Shutdowns Threaten Recession by Curbing Job Growth, Recovery

Michael Busler
4 min readDec 14, 2020

The cost of the cure can't be greater than the cost of the disease.

Recently released jobs numbers indicate the sharp V-shaped recovery which started in May has flattened significantly. While annualized growth in GDP hit an astounding 33% in the third quarter of this year, the recent wave of government forced shutdowns has resulted in slow job growth, which…

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Michael Busler

Dr. Busler is an economist and a public policy analyst. He is a Professor of Finance at Stockton University. His op-ed columns appear in Townhall, Newsmax.