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smirkymonkey

(63,221 posts)

21. It will not return to normal for a very long time.

Fri Apr 10, 2020, 09:02 PM

Apr 2020

People will still be very afraid and wary of resuming their former lifestyles until there is a vaccine. And we have no idea how much this virus can mutate, like the flu. There might need to be a new vaccine every year and even that might not be completely effective.

Also, the transfer of wealth from the middle class to the very wealthy is setting in like cement and that is going to show up as a more sluggish economy as well. The very rich can only consume so much, but when a majority of the purchasers in this country are having to tighten their belts, the effects will ripple throughout the entire economy. Corporate revenues and profits will decline, more people will lose their jobs, and so on.

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is the "normal" economy coming back? [View all] Demovictory9 Apr 2020 OP

Other. Not in a year. Cruise lines, travel, theme parks, spectator sports and concerts are going to rzemanfl Apr 2020 #1

things not returning to normal in these areas will hit states differently. Florida will be hit hard Demovictory9 Apr 2020 #6

With Bodies in Refrigerator Trailers, mass graves and no vaccine Under The Radar Apr 2020 #2

live entertainment is going to have to find about the go online Demovictory9 Apr 2020 #7

On the whole, economic activity and consumer demand will return to pre-C19 levels, but sop Apr 2020 #3

that's sad Demovictory9 Apr 2020 #11

We'll have an economy 2naSalit Apr 2020 #4

+1000 gldstwmn Apr 2020 #12

In a year, probably. Igel Apr 2020 #5

only if American is no longer a corporatocracy. I seriously doubt that will happen Demovictory9 Apr 2020 #10

No. We'll be in a deep depression for years and may never return to our old normal. hedda_foil Apr 2020 #8

I hope not Demovictory9 Apr 2020 #15

no going back to business as usual. online commerce will bury retail peacebuzzard Apr 2020 #9

fancy sit down restaurants will struggle no doubt. airlines are planning on blocking middle seat Demovictory9 Apr 2020 #16

I think social distancing will take off to new levels peacebuzzard Apr 2020 #20

Airlines will not be getting away with such cruel close seating ever again. nt crickets Apr 2020 #22

agreed. they are already blocking the middle seat Demovictory9 Apr 2020 #33

I think one change will be more people working from home TexasBushwhacker Apr 2020 #13

my job's IT department got everyone connected / lap tops distributed... so we are experiencing Demovictory9 Apr 2020 #14

While I Think You're Right... ProfessorGAC Apr 2020 #19

I agree - many more companes will find they like the WFH option Totally Tunsie Apr 2020 #30

It could really be a boon for small towns TexasBushwhacker Apr 2020 #32

Very true. I wonder if we'll see a spread in the population since we Totally Tunsie Apr 2020 #35

I hate to throw water on your parade Dan Apr 2020 #31

Not until after the vaccine. We may end up with it 70% back by fall Quixote1818 Apr 2020 #17

Conferences... I was scheduled to attend a conference in May. all company travel is suspended Demovictory9 Apr 2020 #18

It will not return to normal for a very long time. smirkymonkey Apr 2020 #21

The articles I've read about vaccines suggest that the virus is not mutating quickly. Initech Apr 2020 #27

However, that will take at least a year at best. I would hope that we could end this once and for smirkymonkey Apr 2020 #28

I already see places shut down...they couldn't survive...the pugs failed to help small business... Demsrule86 Apr 2020 #23

permanently shut down? Demovictory9 Apr 2020 #24

It just shows how little resilience we have built into our system TexasBushwhacker Apr 2020 #25

We will need a very good antiviral drug to treat this. We will also need a vaccine. OrlandoDem2 Apr 2020 #26

If we take any lessons from this about our reliance on each other and... pat_k Apr 2020 #29

The new "normal" will be much more confined. Thunderbeast Apr 2020 #34

Many people will have their credit ruined. Runningdawg Apr 2020 #36

minor correction.. you can rent a hotel room or car with a debit card.. only diff is they grab Demovictory9 Apr 2020 #37

Very different economy coming kurtcagle Apr 2020 #38

People are going to be gunshy, how can you trust its moved away w/o testing. Historic NY Apr 2020 #39

Because of trump and the gop policies duforsure Apr 2020 #40

IF there is a universally effective vaccine with no side effects DFW Apr 2020 #41

Inflation on those things you need to survive exboyfil Apr 2020 #42