The ultimate COVID thread

[deleted126335]

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Nobody is owed a living wage. You are generally going to be paid what you contribute. If people want to be responsible, train, and work hard there are plenty of trades and other jobs that need talent and pay a very good living wage. But the idea that somebody deserves a living wage for making a career out of jobs that contribute next to nothing and any 16 year old kid on summer vacation could do is a bit foolish.

Loss of low skill living wage jobs and good paying middle skill jobs and the associated loss of social mobility and increasing wealth inequality has been tremendously corrosive for American society over the last few decades. 30+ years ago you only had to do a few things right to almost guarantee not being poor. Graduate high school, don’t commit crimes, don’t abuse drugs or alcohol, don’t have a child out of wedlock and be willing to work. That was basically it. Doing those things doesn’t even get you in the game any more.


Sent from my iPhone using SDN mobile

 

[AMEHigh]

Nobody is owed a living wage. You are generally going to be paid what you contribute. If people want to be responsible, train, and work hard there are plenty of trades and other jobs that need talent and pay a very good living wage. But the idea that somebody deserves a living wage for making a career out of jobs that contribute next to nothing and any 16 year old kid on summer vacation could do is a bit foolish.

I think that is very far from the truth.
There are teachers in some states that get paid $44,000 a year. I guess technically that's a living wage, but for someone with a bachelor's degree that will typically go on to be required to get a master's degree that is really not much for someone who helps to educate us.
Do home care attendents, hospice workers and nursing home workers contribute nothing to society?
The whole "boot straps" argument is so laughable. You really think that everyone in poverty just isn't responsible and doesn't work hard enough?
You might want to go back to the history books that tell the true history of american to understand the system reasons why poverty exists.

I mean look at right in medicine for example.
You think the plastic surgeon making hollywood look better with fake boobs is contributing so much more worth to society than the family med doctor working in rural america taking care of the under and uninsured that they deserve such a higher salary?

 

[anbuitachi]

Dow futures surge more than 700 points amid hope of coronavirus treatment


Gilead up 16% right now...

very odd response

 

[AMEHigh]

Loss of low skill living wage jobs and good paying middle skill jobs and the associated loss of social mobility and increasing wealth inequality has been tremendously corrosive for American society over the last few decades. 30+ years ago you only had to do a few things right to almost guarantee not being poor. Graduate high school, don’t commit crimes, don’t abuse drugs or alcohol, don’t have a child out of wedlock and be willing to work. That was basically it. Doing those things doesn’t even get you in the game any more.


Sent from my iPhone using SDN mobile

That was definitely true for many people, but not all Black people especially. The whole structural racism also has and continues to make it difficult for upward mobility for many. But yes I agree with you 100%. The wealth inequality has definitely been such a huge problem.

I guess the people who aren't aware that poor people do work hard as well haven't lived outside of their bublle all throughout college, med school, residency or while being an attending?

 

[deleted126335]

That was definitely true for many people, but not all Black people especially. The whole structural racism also has and continues to make it difficult for upward mobility for many. But yes I agree with you 100%. The wealth inequality has definitely been such a huge problem.

I guess the people who aren't aware that poor people do work hard as well haven't lived outside of their bublle all throughout college, med school, residency or while being an attending?

Fair points.

 

[vector2]

What a petty little orange snowflake. Of course, prioritizing personal spats over having a Senator who was actually a governor on the team

 

[We'llBeDoneIn15Minutes]

"If it’s all about contribution then what do stockholders really contribute?"

That's a fair question and I put the word, generally, in there for a reason. For the most part, it's still America and it the opportunity is there to better yourself and be paid a living wage.

The wealth inequality is horrendous. No argument from me. On the other end of the spectrum, just because for a tiny micro blip in the history of man a high school degree meant your life might likely be modestly ok financially doesn't mean this is owed to you indefinitely. If that's the sum total of what somebody did in life to aquire skills, he rightfully isn't going to be valued highly in economic terms, and receiving a living wage is simply subsidizing his lack of contribution. I'm all for safety nets, but I'm not for incentivizing lack of motivation to be better.

Stay drug and crime free.
Don't have children ever if you can't afford them.
Live modestly.
Put in the time and effort as priority number one to make yourself marketable in some manner.

You do that you'll have a living wage. This idea of government centric economy is crazy. NOBODY owes you a job. You owe it to yourself to make yourself at least of some value to somebody else's capital.

