Mr. Friscus
Governor
...as far as unemployment goes.
Roughly 6.6 million Americans applied for unemployment in the past week, according to data released by the Department of Labor on Thursday.
The new data is significantly higher than economists’ expectations, who predicted around 5 million lost jobs, according to the Wall Street Journal. For the past three weeks, more than 16 million people have filed for unemployment, largely due to coronavirus-related business closures.
Looks like our squeezing self-imposed sanctions might do more harm than good in the long run.
If employers can't pay rent, they can't pay debt interest to the banks, and then the banks can't pay their investors, and..
Collapse... Great Depression style.
Oh well, at least...
A. We felt good doing it
B. We saved 10,000 lives on the front end while inevitably causing 100 times more to be lost after the crash
C. Our governors got a lot of anti-Trump media face time and planted seeds for presidential runs in 20204.
Ah yes.. I feel better now.
I sure hope that doesn't happen.
Roughly 6.6 million Americans applied for unemployment in the past week, according to data released by the Department of Labor on Thursday.
The new data is significantly higher than economists’ expectations, who predicted around 5 million lost jobs, according to the Wall Street Journal. For the past three weeks, more than 16 million people have filed for unemployment, largely due to coronavirus-related business closures.
Looks like our squeezing self-imposed sanctions might do more harm than good in the long run.
If employers can't pay rent, they can't pay debt interest to the banks, and then the banks can't pay their investors, and..
Collapse... Great Depression style.
Oh well, at least...
A. We felt good doing it
B. We saved 10,000 lives on the front end while inevitably causing 100 times more to be lost after the crash
C. Our governors got a lot of anti-Trump media face time and planted seeds for presidential runs in 20204.
Ah yes.. I feel better now.
I sure hope that doesn't happen.