Prepare Ye Now, Lest Ye Want for Detergent Later

| May 23, 2020

Economists have started warning us of a deep global recession down the road, and the Chairman of the Federal Reserve is in favor of a second round of stimulus checks. I’ve brought this up before, when it started back in March.

https://www.cnet.com/personal-finance/a-second-stimulus-check-from-the-irs-whats-going-on-with-round-2/

Meanwhile, Maxine Waters does not want small businesses reopening. She’s much too full of herself. She has no understanding of business at all. She probably thinks everything comes from “the store”, which it does not. Products come from a companies that make the things that she takes for granted, like that overpriced commode she sits on. Those “parts” (like the faucet in your kitchen sink) go to a sales point somewhere, whether it’s garden products delivered to a small grocery store down the block on the corner, or a larger dry goods store such as a hardware store chain.

https://conventionofstates.com/news/maxine-waters-protesters-should-be-ashamed-i-don-t-want-businesses-to-open-back-up

So what are the owners of these small businesses supposed to do to pay the bills and put food on the table? Wait for the Sirdar to throw coins to them as s/he passes?

Here’s a video of one salon owner’s response to being told she could not only not reopen her shop, but was arrested for violating that prohibition, and also her response to what Waters said. This Dallas, TX, shop owner has a real grasp on things, whereas Waters does not.

https://www.youtube.com/watch?v=VQF2JT9O3aA&feature=emb_rel_end

Small businesses are the backbone of any economy and any community. Large corporations are not. Without the small businesses and their owners and employees, there is no base supporting the larger businesses. A large corporation will fail, or close up a shop that could have stayed open, and leave hundreds to thousands of unemployed people floundering. There are more successful small businesses that have been in existence longer than many large multinational corporations, and they still manage to flourish, whereas the large corporations are frequently found to be floundering because they got into the “expand and go broke” syndrome, and those floundering companies were in distress months before any bugs showed up on the screen door to shut off their customer bases.

While lockdowns are easing up in many, many places, it does not mean that the economic losses will be quickly recovered. This recession we’re in was a forced recession, shuttering businesses that were thriving before the lockdowns brought those thriving small businesses to a halt. Large businesses have also been affected by the lockdown. The forecast of another recession, at the global level this time, is not good news, but we can all be prepare for it since we’re being warned now. It is one of the reasons I posted the 1952 recipe for buttermilk pancakes from scratch, from the Better Homes & Gardens cookbook. Box mixes, which most people use now, cover a wide variety of products including bread stuffing and cornbread muffins, and they are convenient, but what if they become unavailable or unaffordable? It can happpen, simply because the prices of eggs, corn, sugar, wheat and other commodities on the commodities markets are out of sight, never mind beef, hogs and chickens. If prices are too high and money is short for the ordinary family, then the chief cook and bottle washer will be squeezing every penny to stretch a tight budget, especially when one or all working family members may be out of work.

If the analysts’ forecast of a major global recession ahead are even vaguely close, we had best be prepared for it. I’ve been seeing this forecast since early in March when it started with a couple of analysts saying a global recession was coming by 2021-2022. They were right, and that view is becoming wider spread, with more analysts saying the same thing.  The forecast now is that it may stretch out to include 2023.

The next recession won’t be caused by a virus. It will be the result of permanent job losses and economic failures, which started when thriving businesses were brought to a screeching halt by nothing but fear. The obvious preventive measure is ti restart the economy, which is what a lot of small businesses are doing now, as did the salon owner in Dallas, TX.

And that idiot governor in Texas doesn’t want businesses opening back up?  It would be nice if he had to do without everything he takes for granted, including clean undies not being available because the manufacturer of laundry products is producing smaller lots. Now what could cause that? Smaller orders from sellers, e.g., grocery stores, because no one is buying the stuff or hoarding it.

In addition, the Senate has moved to bar Chinese companies from appearing on the NYSE, and it is now up to the House to do the same. It appears that this may also be heavily favored by the House of Reps.  https://www.marketwatch.com/story/bill-that-could-delist-chinese-companies-from-us-stock-exchanges-to-see-swift-passage-in-house-analyst-says-2020-05-21

It seems to me that if the Senate and House can agree on something like this, they should agree on how to keep our economy thriving without throwing people out of work.

Category: "The Floggings Will Continue Until Morale Improves", Economy, Ivory Tower Idiocy

Comments (21)

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  1. A Proud Infidel®™ says:

    The D-rats are showing their true colors yet again, showcasing that they want to keep the small businesses shut forcing Consumers to patronize the big chains which bribe them via lavish campaign fund and PAC contributions while keeping the populaces of their districts as impoverished and dependent on Government as they can!

