Science Economic effects

Discussion in 'Blazers OT Forum' started by barfo, Apr 22, 2020.

?

How has your employment income changed in the last couple of months?

  1. Still working, making more than before!

  2. Still working, no change in income

  3. Still working, but making less...

  4. Was working before, but not anymore

  5. Was unemployed, and I'm still unemployed

  6. Retired

  7. Student

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  1. barfo

    barfo triggered obsessive commie pinko Staff Member Global Moderator

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    Just wondering about our forum demographics.

    barfo
     
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  2. bodyman5000 and 1

    bodyman5000 and 1 Lions, Tigers, Me, Bears

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    Was making less. Now that a bunch of bodyshops have closed I'll probably make more but what's the point?

    I'm getting tired of this very fast.
     
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  3. RR7

    RR7 Well-Known Member

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    Work at a school. Shut down for now
     
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  4. MickZagger

    MickZagger Well-Known Member

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    Occupation:
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    I’m a UPS driver. Been working long ass days. A little paranoid that everyone I deliver to has the virus.

    Residential deliveries have been crazy. Lots of home improvement projects, wine, toilet paper, Clorox products.

    I’ve been driving 9 years so I have no worries of getting laid off if things get real bad.

    I consider myself lucky as I know a lot of people who have had their job effected
     
  5. riverman

    riverman Writing Team

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    retired but the wife and I lost a lot of IRA value...didn't plan to tap into retirement funds until I reach 70 and have to....capital gains tax is brutal in Oregon..wife is getting unemployment and we'll use the 2400 for the big bills in the fall...we're fine out here in the woods...can't spend it anyway
     
  6. TorturedBlazerFan

    TorturedBlazerFan Moderator Staff Member Moderator

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    Works been insane, Its actually reinvigorated my enjoyment of the job, the challenge is back because the demand is a lot higher and they want code fast.
     
  7. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

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    I lost a lot of my IRA money before I got completely out of the stock market. My wife got her IRA completely out of the stock market before the shit hit the fan. Lucky her.

    Edit:
    Of course, according to her, her money is her money and my money is her money.
     
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  8. stampedehero

    stampedehero Play On>>>/ SRV

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    Occupation:
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    I retired in o16, collecting a modest state pension. Got bored. Worked at Mannheim auto auctions/home depot then finally got this sweet gig in a small south jersey town across from Philly. I'll be back but only when the State is in a safe zone. Many of you heard that Jersey is really in a bad way.. It's so odd to see the world halted and in purgatory.
    NJ is on par with NY.
    Remember when we reminisced about the good old days. March 16th onward changed everything and gave real meaning to this phrase. On a side note, the State was well known for having more diners than any one else. I really miss that experience.
    IMG_2483.JPG <The last vehicle I drove when I worked at the auction in 017.
     
    Last edited: Apr 23, 2020
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  9. magnifier661

    magnifier661 B-A-N-A-N-A-S!

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    Fortunate that both my businesses are classified as essential.
     
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  10. UncleCliffy'sDaddy

    UncleCliffy'sDaddy Circling the bowl.....

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    My wife and I are both retired and are doing okay (unless the State of Oregon is allowed to declare bankruptcy. Thank you Miserly Mitch McConnell. Note to self; in my next life marry into a wealthy Chinese family). The commercial property I have a share in is rented by a company that is considered essential services and the annual rental increase just took effect (as opposed to the in-laws who have a commercial property in Reno and the renter is a party equipment company. That guy is hurting....and so are they by extension). So we’re doing okay, very thankfully. We’re trying to support our favorite restaurants through take out, even if it means a drive into Portland (any excuse to get outta the house, yet still respect social distancing). And we have some favorite servers (usually younger folks who were scrambling even before this hit) at favorite restaurants we’ve tried to “slip a little extra to”when the budget allows. And we’ve done our share of online shopping. We are so very grateful (and blessed) for our circumstances and feel very sorry for those whose lives have been totally upended financially. I will be curious to see how this all pans out in the end, both socially and culturally. Fingers crossed......
     
