pulmonarymd
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Post by pulmonarymd on May 14, 2020 6:39:39 GMT -5
And this is like the following. Your boss makes a series of bad decisions. You are now faced with a crisis, and are forced to deal with it. All the decisions you need to make have bad consequences, so you will make mistakes. If better planning had been done in the beginning, you could have made better decisions. That is what the states were facing
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NomoreDramaQ1015
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Post by NomoreDramaQ1015 on May 14, 2020 7:21:51 GMT -5
No, you really want to crucify Cuomo. Trump is ultimately responsible, because by his inaction, he put the governors in a tough spot. The pandemic plan was to be enacted at a national level, as that is where all the information should be assembled, and the response could be coordinated. Trump, by ignoring and downplaying the threat, left a vacuum, that needed to be plugged by the states. They were not prepared for it, because the feds did not give them sufficient warning and information. No matter how much ch you want to blame Cuomo, the ultimate failure is trump’s. He set them up to fail due to his lack of leadership, unless you think states should duplicate what the feds do. Want to have to fund that at a state level? Really? If you make an error do you say But my boss thought it wasn’t important so I couldn’t do anything about the problem[br Depends, is it something that my boss had the ultimately authority on and there isn't a dang thing I can do about it despite the writing on the wall? If that is the case then the answer is yes. I had ample evidence that the person I replaced was biasing data (whether intentionally or unintentionally I will never know) and that was the source of our current problems. They did not want to hear that because she is freaking golden in their eyes. Instead they decided it was better to up the time limit for radiating our mice. I pushed back and pushed back HARD to the point where I could have been written up. At the end of the day the protocols are the property of the PI and if they choose to change them I have to comply or lose my job. It was a disaster. I still get angry thinking about how those mice likely suffered and all the time/money/cells we wasted. It took three months before I got them to reverse their decision. That was three months of work down the toilet. I did what I could with what I was given. It was a crappy job because I was given a crappy set of rules. I own my part in it but at the end of the day the buck stops with my PIs who chose to change the protocols. Sure I could have escalated but what my PIs were doing wasn't illegal or unethical, just stupid. We didn't know exactly how stupid till it was done. Same applies here. You can't have all 50 states making their own rules if we want to get through this, all it takes is one person leaving state A to start things all over again state B. We needed a coordinated national response. There still would have been mistakes and stupid decisions because we've never faced something like this in recent years. There could have been a hell of a lot less though. How many less is up for history to decide.
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jeffreymo
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Post by jeffreymo on May 14, 2020 8:24:43 GMT -5
Some will be back because the owner will have no choice i.e. with unemployment so high it might be hard for them to find a job. Others won’t have the funding to reopen. Others will have to take a long hard look and see if it will be worth the sacrifice over the next 3-4 years to get back to where they were. Finally, others who have received PPP and play their cards right might be able to take advantage of the others in their segment closing and come out of this better than they were.
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TheHaitian
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Post by TheHaitian on May 14, 2020 8:57:57 GMT -5
I guess since I talked to him he has made a final decision; my favorite dive bar has announced they will not be reopening. Like he had predicted this was the final nail in the coffin.
On the bright side he found a buyer for the building.
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emma1420
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Post by emma1420 on May 14, 2020 12:17:06 GMT -5
A lot of small businesses will close, and those that survive will probably have to cut their workforce by 25%-75% depending on the industry. I mean a few are going to do well, but I think in general it's going to be bloodbath.
I read somewhere that 70% of those people who were laid off believe their job will come back. I think those people are wildly optimistic. At least I know even when my state re-opens that I'm be limiting my exposure to other people. So I won't be going to restaurants, going shopping for anything other than essentials, etc. I just don't think the demand is going to be there.
I also think things like commercial real estate are going to take a massive dose dive.
