Forum Discussion
mjbenedict
Apr 27, 2020Explorer
cptqueeg wrote:mjbenedict wrote:
Those who say it's better to err on the side of caution to save lives most likely have never owned a business. All the current data points to this "pandemic" being less deadly than the common flu. What is unknown is what is driving this shutdown. While I'm all for doing social distancing I don't believe the governors should have the power to determine what private businesses should do.
Those who say to err on the side of re-opening most likely don't have 3-6 months savings put away to carry them through any sort of income disruption whether it's due to a recession, layoff, illness, injury or a pandemic. One's lack of preparedness should not be the guiding principle of this pandemic.
I do have empathy for the hourly workers who's wages are woefully inadequate to build up such a reserve. It does seem that the most vocal group of people pushing to reopen are business owners. They seem willing to have their employees risk their health and well-being of themselves and their families for very, very little in return.
40% of my business was from restaurants and institutions. I want them to stay closed as long as necessary.
Most small business owners risked much in their life savings to start a business. It's ignorance to think that business owners are rich and don't have to worry about money. It's the exact opposite. I know, I got to pay into unemployment insurance personally for decades while owning a business. What's funny is, as a business owner, I don't get to collect unemployment, just pay into it like a regular employee. Luckily I built it with hard work and much risk to something I could sell and got out before this "crisis".
Please don't assume business owners don't care about employees when most take it personally that they can't keep work for their employees with families.
Last thing, business owners shouldn't sit on a bunch of cash reserve, that means they aren't investing on growing.
Those Yellowstone business owners could lose their life savings while people simply claim a little shutdown won't affect them.
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