The plan for opening back up after Covid lockdown

[maj. tom]

i'm not praising you though and you're not trolling. You need to get help.

[Dohplaydat]

It good.. hope this covid 19 made the population realize how much money we waste daily behind random snacks, play whey, beer, Soft drink.. fast food etc without keeping check.

When it first happened apart from buying groceries and paying bills initially, I didn’t touch my wallet for a while. That was so amazing

Get off your high horse and let people spend money where they want. At least spending on many of these things keeps thousands employed.

Yeah, it also keeps one enslaved to their palate and all those meds they take for metabolic syndrome so you can continue to eat crap, and burden the healthcare system with expenses related to obesity, diabetes and heart disease. Let's continue to to pay for the self imposed lifestyle diseases of others, because they can't control what they put in their mouth.
But hey, the more sick people we have, more employment opportunities right?

It's their choice, they have enough education and knowledge to know its bad. And for that matter, you can't pick and choose the bad like what speedmelter is doing.

Was I wasting money on healthy foods if I bought? I've often found it just as expensive to cook food vs buying food.

Saving is good, but it isn't always good for the economy, especially in a time like this when almost all businesses have been hit hard.

Food for thought as I had to explain this to several people who just you speedmetler, was bad talking people's spending habits and boasting about saving.

Let's say 25% of the population decides that their extraneous entertainment budgets for restaurants, bars, movies etc were 'wastage'. That means all these businesses immediately see a decline of 25% revenue. It's obvious now that Covid-19 has also scared some people from these activities as well.

So most businesses instead of making profit, might barely break even. Who wants to break even? Am I setting up a business to make NET zero profit or loss? Am i running a charity? Nope. So now imagine if 10-20% of these businesses close down within a year.

That results in thousands of job losses. Who is hiring them? If they're out of work, they can't pay basic bills, groceries etc. So now all revenues from businesses drop. Now these businesses may lay off workers and close branches too as demand across the board falls.

So consequently you buffing up people telling them to stop buying fast food has resulted in you getting laid off at your so called 'safe' job.

Congrats, we now have a recession and an even larger dependent population.

So now your taxes go into supporting them rather than developing the country.

This isn't meant to bad talk saving, saving helps the economy at other times, especially when it can lead to a boom in investment and construction. But that is couple years away, right now we all need to do our part to support the economy.

Your logic is there but it only goes so far,
NO, most of the population are not educated about healthy eating,

i understand your ramble but if you develop an economic structure based on needing a population to be living a festive lifestyle, eating junk and the population having to spend 25 percent of their income on these activities just to sustain the economy, then that is failure from the get go, there is not going to be any real development from there go forward.

In trinidad we party for nonsense, i am guilty of it myself despite knowing the stupidity of it,

In a developed world people celebrate special occasions or the achievement of something good,

In trinidad we just wait for the weekend to drink a set of rum and be all over the place liming because its the weekend, and thats the stupid culture put into all the youths there are now. Its the men behind the curtain at the top who carefully crafted this society into this business model btw and they laugh at us so much.

Yea so it's only Trinidad we like to drink? For better or worse economies depend on frivolous spending.

Hawaii just went from 3% to 30%+ unemployment and probably might settle at that rate for the next year or two.

The rest of Caribbean will experience similar falls including Tobago.

Economic disaster will be worse in the long run for everyone leading to more deaths.

[Dohplaydat]

i'm not praising you though and you're not trolling. You need to get help.

Lol ok

[speedmelter]

It good.. hope this covid 19 made the population realize how much money we waste daily behind random snacks, play whey, beer, Soft drink.. fast food etc without keeping check.

When it first happened apart from buying groceries and paying bills initially, I didn’t touch my wallet for a while. That was so amazing

Get off your high horse and let people spend money where they want. At least spending on many of these things keeps thousands employed.

Yeah, it also keeps one enslaved to their palate and all those meds they take for metabolic syndrome so you can continue to eat crap, and burden the healthcare system with expenses related to obesity, diabetes and heart disease. Let's continue to to pay for the self imposed lifestyle diseases of others, because they can't control what they put in their mouth.
But hey, the more sick people we have, more employment opportunities right?

It's their choice, they have enough education and knowledge to know its bad. And for that matter, you can't pick and choose the bad like what speedmelter is doing.

Was I wasting money on healthy foods if I bought? I've often found it just as expensive to cook food vs buying food.

Saving is good, but it isn't always good for the economy, especially in a time like this when almost all businesses have been hit hard.

