Nicky Grover

The United States economy has a history of facing spikes in unemployment and joblessness. Starting in 1857 and then recurring roughly every decade until the Great Depression. Like clockwork, the U.S. economy tanked on cue. The nation faced “Panics” of varying severity in 1857,1873, 1893, 1907, 1914, 1919 and 1921. Now as legislators and health professions deal with yet another “Panic,” it’s reasonable to look for lessons from the past of how the economy can weather the pandemic storm.