Questionable protection for the vulnerable, unquestioned economic devastation
As a small business owner, I urge you to end the quarantine. We have time if you act now and prioritize the country’s economic pandemic. At the start, you heeded your public health experts and approved their recommended multi-week quarantine. Bring the economy back reopen America’s small businesses, and put our workers back to work.
It’s clear the U.S. economy is falling into a recession and it may experience an historical depression with a recovery that could take years.
The numbers are astonishing. In just two weeks, California has recorded 2.7 million unemployment claims. National jobless claims have reached17 million. Economists say that as many as 47 million Americans could lose their jobs as a result of the viral pandemic.
Keep in mind that The Federal Reserve reported last year that four out of ten Americans don’t have enough cash on hand to cover a $400 emergency.