The impact of the coronavirus-induced economic shutdown tore through the U.S. labor market in April at historic levels, slashing 20.5 million workers from nonfarm payrolls and sending the unemployment rate skyrocketing to 14.7%, the Labor Department reported Friday.
I highly recommend readers take the time to read a book or two about the great depression, to learn how we got here, and what life was like. The coronavirus merely accelerated the popping of the underlying debt bubble. This will be forever know as the Lost 20’s. Things are going to get much, much worse before they get better. Hold on tight folks its going to be quite a ride!
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
I highly recommend readers take the time to read a book or two about the great depression, to learn how we got here, and what life was like. The coronavirus merely accelerated the popping of the underlying debt bubble. This will be forever know as the Lost 20’s. Things are going to get much, much worse before they get better. Hold on tight folks its going to be quite a ride!
Is this a surprise?