It wouldn't be "fun" but it would be great if ANY President was able to help the country recover quickly.
It wouldn't be "fun" but it would be great if ANY President was able to help the country recover quickly.
I'm not sure about that because they are low overhead. I was shocked that I did not lose money in March and April despite only being able to manufacture for essential industries. Me and my partner are the only ones took the hair cut on earnings. Cash flow is going to be difficult over the next months because our customers are larger and see suppliers as their rotating loan facility.
Mom and Pop restaurateur will be doing more themselves and not need the same staff. They will be back to the start up stage.
As long as Trump follows Coolidge and doesn't meddle in the economy the way liberals are wont to do, it'll recover.
Tradition is not the worship of ashes, but the preservation of fire. ― Gustav Mahler
Peter1469 (05-27-2020)
It would be great if things could work out naturally but that's impossible. We are living in a different world where social media has a huge influence on people and businesses. Trump has already influenced the economy through his tweets when he targets those he considers enemies.
Government meddling creates problems. It involves business cycles, busts and booms. When the government meddles it typically does so too late and incentivizes people to make the wrong investments and exaggerate normal busts into recessions and depressions. People's opinions are just that, opinions, even Trump's. But he generally encourages growth.
Tradition is not the worship of ashes, but the preservation of fire. ― Gustav Mahler
Peter1469 (05-27-2020)