Life is unfair. People suck. No one rich deserves that wealth inequality. I agree with all of it. But if you want a living wage that's mostly on you to put yourself in that position.

 

[We'llBeDoneIn15Minutes]

I guess the people who aren't aware that poor people do work hard as well haven't lived outside of their bublle all throughout college, med school, residency or while being an attending?

Or maybe they grew up with poor immigrants in the family that showed them how to get from nowhere to somewhere wasn't by expecting someone else to do it for them, and worked and loaned their way through said schooling....
Ahh, lightbulb goes on

 

[deleted87051]

"If it’s all about contribution then what do stockholders really contribute?"

That's a fair question and I put the word, generally, in there for a reason. For the most part, it's still America and it the opportunity is there to better yourself and be paid a living wage.

The wealth inequality is horrendous. No argument from me. On the other end of the spectrum, just because for a tiny micro blip in the history of man a high school degree meant your life might likely be modestly ok financially doesn't mean this is owed to you indefinitely. If that's the sum total of what somebody did in life to aquire skills, he rightfully isn't going to be valued highly in economic terms, and receiving a living wage is simply subsidizing his lack of contribution. I'm all for safety nets, but I'm not for incentivizing lack of motivation to be better.

Stay drug and crime free.
Don't have children ever if you can't afford them.
Live modestly.
Put in the time and effort as priority number one to make yourself marketable in some manner.

You do that you'll have a living wage. This idea of government centric economy is crazy. NOBODY owes you a job. You owe it to yourself to make yourself at least of some value to somebody else's capital.

Life is unfair. People suck. No one rich deserves that wealth inequality. I agree with all of it. But if you want a living wage that's mostly on you to put yourself in that position.

And win the birth lottery by not being born into a slum.

 

[anbuitachi]

Or maybe they grew up with poor immigrants in the family that showed them how to get from nowhere to somewhere wasn't by expecting someone else to do it for them, and worked and loaned their way through said schooling....
Ahh, lightbulb goes on

that kind of thinking will NEVER be accepted in the US

 

[We'llBeDoneIn15Minutes]

that kind of thinking will NEVER be accepted in the US

I just don't want to be that pessimistic. But it was the prevalent thinking of the greatest generation.

 

[We'llBeDoneIn15Minutes]

Excellent unbiased article regarding the Swede approach. It's hated by the left media, loved by the right media, neither a lockdown, nor do nothing, and they aren't gunning for herd immunity. Did you know schools for older kids and universities are closed? Did you know there is no bar service, only table service?

As they aptly compare, it's trying to hold up from a public health standpoint by slowing the speed limit down to 40 mph and keeping decent efficiency, whereas everyone else is slowing down to 10 mph and grinding efficiency to a halt. You have to at least be routing for them to succeed if you aren't insane. If they are successful we all follow their lead.

#teamsweden

Can You Beat COVID-19 Without a Lockdown? Sweden Is Trying

The Swedish experiment is to accept the coronavirus as a problem to be managed, rather than conclusively defeated. But will it mean more deaths?

www.vanityfair.com

 

[deleted87051]

Excellent unbiased article regarding the Swede approach. It's hated by the left media, loved by the right media, neither a lockdown, nor do nothing, and they aren't gunning for herd immunity. Did you know schools for older kids and universities are closed? Did you know there is no bar service, only table service?

As they aptly compare, it's trying to hold up from a public health standpoint by slowing the speed limit down to 40 mph and keeping decent efficiency, whereas everyone else is slowing down to 10 mph and grinding efficiency to a halt. You have to at least be routing for them to succeed if you aren't insane. If they are successful we all follow their lead.

#teamsweden

Can You Beat COVID-19 Without a Lockdown? Sweden Is Trying

The Swedish experiment is to accept the coronavirus as a problem to be managed, rather than conclusively defeated. But will it mean more deaths?

www.vanityfair.com

I am glad they are doing the experiment for us and yes I hope they succeed. It’s no surprise their strategy is controversial within their own borders with much of the opposition coming from doctors, scientists, and schoolteachers.

Critics question Swedish approach as coronavirus death toll reaches 1,000

Scientists question light-touch tactics as other Nordic countries record lower death rates

www.theguardian.com

 

[deleted87051]

Combating COVID-19 | The White House

The Biden-Harris plan to beat COVID-19

www.whitehouse.gov

Says we need testing and contact tracing, surge capacity, PPE, etc. I don’t see that happening in most, if any, states until June at the earliest. As far as I know Massachusetts is the only state that has begun hiring and training people to do contact tracing.

