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Re: Long term political and economic impacts of the pandemic

Posted by Joe V on Sun Apr 5 13:49:48 2020, in response to Long term political and economic impacts of the pandemic, posted by Easy on Sun Apr 5 13:27:15 2020.

Outsourcing tens of millions of jobs to Asia has been going on since the 1980's. Corporate greed will simply resume where it left off. They see share price and stock options quarter to quarter, nothing more.

Permanent impacts will be more more tele-conferences and more telecommuting. If it worked for a few months, then the corporate bean counters will question why they are paying rent for so many empty cubicles when the firm can function without their occupancy. T&E travel will come up increased scrutiny for budgetary reasons. There is technology for meetings. Amtrak Acela will take a permanent hit.

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