Mass Airline Layoffs in Swing States
Please consider Mass Airline Layoffs in Swing States Would Further Imperil Trump by Bloomberg writer Joshua Green.
If the government’s payroll support program for airlines is allowed to expire as scheduled on Wednesday, the airlines say they’ll cut tens of thousands of jobs—many concentrated in battleground states including North Carolina, Florida, Arizona, Pennsylvania, and Texas.
For months, airlines and workers’ unions have been imploring Congress and the president to extend that payroll aid, without any success. Over the summer, airlines including American, United, Spirit, and Delta filed notices under the Worker Adjustment and Retraining Notification (WARN) Act that they are planning to lay off tens of thousands of workers beginning Oct. 1. Together, those airlines operate hubs in Phoenix, Philadelphia, Charlotte, Miami, and Houston.
American’s plan to cut 19,000 jobs will hit Arizona, North Carolina, and Pennsylvania. Spirit will cut about 1,000 jobs in Florida. United expects to furlough around 12,000 workers, even after reaching an agreement with its pilots’ union on Monday to avoid almost 4,000 job cuts. In addition, WARN filings show that there will be thousands more layoffs in these states from smaller airlines, concessionaires, airport restaurants, and other ancillary services.
Puzzled?
Trump claims people were making more being unemployed with $600 a week Covid checks than they made being employed.
Trump is correct in his claim, but it will cost him dearly at the polls.
Out of the multi-trillion stimulus deal passed in the Spring, airlines only got $25 billion.
Mass layoffs start tomorrow.
Green is puzzled why Trump did not agree to do more.
The most likely answer is House Speaker Nancy Pelosi demanded more. Trump won’t ever be seen openly supporting the demands or proposed deals of Democrats.
Stubbornness
In the debates Tuesday evening, Trump repeated his stance that mail-in voting is crooked and that he would not pledge to honor the results of the election.
That stance has his core voters cheering, but Trump does not need votes from his rabid fans. He desperately needs votes of independents and women.
Not being willing to accept a peaceful transfer of power following an election is guaranteed to cost him votes.
For a discussion of the debate, please see Presidential Debate Synopsis: Pitiful and Painful to Watch
What About Trade Deals, NATO, Deficits?
Trump changes his mind on trade deals, budget deficits, NATO, China, troop removal, etc., so often that it is hard to take anything he says seriously.
Yet, here he is, sticking to his guns.
Narcissistic Necessity
Some might suggest Trump understands he might lose and is falling back on his only chance of success, a court decision.
I dispute that notion. Trump is the biggest narcissist in history. He would never admit he could lose in a fair election.
Out of narcissistic necessity Trump has convinced himself the election is crooked, that he can do no wrong, that the silent majority loves him, and the polls are all wrong.
Pissing in the Wind
Trump stands pissing into a strong wind, denying that he is getting wet.
He is delusional.
Mish
Why are airline jobs any more important than other jobs? We already have a system of benefits for those who lose their jobs, either temporarily or permanently. Why isn’t it appropriate to let the system work as intended?
I suspect Trump would score 95+% on the psychopath test. http://www.minddisorders.com/Flu-Inv/Hare-Psychopathy-Checklist.html
“Green is puzzled why Trump did not agree to do more.
The most likely answer is House Speaker Nancy Pelosi demanded more.”
Pelosi wanted 3 trillion, to bail out the corrupt blue state governments.
So… kill the hostages?
Look at the bright side,after 8 years of Obama and 4 years of Trump,the country is in such sorry ass shape,can it get any worse?
Yes, it can get much, much worse. Yes, it can. Trump has succeeded in undermining confidence in elections, in the FBI, in the CIA, in the non-partisan civil service, in the office of the Attorney General, in the Post Office, in science, in expertise in general. He has cozied up to dictators and damaged relationships with long time allies. Yes, that is just a start. It can get much, much worse.
Yes, here are ways to make it worse: Implement socialism, green new deal, and defund police departments.
Just wait until they drop the dollar as the world’s reserve currency…
That one is way overblown…..by people who want to sell you something . We aren’t nearly as close to that as Peter Schiff and Jim Rickards would have you think it is…… and if it does come in time, most of the world will be in the same hand basket we’re in.
There is no good alternative to the USD, and even US equity markets look good to foreigners when their currencies are dropping faster than ours is.
Lights on? Food in the fridge? Toilet flushes?
Don’t take those for granted.
He is delusional? No, his opponents are delusional. They think he can be defeated but they don’t realize the appeal of white supremacy to America’s white voters. They will ALWAYS vote to maintain white supremacy. This is the foundation of this country: racism, genocide, slavery! Trump 2020.
Thought I read this morning that Trump is going to use some of the stimulus money to give the airlines more loans so no layoffs until after election. Money can buy an election.
What do you think those stimulus checks were about?
As long as stock markets remain high, Trump will have a statistical advantage.
The average American does not see much daily benefit in a market that has been propped up by the Federal Reserve.
10% of the population owns 80% of stocks. Bottom 50% basically 0
Interesting that the government is loaning them so much money under these circumstances
It’s called “de-facto nationalization”.
