COVID Economy

[pacearrow02]

Lol. Got it

Illegal is in the eye of the beholder. Good to know for future law discussion.

And in your view what law would be broken by these landlords?

[warriorchick]

Lol. Got it

Illegal is in the eye of the beholder. Good to know for future law discussion.

Defying a Supreme Court ruling sounds illegal to me. What's the punishment for that?

[The Hippie Satan of Hyperbole]

Yeah, the SC was pretty clear on it.  The administration is just wasting everyone's time with this.

[jesmu84]

Defying a Supreme Court ruling sounds illegal to me. What's the punishment for that?

Good question.

The only article I could find (that I could actually read/understand) is this: https://newrepublic.com/article/148108/president-defies-supreme-court

Interesting discussion, for sure.

[Frenns Liquor Depot]

Defying a Supreme Court ruling sounds illegal to me. What's the punishment for that?

Correct me if I am wrong but the Supreme Court ruling left the cdc restrictions in place by a narrow margin.  BK I believe wrote that he isn’t sure it is legal but since it is expiring on X date they should remain. 

Essentially saying a challenge if reinstated will be likely struck down. 

So while it’s pretty clear what everyone will do, nothing is in place to ‘defy’

[forgetful]

To do this without also giving help to landlords, especially smaller operators, is bad form IMHO.

They also have bills to pay, families to provide for, kids to put through college, aging parents to care for, etc.

But there is a silver lining to this. Small operators, and small investors will go bankrupt, have to sell the properties. They can then be scooped up by Wall Street investors, who will outbid single families who want to own their own home with cash offers. That way Wall Street will now control the single-family home rental market.

That will assuredly lead to lower rents, and better treatment of renters across the board...right?

[Hards Alumni]

But there is a silver lining to this. Small operators, and small investors will go bankrupt, have to sell the properties. They can then be scooped up by Wall Street investors, who will outbid single families who want to own their own home with cash offers. That way Wall Street will now control the single-family home rental market.

That will assuredly lead to lower rents, and better treatment of renters across the board...right?

Look at what has happened in Toronto for a glimpse into the future of the housing/renter market.

[jesmu84]

Look at what has happened in Toronto for a glimpse into the future of the housing/renter market.

Ya. Foreign and corporate investors pricing just about everyone out of market.

The financialization/commodification of human needs (shelter, healthcare, etc) in areas of inelastic demand is ruining our country

[Skatastrophy]

Ya. Foreign and corporate investors pricing just about everyone out of market.

The financialization/commodification of human needs (shelter, healthcare, etc) in areas of inelastic demand is ruining our country

No I'm pretty sure the thing ruining our economy is giving desperately poor people $3k a year, lol

[jesmu84]

Student loan payments suspended through 1/31/22

[MU82]

From Yahoo Finance:

In the view of at least one major employer, however, this present labor market imbalance may not be so far off from working itself out. Speaking with Yahoo Finance Live on Monday, Panera Brands CEO Niren Chaudhary said current pressures in the labor market are clear, but could be resolved by year-end. 

"I'm actually thinking this is actually a short-term friction between demand and supply," Chaudhary said, "and hopefully things should settle down over the next few months." Panera Brands — which houses Panera Bread, Caribou Coffee, and Einstein Bros. Bagels — employs over 110,000 people across 10 countries.

Chaudhary added that the company has hired some 10,000 workers in the last two months, and expanded not only wages but benefits. Meanwhile, the company has created clearer advancement opportunities to hire and retain talent. Moves that are becoming table stakes in this unprecedented scramble for workers.

[Sir Lawrence]

My firm of about 200 employees issued a vaccination mandate today.  Get the vax or get the axe by November 1.  We are currently at about 75%.  I fear we will lose some quality employees.  Medical excuse accepted if from a MD that one is currently treating with.  No nurse practitioner or chiropractic issued exceptions allowed. 

[Jockey]

My firm of about 200 employees issued a vaccination mandate today.  Get the vax or get the axe by November 1.  We are currently at about 75%.  I fear we will lose some quality employees.  Medical excuse accepted if from a MD that one is currently treating with.  No nurse practitioner or chiropractic issued exceptions allowed.

Bravo to your company.

[rocky_warrior]

My firm of about 200 employees issued a vaccination mandate today.  Get the vax or get the axe by November 1.  We are currently at about 75%.  I fear we will lose some quality employees.  Medical excuse accepted if from a MD that one is currently treating with.  No nurse practitioner or chiropractic issued exceptions allowed.