Massachusetts Response

Partners In Health Helping State Trace Contacts of COVID-19 Patients in Landmark Agreement with MA Gov’s Office.

www.pih.org

 

[LineAndBerry]

That depends on the virus.

Not really. It depends on our response to the virus. The virus is not the cause of our ruined economy and the consequent misery and hardship for millions of lives.

 

[LineAndBerry]

Loss of low skill living wage jobs and good paying middle skill jobs and the associated loss of social mobility and increasing wealth inequality has been tremendously corrosive for American society over the last few decades. 30+ years ago you only had to do a few things right to almost guarantee not being poor. Graduate high school, don’t commit crimes, don’t abuse drugs or alcohol, don’t have a child out of wedlock and be willing to work. That was basically it. Doing those things doesn’t even get you in the game any more.


Sent from my iPhone using SDN mobile

https://www.washingtonpost.com/postlive/opinion-three-simple-rules-poor-teens-should-follow-to-join-the-middle-class/2013/03/13/8695a056-8a97-11e2-8d72-dc76641cb8d4_story.html

 

[LineAndBerry]

I think that is very far from the truth.
There are teachers in some states that get paid $44,000 a year. I guess technically that's a living wage, but for someone with a bachelor's degree that will typically go on to be required to get a master's degree that is really not much for someone who helps to educate us.
Do home care attendents, hospice workers and nursing home workers contribute nothing to society?
The whole "boot straps" argument is so laughable. You really think that everyone in poverty just isn't responsible and doesn't work hard enough?
You might want to go back to the history books that tell the true history of american to understand the system reasons why poverty exists.

I mean look at right in medicine for example.
You think the plastic surgeon making hollywood look better with fake boobs is contributing so much more worth to society than the family med doctor working in rural america taking care of the under and uninsured that they deserve such a higher salary?

Fortunately, we still can choose what professions we enter. A teacher, for example, can choose to forgo a higher income for a love of teaching. A doctor can forgo 14 years of their prime to train for their profession. We still have a choice (liberty) and every choice has consequences.

 

[LineAndBerry]

And win the birth lottery by not being born into a slum.

People can rise out of a slum. By hard work and bucking the culture mainly. Look at Ben Carson, Star Parker, et al.

 

[Mman]

People can rise out of a slum. By hard work and bucking the culture mainly. Look at Ben Carson, Star Parker, et al.

while you can, simple statistics will show the benefits of being born in the right place at the right time. It'd be stupid to ignore how much luck is built into the success of a person.

edit: Warren Buffett called it the "ovarian lottery". He points out that his being born a white man in America with above average intelligence at the time he was put him ahead of probably 99% of the world to start with and he had nothing to do with that happening.

 

[AMEHigh]

Fortunately, we still can choose what professions we enter. A teacher, for example, can choose to forgo a higher income for a love of teaching. A doctor can forgo 14 years of their prime to train for their profession. We still have a choice (liberty) and every choice has consequences.

No one said that people don’t have choice (in general). I was responding to the poster who essentially said that people who work the hardest and contribute more to society get paid more. That simply is not true. Poor people aren’t lazy and irresponsible like was implied. If one doesn’t think that luck and external forces don’t have any affect on your life outcome then you’re living on a different planet and we’re never going to agree.

I mean we started talking about this because of the pandemic and the fact that a lot of people are laid off right now and need help. That even includes doctors. So if you think that doctors who are laid off right now and need help from the government in the form of a pause on their student loans or a few extra months to pay their mortgage because they’re not hard workers and are irresponsible then you don’t understand the reality for many people. Not everyone that is a doctor makes $300,000, lives alone in the low cost of living location, has a paid off house, no student loans and parents who can bail them pay their bills. A little empathy and understanding outside of your own consequences goes a long way even if you were able to "boot strap" it.

 

[AMEHigh]

And society as a whole benefits from living in a healthy, educated and not poor society. So I truly never understand the people who don’t want to help others that are less fortunate. Right now is not the time to turn our back on others. Does one really think that not helping the millions of people right now who need assistance due to a damn pandemic is really going to better society? There are plenty of intelligent and responsible people right now without jobs. If you don’t know anyone in that situation then your privilege is definitely showing.

