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by NotSammyHagar 2146 days ago
We should have a big crash right now because all the stimulus ended, 20 million people don't have jobs and could be kicked out of their apartments and have a shortage of food access. We shouldn't celebrate before we address these larger needs.
2 comments

I'm not saying everything's good, but those are all very solvable problems in comparison to what we expected. A few months ago, grocery stores were running out of staple items by noon and there were serious concerns of a nationwide meat shortage.
Nothing concerning about that. A nationwide meat shortage is entirely good.
>We should have a big crash right now because all the stimulus ended

It's probably not instantaneous. Other people in this thread mentioned that savings is up, so I'm guessing people have some money saved up, and therefore can probably last a few weeks (or months?) before running out of money.

>could be kicked out of their apartments

Aren't most cities still not processing evictions? Even if they did, the combination of social distancing restrictions (less court capacity) + flood of evictions probably means there's a huge backlog, which means very little people would end up getting evicted.

My city is blocking evictions but I bet smaller cities aren't.