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Old 03-17-2020, 06:55 PM   #766
Hank Chinaski
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Join Date: Sep 2003
Location: Corner Office
Posts: 86,149
Re: Objectively intelligent.

Quote:
Originally Posted by sebastian_dangerfield View Post
The Senate is actually going to pass this 10-weeks-of-2/3-of-pay-if-a-worker's-kid's-school-is-closed bill.

This is insanity. First, it leaves 59 million workers out in the cold, as they work for firms with 500+ employees.

Second, it's going to destroy a lot of mid-sized businesses that can neither shut down nor afford to pay it.

Third, every business that can afford to shut down for a bit is simply going to do so and lay off employees.

This bill is insane. It's going to turn this from a recession into a near depression.

If you're a mid-sized business with 50-200 employees, the number of people you're going to have to pay for 10 weeks, up to $200 per day, is going to break you. Because we all known, the schools are not going back in session this year.

Cost to Amazon, Wal Mart, Target? 0.000 Risk to them? 0.000

We are living in a banana republic.
it doesn't apply to companies with 500+ NWTAF?
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