The Real Economic Loss From The Pandemic | |
Archangel Michael
(OP) User ID: 79698021 United States 11/30/2020 07:22 PM Report Abusive Post Report Copyright Violation | |
Archangel Michael
(OP) User ID: 79699182 United States 12/01/2020 07:26 PM Report Abusive Post Report Copyright Violation | Here's another reason, why the Economy is not Going to return to normal, even with an effective vaccine. CORPORATIONS are More Profitable, Without OFFICE LEASE COSTS. I don't see Any Reason that CITY/SUBURBAN LANDLORDS can remain Competitive, with Free HOME OFFICE Space, provided by EMPLOYEES. Archangel Michael |
Archangel Michael
(OP) User ID: 79699182 United States 12/01/2020 08:03 PM Report Abusive Post Report Copyright Violation | If the Avg employee requires 150 sq feet of space, at $50 per sq foot, that requires an Employer Outlay of $7,500 per Employee per Year. [link to www.houstoninstallation.com (secure)] [link to www.coydavidson.com] [link to www.us.jll.com (secure)] [link to www.squarefoot.com (secure)] Last Edited by Archangel Michael on 12/01/2020 08:08 PM Archangel Michael |
Archangel Michael
(OP) User ID: 79699182 United States 12/01/2020 08:42 PM Report Abusive Post Report Copyright Violation | Bill's from the Utility Company. [link to carr.us (secure)] Archangel Michael |
Archangel Michael
(OP) User ID: 79699182 United States 12/01/2020 08:55 PM Report Abusive Post Report Copyright Violation | Here is the Energy cost figure for buildings. They say it only costs $300 a year for an employee ($25 a month) @ 150 sq ft per Worker. According to the Article below, there are $17 sq ft fixed costs. [link to www.constellation.com (secure)] Last Edited by Archangel Michael on 12/01/2020 08:57 PM Archangel Michael |
Archangel Michael
(OP) User ID: 79699182 United States 12/01/2020 09:21 PM Report Abusive Post Report Copyright Violation | Employees spend $2,600 a year on Commuting costs. [link to smartasset.com (secure)] Most Metroplitan Transit Authorities, and GOV Partners, will take the fall,because they are no longer Competitive against 'Stay At Home' Workers . [link to www.thecity.nyc (secure)] Last Edited by Archangel Michael on 12/01/2020 09:22 PM Archangel Michael |
Anonymous Coward User ID: 79699182 United States 12/02/2020 12:05 AM Report Abusive Post Report Copyright Violation | According to DODGE Statistics, Non-Residential Construction Starts fell 25% Jan-July 2020. [link to www.construction.com (secure)] But According to U.S census Bureau, non-Residential 2020 Construction was up from 2019. See pdf [link to www.census.gov (secure)] I'm interested in 2021 Data, when it becomes available. |
Anonymous Coward User ID: 76760905 United States 12/02/2020 12:14 AM Report Abusive Post Report Copyright Violation | THE BIG LIE. Quoting: Archangel Michael Despite State Continuing Covid-19 Restrictions US APRIL-JUNE LOSS OF 31% GDP Was entirely made up by JULY-SEPTEMBER GAIN OF 33%. [link to www.bea.gov (secure)] How many trillion was added to the national debt to be repaid by kids not even born yet? Trillions in response to shutting down a country over a hoax... yes but an elaborate hoax |
Archangel Michael
(OP) User ID: 79699182 United States 12/02/2020 12:39 AM Report Abusive Post Report Copyright Violation | We don't owe any FEDERAL DEBT! The Business model of the FED and the banks; If you are a GOOD RISK, the Loan is Created out of THIN AIR, not against any BANK COLLATERAL. A member of the Board of a St Louis Bank, Economist Minsky, makes this clear. Read Snippet from Ch 4. [link to books.google.com (secure)] Don't make a handbill into some kind of breathing thing we owe. GOV uses the Debt total to take our 'Earned Money' from Working, and throw it away. GOV payments to Banks reduces monies for Real Programs, that could benefit US (GOVT FOR THE PEOPLE) Last Edited by Archangel Michael on 12/02/2020 01:08 AM Archangel Michael |
Archangel Michael
(OP) User ID: 79699182 United States 12/02/2020 12:49 AM Report Abusive Post Report Copyright Violation | Not to worry... Quoting: Anonymous Coward 76937932 The Debt is a proven swindle. Here's one line of attack. To: U.S Treasury Dept From: Citizens You auctioned off approximately 8 Trillion dollars of Bills which have a maturity of less than 1 year. (Treasury Borrowing Advisory Committee-4th Quarter 2019) (Chart: Sources of Privately-Held Financing in FY19 Q4) [link to www.treasury.gov (secure)] Investors provided the FEDERAL RESERVE & U.S TREASURY with this largesse, which was PAID BACK by SOMEBODY!!! Our Proposition: Write Down the Debt by 8 Trillion Dollars. You're not allowed to Re-Cycle Debt. CITIZENS The Fed/Treasury/Investor food chain is a 'credit card', which U.S GOV calls upon to borrow money. This borrowed money has always been paid back, or someone in the 'food chain' would Squawk. Most of the $25 Trillion + Debt is repaid within 5 years. Leaving it on the books is not allowed, and constitutes Fraud. Basically it is a 'graft' scheme to pass money disguised as 'Interest On The Debt' from our Nat'l Gov to the Banks. I doubt any of the Treasury Auctions, or Investment Bank Acctg could pass an audit. KickedUpstairsChrist Archangel Michael |