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movingforward
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Post by movingforward on May 14, 2020 12:50:28 GMT -5
I guess since I talked to him he has made a final decision; my favorite dive bar has announced they will not be reopening. Like he had predicted this was the final nail in the coffin. On the bright side he found a buyer for the building. It's sad because the chain restaurants will probably survive but the awesome little local places, that I always take visitors to, will probably not make it. Some of the family restaurants and bars in my area that are going out of business have been in existence for 50+ years, being passed down to the next generation. These places have a lot of "character" and the food is much better than chain restaurants
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NomoreDramaQ1015
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Post by NomoreDramaQ1015 on May 14, 2020 12:53:10 GMT -5
You never know. It took us four years before we reopened but we did reopen. Some places may be gone for awhile but it may not be forever. We've lost some of the older clientele that don't like they can't sit down to eat their pizza but we've picked up A LOT of younger customers with our current set up.
So maybe some will be back, maybe not in the same form but they'll be back. There have been a few here that have converted into food trucks. Food truck business is BOOMING right now.
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billisonboard
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Post by billisonboard on May 14, 2020 13:00:47 GMT -5
I guess since I talked to him he has made a final decision; my favorite dive bar has announced they will not be reopening. Like he had predicted this was the final nail in the coffin. On the bright side he found a buyer for the building. It's sad because the chain restaurants will probably survive but the awesome little local places, that I always take visitors to, will probably not make it. Some of the family restaurants and bars in my area that are going out of business have been in existence for 50+ years, being passed down to the next generation. These places have a lot of "character" and the food is much better than chain restaurants I think that an answer to this is looking at programs that help provide (re)start-up capital for restaurant owners who have demonstrated the ability to be successful.
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Tiny
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Post by Tiny on May 14, 2020 13:01:17 GMT -5
I think this is all about "demand". If there won't be demand for restuarants and hair salons and what not once people can more regularly consume those services.. then we will be in trouble. I think how many people are STILL WORKING and NOT consuming is going to be key. IF or WHEN they go back to their old routines (eating lunch out every day or multiple take out dinners per week or going to restaurants/bars on the weekend for "entertainment" will be what we should be looking at/considering. I'm a bad consumer - was before the pandemic and will probably continue to be so after the pandemic. Hopefully, the majority of people aren't like me and will return to spending money on "stuff" as soon as the businesses open up again. If a restaurant closes/is sold now... but then the pent up demand comes back and that restaurant can provide a profit for it's owner - it will get a new owner and open up again. It's like the current small business owners need a way to financially bridge them over the bad times of little or no customers to when the customers will return. FWIW: my hairstylist makes house calls. I had one back early April - and I suspect I will have another one at the end of May/early June - as she may not open her 3 chair salon. (funny story - she did 8 house calls on the day she did my hair - 3 of her customers were within 5 blocks of my house that day - 4 more were clustered in another close by suburb and 1 was an outlier.)
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pooks
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Post by pooks on May 14, 2020 14:15:00 GMT -5
Restaurants in my state open up on Saturday, some places have been doing carryout throughout. I feel bad for places that recently opened. One restaurant announced in the local paper that they will not be reopening, they had been open less than a year. Other places are staying take-out only for now.
Our favorite BBQ place is reopening on Saturday and DH is ready to place a take out order. Really nice people, I am glad they will be reopening.
I worry about my favorite dive bar. It is a small place and the food is crap, so I don't see how they survive.
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Rukh O'Rorke
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Post by Rukh O'Rorke on May 14, 2020 15:30:35 GMT -5
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Gardening Grandma
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Post by Gardening Grandma on May 14, 2020 17:01:41 GMT -5
I think this is all about "demand". If there won't be demand for restuarants and hair salons and what not once people can more regularly consume those services.. then we will be in trouble. I think how many people are STILL WORKING and NOT consuming is going to be key. IF or WHEN they go back to their old routines (eating lunch out every day or multiple take out dinners per week or going to restaurants/bars on the weekend for "entertainment" will be what we should be looking at/considering. I'm a bad consumer - was before the pandemic and will probably continue to be so after the pandemic. Hopefully, the majority of people aren't like me and will return to spending money on "stuff" as soon as the businesses open up again. If a restaurant closes/is sold now... but then the pent up demand comes back and that restaurant can provide a profit for it's owner - it will get a new owner and open up again. It's like the current small business owners need a way to financially bridge them over the bad times of little or no customers to when the customers will return. FWIW: my hairstylist makes house calls. I had one back early April - and I suspect I will have another one at the end of May/early June - as she may not open her 3 chair salon. (funny story - she did 8 house calls on the day she did my hair - 3 of her customers were within 5 blocks of my house that day - 4 more were clustered in another close by suburb and 1 was an outlier.) I think this is all about "demand". If there won't be demand for restuarants and hair salons and what not once people can more regularly consume those services.. then we will be in trouble.
