On Fox Business’s Stuart Varney program this morning there was a discussion about the economic impact of the shutdown on the economy. There was a general consensus that if the shutdown continues past May 1 the economy will be in a severe depression from which recovery will be very lengthy.
Padding the death count significantly will definitely raise the chorus of those who want to keep the economy shutdown indefinitely.
Oh yeah no doubt. I think President Trump has to start the economy this week or next. May 1st is too late.
If you think about the unemployment numbers. 17 million so far and it will rising.
The St Louis Fed is estimating 47 million by the end of June. https://www.forbes.com/sites/sarahhansen/2020/03/30/coronavirus-could-lead-to-47-million-lost-jobs-says-st-louis-fed/#6501e72066fa
We will be paying for this in various ways for decades to come.
I think President Trump is making a colossal mistake trusting the Swamp.
Padding the death count significantly will definitely raise the chorus of those who want to keep the economy shutdown indefinitely.
On Fox Businesss Stuart Varney program this morning there was a discussion about the economic impact of the shutdown on the economy. There was a general consensus that if the shutdown continues past May 1 the economy will be in a severe depression from which recovery will be very lengthy.