Archived New York Unemployment Site Goes Down After "Tens Of Thousands" Lose Their Jobs (zerohedge.com)
submitted ago by flyingcuttlefish
Posted by: flyingcuttlefish
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Archived on: 6/15/2020 10:00:00 AM
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Archived New York Unemployment Site Goes Down After "Tens Of Thousands" Lose Their Jobs (zerohedge.com)
submitted ago by flyingcuttlefish
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[–] CrustyBeaver52 ago
It's going to get worse before it gets any better.
Welfare is going to get it too from all of those who can't get unemployment, which will be many.
After that you get every other agency, from disability to social security, and everything in between. Case workers will seek out and find every nickle of available funding in the system to offload the clients. The creativity of this process will amaze many.
The system will bend under the stress, but it will not break completely, it has dealt with worse than this in the past. In the end the money will flow, and the economy can collapse only so far. You'll see. The welfare net prevents the great depression from returning. Starvation is averted. Society survives.
New York State's financial projections go right out the window with all this - the budget is blown to hell and gone at this point already. They'll have to start over again next year.