Not only did they minimize it, they expected to profit from it.
Nearly 10 million Americans have filed unemployment claims, which is more jobs lost than the entire Great Recession.
In January, 10 days after the first US coronavirus case was recorded, Ross made a case that the virus, which at that time was mostly hurting China, would ultimately be a good thing for the American job market.
“I don’t want to talk about a victory lap over a very unfortunate, very malignant disease,” Ross began. “But the fact is, it does give business yet another thing to consider when they go through their review of their supply chain. It’s another risk factor that people need to take into account. So I think it will help to accelerate the return of jobs to North America.”
In January, 10 days after the first US coronavirus case was recorded, Ross made a case that the virus, which at that time was mostly hurting China, would ultimately be a good thing for the American job market.
“I don’t want to talk about a victory lap over a very unfortunate, very malignant disease,” Ross began. “But the fact is, it does give business yet another thing to consider when they go through their review of their supply chain. It’s another risk factor that people need to take into account. So I think it will help to accelerate the return of jobs to North America.”
