TODAY, a surprisingly high percentage of people have already had their unemployment claims approved, Denmark relaxes its lockdown measures amid plateueing COVID-19 case numbers, and we breakdown how the generous payouts are already influencing the labor force.
A "Good News, Bad News" format to today's episode. Let me know what you think about this format and any other views you want heard on the podcast by calling the Flip Phone at 323.999.1802.
Follow me on Twitter @georgi_boorman for unfiltered commentary from outside the echo chamber (and occasional cute pics of my kids) and the podcast @180cast.
#COVID-19, #coronavirus #economy #depression #supplychain #NICU #NewYork #NYC #flattenthecurve #Vermont #Walmart #essentialgoods #CARESAct #unemployment #unemploymentinsurance #payouts #SBA #smallbusiness #smallbusinessloans #peak #socialdistancing #dumbsocialdistancingrules #hospitals #fauci #ICU #hospitalizations #newcases #thecurve #familyseparation #illegalimmigration #blackmarket #illegalworkers
Sources/of interest:Politico on UI approval rate: https://www.politico.com/news/2020/04/09/guide-to-unemployment-checks-178193Politico on food waste/supply chain: https://www.politico.com/news/2020/04/05/food-waste-coronavirus-pandemic-164557Business Insider on Denmark: https://www.businessinsider.com/coronavirus-how-denmark-reached-stage-of-easing-lockdown-restrictions-2020-4Free Beacon on PPP vs. UI: https://freebeacon.com/coronavirus/gop-senators-were-blasted-for-saying-covid-bill-could-raise-unemployment-they-were-right/amp/?__twitter_impression=trueNYT on new hydroxychloroquine study: https://www.nytimes.com/reuters/2020/04/09/world/europe/09reuters-health-coronavirus-macron-doctor.htmlNICU restrictions: https://www.wbtv.com/2020/04/07/virginia-hospital-closes-childrens-nicu-visitors-including-parents-because-coronavirus-concerns/https://www.cnn.com/2020/04/07/tech/facetime-hospitals-coronavirus/index.html My latest piece - Destroying The Economy Will Create A Different Public Health Crisis: https://thefederalist.com/2020/04/06/destroying-the-economy-will-create-a-different-public-health-crisis/