A rational examination of the issue is in The Washington Examiner.
When we emerge from our homes, what will we find? Small businesses, which employ 47.5% of our nation’s workers, have been hit particularly hard. Many restaurants and shops, with razor-thin margins, will find a stack of bills and empty cash drawers. Some may never reopen.
Larger industries, from manufacturing to distribution, will also find a brand new world, with lower demand due to falling consumer confidence and inventories with no place to go. In the oil and gas industry, workers are weathering two storms as Russia’s dispute with Saudi Arabia pushes prices to painful lows. Layoffs had already begun before the virus really hit.
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