Archangel Michael
(OP) User ID: 79719301 United States 12/05/2020 06:54 PM Report Abusive Post Report Copyright Violation | US Census Bureau Now says 4 OUT OF 10 ADULTS in Pain, Possibly 30%+ UNEMPLOYMENT Nearly 83 million adults reported in November that they had difficulties covering the basics - including food, housing, medical expenses, transportation or other bills according to the US Census Bureau's most recent Household Pulse survey. Hard to say, that Proposed Congressional Federal Extensions to Existing Programs in 2020 will reduce numbers. Congress is saying Difficulty is a better state, than Impossibility. Last Edited by Archangel Michael on 12/05/2020 07:17 PM Archangel Michael |
Archangel Michael
(OP) User ID: 79719301 United States 12/05/2020 07:24 PM Report Abusive Post Report Copyright Violation | Congress Could Eliminate Difficulties for Americans...if it so chooses to. It chooses to Ignore...Old Fiscal Reality, without Penalty. [link to www.usdebtclock.org (secure)] GO THE DISTANCE. Archangel Michael |
Archangel Michael
(OP) User ID: 78612800 United States 12/12/2020 12:43 PM Report Abusive Post Report Copyright Violation | 75 Million People could lose Employment in Next 30 Days (Dec12-Jan 12 2020) That is Half The Workforce! I don't see a Conventional Explanation for this. I conclude either -Esoteric Explanation -Scare Mongering [link to www.politico.com (secure)] Last Edited by Archangel Michael on 12/12/2020 12:46 PM Archangel Michael |
Archangel Michael
(OP) User ID: 79538303 United States 12/20/2020 08:45 PM Report Abusive Post Report Copyright Violation | IMPACT OF JOB LOSSES ON SPENDING The second round of Stimulus provides $284 Billion dollars via PPP, to those that have had to close or lay off workers. In 2018, BLS derived totals of 10.0 million establishments, 146.1 million employed, and $8.4 trillion in wages, from reports submitted to State workforce agencies. If 10% of all workers, were laid off, total wages lost would amount to $840 Billion. That is a permanent loss of $556 Billion. My gut feel is the Economy lost 25% of its power. That is not being reflected in Government Stastics. I note that TV broadcasters can now apply for PPP. Too bad On Air Time remains the same. I'm waiting for CNN Jack Cafferty reruns. Last Edited by Archangel Michael on 12/20/2020 09:17 PM Archangel Michael |
Archangel Michael
(OP) User ID: 79793175 United States 12/21/2020 11:33 PM Report Abusive Post Report Copyright Violation | OPINION The fact that Corporate Landlords, and the Banks, have experienced a SIGNIFICANT SHORTFALL in Revenue (Mortgages, Rent) during the Covid Crisis and NOT DECLARED BANKRUPTCY; Tells Me, Landlords/Banks are not running on a Mortgage Payback Business Model Landlords and Banks are a single Business Entity. Banks Print Money and do no rely on Paybacks Of Loans to remain in Business Any money received from Renters/Single Family Owners is Profit. Banks Cover any Corporate Landlord Operating Expense Shortfalls with Printed Cash Infusions. Printing supports a SIMULATION MODEL, where Tenants are Not Required to have REAL JOBS or even Occupy the Premises. Last Edited by Archangel Michael on 12/22/2020 02:39 AM Archangel Michael |
Archangel Michael
(OP) User ID: 79818182 United States 01/25/2021 11:47 AM Report Abusive Post Report Copyright Violation | Propaganda 1) It costs $350,000 to live in big City. 2) Janitors Earn $265,000 Annually Facts 1. Median Income for Individuals is $44,000 (per Tax returns) 2. Median Income for Households is $87,000 (2x$44,000) (per Tax returns) [link to www.cnbc.com (secure)] [link to www.financialsamurai.com (secure)] Last Edited by Archangel Michael on 01/25/2021 11:51 AM Archangel Michael |
Archangel Michael
(OP) User ID: 79818182 United States 01/25/2021 12:11 PM Report Abusive Post Report Copyright Violation | INCOME BY QUINTILE Separating Tax Returns Numerically into 5 Equal Brackets 1. 4/5 Of all Individuals Earn Less than $65,000. (Joint/Householdd/Couple $135,000) [link to www.taxpolicycenter.org (secure)] Archangel Michael |