This. I don't care whether restaurants open for in restaurant dining. I won't be eating inside. If they have outside dining and plenty of space, I'd consider it. We are buying takeout weekly to try and support our favorite restaurants. Last week, we picked up our meal, but instead of making the 30 minute drive home, we drove to a waterfront park and enjoyed the meal with a great view. We'll do that again when the weather is nice. My hairdresser has her own place. She is the only one working there. But, she comes into contact - close contact - with her other customers, so I probably will just let my hair grow for a while. No way am I getting a mani/pedi. Nope. Today I met my sewing machine repair guy in a parking lot, both of us wearing masks. I was comfortable with that. We went for over 3 weeks without a new case in our county. We were one of the counties designated as qualified for an earlier opening, but the county board of commissioners decided to wait. Next week, a rally is being planned to call for reopening the county. The dumb organizers are mad at the gov, but it's the county commissioners who made the decision - guess they are too ignorant to realize that. Predictably they won't practice social distancing or wear masks, so in a few weeks, we will, no doubt, see more new cases. And that will mean staying closed even longer. Dumb asses! That's what these "open now" morons don't get. They are creating a situation that will make it necessary to stay closed longer.
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Deleted
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Post by Deleted on May 14, 2020 17:19:29 GMT -5
I agree with someone (probably hoops902 ) who basically said that restaurants closings aren't a good barometer of small business closings. Whoever it was is right. Restaurants close all the time. It can be a hit one minute and a dud in six months even without a pandemic. Even if the restaurant has been open for several years, it can still lose its clientele to a trendier or whatever restaurant. The local restaurants I really like have taken great pains to stay in contact with their customers with emails, etc. I don't know that "opening" now is worse than "opening" l ater if the businesses are observing social distancing guidelines. At some point, the economy needs to reopen. It is really up to me to protect myself. There should be safeguards put in place like masks and social distancing, but we simply cannot wait out a vaccine and/or herd immunity. At least opening now doesn't have the same sense of false immunity that opening later will. I AM taking this seriously. I just know that the world cannot revolve around me. Some of us are going to die. I hope it is not me. But if you think about it, time has always had a way of "thinning" the population. Given our "advanced" state, we think we can beat it. I am not absolutely sure that is true.
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wvugurl26
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Post by wvugurl26 on May 14, 2020 17:19:58 GMT -5
I'm sure some people will go back out consuming and spending. And then there are people who've been laid off and are struggling to make it. My state still has plenty of people who can't get their unemployment claims filed and paid.
Some people will be cautious and wait to see how things go. And others have developed new habits and will keep them up after businesses reopen.
I do enjoy that most places offer carryout now. Before there were several restaurants that didn't offer it or it was difficult to order.
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ners
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Post by ners on May 15, 2020 8:11:29 GMT -5
I have not had take out from my favorite breakfast place. It is just a wee bit too far for carryout. I really have not had a lot of carryout in general. Both small business.
Before the shut down they were only open for breakfast/lunch.
Owner got creative and was open for dinner/car hop service weather permitting for dinner 4 nights a week. Owner has indicated she will be stopping the dinner once she can open back up.
