The failure of lots of small businesses is a likely outcome of this disaster. The economy is not going to come right back. China has re-opened businesses and people are avoiding many of them. Until a vaccine or some viable anti-virals are out here this will go on as long as the virus is killing people. Trump and his crowd don't care.
We are in a recession make no mistake. 20% unemployment does not jump back into work overnight. As you say it will take time. Trump could care less because he is only interested in getting re-elected so he will spin and spin and spin no matter the news and his followers will go along with him.
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The failure of lots of small businesses is a likely outcome of this disaster. The economy is not going to come right back. China has re-opened businesses and people are avoiding many of them. Until a vaccine or some viable anti-virals are out here this will go on as long as the virus is killing people. Trump and his crowd don't care.
We are in a recession make no mistake. 20% unemployment does not jump back into work overnight. As you say it will take time. Trump could care less because he is only interested in getting re-elected so he will spin and spin and spin no matter the news and his followers will go along with him.
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