I'm not sure it's easy to think about an initial claims number as either good or bad, because we can't yet see whether this is an unusually deep downturn or an unusually rapid one. https://t.co/GjRU8exmqD
— Justin Wolfers (@JustinWolfers) April 2, 2020
Wolfers is a "team D" economist. Sure we just had the entire job loss of the Great Recession in 2 weeks, but maybe it'll just reverse itself quickly!
Economists not yet clear on the consequences of shutting down the entire fucking country.
We are so doomed.