by Karl Denninger
Market-Ticker.org
To all the grocers and all other “essential” firms: You either force the lockdowns to end today or you’re going to lose your companies. All of you.
How many of you pay a minimum wage of $15/hour? How many of you would survive if that was forced upon you?
It’s going to happen immediately following this episode unless you, today, force the end of the lockdowns.
Why?
Because the Democrats, in concert with the President and Republicans, passed a $600 “bonus” unemployment per week for those laid off. This is $30,000 a year plus the original unemployment check from the states.