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by footnipple
2226 days ago
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I believe that permanent job loss in the US is going to be catastrophic and these jobs will not be coming back anytime soon. I hope I'm wrong of course, but I don't think I am. My perspective is that of a business owner. Our business was very intertwined with trade shows, corporate events and various sectors of the entertainment business. And I'm just following the dots and the branches to the final results of what my company used to do and it's staggering. I'm looking at NYC, Chicago and Los Angeles through the lens of my business and without devolving into a political discussion...It's over...I throw my arms up. |
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I am hopeful that we will get some kind of new deal (hopefully green!) going on in order to help people, or maybe even something approximating universal basic income, but either way that money will have to come from somewhere. Currently it seems like the largest corporations could pay a lot more in taxes, but a lot of that money comes from online ads, which relies on online commerce, which relies on a big enough population with jobs to spend money.
So we'll see, I guess - going to be a rocky couple of years I think.