3.28M Unemployment Claims all because of a faulty model

For a couple weeks now, Jesse Kelly has been raising the alarm about the catastrophic fallout from the US shutting down its economy over the Wuhan virus.  His Twitter timeline has been a non-stop stream of warnings over the sheer number of unemployment claims we were about to have.

And it turns out, Jesse was right.

Today we learned that 3.28 million unemployment claims were made last week.  That is the single highest number of weekly unemployment claims ever.

And it turns out this self-inflicted economic damage that ushered in this record number of unemployment claims is all based on a completely bogus “model” of just how bad the Wuhan virus was going to be.

This should infuriate you.

We’re killing our own economy, driving millions out of work and are about to spend two trillion dollars trying to restart what we ground to a halt — all over a faulty doomsday model.

The collateral damage of this blunder we are only now beginning to see.

And it will get worse the longer this goes on.

Those 3.28 million unemployment claims are just from last week.  We’ll get another round just as bad this week.  And the week after that.  And the week after that – for as long as this economy is shut down.

You don’t help improve the health and safety of the people by driving them out of their jobs and grounding our economy into the dust.

It isn’t as if you can simply PAUSE our economy for weeks then press PLAY and expect everything to instantly go back where it was before this started.  It doesn’t work that way.  Businesses still have expenses even during a shutdown.  And eventually, with no new revenue coming in, they’re going to run out of capital to meet those expenses.

In other words, a lot of these businesses who are shuttered now won’t be coming back. And the people who worked there will be screwed.

Last week’s unemployment claims are just the beginning of this nightmare.

Take a look at Jesse Kelly’s Twitter timeline.  Yesterday he asked folks to share their stories and he then retweeted them to his followers. Yes, it makes for grim reading, but these stories need to be seen.

We need to understand just how catastrophic this is because the news media isn’t going to tell us. They’ll be far too busy trying to hang these unemployment claims around President Trump’s neck to give a shit about real lives being destroyed.

Americans aren’t losing their jobs and their businesses because of a normal economic downturn.  State and local governments are forcing them to close their doors because of a faulty models of supposed impending mass death.

3.28M Unemployment Claims all because of a faulty model

This idea that the only option we have to stop the spread of this virus is to completely shut down our economy is absurd.  It’s always been absurd.

And the fools who screech “You want to kill old people just to pad your 401Ks!!!!” are not serious people.  Sadly for Americans, most of those people work in the news media.

3.28M Unemployment Claims

Listen, it is absolutely within our abilities to lock down hot spots like New York City, quarantine and protect the vulnerable, maintain social distancing and hygiene while still opening our economy back up.  It is not, nor has it ever been an “either/or” scenario.

Fact is, if we don’t get our economy moving again, we risk harming all the Americans whose lives are currently not at risk from the Wuhan virus.  All because some idiot in the UK got everyone panicking into thinking the virus would kill two million Americans.

We have to get our economy moving again.  We have to while businesses still have the capital necessary to salvage themselves.

If we continue to see unemployment claims as horrifying as last week, we will drive this country into a Depression.

And driving us into a Depression in order to stop a virus is a cure that is far, far worse than the disease.

Because this disease isn’t as bad as they predicted.

It’s going to get worse you guys.  If we do not let businesses reopen and let Americans get back to work, it is going to get much, much worse.

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9 thoughts on “3.28M Unemployment Claims all because of a faulty model

  • March 26, 2020 at 2:59 pm
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    It’s funny to me that the people who want so desperately want to save Grandma don’t give a rat’s ass about saving unborn babies!

    • March 26, 2020 at 3:27 pm
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      To be fair, they really don’t give a rat’s ass about grandma either.

  • March 26, 2020 at 8:06 pm
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    My opinion: Fear does more damage than the actual cause. Go back to normal, if you get the virus and you don’t survive it, then I guess it was your time to meet your maker. I have no money to pay bills, very little food left and I am personally thankful for President Trump pushing the stimulus to help me. Dianny, if the scheduled payment to support this site bounces, I’m sorry, I’ll make it up to you.

    • March 26, 2020 at 8:23 pm
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      You can always cancel the monthly donation any time. Take care of you and yours first.

  • March 27, 2020 at 8:30 am
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    It was always about first the globalists testing their doomsday scenario response (panic; which leads to the sheep accepting their globalist false-shepherd’s control), and; second turning on the spending spigots to fund the failing Democratically-controlled urban socialist plantations. NYC has a long history of being bailed out by the rest of the country (check out it’s massive bailout in 1974 after Cloward-Piven collapsed the welfare system, by design, telling EVERYONE to apply for benefits). So NYC was just another “too big to fail” pig at the trough, like AMTRACK; LOCKHEED; THE BANKS; and the STOCK MARKET. This is what you get for voting for globalist-socialist in Democrat clothes and Republican clothes.

  • March 27, 2020 at 9:30 am
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    Depression …. by design
    Because the Hillary victory didn’t happen
    Because ‘THE RUSSIANS’ didn’t work
    Because the impeachment didn’t work

    • March 27, 2020 at 9:39 pm
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      RIGHT!

  • March 27, 2020 at 10:43 am
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    All too often a politician takes a position not because of sound logic but to ensure that this individual is ahead of any potential disaster whether there will be one or not. In this case both Cuomo and Trump jumped to the conclusion that the only way to keep people safe was to shut down as much personal interaction as possible. Granted, we did not have a lot of data regarding US cases other than a few isolated instances with very high fatality rates (see the Nursing home outside of Seattle). However, the statistics from over seas told a very different story.

    What is unfortunate is that both Cuomo and Trump could have taken the data from other nations and interpreted it in a way that could have created a more flexible method of saving lives without the penalty of killing the economy and then launching the whale of a ‘Stimulus Package’ that we are seeing.

    I have been saying all along that the reaction has been over the top and that we need to let the healthy part of our nation experience the virus while we protect the weak and vulnerable. While I am pleased to see the leaders of our nation start to see the light, I am sickened by the damage that panic and hysteria has done.

    Ultimately Cuomo and Trump were more concerned about saving their political skin than they were doing the statistically best thing. Life is unfortunately not fair. Those of us who suffer disabilities and chronic disease know this all too well. Sadly, an epidemic follows the same rules and will take the lives of those who cannot withstand its illness. You cannot change that short of living in a sterilized bubble and that is not an option. Better to square yourself up every day and take the best shot you have towards getting to tomorrow than to cower in a corner and hope you do not die.

  • March 27, 2020 at 12:12 pm
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    There is always free cheese at the mousetrap. The first one there doesn’t get to enjoy it. But, the second one does. Wait… Wait for it…

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