So yes let’s have more people homeles, without health insurance, without food, proper hygiene, etc because that certainly is going to make the pandemic affect all of us less, ugh.

 

[deleted643396]

Excellent unbiased article regarding the Swede approach. It's hated by the left media, loved by the right media, neither a lockdown, nor do nothing, and they aren't gunning for herd immunity. Did you know schools for older kids and universities are closed? Did you know there is no bar service, only table service?

As they aptly compare, it's trying to hold up from a public health standpoint by slowing the speed limit down to 40 mph and keeping decent efficiency, whereas everyone else is slowing down to 10 mph and grinding efficiency to a halt. You have to at least be routing for them to succeed if you aren't insane. If they are successful we all follow their lead.

#teamsweden

Can You Beat COVID-19 Without a Lockdown? Sweden Is Trying

The Swedish experiment is to accept the coronavirus as a problem to be managed, rather than conclusively defeated. But will it mean more deaths?

www.vanityfair.com

Again, for the millionth time, it all comes down to healthcare system capacity. Does Sweden have the healthcare capacity to manage the surge? Stop turning this into a left vs right argument. That’s just dumb. This was never about defeating the virus. We missed that boat long ago. NYC and the surrounding region had no choice, but to shutdown. It was a looming disaster and “flattening the curve” seems to be allowing the healthcare system to cope with the surge. Other regions may have been able to get away with a more lenient social distancing policy. I don’t know. What I do know is the availability of widespread testing would have given us the information we needed to know to respond more precisely. We didn’t have that information and we chose trying to save lives instead of the economy.

#teamscience

 

[deleted87051]

https://www.washingtonpost.com/postlive/opinion-three-simple-rules-poor-teens-should-follow-to-join-the-middle-class/2013/03/13/8695a056-8a97-11e2-8d72-dc76641cb8d4_story.html

If only poor teens read the WaPo opeds. They’re missing out on all that good mansplainin’ advice.

 

[vector2]

If only poor teens read the WaPo opeds. They’re missing out on all that good mansplainin’ advice.

 

[VA Hopeful Dr]

View attachment 302568

The insane cost of college these days hurts everyone. I've yet to see a decent idea of what to do about this (I know I don't have one).

 

[BLADEMDA]

Stocks surged after a report said a Gilead Sciences drug showed some effectiveness in treating the coronavirus, giving investors some hope there could be a treatment solution that helps the country reopen faster from the widespread shutdowns that have plunged the economy into a recession.

The Dow Jones Industrial Average jumped 500 points, or more than 2%, and was on pace for its first close above 24,000 for the first time since March 10. The S&P 500 traded 1.8% while the Nasdaq Composite advanced 0.9%.




The moves put the S&P 500 on track for its first back-to-back weekly gains since early February. The S&P 500 has risen 2.3%, while the Nasdaq Composite climbed 5.8%, lifted by double-digit gains in Amazon and Netflix. The 30-stock Dow was up about 1.5% this week.

A jump in Boeing shares and a rollout Thursday evening of the White House plan to reopen the economy also added to the bullish tone on Friday.

Gilead shares jumped more than 10% after STAT news reported that a Chicago hospital treating coronavirus patients with remdesivir in a trial were recovering rapidly from severe symptoms. The publication cited a video it obtained where the trial results were discussed.

“An effective treatment is a huge deal and would create a path to open the economy and resume normal ‘social activities’ way sooner than a vaccine,” said Tom Lee, head of research at Fundstrat Global Advisors. “A treatment is safer and more scalable because it is only given to people who need to be treated.”

Other studies have shown remdesivir to be an effective treatment against the coronavirus. However, they have been smaller in scale. Gilead itself also cautioned that anecdotal reports are not enough to determine yet whether the drug will be an effective treatment.




Still, CNBC’s Jim Cramer said the drug could give the economy a “fighting chance.”

“Remdesivir sounds like something that can get people out of hospitals quickly,” Cramer said in a tweet Thursday. “That allows our economy to have a fighting chance..I think that remdesivir would cut the morbidity ... which would change how quickly we can open... and what we can do.”

 

[vector2]

Fortunately, we still can choose what professions we enter. A teacher, for example, can choose to forgo a higher income for a love of teaching. A doctor can forgo 14 years of their prime to train for their profession. We still have a choice (liberty) and every choice has consequences.

This sort of puerile "I"m a 13 year old who just read Atlas Shrugged for the first time" kind of thinking usually disappears once the kid realizes that there is a human being who stocks grocery shelves and takes out the trash in a hospital.

