AquaCityBoy
Veteran
Yeah, I honestly don't see how the economy can improve any time soon, even as states are reopening.
You think opening restaurants at no more than 50% capacity when they need at least 75-80% just to break even will bring the economy back? Some funky ass mall that people were barely shopping at pre-coronavirus?
All the big events this year were still canceled, and sports are probably not gonna have live audiences (which both will hurt the travel industry and the local economies), and then come September when the $600 unemployment runs out and the moratorium on evictions ends, people are gonna have months with of back rent and bills to pay.
The best case scenario I see is those malls and restaurants get a momentary boost as people are desperate to go back outside and then they go back to pre-coronavirus business, if not worse.
You think opening restaurants at no more than 50% capacity when they need at least 75-80% just to break even will bring the economy back? Some funky ass mall that people were barely shopping at pre-coronavirus?
All the big events this year were still canceled, and sports are probably not gonna have live audiences (which both will hurt the travel industry and the local economies), and then come September when the $600 unemployment runs out and the moratorium on evictions ends, people are gonna have months with of back rent and bills to pay.
The best case scenario I see is those malls and restaurants get a momentary boost as people are desperate to go back outside and then they go back to pre-coronavirus business, if not worse.