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Coronavirus (Stay on Topic)
- Thread starter GaWx
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Sandbar
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There is a Russia / Saudi oil standoff that is probably affecting the market more than the virus
Webberweather53
Meteorologist
Payroll tax cuts only benefit people that are actually working and if the economy starts to decline (which it probably will later in the spring) then you get laid off of work, it does absolutely no good, not to mention if consumers are going out and spending less because of CoV-19, that money is not going to recirculate into the economy. Furthermore, this is going to exacerbate the national debt crisis and widen the federal budget deficit. It’s a nice idea but there are better solutions to this problem (like imposing tariffs on foreign oil imports).
However I do not disagree that payroll taxes should be eliminated for low to medium wage earners who constitute a small fraction to the federal tax base
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Heelyes
Member
So the tax cuts will end the standoff?
Wrong again from the bird man ... UNC system is meeting and has already told teachers here at UNCC that the online transition will happen by monday
Webberweather53
Meteorologist
That’s definitely a hot take there especially considering most global stock markets were already taking on large losses before this price war started. Like I said earlier, we need to slap a large tariff on foreign oil imports s.t federal budget increases and the prices make it competitive enough for domestic oil, shale, & energy companies to stay afloat during the price war.
I'm right here... I love the idea and I'd also love to see gov't cut spending. Easier said then done though, anytime they try, some group then complains the government cut spending and isn't doing enough. It's a danged if you do, danged if you don't scenario... but I'll leave it alone. Wrong thread, I guess... Idk anymore. Seems, politics, corona and stocks all go hand in hand these days.
NCHighCountryWX
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Most cases of COVID-19 are reportedly “mild,” but that term can be misleading. As the World Health Organization adviser Bruce Aylward clarified last week, a “mild” case of COVID-19 is not equivalent to a mild cold. Expect it to be much worse: fever and coughing, sometimes pneumonia—anything short of requiring oxygen. “Severe” cases require supplemental oxygen, sometimes via a breathing tube and a ventilator. “Critical” cases involve “respiratory failure or multi-organ failure.”
Yellow Snow
Member
With shale production exploding the past decade or so, the US is no longer a major importer of OPEC products; countries in the Asia-Pacific region are now the primary OPEC customers (which is a big reason why OPEC is hurting so badly right now, due the major decline in economic activity - and the resultant decline in energy demand - in that region from the pandemic).
Sandbar
Member
I think the idea behind any tax relief is due to people possibly having to miss time at work and have their lives disrupted. Most people don't pay their bills off of the stock market
Any insider news? Both of my girls are at Campbell University and they are potentially preparing to go online with all classes.... stupid virus, there's goes the empty nest.
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Deleted member 1449
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Any insider news? Both of my girls are at Campbell University and they are potentially preparing to go online with all classes.... stupid virus, there's goes the empty nest.
nothing new. I think it's just a wait and see sort of thing from here. Also, I think that when any closures occur, it will not be statewide, and probably not even system-wide. The way it was explained to me is that it would happen school-by-school. Of course, all of this could change depending on how things evolve from here.
Nerman
Member
“I can say we will see more cases and things will get worse than they are right now,” Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, told the House Oversight and Reform Committee at a hearing on the nation’s preparedness for the outbreak.
How much worse depends on two things, he said: containing the influx of infected people coming from other countries and containing local outbreaks within the U.S. “Bottom line is it’s going to get worse,” he added. —Lovelace, Higgins-Dunn
How much worse depends on two things, he said: containing the influx of infected people coming from other countries and containing local outbreaks within the U.S. “Bottom line is it’s going to get worse,” he added. —Lovelace, Higgins-Dunn
NCSNOW
Member
Theres plenty of federally funded programs that can be slashed temporairly, some permanetly in my opinion to help offset to a degree.People will ask where the money is going to come from since we already have a ballooning national debt that is over 1Trillion annually. It won't be the conservative Tea Party that packed their fiscally conservative bags and went home after Trump got elected.
:max_bytes(150000):strip_icc()/usdebtbypresidentnewimage-9e919ca2f1344875a671e38b091cc49d.jpg)
U.S. National Debt by President
Check out how the national debt has increased by year and president. Depending on how you measure it, the answers may differ.www.thebalance.com
This should probably be moved to political or stock market thread.
His biggest obstacle to doing this will be his own party. Will have to have bi-partisan suport to garner enough votes. We all know in an election year that aint happening cause his opponent wants to see a crash n burn.
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Interestingly enough, my wife did point out to me that they have enough Chrome books for all students, so if they did go online it wouldn't be as difficult as I thought it might be. Not sure every system has that and frankly I was surprised our District here had that
103 year old woman cleared of coronavirus after treatment. Oldest on record to recover so far.
Heelyes
Member
The problem is not everyone has internet at home. This was part of the discussion the school boards are having.
NCSNOW
Member
Kudlow said last night in meetings all ootions are on the table and Trump is willing to throw the kitchen sink at the virus. Economically, Health Management standpoint, freeing up any regs in the way of private health sector etc.
NCSNOW
Member
Health officials called to 'emergency meeting' at White House- Rep. Maloney
by Reuters
Wednesday, 11 March 2020 14:03 GMT
NEW YORK, March 11 (Reuters) - Health officials scheduled to testify at a congressional hearing on the fast-moving coronavirus outbreak on Wednesday are being called to an "emergency meeting" at the White House later today, Rep. Carolyn Maloney said, noting that the hearing would have to end early.
