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So is this it? Is this the beginning of the long-expected crash of the industrial world? Don’t think for one minute that I am cheering it on, I fear it as much as anyone. But what we are seeing today (Monday, March 16) is far more than a perfect storm.
- The coronavirus threat is grinding the economic life of the country to a halt. At a time when nearly half the population is living paycheck-to-paycheck, the places where they get their paychecks are closing until further notice. The half of the population that depends on schools to feed and house their children so they can work have just been told the schools are closed until further notice. As have the parents of many — the number increases daily — of the 30 million children who rely on the schools for two meals a day.