Food for thought as I had to explain this to several people who just you speedmetler, was bad talking people's spending habits and boasting about saving.

Let's say 25% of the population decides that their extraneous entertainment budgets for restaurants, bars, movies etc were 'wastage'. That means all these businesses immediately see a decline of 25% revenue. It's obvious now that Covid-19 has also scared some people from these activities as well.

So most businesses instead of making profit, might barely break even. Who wants to break even? Am I setting up a business to make NET zero profit or loss? Am i running a charity? Nope. So now imagine if 10-20% of these businesses close down within a year.

That results in thousands of job losses. Who is hiring them? If they're out of work, they can't pay basic bills, groceries etc. So now all revenues from businesses drop. Now these businesses may lay off workers and close branches too as demand across the board falls.

So consequently you buffing up people telling them to stop buying fast food has resulted in you getting laid off at your so called 'safe' job.

Congrats, we now have a recession and an even larger dependent population.

So now your taxes go into supporting them rather than developing the country.

This isn't meant to bad talk saving, saving helps the economy at other times, especially when it can lead to a boom in investment and construction. But that is couple years away, right now we all need to do our part to support the economy.

Your logic is there but it only goes so far,
NO, most of the population are not educated about healthy eating,

i understand your ramble but if you develop an economic structure based on needing a population to be living a festive lifestyle, eating junk and the population having to spend 25 percent of their income on these activities just to sustain the economy, then that is failure from the get go, there is not going to be any real development from there go forward.

In trinidad we party for nonsense, i am guilty of it myself despite knowing the stupidity of it,

In a developed world people celebrate special occasions or the achievement of something good,

In trinidad we just wait for the weekend to drink a set of rum and be all over the place liming because its the weekend, and thats the stupid culture put into all the youths there are now. Its the men behind the curtain at the top who carefully crafted this society into this business model btw and they laugh at us so much.

Yea so it's only Trinidad we like to drink? For better or worse economies depend on frivolous spending.

Hawaii just went from 3% to 30%+ unemployment and probably might settle at that rate for the next year or two.

The rest of Caribbean will experience similar falls including Tobago.

Economic disaster will be worse in the long run for everyone leading to more deaths.

Ok now you are a complete jackarse, you are comparing two different things;
1) an economy properly designed to facilitate and earn revenue from external sources using partying, entertainment etc as the means

2)an economy poorly designed represented by farces of 1) where the local population indulges in celebration of imaginary wealth, while those at the top suck the real substance of what there is....

well you go buy your fried chicken everyday and teach your children to do the same because it is essential to provide jobs for the average folk to prop the economy lol. By your logic if prestige ask for a government bailout it should be granted, because of how pivotal they are in the upkeep of the economy.

[Dohplaydat]

It good.. hope this covid 19 made the population realize how much money we waste daily behind random snacks, play whey, beer, Soft drink.. fast food etc without keeping check.

When it first happened apart from buying groceries and paying bills initially, I didn’t touch my wallet for a while. That was so amazing

Get off your high horse and let people spend money where they want. At least spending on many of these things keeps thousands employed.

Yeah, it also keeps one enslaved to their palate and all those meds they take for metabolic syndrome so you can continue to eat crap, and burden the healthcare system with expenses related to obesity, diabetes and heart disease. Let's continue to to pay for the self imposed lifestyle diseases of others, because they can't control what they put in their mouth.
But hey, the more sick people we have, more employment opportunities right?

It's their choice, they have enough education and knowledge to know its bad. And for that matter, you can't pick and choose the bad like what speedmelter is doing.

Was I wasting money on healthy foods if I bought? I've often found it just as expensive to cook food vs buying food.

Saving is good, but it isn't always good for the economy, especially in a time like this when almost all businesses have been hit hard.

Food for thought as I had to explain this to several people who just you speedmetler, was bad talking people's spending habits and boasting about saving.

Let's say 25% of the population decides that their extraneous entertainment budgets for restaurants, bars, movies etc were 'wastage'. That means all these businesses immediately see a decline of 25% revenue. It's obvious now that Covid-19 has also scared some people from these activities as well.

So most businesses instead of making profit, might barely break even. Who wants to break even? Am I setting up a business to make NET zero profit or loss? Am i running a charity? Nope. So now imagine if 10-20% of these businesses close down within a year.

That results in thousands of job losses. Who is hiring them? If they're out of work, they can't pay basic bills, groceries etc. So now all revenues from businesses drop. Now these businesses may lay off workers and close branches too as demand across the board falls.

