Gov. Cuomo says US economy won't bounce back on its own post-pandemic because 'too many' small businesses have closed and corporations won't rehire laid-off workers https://www.businessinsider.com/cuo...atically-companies-wont-rehire-workers-2020-5 New York Gov. Andrew Cuomo said the US economy won't recover on its own because "too many small businesses have closed" and corporations won't rehire as many workers as they laid off. "They had fewer workers and used more technology and they're going to decide: 'Well, we don't need as many workers,'" he said during a press conference Sunday. Cuomo said the government will need to play a role in stimulating a post-pandemic economy by working with the private sector and investing in infrastructure projects, education, and telemedicine. During the week ending May 16, 2.4 million Americans filed for unemployment, bringing the 9-week total to nearly 39 million, as the coronavirus continues to devastate the US economy. New York Gov. Andrew Cuomo said the US economy won't bounce back to pre-pandemic levels on its own because corporations won't rehire workers they laid off and small businesses have been hit hard. "I don't believe this economy just bounces back," Cuomo said. "Too many small businesses have closed, you'll see many of these corporations are going to use this as an opportunity to lay off workers." Cuomo predicted that companies won't rehire all of the employees they fire or furlough as a result of the coronavirus. "Many businesses will have gone through this period where workers were at home. They had fewer workers and used more technology and they're going to decide: 'Well, we don't need as many workers,'" he said. (More at above url)
forget tech, there's few ways a company can keep their share price afloat, and those ways are cut in half if they're not moving product/services.
Seriously, why are we relying on Cuomo's opinion? Do you seek out the biggest shitheads to follow or what?
This is stupid because Corona virus would never last on someone if they swam in those NY waters....beats any vaccine... you might catch other things but no more Corona..
Patriots carrying out their patriotic duties. Right-wing militia spokeswoman defends lynching of Kentucky governor in effigy: Protesting ‘is not the answer any longer’ A group of right-wing protesters held a demonstration in front of the house of Kentucky Gov. Andy Beshear’s mansion this Sunday, at one point hanging an effigy of the governor on a tree in what looked to be a mock lynching. According to CNN, the protest was advertised on Facebook as a Patriot Day Rally to exercise Second Amendment rights. The backlash against the group’s actions was swift, with even Mitch McConnell slamming the move as “unacceptable.”
I guess people should vote Trump out of office who pushed for this lockdown then and punish him if they were not really hypocrites
Many of us are not happy with Trump. Biden vs Trump... absolute turd piece of garbage vs a douche who should have been leading rather than tweeting. I can't believe how badly Trump has performed during this crisis. The election was handed to him all he had to do was be a statesmen, test and share the data. Bunker Joe has shown himself to be a clown with brain issues. Yet Trump could not do it. The dems are running two very compromised candidates against one of the weakest candidates in history.. its almost like the haters want Trump to win... to keep the ratings up and the vitriol coming.