The U.S. unemployment rate jumped to 14.7 percent in April (which is 20.5 million people), the highest level since the Great Depression, as many businesses shut down or severely curtailed operations to limit the spread of the deadly coronavirus, reports the Washington Post, citing the data from the Department of Labor.  Some analysts warn that it could take years to return to the 3.5-percent unemployment rate the nation recorded in February.  Economists compare the effects of COVID-19 on the economy to the 2008 financial crisis and the Great Depression of the 1930s, even though some argue that it won't be as damaging and long-lasting.  President Trump remains optimistic and confident — and he should — that the recovery will be quick and effective. As the numerous states started to reopen in late April–early May, the left is not happy.  The reaction in elite media...(Read Full Article)