I'd also point out that planning for "high risk" events like this is not something small to medium size businesses should be doing. Government yes, but I don't expect my mexican restaurant to have a plan in case of a global pandemic :). Just like I don't expect them to hedge pork futures so my pork tamales don't go up 8 cents.
Gov is insurance and I want them to be building resilience into the system. That is done with proper unemployment systems that can help people get back to work, but also are ready to go in cases like this or recessions. The delay to pay people is crazy. The EU and Canadian unemployment systems are designed for this more than the American system and it is showing.
Gov is insurance and I want them to be building resilience into the system. That is done with proper unemployment systems that can help people get back to work, but also are ready to go in cases like this or recessions. The delay to pay people is crazy. The EU and Canadian unemployment systems are designed for this more than the American system and it is showing.