https://www.cnn.com/2020/03/18/politics/contingency-planning-18-months-coronavirus/index.html
I know the government likes to plan for worst case scenario but it will be horrendous if it is even close to lasting that long. Both the actual deaths and the long term economic impact.
I think the whole crisis is going to provoke another Depression.
The job losses in March and April will be horrendous.
I wonder if we will lose over a million jobs in March. Possibly a lot more.
Mnuchin said worst case scenario, the U3 could be 20%.
Here is the plan:
https://int.nyt.com/data/documenthelper/6819-covid-19-response-plan/d367f758bec47cad361f/optimized/full.pdf#page=1
It’s misleading to call it the Trump administration plan: while it was put together by government officials Trump would never do anything even halfway coherent.