March 7, 2020. The incidence of Covid-19 infections keeps rising steadily. Today, it reached 377. The travel industry is being hit hard, especially cruise lines, but all major airlines are cutting back on flights. Major events involving large crowds are being cancelled globally, and small businesses in the U.S. are being affected by supply chain problems (especially where they obtain raw materials and products from China) and declining customers in their local markets. It is likely that layoffs in many industries are forthcoming (e.g., hotels, restaurants, theatres, airports, sporting events, clubs–any service businesses that rely on customers coming into their location).
Meanwhile, Trump and his aides (like Kellyanne Conway) keep reassuring the public that the situation is contained. Clearly, it is not.