Meaninglessness

Fridayโ€™s Jobs Number Wonโ€™t Be Big News.

Kevin Drum continues to be a massive dipshit. Get a load of this.

Itโ€™s like passing Prohibition and then following up with a breathless headline about people buying less booze. I mean, if you literally order 30 million people to stop working, then of course the BLS is going to report that 30 million jobs have been โ€œlost.โ€ Itโ€™s completely meaningless.

Says the person with a job.

For the first time in history, a very large portion of a modern economy has just been halted. For months! And millions of people have been thrown out of work, many of whom will likely never hold a job again. Relations are being destroyed that will not be replaced; systems are breaking down, many of which likely will never function again, all due to this โ€œmeaninglessโ€ job destruction.

This mook really thinks massive job losses and the consequences of that shouldnโ€™t be news. Alrighty then.