Monday, April 27, 2020

America's Elusive Recovery

COVID-19 may never be cured. A vaccine may never be developed. Even if treatments emerge for Coronavirus, we have already sustained such consequential economic damage that a depression is inevitable. If America elects Democrats on top of this to control the US Senate and replace President Trump, there will be no rebound in the economy for a generation. Even if the President is reelected and Republicans hold the Senate and retake the US House, we may well face misery on the scale of the Great Depression. President Trump gives us a better chance, even if it remains a slim chance, to avert the worst economy since the 1930s.

No comments: