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Belle of the Ranch

Let's talk about saving the economy by staycationing....

Belle of the Ranch

Belle of the Ranch

Society & Culture

4.91K Ratings

🗓️ 23 March 2020

⏱️ 7 minutes

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Transcript

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0:00.0

Well, howdy there internet people, Litzboo again.

0:03.0

So today we're going to talk about the economy because the pundits have seen their stock market portfolios and they are just out in full force pushing the idea that none of this is necessary, that it's

0:18.8

more detrimental to the economy than it is good for people. It's not true. I've said a couple of times that I don't

0:26.7

care about the economy in regards to some of the measures that are being taken.

0:33.2

The reason is taking these measures is good for the economy over the long haul.

0:40.7

The reality is this, if we only enact a half measures, if we only do this in a half-hearted manner,

0:51.0

it's going to be half-effective, which means not effective at all.

0:55.8

It's not going to do any good, which is going to prolong the economic slowdown.

1:01.0

So... economic slowdown.

1:04.1

So let's run through a scenario.

1:06.8

Right now, everybody's aware of the problem.

1:11.5

And people are being told to kind of hang out at home.

1:15.0

Stay patient.

1:17.0

If tomorrow the president comes out and says,

1:20.0

hey, never mind, go on about your business.

1:24.5

And I head out to Disney World, and there is,

1:31.5

there's a whole bunch of people that catch it there.

1:34.0

What happens?

1:36.0

Everybody goes back to staying at home.

1:39.0

And then the next time those in authority say that everything's clear it's all good

1:46.1

go on out and resume your lives nobody believes it so they stay home again.

1:58.0

So what you will end up doing is lengthening the period of economic slowdown.

...

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