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The Shutdown Crash Arrives – WSJ

The Shutdown Crash Arrives – WSJ

Americans have been understandably centered on the human toll of Covid-19, however the harm from the nationwide financial shutdown that governments are imposing to fight the coronavirus will compound the agony. We don’t imply in inventory-market factors or income. We imply within the human value of misplaced jobs and paychecks, ruined companies, and the psychological toll on Americans who can least afford it.

If that sounds melodramatic, take a spin via Friday’s March jobs report from the Bureau of Labor Statistics. There’s no redeeming…

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