April 6, 2020 Timothy Prickett Morgan
It has been a rough couple of weeks for absorbing exponential data. It is astounding has fast the Great Infection, my term for the combination of the coronavirus outbreak and the reprise of the Great Recession that it looks like it is causing, is upon us. Nearly 10 million people have lost their jobs in two weeks, and my guess is that will more than double again next week and keep building from there, perhaps quadruple until we go from 3.5 percent unemployment in the United States to maybe 15 percent or so.
The hope is that this is temporary, …Read more