Many U.S. airlines are overstaffed due to reduced flying schedules and low demand for air travel amid the coronavirus pandemic.
Other than the stock market and the occasional reemployment surge, it doesn’t feel like our economy is heading in the right direction. I’ve been through a recession or two, and this one seems as bad, if not worse than all of the other ones. Is it possible we’re looking at years, as opposed to months, to get this thing back on track? I don’t think the stock market and its swift recovery is telling the real story.
Peter Dunn: With so many elements of American life heading in the wrong direction, it’s challenging to know what is heading in the right direction.