This week on GoodFellows, we tackle a very complex geopolitical topic: Russia and the effects the COVID-19 crisis has had on that country’s economy, internal politics, international relations and aspirations, and ability to influence other countries and regions. To help us, we are fortunate to have one of the world’s foremost experts on the subject, someone who has years of direct experience in dealing with Russia and with Vladimir Putin himself: Hoover fellow (and soon to be director of the Hoover Institution) Condoleezza Rice, the former secretary of state and national security director under George W. Bush.
Thanks to strict COVID-19 state lockdowns, the American economy has plummeted faster than it did during the Great Depression. According to federal statistics, gross domestic product fell 5.0 percent in the first quarter of 2020 after bouncing between plus 2.0 to 4.0 percent during the three years prior. After hitting all-time lows from 2017 to 2019, unemployment has skyrocketed to more than 13 percent, putting more than 15 million Americans out of work.
Hoover Institution fellow Victor Davis Hanson discusses statue-toppling; the self-cannibalizing appetite of cultural revolutions; Juneteenth; President Trump’s new immigration order; chaos; John Bolton’s book; favorable winds that Donald Trump needs to harness to prevail in November; an attack of his criticism of retired generals; and how in the era of pandemics and riots, the city mouse is envious of his country cousin.
The coronavirus has affected various aspects of life in the United States and employment-related issues are one of them. In May, the unemployment numbers neared the rate of unemployment during the Great Depression, according to CNBC. More dreadful is the fact that some coronavirus job losses could be permanent.
American technology companies are unsurprisingly among the biggest critics of President Trump's decision on Monday to freeze new work visas, including those used by many tech workers and their families, through the end of the year.
To waste your life chasing dopey delusions is bad enough. To sacrifice innocent lives without remorse as you pursue those fantasies is downright criminal. It defines you as an imbecile and a homicidal maniac.