If we are headed toward 40-50 million unemployed, tens of millions of whom will lose their health insurance, most of whom have few or no savings, we are about to have a social crisis the likes of which none of us have ever seen. Without a rent holiday, we will need tent cities.
Without massive debt forgiveness, we shall see a generation crushed beneath a burden accumulated in this year alone. Without a change in our health care system, we will see many die needlessly--either from this disease or want of health care.
This catastrophe is just starting. By summer, it could make the Great Depression (when the unemployment rate was much lower) look modest by comparison. This is not about "opening up" our economy, we can't safely do that. This is about coming to grips with our broken social con
You can follow @djrothkopf.
Tip: mention @threader_app on a Twitter thread with the keyword “compile” to get a link to it.
Enjoy Threader? Sign up.
Since you’re here...
... we’re asking visitors like you to make a contribution to support this independent project. In these uncertain times, access to information is vital. Threader gets 1,000,000+ visits a month and our iOS Twitter client was featured as an App of the Day by Apple. Your financial support will help two developers to keep working on this app. Everyone’s contribution, big or small, is so valuable. Support Threader by becoming premium or by donating on PayPal. Thank you.