For all you who are trying to make sense of this and are being bullied by the “big boys” who know everything, you have a right to be worried.
This is a historic world issue never seen since the world wars. It is not like 9/11 or any other downturn. No where in history has politicians and a few disease experts had this kind of control and are hell bent on stopping the unstoppable.
The cry is often, “see what China did!” The rest of the world isn’t governed nor culturally like Chine and their solutions will not have the same economic results here in the USA.
The airlines will need cash as will all the business shut down over the next two to three weeks and the US Government can’t promise protection and pay for everyone. It doesn’t collect enough taxes to pay for the current programs.
Yes expect to have layoffs, furloughs, salary reductions and more. Also expect you Union representatives to do their best on your behalf, but there are limits to what will be available.
Air travel will return and people will live through this, but it will be a challenge.
Stop listening to those “big boys” and live.