Thursday, April 23, 2020

How Bad IS It? Horrible.

This will be an economic apocalypse if left un-checked.

...The insured unemployment rate, which compares those current receiving benefits to the size of the labor force, rose to 11% — a jump of 2.8% from the previous week. That translates to “a barely believable” 23% when the Labor Department releases its unemployment rate calculation in two weeks, according to Paul Ashworth, chief U.S. economist at Capital Economics. The previous high for the U.S. was 24.9% during the Great Depression....
But Tony Evers, who has not missed a paycheck in his entire career, thinks that he should grind the Wisconsin economy into the dust through Memorial Day.

RALLY FOR YOUR LIVES IN MADISON FRIDAY APRIL 24, 1:00 CAPITOL SQUARE

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