jobless claims are well over 10million at this point
Yes, 2 Million dead. Gone. That 10 million unemployed is a PROTECTION against inflation/devaluing the dollar. Those 10 million people can fill jobs when we need capacity, and they also protect employees from demanding wage increase - there are 10 million people looking to replace them if they demand too much.I think he means 2 million. Die. I could be wrong.
In other words, what if we did nothing, didn't have those 10 million people waiting for jobs, and all the jobs were still full (we were at record low unemployment rates) - and 2 million people died (leaving almost 2 million jobs to fill with NO ONE to fill them). Wages would skyrocket, inflation would take off, and production would plummet.
Basically, this is a disaster inspired cause to put the brakes on the economy. Either send people home and protect your pool of unemployed workers (unemployed workers, again, drive a lot more of the economy than we tend to talk about) or send them to work and wait for it all to blow up. Unemployment is a necessity in capitalism and having available workers can have its benefits.