  11. Hoopguru

    Hoopguru Know where you are going or end up somewhere else!

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    Wife and I have been retired for 7 years. Both have pensions and investments over the years have done well. We are both optimist and try and look for the good before the bad. Both very outdoorsy and enjoy retirement.
     
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  12. oldfisherman

    oldfisherman Unicorn Wrangler

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    Retired, but working my butt off. The honey do list keeps getting longer. Thinking about going back to a job that pays, but mainly to get some rest.

    The problem with finding a job up here in the mountains is. You have to FAIL a drug test before they will hire you.
     
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  13. yankeesince59

    yankeesince59 "Oh Captain, my Captain".

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    I'm financially secure for the rest of my life......my wife pimps me out...life and business are very good.
     
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  14. tlongII

    tlongII Legendary Poster

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    Same shit different day.
     
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  15. riverman

    riverman Writing Team

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    My wife and I wake up every morning and chant the James Bond theme song..."Die another day!" So far it seems to be working out...we're in the early stages of the virus playoffs! Made it out of the first round so far!
     
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  16. wizenheimer

    wizenheimer Well-Known Member

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    kind of the same boat, although thru a combo of circumstances about 20% of our savings was in cash when the shit hit the fan, and I put about half of that in bear-market ETF's in mid-Feb and then sold the week before the stimulus. Otherwise, we'd be down about 17% in our accounts right now (pretty conservative). Still down but not as bad. I wish I could say that was because I was smart, but about 30 years of buying high and selling low proves I'm about 770 degrees opposite of smart when it comes to the damn markets.

    big problem now is my wife, who usually runs around most days for all her non-profits and choir and friends and whatever, hasn't been running around. She can keep track of me now. So every damn night she starts making lists in her head about what we need to accomplish around the place the next day...and she tells me about it. She won't leave me out of things no matter how much I whine and moan and pitch fits. I've tried hiding out in my shop a few times but she's not fooled by that. I'm contemplating a full scale rebellion, especially after yesterday when she started yapping about getting 8 more yards of bark dust. There might be worse things than covid-19
     
  17. TorturedBlazerFan

    TorturedBlazerFan Moderator Staff Member Moderator

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    I don't want to turn this into a huge argument, that's what the corona threads are for (apparently). There is a "debate" in this country about re-opening the country and is the 'economy' worth maybe risking someone's life with covid19. I wonder how much of our own financial situation plays a factor into our personal stance on that issue. If you're retired already, or financially capable of going for a while, or even still employed are you more likely to think don't open it up? If you're out of a job or struggling (paycheck to paycheck) are you more likely to see the economy and think whatever they can do to fix that before I can't pay my bills, they should do it.

    I've heard some interesting arguments that opening up the states/countries could be worse for the economy if it causes a drastic spike in deaths, I'm not sure I agree with that argument (but we can argue that somewhere else). I just wonder if our personal financial situation plays a role in how we feel they should handle things, and to what extent. I've also heard some arguments like it's really easy for someone who is financially set to say, stay-inside and don't work, because not working, and not having an income doesn't really matter to them. Obviously arguments and thoughts range all over the place (and personally I think there are a lot of valid ways to look at it without being "stupid").
     
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  18. barfo

    barfo triggered obsessive commie pinko Staff Member Global Moderator

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    It appears from early returns that we here are, on average, relatively insulated from the economic effects - which is in the direction of what I expected, but I didn't expect as strong a signal. For my part, I'm in the no-change group.

    barfo
     
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  19. EL PRESIDENTE

    EL PRESIDENTE Coronavirus is a chinese bioweapon.

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    Not surprising. Many are retired, the rest are probably in jobs where they can fuck around on the computer all day, so working from home isn't that big of a deal.
     
  20. riverman

    riverman Writing Team

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    My son kept his job and is set up to work from home...70 of his coworkers weren't so lucky...his boss kept only 7 people on payroll until this runs it's course
     
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