Bill O’Reilly’s No Spin News and Analysis - O'Reilly Update Morning Edition, May 6, 2020
Episode Date: May 6, 2020How the coronavirus will lead to economic innovation... Learn more about your ad choices. Visit megaphone.fm/adchoices...
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Bill O'Reilly here, and I'm warming up. Stand by for the O'Reilly Update Morning Edition,
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please go to truthfinder.com forward slash bill right now to start searching. That's truthfinder.com
forward slash bill. On this Wednesday morning, I am thinking about how the pandemic is going to change
things in America. In 1970, there was a book called Future Shock that sold six million copies
by basically saying that innovation would change the world and America. Well, today, there is a new
future shock. And most people don't know anything about it. This contagion, this COVID,
going to change all of our lives. Here's the biggest example. Pandemic layoffs are going to
amount to about 40 million Americans losing their jobs. And the layoffs give companies a chance
to clean house. Any employee deemed unnecessary or annoying is in the kill zone. By midsummer,
the unemployment rate could be 20%. And remember, in February, it was 3.5% a record low.
Now, companies understand that laying off older workers can get you sued, women can get you
sued for misbehavior, minorities get you in federal court. But now, if those companies,
corporations want to get rid of people they don't like in the high sue zones, they can do it
under the pandemic layoffs. So the employment picture will be drastically altered. In addition,
the entertainment industry completely falling apart. Restaurants, they'll be hit for years to come.
And your privacy is going to be invaded on many, many fronts. All of this future shock
because of the pandemic. Now this. Protect yourself.
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That is the morning O'Reilly update.
More analysis later on.