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.
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.
Lileks watched it.
They’ve completed their reorganization to ramp up launch activity. But I thought they were going to be restored to their own office reporting to the SecDOT? Is that not happening?
Want to make money? Brush up on it, or learn it.
Will it still be able to charge a premium for its vaunted “spaceflight expertise”?
Boeing had been riding on its laurels for too long a time. As I noted in the book, companies don’t have experience; people do. With Gerst gone, there’s a new sheriff in town at NASA.
The burden of proof should be on those who want to reimpose them.
This is a nice story amidst the other news: Returning one of the last B-17s to flight.