So consequently you buffing up people telling them to stop buying fast food has resulted in you getting laid off at your so called 'safe' job.

Congrats, we now have a recession and an even larger dependent population.

So now your taxes go into supporting them rather than developing the country.

This isn't meant to bad talk saving, saving helps the economy at other times, especially when it can lead to a boom in investment and construction. But that is couple years away, right now we all need to do our part to support the economy.

Your logic is there but it only goes so far,
NO, most of the population are not educated about healthy eating,

i understand your ramble but if you develop an economic structure based on needing a population to be living a festive lifestyle, eating junk and the population having to spend 25 percent of their income on these activities just to sustain the economy, then that is failure from the get go, there is not going to be any real development from there go forward.

In trinidad we party for nonsense, i am guilty of it myself despite knowing the stupidity of it,

In a developed world people celebrate special occasions or the achievement of something good,

In trinidad we just wait for the weekend to drink a set of rum and be all over the place liming because its the weekend, and thats the stupid culture put into all the youths there are now. Its the men behind the curtain at the top who carefully crafted this society into this business model btw and they laugh at us so much.

Yea so it's only Trinidad we like to drink? For better or worse economies depend on frivolous spending.

Hawaii just went from 3% to 30%+ unemployment and probably might settle at that rate for the next year or two.

The rest of Caribbean will experience similar falls including Tobago.

Economic disaster will be worse in the long run for everyone leading to more deaths.

Ok now you are a complete jackarse, you are comparing two different things;
1) an economy properly designed to facilitate and earn revenue from external sources using partying, entertainment etc as the means

2)an economy poorly designed represented by farces of 1) where the local population indulges in celebration of imaginary wealth, while those at the top suck the real substance of what there is....

well you go buy your fried chicken everyday and teach your children to do the same because it is essential to provide jobs for the average folk to prop the economy lol. By your logic if prestige ask for a government bailout it should be granted, because of how pivotal they are in the upkeep of the economy.

For your economy '2', why you feel that is special to Trini?

Your only real valid point is that spending money you don't have can lead to an economic collapse when things go to sheit and debts can't be repaid. Literally what's happening to America right now too.

My arguement is bigger, holding back spending right now will lead to an economic collapse. That is the point, it has nothing to do with fry chicken

I for one am happy doubles men and food vendors across the country are generating revenue again. You dont seem to be, or is it only fry chicken you against?

[Penguin]

I go be the first to admit but I've been reading and it really is a scary world we're entering now.

I have 4 incomes from businesses, an ice cream parlor, a convenience store, a play whe booth and I own a maxi. Everything except the convenience store is closed. The maxi needed some repairs right now too so I not running it. Sales in my store have been much less than normal since my location caters to workers on their way home.I'm hoping when phase 4 reaches, sales go back to normal, but from what I'm seeing across the world it won't be because of
1. People will be spending less and going out less generally
2. A lot of people working from home and schools close so I not running my maxi till September
3. People getting laid off due to less spending and oil and gas revenues falling and
4. Habits have changed due to lockdown and the 'new normal'.

All this means, my income has dropped and I have no choice but to lay off one or two workers, the maxi driver as well until September. But I'm thinking if everyone lays off some workers, we will have huge unemployment and thus demand from all our businesses will drop as a result, thus leading to more unemployment.

This is a kind of chicken and egg thing.

Please correct me if I'm thinking wrongly here, despite being a business man, this is real economics big picture stuff that I don't know at all.I'm seeing local economists predict up to 40% unemployed. WTF......why isn't anyone really talking about the long term effects for our economy?

[redmanjp]

if we didn't have fast food or street food everyone would be cooking which means they would be grocery shopping. With more demand for groceries those food vendors could decide to open a grocery store instead employing those same workers- problem solved. But they do provide convenience for working ppl though.

[NR8]

I'm seeing local economists predict up to 40% unemployed.

USA currently at 30% according to CNN a couple days ago so that number is not unbelievable at all.

[Penguin]

I'm seeing local economists predict up to 40% unemployed.

USA currently at 30% according to CNN a couple days ago so that number is not unbelievable at all.

is no one alarmed by this? reaching 40% is like 1 in 2 of people currently employed getting laid off.

[Duane 3NE 2NR]

I'm seeing local economists predict up to 40% unemployed.

USA currently at 30% according to CNN a couple days ago so that number is not unbelievable at all.

Do you have a link to that CNN report?

US Department of Labour reports the current unemployment level in the US is around 15%, which is astronomical but no where near 30%.

[NR8]

I'm seeing local economists predict up to 40% unemployed.

