I asked a small business owner how things were going in lockdown. He’s furloughed his 3 employees, and is now running his workshop alone. “This is what I want to do in the future”, he said. “I don’t want the hassle of employing anyone, I won’t be taking any of them back when this is all over”. He could well change his mind when and if the work starts coming in again. But I wonder how many employees in the wider economy won’t be reemployed, by choice or necessity ‘when this is all over’. That could be the real legacy of the virus.
“Donald Trump is winning. Business, beware”
There’s a perception that whatever might be the consequences for the rest of the world, Trump as President should be good for business. Surely, as a business man himself, he’d be the friend of Corporate America, and everything, money-making-wise, went pretty well last time around didn’t it?
