A testament to Ron DeSantis's correct path. DeSantis has gotten a bad rap in the media (of course) because of his actions on COVID, but this is something you'll never hear about. First one is actual UE rate. And before someone can go down the path of saying "that's because Florida was doing better before COVID" here is the change off the YAG UE rate for each state, in total points gained. And in increase by overall percent (Florida, for example is 146% higher than August 2019). I've said it before that the equation of locking down and saving lives isn't a one-variable equation. Lives has to be judged with economic loss (because economic loss impacts lives indirectly). This isn't to say lives are worthless and economics are all that matters. But if someone told you that you could save one person's life by locking down the whole country for 1 month, you'd probably say "tough break, dude. I wish you well." But if you were President (or governor) and knew you could save 1 million people by shutting down for two weeks, it would be a no-brainer. Inside of that equation (lives lost and economic impact) is a value that becomes incredibly subjective - my numbers might be different than yours. Probably are. But no one considered how many lives were ruined by economic despair and stagnation before they made the choice to lock down. And they should have. Fortunately for DeSantis, he considered this.
Ricter, discussions with you would be so much more fruitful and less a sparring match if you just said what you mean without me having to guess what you're on about in a particular post. Unless that obscurity is your intent, of course. Are you trying to say that the shortcomings of Capitalism are what drive economic despair or are you saying that if we weren't under a system of Capitalism then we'd have done better during lockdowns...or...? I mean what is it you are saying here?
Interesting. I don't know why that would be. First one, with Florida UE rate much lower than NY or CA in August (and the subsequent drop from prior months). Last one, percent gain from last year same time.
I just see left bracket IMG right bracket. I went through all my blockers but they are all disabled for ET. Don't worry about it there is probably an issue with my browser.
You can also run your own here: https://fred.stlouisfed.org/series/UNRATE#0 But the short of it is that in August, Unemployment rate is 7.4 in Florida and 12.5 in New York, and 11.4 in California. Florida is also up from last year's August (obviously) but considerably less than NY and CA are up. Better snapback in the economy because, duh, no lockdown lunacy.