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Reply to "America is in an economic tailspin. Why does life feel so normal?"
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[quote=Anonymous][quote=Anonymous]Just because the current economic downturn isn't manifesting in the exact same way that it did during the Great Depression doesn't mean that things are normal.[/quote] +1 I was reading an article where some economists, including those who worked for big banks, etc., were saying that when the UI boost and eviction moratorium expire, the economy is going to hit a wall. We gave people money -- not a ton, but it helped -- and banned evictions, and so people are able to stay in their homes and buy food and pay at least most of their bills. When that support stops, and the economy is still struggling because there is a still a global pandemic, they are very worried that it's going to hit the fan. [/quote]
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