Meanwhile, rich people are getting even more stingy . . .
Wealthy Americans stopped spending, hampering US economic recovery from coronavirus
Meanwhile, here's a nice theory:
Wealthy Americans stopped spending, hampering US economic recovery from coronavirus
Meanwhile, here's a nice theory:
Mid-America Regional Council predicts KC economy could regain a third of lost jobs by end of 2020
KANSAS CITY, Mo. - About a third of the 123,000 jobs lost in the Kansas City, Missouri, area due to COVID-19 pandemic could return by the end of 2020, according to predictions from the Mid-America Regional Council (MARC). Frank Lenk, the director of MARC's research services department, said the region is already seeing signs of a short term economic rebound.
ReplyDeleteNot just the COVID 19 job loss it's the riots too. Don't forget the riots. That probably did more harm than the virus.
a long slog back.
ReplyDeleteone would have to guess that some job slots will now be seen as non-essential and therefore be cut.
january 2020 might be the oeak for a long time.
MARC has never been for the better good of the public and the area, just the better good of MARC!
ReplyDeleteFive years for recovery was the early consensus among non-agenda-driven predictions. Hope it's not too optimistic.
ReplyDeleteAnother Trump failure.
ReplyDeleteWhat happened to the still promoted V-shaped recovery?
If Trump attacked this like South Korea did, our economy would have never needed to shut down in the first place.