USA currently at 30% according to CNN a couple days ago so that number is not unbelievable at all.

Do you have a link to that CNN report?

US Department of Labour reports the current unemployment level in the US is around 15%, which is astronomical but no where near 30%.

I feel I'm mixing it up with the estimated 30 million people they estimated it to be. My bad. It was a news headline on the tv channel.

Found this
https://edition.cnn.com/interactive/2020/05/business/april-jobs-report-unemployment-rate/

[Duane 3NE 2NR]

Ah ok got it

30% unemployment would be catastrophic

[De Dragon]

:lol: allyuh really trying to have a real discussion with Trinituner's "The Pretender" Daran? The worst compulsive pathological liar in Trinidad?

Just now he will make a new account and claim he is a cardiology-specialist (making $100k a day with several imaginary women around the world) and "eating doubles and KFC is ackshully healthy."

No, that would be The Hon. JUHN Scarfy.

[K74T]

[redmanjp]

I'm seeing local economists predict up to 40% unemployed.

USA currently at 30% according to CNN a couple days ago so that number is not unbelievable at all.

is no one alarmed by this? reaching 40% is like 1 in 2 of people currently employed getting laid off.

can businesses not cut salaries or have no pay leave but still keep their employees on for when they open back up? is getting laid off always the ONLY option?

[Dizzy28]

I'm seeing local economists predict up to 40% unemployed.

USA currently at 30% according to CNN a couple days ago so that number is not unbelievable at all.

is no one alarmed by this? reaching 40% is like 1 in 2 of people currently employed getting laid off.

can businesses not cut salaries or have no pay leave but still keep their employees on for when they open back up? is getting laid off always the ONLY option?

Unemployment in Trinidad should always be looked in the greater context of our demographics as well. We normally have had over the past few years a total labour force size that is less than 50% the total population.

Massive unemployment puts a greater burden on even less persons to prop up productivity

[pugboy]

well govt say they not cutting cepep
so everybody could go and apply to cepep

[Dizzy28]

well govt say they not cutting cepep
so everybody could go and apply to cepep

Cthulu could rise up from the Gulf of Paria before this Govnt cut Cepep in an election year

[elec2020]

Nice survey on the potential economic inpact of covid 19 restrictions on the average household in TnT... still note that this survey only included around 900 households... i think i saw somewhere that TnT has over 30k households... so this is a very tiny sample size... still worth a read though

https://newsday.co.tt/2020/05/14/more-t ... f-covid19/

[Ben_spanna]

well govt say they not cutting cepep
so everybody could go and apply to cepep

Cthulu could rise up from the Gulf of Paria before this Govnt cut Cepep in an election year

So yet again we continue to pay people for not working or aspiring to make themselves better ..

[rspann]

No . We just paying them to vote us back in , for the next election . What so hard about that to understand?

[pugboy]

govt does take care of their voter base u know
just saying

well govt say they not cutting cepep
so everybody could go and apply to cepep

Cthulu could rise up from the Gulf of Paria before this Govnt cut Cepep in an election year

So yet again we continue to pay people for not working or aspiring to make themselves better ..

[pugboy]

sop

No . We just paying them to vote us back in , for the next election . What so hard about that to understand?

[Ben_spanna]

No . We just paying them to vote us back in , for the next election . What so hard about that to understand?

Supporting criminals and worthless people in society by any government is unacceptable.

[rspann]

Well we supporting criminals and worthless people in society when we vote them in anyway .

[Duane 3NE 2NR]

[redmanjp]

Nice survey on the potential economic inpact of covid 19 restrictions on the average household in TnT... still note that this survey only included around 900 households... i think i saw somewhere that TnT has over 30k households... so this is a very tiny sample size... still worth a read though

https://newsday.co.tt/2020/05/14/more-t ... f-covid19/

survey was done online- so we can assume that things could be worst off as some ppl who lost their job cyah pay for internet so would not have been able to do the survey

[rexsmith]

Does any one have any updated info on the payment of the salary relief grant

[Dave]

I know many ppl who submitted but none received anything to date.

[elec2020]

Nice survey on the potential economic inpact of covid 19 restrictions on the average household in TnT... still note that this survey only included around 900 households... i think i saw somewhere that TnT has over 30k households... so this is a very tiny sample size... still worth a read though

https://newsday.co.tt/2020/05/14/more-t ... f-covid19/

survey was done online- so we can assume that things could be worst off as some ppl who lost their job cyah pay for internet so would not have been able to do the survey

Thats a nice spot... i forgot that as well