I was scrolling through the news and suddenly read that the number (claims) of jobless people in US had crossed 1.1 million, and in my personal opinion this is bad news for the US economy which is already struggling to bounce back from Covid19 effects.
Furthermore the Democrats have continued to blame Trump for the economic mess that US is currently facing, but the voters yet believe in his ability to stabilise the economy.
What do youll think is it right to say that the US V shaped economy wont recover this year, or its only matter of few months before it recovers?.
While polls suggest that voter approval of his handling of the economy remains relatively strong, Democrats are blaming him for the crisis.
Source:
https://www.bbc.com/news/business-53852315?intlink_from_url=https://www.bbc.com/news/topics/c1038wnxypvt/us-economy&link_location=live-reporting-storyThe situation is even worse in many other countries and US is standing at a better place. At least US government has something called "unemployment benefit" which is non-existent in majority of the other countries in the world. So US people will not have to go bankrupt even if they are unemployed while people from the other part of the world, will sleep hungry if they are unemployed!
COVID has hit the civilization hard and helped us to realize our limits and the nature is healing itself while we humans are stuck at home! But the current scenario is not going to stay forever. The businesses are slowly opening and market demand is slowly increasing. Sooner or later, businesses will have to hire people to run their operations properly and employment situation will slowly come back to normal. It will definitely not happen overnight for sure, but eventually it will happen!
Democrats can blame Trump for everything but I don't think even democrats could help if they face any such situation. The situation is too big for any leader to handle and Trump is no exception.