Two competing narratives: furloughs will be temporary, or layoffs will be permanent. Labor market data hints layoffs to be temporary, but still lots of uncertainty. If demand is allowed to fall, more layoffs to become permanent.https://twitter.com/bob_tita/status/1259534514151460864 …
Permanent. I think we need time and government spending to get out, like building bridges etc (what’s that called? Fiscal stimulus?)
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No arguments here. Schedule infrastructure week for the next two years.
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Would’ve been nice if Nyc/ny us taken this chance to fix their roads and subways....
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