Some people have some sort of brain disease though where they persist in this thinking even after adolescence

 

[deleted643396]

The insane cost of college these days hurts everyone. I've yet to see a decent idea of what to do about this (I know I don't have one).

Encouraging vocational schools and trade schools would be a good start. Plumbers, electricians, and contractors near me (HCOL) do very well. They are great careers that are not easily automated away, but for some reason are not encouraged by our society. Paying $50k a year to read Plato is not for everyone.

 

[Kevin Durant]

Stocks surged after a report said a Gilead Sciences drug showed some effectiveness in treating the coronavirus, giving investors some hope there could be a treatment solution that helps the country reopen faster from the widespread shutdowns that have plunged the economy into a recession.

The Dow Jones Industrial Average jumped 500 points, or more than 2%, and was on pace for its first close above 24,000 for the first time since March 10. The S&P 500 traded 1.8% while the Nasdaq Composite advanced 0.9%.




The moves put the S&P 500 on track for its first back-to-back weekly gains since early February. The S&P 500 has risen 2.3%, while the Nasdaq Composite climbed 5.8%, lifted by double-digit gains in Amazon and Netflix. The 30-stock Dow was up about 1.5% this week.

A jump in Boeing shares and a rollout Thursday evening of the White House plan to reopen the economy also added to the bullish tone on Friday.

Gilead shares jumped more than 10% after STAT news reported that a Chicago hospital treating coronavirus patients with remdesivir in a trial were recovering rapidly from severe symptoms. The publication cited a video it obtained where the trial results were discussed.

“An effective treatment is a huge deal and would create a path to open the economy and resume normal ‘social activities’ way sooner than a vaccine,” said Tom Lee, head of research at Fundstrat Global Advisors. “A treatment is safer and more scalable because it is only given to people who need to be treated.”

Other studies have shown remdesivir to be an effective treatment against the coronavirus. However, they have been smaller in scale. Gilead itself also cautioned that anecdotal reports are not enough to determine yet whether the drug will be an effective treatment.




Still, CNBC’s Jim Cramer said the drug could give the economy a “fighting chance.”

“Remdesivir sounds like something that can get people out of hospitals quickly,” Cramer said in a tweet Thursday. “That allows our economy to have a fighting chance..I think that remdesivir would cut the morbidity ... which would change how quickly we can open... and what we can do.”

Even if it does show efficacy, the facts that they can only manufacture enough to treat ~100,000 patients this year, it needs to be given inpatient with IV, and that it could still take months before FDA approved for Covid use make it less attractive to me. Opened short positions in GILD today.

 

[anbuitachi]

Even if it does show efficacy, the facts that they can only manufacture enough to treat ~100,000 patients this year, it needs to be given inpatient with IV, and that it could still take months before FDA approved for Covid use make it less attractive to me. Opened short positions in GILD today.

where did you get the info that they can only manufacture 100k?
so far with the poor NEJM paper and this one, both suggest benefit.
any papers suggest no benefit?
with the speed fda is approving things, i doubt it will take months

 

[Mman]

Even if it does show efficacy, the facts that they can only manufacture enough to treat ~100,000 patients this year, it needs to be given inpatient with IV, and that it could still take months before FDA approved for Covid use make it less attractive to me. Opened short positions in GILD today.

how are you "opening short positions"? You said you put literally everything into buying S&P puts that are going to expire worthless. Did you bail out on those previous trades?

 

[Kevin Durant]

how are you "opening short positions"? You said you put literally everything into buying S&P puts that are going to expire worthless. Did you bail out on those previous trades?

I was being flippant with my wording there. It was technically true, I put everything in my trading account at the time on that play, but most of my money is still in cash and IRA accounts. I moved more money over to the trading account to play with. I'm still bullish and have loaded up on more S&P puts on the run up.

 

[Kevin Durant]

where did you get the info that they can only manufacture 100k?
so far with the poor NEJM paper and this one, both suggest benefit.
any papers suggest no benefit?
with the speed fda is approving things, i doubt it will take months

My mistake on the 100k number. Working to Supply Remdesivir for COVID-19
I think there is benefit, but it's definitely not a "miracle" drug as some accounts might have you believe and it's definitely not a game changer for Gilead's profits margins.

