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Old 04-23-2020, 11:37 AM   #298
SolidSnake84
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Join Date: Oct 2009
Location: Stephens City, VA
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Re: Coronavirus (political)

Quote:
Originally Posted by Giantone View Post
You make an assumption all numbers reported are true .Aid(supposedly) goes to where it is needed the most are you saying certain numbers in certain locations would not benefit with greater numbers?
Of course it would benefit those who needed it the most. I don't think either of us would argue that.

But i do argue that if you use unemployment numbers as a measure to gauge the health of the economy, as people generally do, then the USA is not doing well at all. On Monday i was shown a report that listed at that time, over 23 million people unemployed. That's 11.5 million people per month since March, when the lockdowns began. If we use those numbers, then by the summer we are looking at 70 million people, probably more, at the current rate that unemployment continues to grow. I don't know anyone who would say that 70 million people in the USA unemployed says that we are doing well.

If the shutdowns continue until the end of the year, or in multiple waves of shutdowns as some have called for, that's still on pace for 138 million people out of work. Now granted, that is much "better" than my original prediction of 300 million people out of work, but 138 million people out of work is still horrifying no matter what the reason is.
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