The witnesses, who include National Institute of Allergy and Infectious Diseases Director Anthony Fauci and Centers for Disease Control and Prevention Director Robert Redfield, will have to leave early, so the meeting will end at 11:45 ET, she said.
Maloney said that she did not have additional details about the meeting, except that it is urgent
by Reuters
Wednesday, 11 March 2020 14:03 GMT
NEW YORK, March 11 (Reuters) - Health officials scheduled to testify at a congressional hearing on the fast-moving coronavirus outbreak on Wednesday are being called to an "emergency meeting" at the White House later today, Rep. Carolyn Maloney said, noting that the hearing would have to end early.
The witnesses, who include National Institute of Allergy and Infectious Diseases Director Anthony Fauci and Centers for Disease Control and Prevention Director Robert Redfield, will have to leave early, so the meeting will end at 11:45 ET, she said.
Maloney said that she did not have additional details about the meeting, except that it is urgent
Yellow Snow
Member
Speaking of taxes, today there's some good news from the IRS (definitely not words I'm used to saying):
"IRS said that health plans that otherwise qualify as HDHPs will not lose that status merely because they cover the cost of testing for or treatment of COVID-19 before plan deductibles have been met. The IRS also noted that, as in the past, any vaccination costs continue to count as preventive care and can be paid for by an HDHP"
www.irs.gov
"IRS said that health plans that otherwise qualify as HDHPs will not lose that status merely because they cover the cost of testing for or treatment of COVID-19 before plan deductibles have been met. The IRS also noted that, as in the past, any vaccination costs continue to count as preventive care and can be paid for by an HDHP"
IRS: High-deductible health plans can cover coronavirus costs | Internal Revenue Service
IR-2020-54, March 11, 2020 — The Internal Revenue Service today advised that high-deductible health plans (HDHPs) can pay for 2019 Novel Coronavirus (COVID-19)-related testing and treatment, without jeopardizing their status.
WHO has designated the Coronavirus as a pandemic.
They don't need internet at home, works off mobile data too
smast16
Member
And this is sad. I'm not going to debate which side is right or wrong here, but you can see this all over the news, Social Media, and this forum. The fighting and bickering on both sides looking to score political points during an epidemic / Pandemic is pathetic. Like really, this is a national emergency and we need to be all hands on deck, and these jokers up in Washington or the news channels are just bickering along party lines, just for the ------- sake of bickering. And both sides are doing it. ANYONE who is choosing to bicker and squabble about politics during this situation should be ashamed of themselves. WE AS AMERICANS need to band together and tackle like we know we can. Save the politics and fighting for the AAR when you can take all the time in the world to get on your soap box and proclaim who was right / better.
/end rant.
NCSNOW
Member
US Insurance companies to wave co -pays for coronovirus test
NoSnowATL
Member
Yea we have Chrome books here as well. Online school would be easy for Georgia. Heck they even have teaching jobs just for online classes here.
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NoSnowATL
Member
Speaking of taxes, today there's some good news from the IRS (definitely not words I'm used to saying):
"IRS said that health plans that otherwise qualify as HDHPs will not lose that status merely because they cover the cost of testing for or treatment of COVID-19 before plan deductibles have been met. The IRS also noted that, as in the past, any vaccination costs continue to count as preventive care and can be paid for by an HDHP"
IRS: High-deductible health plans can cover coronavirus costs | Internal Revenue Service
IR-2020-54, March 11, 2020 — The Internal Revenue Service today advised that high-deductible health plans (HDHPs) can pay for 2019 Novel Coronavirus (COVID-19)-related testing and treatment, without jeopardizing their status.
IRS needs to disappear. I hate them!
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Yellow Snow
Member
But if you have a soap box, you might as well use it to wash your hands!
Windergawx
Member
Congressional doctor predicts 75-150 million U.S. coronavirus cases
was on natural news weeks ago, goes to show that ppl should look behind all doors and look for all facts, then make a reasonable assumption.
it's really laughable that ppl just assume some sources are always 100% wrong. Just like the ones saying this is nothing, ppl need to always hegde your bets.
was on natural news weeks ago, goes to show that ppl should look behind all doors and look for all facts, then make a reasonable assumption.
it's really laughable that ppl just assume some sources are always 100% wrong. Just like the ones saying this is nothing, ppl need to always hegde your bets.
Windergawx
Member
Heard some reports that we are about 2 weeks away from full hospital at current rate, does anyone here work in that field ?
Yellow Snow
Member
UVA has cancelled all on-campus classes and is encouraging students on Spring Break "to return home or to remain home if they are already there"
www.nbc29.com
UVA not holding classes on Grounds for ‘foreseeable future’ due to coronavirus concerns
UVA will be moving classes online, and will not be holding classes on UVA Grounds for the foreseeable future, quite possibly through the end of the semester.
www.nbc29.com
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Deleted member 527
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Bingo
snowlover91
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campamy
Member
Amen for Google classroom and Chromebooks. They are such game-changers. My oldest already commented that if school was closed it would suck but all her work was on Google Classroom. The schools here start using it from 6th grade up now. I just don't know who will explain AP Math to her though!
Yellow Snow
Member
Sounds like they're trying to protect the classified sources/methods - probably including HUMINT - that the US uses for intelligence gathering in China (since obviously we can't rely on Beijing for accurate info).
Rosie
Member
No surprise there.
packfan98
Moderator
Which AP Math? I may be able to help or provide resources, especially for AP Calculus. Just send me a dm.
That for colleges and universities. I doubt that for local public school systems.
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