One in five IT jobs have disappeared, and the sudden loss of office jobs is devastating the middle class.
[Update a couple minutes later]
Newspapers and Manhattan are screwed.
[Update a couple more minutes later]
AOC tells people to refuse to return to work.
Really? Is she going to pay their bills?
[Update a few minutes later]
Yes, the Democrats totally want a depression.
Four southern California counties are ignoring Sacramento, and starting to open up.
We drove up the coast from Newport Beach to Long Beach yesterday. In Huntington Beach, while there were signs saying no parking in the lots or along the Coast Highway, we saw people riding on the bike paths, and walking on the beach, many without masks, and seemingly unhindered.
Bob Zimmerman catalogs it.
Some things will recover quickly, but we won’t have a robust recovery until people have sufficient confidence that they can go back to sporting events or movie theaters or restaurants at normal capacity, which will probably require a vaccine (even if it’s a placebo). And now, despite all the money being pumped into the economy, the Fed has to worry seriously about deflation.
We’re driving down to Tustin today for a meeting, so I checked out Sigalert. The entire area is green, averaging 65 or 70. They don’t even bother to do traffic on the morning news.
..Hello…what?
We certainly aren’t well served by the current college-admissions process, but there is also too much pressure to get a subpar (at best) education for the actual purpose of getting a credential.
This is a nice story amidst the other news: Returning one of the last B-17s to flight.
Because bashing the lock-down protesters is a great way to get more Trump.
Over a 50% unemployment rate?
What a disaster.
[Update a few minutes later]
Well, this news about Hokkaido’s second wave isn’t great.
[Update Saturday morning]
California’s “Reopening Task Force” is the usual leftist hacks, who don’t want a pandemic to go to waste. It would be a joke if not for how disastrous this will be.
No, it’s not going to be easy. Some things will be changed permanently.
[Update at noon]
Six things we’ve learned so far. The sixth is probably the most important. People are going to try to take advantage of this to do what they’ve always wanted to do.