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Wisconsin Beth
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Post by Wisconsin Beth on May 15, 2020 8:21:29 GMT -5
I have not had take out from my favorite breakfast place. It is just a wee bit too far for carryout. I really have not had a lot of carryout in general. Both small business. Before the shut down they were only open for breakfast/lunch. Owner got creative and was open for dinner/car hop service weather permitting for dinner 4 nights a week. Owner has indicated she will be stopping the dinner once she can open back up. I think that's why her place will survive. Isn't flexibility supposed to be important for businesses?
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Deleted
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Post by Deleted on May 15, 2020 8:38:20 GMT -5
I worry that our local neighborhood garden center will go under, but it's still the only place you can take a bug or weed in a plastic bag and find out what you need to do to kill it; where you can get onion sets, bulk seeds, almost every brand of lawn equipment serviced, dog food, parrot food, etc. I was pleasantly surprised at mine when I went a couple of weeks ago. I made the mistake of going in Saturday but it was doing a very brisk business- I had to wait in the checkout line (socially-distanced) for 15 minutes. I passed it a few days ago on a weekday and the parking lot still looked pretty full. I was happy to see it because I'm sure many people just picked up plants and Wal-mart and Costco. You'd also mentioned restaurants having to change: one big challenge among the high-end ones is that they can't focus on "presentation" as much. The financial guru Jim Cramer had noted a couple of years go that restaurants were focusing on appearance so their food looked "Instagram-worthy"- carefully arranged, a few curls of crip fried onion on top, sauce poured onto the plate in an artistic pattern... now how do you package it in styrofoam "to go"? If it needs re-heating how will that affect the taste and texture, pecially since the whole plate will likely be reheated and some foods need more nuking than others? Definitely a challenge.
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bean29
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Post by bean29 on May 15, 2020 11:19:58 GMT -5
The article about the Tamale guy - I don't live in Chicago - we are in MKE, but there are a lot of people who sell Tamales here by the dozen. He is charging about the going rate for them from what my DH says. DH has customers come in his office and offer to sell them a few times a year. He usually takes a chance and buys a dozen or two. But from what I understand, to get a food licensee you need to maintain pretty strict kitchen cleanliness standards. I guess maybe now that the food trucks are so common, the rules maybe have loosened up a bit. It is nice that they raised so much $$ for the guy to seed his business start up.
DD went to get her nails done this am. She said they were definitely overbooked, but the salon owner expected more of her employees to come back, and many of them were no shows. DD said people were being very rude to the owner b/c they felt they had appointments yada yada and were not very understanding of why there was a delay. DD said she tipped an extra $5.00. I asked if they were requiring masks - she said no - no one was wearing them. If you live in WI, she went to Oconomowoc to her nail salon she went to when she lived in Lake Mills. She was going to LM to have lunch with a former Delta co-worker.
My DH is an insurance agent, customers are in and out of his office, my DD will probably do a lot of things DH and I would not do, so yeah - I am going to go get my hair done and my nails done too. I am not high risk, but my DH is. He doesn't think he is though. My nail salon told me I would have to wear a mask, which is fine - I have several of them in my car and one in my purse.
I asked DH about having his family over for his Dad's birthday next weekend - I told him maybe it was not a good idea. I said they say the super spreader events tend to be gatherings of small groups with food, church gatherings etc. He shot that down and seemed to think as long as we could do it outside it would be fine. I don't always get to decide - and so I just go with the flow.
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NomoreDramaQ1015
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Post by NomoreDramaQ1015 on May 15, 2020 11:29:03 GMT -5
I guess since I talked to him he has made a final decision; my favorite dive bar has announced they will not be reopening. Like he had predicted this was the final nail in the coffin. On the bright side he found a buyer for the building. It's sad because the chain restaurants will probably survive but the awesome little local places, that I always take visitors to, will probably not make it. Some of the family restaurants and bars in my area that are going out of business have been in existence for 50+ years, being passed down to the next generation. These places have a lot of "character" and the food is much better than chain restaurants A lot of chains are going the way of the dodo as people are not as keen on eating substandard food in crappy places. That's been an ongoing trend for a few years now. They serve their purpose but a lot of the chains have also been closing down locations in recent years. A few are trying "ghost" type set ups where it's delivery/take out only. But I think we'll see a lot of them go under too. If I am going to have to make a reservation to eat somewhere from now to the indeterminate future due to limited capacity/social distancing then I am going to make it worth my while. I will either support local business or go to a fancier place to get my money's worth. Screw Applebee's if I want that I can order it from my couch and save myself a headache. The advantage chains have is they have the money/man power to be able to turn things around quickly and also keep their names in people's minds. That's why we have to do our part for businesses in our communities. I'm finding places I never even knew existed thanks to the local news stations mining social media for addresses and names.