Yup.  I got some anti-vax flack for this in the "ability to attend games" thread, but basically within a few months if you want to work, you will have to be vaccinated.

None of this will be required, several companies are now requiring the vaccine for employment.  No religious exemptions.  Within a few months, this will be far more widespread.

i.e. - a passport will not be needed.  All Americans that work will be vaccinated.  Encourage your "vax hesitant" friends to get it now before they die, and in a few months everyone will have it regardless.

On the "lose quality employees" fear, I've actually seen only the problem employees actually protest.  Good riddance to them.  Lots of vax hesitant coming around (some opting for the ease of J&J), including minorities once they find out 90% of their coworkers have already gotten the jab.

[MU82]

Yup.  I got some anti-vax flack for this in the "ability to attend games" thread, but basically within a few months if you want to work, you will have to be vaccinated.

On the "lose quality employees" fear, I've actually seen only the problem employees actually protest.  Good riddance to them.  Lots of vax hesitant coming around (some opting for the ease of J&J), including minorities once they find out 90% of their coworkers have already gotten the jab.

Agree with everything here, rocky.

Companies should want team-first employees who wouldn't intentionally risk the health of their co-workers and/or customers, anyway.

[jesmu84]

If/when the airlines/mass transit starts requiring vax, that'll be the whole she-bang

[Sir Lawrence]

But it’s complicated.  One employee has one kidney.  No physician will give this person an exemption, but the fear of a complication from a vaccine, while perhaps unfounded, is very real. This is a decision that messes with financial well being for good employees.  I voted yes, but am worried about replacing really quality people.

[rocky_warrior]

But it’s complicated.

It's really not.  Either you have a medical exemption, or you should be doing it for those few that can't because of a medical exemption.

Yes, there are emotions involved, but as you state, the "fear" is unfounded, and we need to help those with fear to get through this - or else they won't have a job - anywhere.

[CountryRoads]

My firm of about 200 employees issued a vaccination mandate today.  Get the vax or get the axe by November 1.  We are currently at about 75%.  I fear we will lose some quality employees.  Medical excuse accepted if from a MD that one is currently treating with.  No nurse practitioner or chiropractic issued exceptions allowed.

Not sure what type of work you do, but that’s a ridiculous policy if a good percentage of employees were able to work from home during the pandemic and they implemented the vaccine mandate along with a return to office plan. Corporate cringe. It’s a different story if one’s career required them to be present (medical field, etc).

[MU82]

But it’s complicated.  One employee has one kidney.  No physician will give this person an exemption, but the fear of a complication from a vaccine, while perhaps unfounded, is very real. This is a decision that messes with financial well being for good employees.  I voted yes, but am worried about replacing really quality people.

What about the fear of a deadly, highly contagious virus that preys upon immunity-compromised people?

[rocky_warrior]

Not sure what type of work you do, but that’s a ridiculous policy if a good percentage of employees were able to work from home during the pandemic and they implemented the vaccine mandate along with a return to office plan. Corporate cringe.

Why exactly should remote employees be exempt from ANY corporate policy?

[naginiF]

Why exactly should remote employees be exempt from ANY corporate policy?

HR Rep1 - Sir, not only do you have pornography on your laptop but your random drug test came back positive for heroin and cocaine. Any one of these is grounds for immediate dismissal.

Employee - (leans back, puts feet on table) I work remotely.

HR Rep 2 - Dammit Bob, I told you to check that! Sorry for wasting your time sir.

[The Hippie Satan of Hyperbole]

But it’s complicated.  One employee has one kidney.  No physician will give this person an exemption, but the fear of a complication from a vaccine, while perhaps unfounded, is very real. This is a decision that messes with financial well being for good employees.  I voted yes, but am worried about replacing really quality people.

Sorry but fear that is "unfounded" isn't really a good excuse.

[Frenns Liquor Depot]

HR Rep1 - Sir, not only do you have pornography on your laptop but your random drug test came back positive for heroin and cocaine. Any one of these is grounds for immediate dismissal.

Employee - (leans back, puts feet on table) I work remotely.

HR Rep 2 - Dammit Bob, I told you to check that! Sorry for wasting your time sir.

So we’ve reached the point where people want to lock themselves away from their co-workers in fear of a vaccine?

This has been a fascinating year+

[jficke13]

So we’ve reached the point where people want to lock themselves away from their co-workers in fear of a vaccine?

This has been a fascinating year+

If only they would lock themselves away for fear of the vaccine. That would be a step in the right direction.