3.25 MIL unemployment just realeased.- matched 1980 figures.
Next month, they are projecting 4+ MIL.
Untold business doors shuttered forever......and counting.
All any businessman, with half a brain, has to do, is look at those very same numbers from 1980, to see what the future holds as far as when jobs come back. History books when facts are true don't lie. Look at the decade of the 1980's to chart your course.
No financial modeling needed here, This game has already been played before, and everyone is in the stands ready to watch it again......jobless.
You can't bring millions back to work overnight when the economy has just absorbed this extensive amount of carnage.
It has been 40 years since we have taken a hit this bad. Many alive have no clue, because they aren't old enough or had to work through it.
Many people back then, with advanced degrees, had to swing a hammer to survive. This time around, many of those same people can hardly read a tape measure. They never developed the skills, young boys acquired, as they grew up, and it's about to show.
[bleep] off. This is America and we're still the strongest most determined group of people ever collected together. Do we have problems? Yeah, sure we do. Is the millennial generation a bunch of pussies? Yeah. But when the [bleep] hits the fan you still have a bunch of hard working, smart determined, independent people who will do what it takes to get the engine turning again. One thing to remember is were Americans, and we love to spend money. And spending money drives the economy.