 

[Mman]

I was being flippant with my wording there. It was technically true, I put everything in my trading account at the time on that play, but most of my money is still in cash and IRA accounts. I moved more money over to the trading account to play with. I'm still bullish and have loaded up on more S&P puts on the run up.

you are still bullish but are taking bearish actions?

 

[Kevin Durant]

you are still bullish but are taking bearish actions?

Apparently me speak words not so good today. *Bearish

 

[AMEHigh]

The insane cost of college these days hurts everyone. I've yet to see a decent idea of what to do about this (I know I don't have one).

I was reading an article a few months about the first Black person accepted to some medical school (I can't remember which one).
They said that in order to pay for tuition and food he worked through med school. I can't remember the exact job, but it was a "regular" job like a cashier. Of course he faced insane barriers to making it through med school in a very segregated society that we can't compare to today, but these days there are very few people who would be able to have enough of a salary to pay for med school and living expenses. That is just not realistic these days with the cost of schools. So the whole "work harder" line that we keep hearing is ridiculous. People are literally working themselves to death.

 

[anbuitachi]

I was reading an article a few months about the first Black person accepted to some medical school (I can't remember which one).
They said that in order to pay for tuition and food he worked through med school. I can't remember the exact job, but it was a "regular" job like a cashier. Of course he faced insane barriers to making it through med school in a very segregated society that we can't compare to today, but these days there are very few people who would be able to have enough of a salary to pay for med school and living expenses. That is just not realistic these days with the cost of schools. So the whole "work harder" line that we keep hearing is ridiculous. People are literally working themselves to death.

yea for sure. thats why people work thru out college and med school. thats also why we take out 80k in loans a year, to cover for tuition and food so we dont necc have to work while in medical school. and then there are those who do not qualify for loans for whatever reason, and choose to go into something else

 

[VA Hopeful Dr]

yea for sure. thats why people work thru out college and med school. thats also why we take out 80k in loans a year, to cover for tuition and food so we dont necc have to work while in medical school. and then there are those who do not qualify for loans for whatever reason, and choose to go into something else

The problem is that jobs that college kids can get no longer pay for tuition and living expenses on the jobs available.

My grandfather worked and paid his own way through optometry school in the 40s. That is almost literally impossible anymore as OD school costs the same as med school these days and jobs that make enough to cover all of those expenses aren't as easy to come by part-time.

 

[anbuitachi]

The problem is that jobs that college kids can get no longer pay for tuition and living expenses on the jobs available.

My grandfather worked and paid his own way through optometry school in the 40s. That is almost literally impossible anymore as OD school costs the same as med school these days and jobs that make enough to cover all of those expenses aren't as easy to come by part-time.

its definitely a problem. i graduated not too long ago and was working dining jobs for 7.25 a hour. didnt really make a dent in my tuition . but its the new reality and it sucks.

i predict the tuition market will reverse a little. more courses are online, they may lower their tuition. furthermore, im expecting fewer students from China in the next few years due to a number of factors

 

[Lawpy]

Stocks Rally to Close Second Straight Week of Gains

The Dow and S&P advanced as markets were buoyed by optimism that parts of the U.S. economy may begin reopening from coronavirus shutdowns in coming days.

www.wsj.com

 

[We'llBeDoneIn15Minutes]

No one said that people don’t have choice (in general). I was responding to the poster who essentially said that people who work the hardest and contribute more to society get paid more. That simply is not true. Poor people aren’t lazy and irresponsible like was implied. If one doesn’t think that luck and external forces don’t have any affect on your life outcome then you’re living on a different planet and we’re never going to agree.

I mean we started talking about this because of the pandemic and the fact that a lot of people are laid off right now and need help. That even includes doctors. So if you think that doctors who are laid off right now and need help from the government in the form of a pause on their student loans or a few extra months to pay their mortgage because they’re not hard workers and are irresponsible then you don’t understand the reality for many people. Not everyone that is a doctor makes $300,000, lives alone in the low cost of living location, has a paid off house, no student loans and parents who can bail them pay their bills. A little empathy and understanding outside of your own consequences goes a long way even if you were able to "boot strap" it.

You really took off and ran with what I said with a while lot of ad libbing and misinterpretation. No need to repeat it all again, but I was responding to, everybody deserves a living wage, and simply saying most everybody in this country have the opportunity to put themselves in position for a living wage.

The government should not guarantee a living wage for jobs that contribute very little to society. Where did I say those people therefore don't work hard and are lazy? I didn't. Try being honest in your responses to opinions you disagree with.

