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> Also we know how to deal with 20% unemployment We absolutely do not. Many states have been backloged with unemployment requests[0]. Tens of thousands of peop
by djsumdog 6y ago
> Also we know how to deal with 20% unemployment
We absolutely do not. Many states have been backloged with unemployment requests[0]. Tens of thousands of people are going back to work now, but were unable to get unemployment for 3~4 months. I've read about people spending 5~8 hours on the phone, told to fill out some other forms, and still get a letter saying they're entitled to $0, while others get more money than they got while full-time employed. Those that are going back to work, may never have the time to fight with the state to get the money they were entitled to.
At least in America, we've completely and totally failed at dealing with unemployment.
[0]: https://chicago.cbslocal.com/2020/05/04/gov-pritzker-says-theres-no-unemploymentbacklog-but-source-says-more-than-12000-illinoisans-still-waiting-to-be-processed/ https://chicago.cbslocal.com/2020/05/04/gov-pritzker-says-th...
- runarberg 6y agoWell, the knowledge exists. 20% unemployment was seen widely internationally after the 2008 financial collapse. The results were devastating, don’t get me wrong, but some of the effected areas were able to recover fairly quickly. So we do know how to deal with 20% unemployment, but—sadly—we might not be willing to for some reason.