04-22-2020, 08:36 PM
(04-22-2020, 05:18 AM)JustAnotherFan Wrote: There are so many Americans who have gotten no benefit from the government. Money for small businesses got gobbled up by big business. They lost their jobs. They were gig workers or 1099 or under the table anyway, so even if the small businesses got support they still lost out. They fell through the cracks on the $1200 crumbs. They may get that some day. They have no insurance and did not before this. The only thing they've gotten from the government is false assurances that they'll be okay. I don't see anything Congress and the White House does doing anything meaningful for those who are hanging on by a thread. DC will continue to concern itself with the welfare of those who need it the least.
Don't forget the slowdown in an initial unemployment claims office accustomed to dealing with 1/30th the volume. And tomorrow should announce another 4.5 million initial unemployment claims. We're now at 26.5 million, folks. Close to 20% unemployment. Depths of The Great Depression we were at 24.9%. That's the wort we got, and it took three years to get there. We'll be there in less than a month.
Audaces fortuna iuvat
