We’re in the tenth week of sheltering in place and the 41st day of home schooling for New York City schools.
The border between the U.S. and Canada will stay closed for one more month, Trudeau said Tuesday, as states begin to reopen and New York City targets early June to begin lifting lockdown. Official economic projects from the Congressional Budget Office are a little bit more optimistic than some others this week: The CBO expects a 38 percent decrease in GDP and a jobless rate of 15 percent thanks to the coronavirus crisis.
Some mortgage lenders have voluntarily started offering relief to COVID-stressed homeowners that parallels terms available for federally backed loans, even when the loans are private.
What are your thoughts, and how are you weathering the shutdown? What do you think should be done in Brooklyn to combat the spread of the virus and blunt the damage to local businesses and jobs? Please feel free to comment in a respectful manner (please, no personal attacks, nothing libelous). If you are not already logged in, go up to the top right hand side of the page and log in to be able to comment.