to afford that change of lifestyle.
Now, some of these, like the Design Engineer, are going to be freed from the BS and revel in it. There's a good possibility they have skills and can make shit. But bankers and Apple marketers- they are going to have a hard time understanding failure since they've been constantly rewarded for other's success. They won't be able to deal with failure. You'll see it with "business owners", too, like this guy a couple years ago:
https://www.hometownsource.com/laker_pioneer/news/publicsafety/greenwood-murder-suicide-investigation-comes-to-an-end/article_27dd1e5e-84d3-5170-8f01-19666910a5eb.html or the tales of Wall Street investment bankers jumping out of windows on Black Tuesday.
I'm not saying it's NOT going to be ugly regardless, but the market has been propped up with ever larger deficit spending and steeper tax breaks. Now that those have worn off the correction is coming and Covid-19 was the excuse. You're going to see more Keynsian economics that basically state it doesn't matter where the money comes from, it needs to come. Will some houses go dark- yep. But there's only one or two banks that actually WANT a house, and i'm guessing more houses went empty in 2008 than will in 2020/21. Landlords are going to take a hit, but if they have good tenants they are going to work with them because landlords aren't stupid enough to evict a later payer when everyone in the building lost their job. It's negotiation time.
Additionally, we've been at historically low labor participation rates. Why? easier to drive for Uber and make 15$ an hour than work for The Man at the gas station. If everyone decides $100 a night Uber budgets are a waste of cash, that labor comes back into the market in the form of construction workers, laborers, etc. Kwik Trip won't have difficulty finding people to work.
THE THING YOU SHOULD FEAR IS BERNIE SANDERS ON THE ELECTION TICKET THIS FALL. That's a scarier reality than your Armageddon fantasy rants....