re: #70 lawhawk
NJ: 37 new deaths & 3,347 new cases in past day; death toll now 198; 16,636 cases statewide
NYC: 1st minor dies from coronavirus in NYC, death toll climbs to 790, citywide cases now 36,221
And Macy’s is furloughing 130,000 workers.
If you thought last week’s unemployment stats were crapulent, you aint seen nothing yet.
All of this could have been mitigated/minimized with Trump following the very protocols his predecessor put together and that the public health experts demanded.
He ignored them and instead took the advice of know nothings like Jared and a law professor who has zero experience in public health or medicine.
furlough - another word for layoff which is another word for fired
we’re looking at unemployment worse than the depression.
figure 30-50% of all open to the street businesses (ie retail, food, etc) not reopening.
rental real estate ownership is gonna be a bear.
there’s not gonna be new businesses needing all that retail space.
many malls never even recovered from ‘09. they’re gonna be wastelands.
there will be no market to sell to
or any need to build another new one
maybe turn into affordable housing of some kind.