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Deleted
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Post by Deleted on May 15, 2020 11:47:07 GMT -5
I worry that our local neighborhood garden center will go under, but it's still the only place you can take a bug or weed in a plastic bag and find out what you need to do to kill it; where you can get onion sets, bulk seeds, almost every brand of lawn equipment serviced, dog food, parrot food, etc. I was pleasantly surprised at mine when I went a couple of weeks ago. I made the mistake of going in Saturday but it was doing a very brisk business- I had to wait in the checkout line (socially-distanced) for 15 minutes. I passed it a few days ago on a weekday and the parking lot still looked pretty full. I was happy to see it because I'm sure many people just picked up plants and Wal-mart and Costco. You'd also mentioned restaurants having to change: one big challenge among the high-end ones is that they can't focus on "presentation" as much. The financial guru Jim Cramer had noted a couple of years go that restaurants were focusing on appearance so their food looked "Instagram-worthy"- carefully arranged, a few curls of crip fried onion on top, sauce poured onto the plate in an artistic pattern... now how do you package it in styrofoam "to go"? If it needs re-heating how will that affect the taste and texture, pecially since the whole plate will likely be reheated and some foods need more nuking than others? Definitely a challenge. I'm glad your garden center is thriving too. I know exactly what you mean about the high-end restaurants. We have purchased twice from one we love and it's definitely no the same in a to-go container.
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Tiny
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Post by Tiny on May 15, 2020 14:11:51 GMT -5
FWIW: you might loose your local Chain Restaurant if it's a franchise... and depending on how much the "parent" company dictates the franchise to do or be and if the parent offers help. So, a chain restaurant could close and maybe never re-open (or it might re open in a new location). But, you all are right - it's not like McDonalds or "Lettuce Entertain you" restaurants will just go away. I have to admit, I just wonder how much of a person's paycheck goes to eating out... I've pondered this alot in the past because I couldn't believe all the "restaurants" chain and other wise in my area and MORE were built in the last 5 years. Pre pandemic I was thinking the harbinger of the next recession was going to be seeing local restaurants cut back hours and the ones on the edge would have gone dark. as I was extrapolating that when the people who make low wages but had shelter, vehicle, cell phone/utilities covered needed to stop eating out so much because their fixed expenses went up enough - we'd see trouble with restaurants first. I know I've got some extra disposable income - because I'm not spending on "snacks" or extra soda or buying candy for the candy bowl or drinks after work because I'm NOT at work... That $30 a week has started to add up.
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jelloshots4all
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Post by jelloshots4all on May 15, 2020 14:51:03 GMT -5
My neighbor owns a kids play/birthday company. I haven't spoken to her, but I wonder what her plans are to re-open. Her business has kids and parents in close contact at her facility. She has really built it up over the last 10 years, but I wonder how she will re-open. It's the only source of income for her family.
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GRG a/k/a goldenrulegirl
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Post by GRG a/k/a goldenrulegirl on May 15, 2020 17:28:50 GMT -5
So Cuomo (or others) just threw up his hands and said back to nursing home is the only choice. Or not just sending back but when it the severe problem was discovered What about all the empty hotels in NYC? Homeless and released prisoners are being put up in some hotels Empty college dorms? Insist to use Javits or USS Comfort?? YMCAs? Dedicate some nursing homes to only Covid? Surely there were other choices Disgraceful On an individual basis, I suspect many of those sent back had DNRs or we’re old enough or already so ill (aside from Covid-19) that all that could be done for them was to offer comfort. That’s the purpose of nursing homes. Why place the blame solely on Cuomo? Why not point fingers at nursing homes who didn’t practice effective infection controls?