    • 5th/77th FA says:

      Spot on Target API, and Testify Mi’Lady. Connect the dots, follow the money and it WILL become obvious that this scamdemic is a calculated assault on the World, paying particular attention to the American way of life. And if they take down the impeedimate to the New World Order, so much the better. It not Trump so much they are after, it is us, he is just in their way. If goods are not available, you can’t buy them at any price. What good does having money do you if there is nothing to buy. And simple Econ 101 states, supply goes down, price goes up. Simply printing more money, or just giving it for non production creates inflation. Will we be taking our money to the market in a wheelbarrow, and bringing our purchases home in a handbasket? Will the have nots start storming the gates of the haves in order to take away their designer ice creams from their commercial grade/size freezers?

      How is it the virus will get you in an independent small business, but you are safe in a WalMart? Do we need to start having Church Services in the plumbing aisle of Home Depot? How is it that the millions of employees of the WalMarts, Costcos, Amazons, ect are not being infected, but the employees of the food/meat packing plants are? The social media platforms are being monitored and scrubbed of different posts on a daily basis. The lame stream media is constantly harping out the fake news, repeating the lies, often enough, loud enough, and with enough emphasis that it is becoming accepted as truth.

      To paraphrase Pogo, we have met the enemy and it is THEM!

      • Fyrfighter says:

        “How is it that the millions of employees of the WalMarts, Costcos, Amazons, ect are not being infected, but the employees of the food/meat packing plants are? ”
        Would you be talking about the Chinese owned meat packing plants KOB?, the ones heavily populated by those here illegally from third world countries where sanitation is not really a thing?
        Of course Walmart (or Walmartinez as it’s referred to around here) has it’s share of the same folks, they don’t work in quite as tight of quarters as in a packing plant.

        • 5th/77th FA says:

          Those are eggsxactly the plants I’m talking about FF. Brother is in SD and the ONLY cases they’ve had were in the meat packing plants. Other family are in NE, same thing there. Connect the dots. If you look at it this way, you will see the systematic assault on our economic infrastructure. It is surprising (/s/) how few people know that Smithfield is owned by the Chinese Communist; and that they control Armour, Nathans and others. The same corporation also controls/owns 146,000 some odd acres of prime farmland. And THAT happened between ’13 and ’16 AND took US Gubmint/Kongress Kritter approval. I pulled an experiment the other night, accessing Baby Sister’s Fake Book page. An ad for Smithfield had been showing up in her news feed, touting how long they had been in business and insinuating that they were an American Owned Company. I dug deep into the inherwebz for the news story, did a copy/paste/addalinky and made a comment. Wasn’t hardly any time at all before the frownie face icons and a multitude of WTF comments come pouring in. Wasn’t but just a few minutes later that the page went poof. You can’t tell me that Gates, Suckerman and company are not knee deep in this vast scamdemic. The brainwashing of the World is going strong, with the hope that the masses will trade supposed security for the loss of freedom. How’d that work for the Natives of the Americas? Or the victims of the Holocaust? Many of the Holocaust victims rushed to get into the head of the line going to the showers because they were told that they would have food and water after the shower.

          #Resist…#Rebel…#Revolt

          • Roh-Dog says:

            Allow me to add in the collection of fine hash-ah-ma-tags you’s got there:
            Reinstate (the Constitution)
            Rebuild (a just and fair lawful society)

    • Ex-PH2 says:

      I believe, Gun Bunny, that what you’ve said is the reason FDR created those work programs during the Great Depression – to get some value into the cash and get things kick started again. And it worked.

      The comparison would be the unbelievable inflation that Germany was going through at the same time: a wheelbarrow full of deutschmarks could barely buy a loaf of bread, although that may be an exaggeration, considering how far back it happened.

      • 5th/77th FA says:

        Yessum, the CCC and WPA can be considered successful programs the FDR did. Others would argue that he took away legitimate work from private industry. It could go either way. Down here, many “public works projects” were controlled by gubmint officials, and a lot of the labor was provided by prison work gangs, with an appropriate payment made to the warden of the county lockup. Surprisingly, some of that was still going on up into the late 60s. I had family members in Momma and Papa’s generation that work on CCC & WPA projects before they joined/got drafted for WWII. There were a coupla that were in the county work gangs too.

        We spent a goodly amount of time when I was in business school studying the hyper inflation going on in Germany after WWI. One reference I do remember was a box of matches cost 3K marks. And, as it was in the South in 1864, you literally did have to take your money to market in a wheelbarrow and bring your loaf of bread home in the handbasket. That is, if you could find a loaf of bread to buy. I’m sure that you have heard the term, “not worth a Continental”, we’ve seen/heard what happened to the Ruble, and now, a roll of toilet tissue is worth more than paper Venezuelan money. In the One Second After , Forstchen Books, the standard of currency was .22 shells. Coins were used to make arrowheads for small games.

