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Reply to "America is in an economic tailspin. Why does life feel so normal?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What amazes me, is that it seems as if even the people who you would think would be deeply affected don't seem to be. My daughter has a good friend whose father owns a restaurant franchise (mom doesn't work). The restaurant was closed for months, and is now open at reduced capacity. Yet the family has taken two vacations this year, one to Hawaii and they are currently in Mexico. Who knows, maybe they have family money, but it seems like I see a lot of these cases, where people work in industries that have been affected, but they don't seem to be suffering personally.[/quote] They might have considerable savings. [b]They might be staying with friends or family so they don’t have hotel and meal costs.[/b] They might have a great deal especially if they have industry contacts from providing catering. They might be home swapping. A friend has done this for years. She even went to 5 countries in North Africa and the Middle East in a single year that way. [/quote] I know for a fact that they are staying in resorts. Yes, the other points could be true. But the point is, I just don't know ANYONE who has been obviously affected, even those who seem as if they should be. [/quote] Don’t use one family as a measure. We know plenty deeply affected and PPP loans utilized exactly as intended and which won’t last forever. Lives and health do depend on jobs and the economy. People act they are separate. [/quote]
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