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ners
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Post by ners on May 15, 2020 19:45:52 GMT -5
I have not had take out from my favorite breakfast place. It is just a wee bit too far for carryout. I really have not had a lot of carryout in general. Both small business. Before the shut down they were only open for breakfast/lunch. Owner got creative and was open for dinner/car hop service weather permitting for dinner 4 nights a week. Owner has indicated she will be stopping the dinner once she can open back up. I think that's why her place will survive. Isn't flexibility supposed to be important for businesses? You are so right. She looked for another revenue stream. She made it work. She is a character. She kept her workers employed. She cares about her employees like her family wait one of the cooks is family. Thank goodness she is in her new building. Would never have lasted at the old location. No room for social distancing. Her motto is Eat and Get Out Dork. No Cell phones. She will confiscate them if you are on them. She posted on Facebook today and said be kind to the servers do not take it out on the servers when they enforce the new rules.
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Cheesy FL-Vol
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Post by Cheesy FL-Vol on May 15, 2020 19:53:50 GMT -5
A lot of small businesses will close, and those that survive will probably have to cut their workforce by 25%-75% depending on the industry. I mean a few are going to do well, but I think in general it's going to be bloodbath. I read somewhere that 70% of those people who were laid off believe their job will come back. I think those people are wildly optimistic. At least I know even when my state re-opens that I'm be limiting my exposure to other people. So I won't be going to restaurants, going shopping for anything other than essentials, etc. I just don't think the demand is going to be there. I also think things like commercial real estate are going to take a massive dose dive. I did my weekly grocery run and mail pick up today. Traffic was crazy. It was as if the last 2 months never happened.
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justme
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Post by justme on May 15, 2020 21:34:21 GMT -5
It's sad because the chain restaurants will probably survive but the awesome little local places, that I always take visitors to, will probably not make it. Some of the family restaurants and bars in my area that are going out of business have been in existence for 50+ years, being passed down to the next generation. These places have a lot of "character" and the food is much better than chain restaurants A lot of chains are going the way of the dodo as people are not as keen on eating substandard food in crappy places. That's been an ongoing trend for a few years now. They serve their purpose but a lot of the chains have also been closing down locations in recent years. A few are trying "ghost" type set ups where it's delivery/take out only. But I think we'll see a lot of them go under too. If I am going to have to make a reservation to eat somewhere from now to the indeterminate future due to limited capacity/social distancing then I am going to make it worth my while. I will either support local business or go to a fancier place to get my money's worth. Screw Applebee's if I want that I can order it from my couch and save myself a headache. The advantage chains have is they have the money/man power to be able to turn things around quickly and also keep their names in people's minds. That's why we have to do our part for businesses in our communities. I'm finding places I never even knew existed thanks to the local news stations mining social media for addresses and names. I mostly eat at local places anyways. The exception is lunches at work are almost all chains. I will say Cheesecake Factory put their happy hour food pricing online and the facebook ads pummeled me until I bought some fried mac n cheese yesterday. If I knew of a local place that made it well I probably would have ordered it from there. But damn, first fried food I've had in weeks! But almost all of downtown area is not a chain - and the few that are are smaller ones. And a lot of them don't last long and there's some locations that have cycled through a ton of different restaurants.