28,000 serfs to be banished from the Magic Kingdom
My PPP Loan just ran out. I nursed it all summer…..but the bailout effect is going away….and it will matter..
I disagree, this is going to hurt Biden, Trump wants to reopen the economy, Biden wants to shut it down.
Hey, did you know if our dummy in chief got behind masks, fewer shutdowns would be required.
And did you know that in the trade-off between bars/restaurants and school openings, bars/restaurants are prioritized above schools–that’s why there is no coordinated school opening plan and why the rates of illness in schools are being suppressed by the WH?
The problem is that you have a guy who, in talking his book, says it’ll just go away, it’s just sniffles, etc., etc.,
And the suckers and losers believe him.
The incumbent always owns the economy, for better or worse. In general, incumbents are not even responsible for a good economy when it happens, but they always take credit.
When the economy tanks on their watch, they get blamed. I don’t think Trump’s move to re-open will change that. It’s just human nature.
Sweden didn’t close, and ended up with a slightly lower deaths per capita than the US. HOWEVER: Swedes wore masks, social distanced, and didn’t have huge demonstrations and campaign rallies. They didn’t behave like petulant children, and were able to keep things open as a result.
Americans are the short bus kids that have to be restrained from licking the windows.
Nothing has ended up…or ended at all.
In my county, for people in my age group (60-64) there has been, since we began tracking……nearly a 5% death rate. The death rate has come down a lot over time, but there are always people in the hospital on ventilators struggling to stay alive.
I firmly believe proper masking and social distancing work….and I carry hand sanitizer everywhere I go. I am very high risk to catch COVID, since I see 20 or more patients a day, and live in a room that gets filled with aerosols on a regular basis.
The reason I know masks work is because I haven’t gotten sick. Not only is that true for COVID, it has been true for me regarding colds, flu, and the other typical airborne and droplet borne diseases…..for more than 30 years. I keep seeing people quote these wound infection studies to say masks don’t work. That data happens to be completely irrelevant..
New infection rates are low here now…..but not THAT low…..and I hope they stay low. But they got better because the July spike scared people into better behavior. COVID is a highly contagious disease that preferentially kills people my age and older. I like breathing a lot, so I take it seriously.
I favor masking and good public health measures rather than shutting down commerce, but bars are a big problem and so is choir practice, etc.
As are people that refuse to wear masks. It only takes a few.
What country. For the record
Travis County Texas, USA.
We know what Biden and the Democrats will do ….he will have a national mask program and a forced vaccination program and he will shut down the US economy close the schools etc…….more people will be in distress and job loses will increase. Joe Biden and the Democrats will not be good for the US economy.
Mass lay-offs have to hurt Trump. The only question is the timing. It’s getting awfully close to election time and most minds are made up at this point. The lay-off would matter more if there were another month or two for the hurt to set in.
Trump is claiming the voting is rigged because he’s given up on trying to convince voters and has moved onto his final strategy, invalidating as many votes against him as possible until he’s declared the winner. His goal is additionally to convince the public a winner in the election is unknowable and to acquiese to a court solution or a sstate legislature driven one.
And then he has these Proud Boys (gotta laugh at the name) who ignore Trump has called for lots of gun control who are waiting for their orders…
Trump has not really been very strong on gun control. He’s spoken out far more as being in support of guns. Ironically Trump is against soup cans and tuna cans claiming ANTIFA is using them as weapons.
I guess the constitution protects the right to bear arms but not soup or tuna?
The constitution does not protect rioting.
I’ll asterisk next time to indicate sarcasm
It can certainly appear that way and it doesn’t look good! Weird thing is, when Trump comes out and says seemingly off-the-wall stuff, like “Crooked Hilary”, there is unfortunately a great deal of truth to it.
Nobody wants questionable election results. Voter ID would be a first step in eliminating uncertainty, but the Democrats have always fought this.
So, here we are…
I’d be fine with voter ID if done right, however the data is very clear. We don’t have a systemic problem with voter fraud in this country. Now if the gov’t wanted to do voter id combined with a real outreach to ensure that everyone who needs id can get one sure, but otherwise its code for voter suppression.
“I’d be fine with voter ID if done right, however the data is very clear. We don’t have a systemic problem with voter fraud in this country.”
This is 2020 and the Democrats are desperate to get rid of Trump. They are willing to resort to anything.
Delusional.
Check.
As are the people listening to him and hearing exactly what they want to hear. The comments on your debate thread clearly show that.
But we live in a. time of mass delusion……driven by social media. Trumpites aren’t the only delusional people. They just happen to be a little more wildly delusional that some others. But delusions abound on the left too.
At this point nothing hurts Trump any further. I think he’s simply too damaged especially after last night’s debate. If you support Trump its strictly because you either hate Democrats or are dreaming of ending Roe v Wade and immigration
Hate democrats? No, hate socialism and don’t believe the lie that “America is systemically racist and its institutions must be torn down and rebuilt”.
You can make a valid argument Trump isn’t the wall keeping socialism out of the United States as many of his policies during COVID have been socialist in nature.
Hmmmm… can you define socialism? I just wonder what you think that term means.
Trump is a pro confidence man. There will always be rubes that get taken and go all in for a confidence man, whether that is stocks, Glengarry Glenross lots or a political candidate.