 

[BLADEMDA]

Vector2 has won the war. We are all socialists now and the end results won't be good. Never let a crisis go to waste and that means the country surges leftward once again to its detriment.

 

[We'llBeDoneIn15Minutes]

Again, for the millionth time, it all comes down to healthcare system capacity. Does Sweden have the healthcare capacity to manage the surge? Stop turning this into a left vs right argument. That’s just dumb. This was never about defeating the virus. We missed that boat long ago. NYC and the surrounding region had no choice, but to shutdown. It was a looming disaster and “flattening the curve” seems to be allowing the healthcare system to cope with the surge. Other regions may have been able to get away with a more lenient social distancing policy. I don’t know. What I do know is the availability of widespread testing would have given us the information we needed to know to respond more precisely. We didn’t have that information and we chose trying to save lives instead of the economy.

#teamscience

What are you upset about? It's the article if you read it that accurately points out how this has become a left right issue. Fox loves Sweden. All mainstream bash them. Clearly their approach is different from ours, and that means most of the rest of the country that isn't New York that is under healthcare capacity. Try reading it before getting so worked up.

 

[We'llBeDoneIn15Minutes]

Encouraging vocational schools and trade schools would be a good start. Plumbers, electricians, and contractors near me (HCOL) do very well. They are great careers that are not easily automated away, but for some reason are not encouraged by our society. Paying $50k a year to read Plato is not for everyone.

Wise words. Nothing more foolish than paying hundreds of thousands on keg parties, a useless literature degree, and no particular marketable skill when you finish.

 

[Lawpy]

The Stock Market Is Ignoring the Economy

The Dow Jones Industrial Average just completed its best two-week performance stretch since the 1930s, even as unemployment and other economic readings get markedly worse.

www.wsj.com

 

[deleted643396]

Vector2 has won the war. We are all socialists now and the end results won't be good. Never let a crisis go to waste and that means the country surges leftward once again to its detriment.

Aren’t you a socialist now? Didn’t you apply for some of that sweet sweet government cheese recently? Spread that socialism on some Ritz crackers and eat it up.

 

[deleted643396]

What are you upset about? It's the article if you read it that accurately points out how this has become a left right issue. Fox loves Sweden. All mainstream bash them. Clearly their approach is different from ours, and that means most of the rest of the country that isn't New York that is under healthcare capacity. Try reading it before getting so worked up.

I didn’t read the article because I assumed it was going to be dumb...especially since you pointed out how they were highlighting how this was a left vs right issue. It’s not. Anyone who suggests that is dumb. Fox News is not journalism, it’s entertainment.

 

[deleted171991]

Fox News is not journalism, it’s entertainment propaganda.

Fixed that for you.

 

[Mad Jack]

Coronavirus deaths will continue to climb in the U.S. this week even as new cases near their peak and the rate of hospitalizations slow down, White House health advisor Dr. Anthony Fauci said Wednesday.

“It’s going to be a bad week for deaths,” Fauci, the director of the National Institute of Allergy and Infectious Diseases, said on Fox News.

Fauci said deaths generally lag behind other aspects of the outbreak such as new cases and hospitalization. New cases appear to be nearing their peak and the rate of hospitalizations is down, he said.

After this week, the U.S. should see the “beginning of a turnaround,” Fauci said.

“So, we need to keep pushing on the mitigation strategies because there is no doubt that that is having a positive impact on the dynamics of the outbreak,” he said. “Now is not the time to pull back at all. It’s the time to intensify.”

The White House has previously projected that 100,000 to 240,000 people in the U.S. will die from the coronavirus. As people continue to practice social distancing, Fauci said that projection is likely to fall.

If the nation is reopened on May 1st, there will be a massive surge of deaths as policy conflicts with recommendations. If we stay closed until May 15th, we should be much better off.

 

[Mad Jack]

Sweden literally has more deaths per capita than the United States at 139 per million vs 112 deaths per million versus the USA. Anyone saying they are doing things right is neglecting that they are doing worse than us on a per capita basis and that this is not done yet and their numbers are probably going to look FAR worse as time goes on. Mathematically the current measures have saved 8,910 lives in the brief period since this mess began versus Sweden, and we have only really been dealing with it for just over a month. That's roughly how many people die of breast cancer every three months, for scale. Just the difference in death rate would make political policy the 7th biggest cause of death behind Alzheimers and ahead of diabetes each year.