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seriousthistime
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Post by seriousthistime on May 17, 2020 14:03:33 GMT -5
A lot of small businesses will close, and those that survive will probably have to cut their workforce by 25%-75% depending on the industry. I mean a few are going to do well, but I think in general it's going to be bloodbath. I read somewhere that 70% of those people who were laid off believe their job will come back. I think those people are wildly optimistic. At least I know even when my state re-opens that I'm be limiting my exposure to other people. So I won't be going to restaurants, going shopping for anything other than essentials, etc. I just don't think the demand is going to be there. I also think things like commercial real estate are going to take a massive dose dive. Yes, I agree. I am still employed and we haven't laid anyone off, but 90% of my office is working from home. When I think of the office space we're renting, it seems an incredible waste now that we know most of us can work quite efficiently from home. And the other 10% could probably do so if we'd had more time to figure out the details that would allow them to perform essential functions at home. My office is in a large office/research park. They've been building more and more buildings and office space in the past few years. I think commercial office space will take a huge hit going forward. Maybe the demand for retail/restaurant space will come back more quickly because new businesses will fill the void. But office-based businesses will realize they only need a fraction of the office space they have, and that could be a permanent thing.
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seriousthistime
Senior Member
Joined: Dec 22, 2010 20:27:07 GMT -5
Posts: 4,707
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Post by seriousthistime on May 17, 2020 14:26:39 GMT -5
Why not let younger healthy people freedom. If you’re old or medically fragile take precautions . Nursing homes need much more caution that for example NY governor Cuomo who sent patients with Covid back to nursing home I like that Elon Musk is bringing a suit against California for closing down his factory. No reason masks and distancing can’t cut down contagion Except there are a significant proportion of the population who will act like idiots. If we would actually follow the guidelines, we would be able to open things up safer. But if we act like nothing has changed, and go back to how things were beforehand, we will be in trouble. Because young people can decide to take the risk for themselves and bring it home to those who are old or medically fragile. Surely this is no secret at this point. Elon Musk is not suing California. He is suing the Alameda County Health Department. Alameda County was one of six Bay Area counties that were first to issue shelter-in-place orders. And it worked. If you look at the list of California counties ranked in order of confirmed cases, the top five counties are in Southern California which did not act as quickly. Your confirmation bias is showing, jerseygirl.
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jelloshots4all
Senior Member
Joined: Aug 14, 2013 15:54:13 GMT -5
Posts: 4,642
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Post by jelloshots4all on May 17, 2020 14:36:11 GMT -5
A lot of small businesses will close, and those that survive will probably have to cut their workforce by 25%-75% depending on the industry. I mean a few are going to do well, but I think in general it's going to be bloodbath. I read somewhere that 70% of those people who were laid off believe their job will come back. I think those people are wildly optimistic. At least I know even when my state re-opens that I'm be limiting my exposure to other people. So I won't be going to restaurants, going shopping for anything other than essentials, etc. I just don't think the demand is going to be there. I also think things like commercial real estate are going to take a massive dose dive. Yes, I agree. I am still employed and we haven't laid anyone off, but 90% of my office is working from home. When I think of the office space we're renting, it seems an incredible waste now that we know most of us can work quite efficiently from home. And the other 10% could probably do so if we'd had more time to figure out the details that would allow them to perform essential functions at home. My office is in a large office/research park. They've been building more and more buildings and office space in the past few years. I think commercial office space will take a huge hit going forward. Maybe the demand for retail/restaurant space will come back more quickly because new businesses will fill the void. But office-based businesses will realize they only need a fraction of the office space they have, and that could be a permanent thing. 20 yrs ago when I worked for an Intl public accounting firm, they redid our office space. Since most of our staff was expected to be at clients, they limited the number of small offices, and you had to reserve one. We also had the option of working from home as needed. I think this is an option many companies will look at in the future especially as their leases end. I love having the option to work from home.
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sesfw
Junior Associate
Today is the first day of the rest of my life
Joined: Dec 21, 2010 15:45:17 GMT -5
Posts: 6,268
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Post by sesfw on May 17, 2020 15:18:32 GMT -5
I love having the option to work from home.
I've never had a job that could be done from home. I'm on a production floor and have spent the majority of my career in some form of quality control.
The company I work for now is very small and most of the office/engineering staff are working from home, and production/testing has spread out to the vacant offices. Sorta tough when questions and decisions need to be made but we are managing.
Not sure I would have the personal discipline to concentrate on my job with home distractions.
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