        Keep them squirrels fat, we may need them for the dumplin’ pot.

        • 11B-Mailclerk says:

          Those “jobs programs” were disasters. By paying well-above-market wages, they pulled vast numbers of folks out of the pool available to be hired, driving up costs and slowing recovery.

          Why, it is almost like someone was advising him with Marxist stupidity.

  2. HMCS(FMF) ret says:

    Remember what the JEF said…

  3. Ex-PH2 says:

    Oh, not only do I remember, but also the vainglory in that remark was so abysmally idiotic that I have never forgotten it. Ever! Never will, either!

  4. David says:

    Not sure I understand your comment on the Texas Guv, he is taking fire for allegedly allowing businesses to reopen too soon. And when the hairdresser was arrested for breaking the lockdown order, he modified the order to prevent a recurrence. First he took heat for being too slow to shut down, now for being too early yo reopen. You sure you don’t mean MI or some other godforsaken place?

    • Ex-PH2 says:

      No, the salon owner is in Dallas, and she was arrested for reopening her salon too soon to make him happy. And the TX Guv apparently took a lot of heat for it, so he’s changed his mind.

      Watch the video I linked to.

      Several states have already gone into scheduled reopenings ahead of Texas.

      • Wireman611 says:

        Thought she was arrested for violating a county or city order. And that the judge was merely an executive.

  5. OWB says:

    A second round of stimulus checks? Haven’t gotten the first one yet, although several neighbors and friends have.

    Where’s my $$$$$$?????

    Meanwhile, those of us who are less dependent upon crowded urban areas will, just as occurred during the Great Depression, suffer less when the next one hits. Unfortunately, the hungry urban dwellers have easier access to our gardens than they did back then.

    • Roh-Dog says:

      I’ve already had the discussions with friends and family about using private or public land (i.e. sports fields and parks) to start a farming collective and organizing a force to protect it.
      Again, it is not out of the realm of possibility. Just having the conversation with people wakes them up a little bit.

  6. Roh-Dog says:

    Funny pic you gots there, Ex, all those are in our garden time-meow. In addition: potatoes, beans, herbs and garlic, got some pretty quail that’re laying now too!
    If —I hope, if and not ‘when’— the National Guard is monitoring the ration lines, ensuring order and checking cards, I’m avoiding all that mess.
    Worst case scenario? You bet!
    Possible?
    I’m not going to entertain odds making on it, but yeah.

    • Ex-PH2 says:

      I’m less concerned about the Guard being used against civilians than I am about the checkout police. When I went to one store to get refills, the checkout girl said I could only buy one box of kleenex tissues at a time, but there was nothing posted like that and I had picked up two of them.

      Then I went to Walmart and bought a shrink-wrapped pack of 3 boxes of kleenex. No quibbling at checkout, either.

      On the other hand, I needed paper towels and the smallest “group” packaging I could find was packs of 12 at both stores, and ditto toilet paper. And I don’t think anyone is hoarding anything any more, except maybe beef at Walmart, but when I went to the store where I got good corned beef brisket in March, those briskets and other beef cuts are still available, as are lots of chicken, pork and fish.

      Of course, we could just go out into the woodlands and shoot feral hogs, and roast them on a spit over a fire, couldn’t we? 😉

      It appears that the panic attacks have begun to dry up.

      I’m curious to see what will happen in a few months when sequestered people are finally told it’s okay to go outside and play in traffic. If the Guard is used for anything, it’s doubtful that it might be for anything other than setting up equipment like field hospitals, which they did in March, or distributing supplies or testing people for the CV19 virus, if that returns. If any politician is stupid enough to use the Guard against US citizens, s/he/it will never live it down.

  7. Wireman611 says:

    Thought she was arrested for violating a county or city order. And that the judge was merely an executive.

    • Wireman611 says:

      My bad, please remove this one.

    • Ex-PH2 says:

      Technically, she violated what was a restraining order from the governor, meant to prevent citizens from going outside their homes without permission. I think that would be a 1st Amendment violation unless your life is threatened by something like someone driving a tank down the street and flattening cars.

      This pandemic has never been declared or designated a real emergency and telling people to stay home and not mix with crowds can be interpreted in many ways. Evacuating in a flood would be an emergency. Leaving your home quickly if there is a gas leak would be an emergency, but those things are usually managed by law enforcement if need be.

      Frankly, the hyperemotionality of the response to the pandemic in various states does not say good things about those who were in charge and used it as an excuse to flex their perceived authority muscles.

      This will very likely be sorted out in the near future. But arresting someone for restarting a business without getting “permission”, as if the shop owner was 5 years old trying to cross a busy street, is absolutely ludicrous, especially when people have been doing it in many places with no bad results.