04-18-2020, 05:57 AM
Tourism? I suspect that buggah is near dead. On life support, but OMG do we really think we can revive it?
According to local stats Hawaii's unemployment rate is 37% right now. Any bets it goes as high as 50%? With that in mind I think the first question is how many of those unemployed are going to move away? Tourism is gone. How many will leave with it?
I suspect a 20% drop in pay is going to be real, and will be followed by an equally large reduction in our property values... and then there will be serious county level layoffs..
According to local stats Hawaii's unemployment rate is 37% right now. Any bets it goes as high as 50%? With that in mind I think the first question is how many of those unemployed are going to move away? Tourism is gone. How many will leave with it?
I suspect a 20% drop in pay is going to be real, and will be followed by an equally large reduction in our property values... and then there will be serious county level layoffs..