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I have again and again over past 6 months argued that this is not a normal recession. Rather the shock is more similar to a natural disaster. Early on I compared it to 'Hurricane Katrina' in 2005. If we look at US initial jobless claims this is exactly what we now see.

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From NHC #Teddy  advisory this morning... For reference that's roughly twice as big as Katrina which was considered a large hurricane!!

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While most of the country has moved on, there are still thousands of people displaced by Hurricane Laura. parts of the state remain without power. from katrina to maria to laura, it's a familiar cycle we must break. that starts with climate change.

Mountain Dance & New York. I was there before the Twin Towers Fell, The Bombs began dropping In Iraq- and Hurricane Katrina, hit The Gulf Coast; so I'll be around when this current wave of madness ends. VIA *Jerichophenix *Cool *SmoothJAZZ *YouTube:

GEM is has served 22 different countries through natural disasters such as Hurricane Katrina and the Australia Fires. By @mwillgoos 

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My family and I are forever grateful to wood sculptor #marlinmiller . After Hurricane Katrina he turned dead trees into works of art including this one in honor of my beloved father, Colonel Lawrence E Roberts.🦅

How might the pandemic impact students' development? @TulaneNews  @douglasnharrissor '>Economics Profe @douglasnharrissor  is researching so-called "learning loss" following tragedies like Hurricane Katrina and speaks w @LyndaLopez08t  #880WeeklyRewind  . LISTEN:

How may students’ development be impacted by a lost year? @LyndaLopez08  will talk with @TulaneNews  Economics Profe@douglasnharrisssor  who is researching “learning loss” from past natural disasters such as Hurricane Katri#880WeeklyRewindna .

“After Beta, the next storms will be Gamma and Delta and Epsilon. This has only ever happened once before — during the record-shattering 2005 hurricane season that produced Hurricanes Katrina and Wilma...” Devastating.

TRACKING THE TROPICS: Subtropical Storm Alpha formed Friday far east in the Atlantic. The only time they have had to use the Greek alphabet before was in the deadly 2005 hurricane season, during which Hurricane Katrina devastated New Orleans.

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Right now Hurricane Laura is expected to hit the Texas-Louisiana Gulf Coast late tonight as a Category 4. Remember: It was exactly this week 15 years ago when Hurricane Katrina hit New Orleans as a Category 3.

Hurricane Katrina killed 1,833 people. September 11th killed 2,993 people. Hurricane Maria killed 4,645 people. Stop covering Roseanne & Samantha Bee. Start covering the biggest political disaster since 9/11.

Side by side satellite images compare the size of Hurricane Harvey to Hurricane Katrina in 2005.

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Last year, President Trump implied that Hurricane Maria was not "a real catastrophe, like Katrina." Today, new estimates reveal that over a thousand more people died in Puerto Rico than in Katrina.

Harvard report says 4645 people died in Puerto Rico as a result of Hurricane Maria. For perspective on this: 1833 deaths attributed to Hurricane Katrina 2411 total US combat deaths in Afghanistan 2977 deaths as a result of 9/11 attacks 4424 total US combat deaths in Iraq War

Michael Ertel, the newly appointed secretary of state of Gov. Ron DeSantis, has resigned after photos emerged of him posing as a Hurricane Katrina victim in blackface at a private Halloween party 14 years ago

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Hurricane Katrina killed 1,833 people. September 11th killed 2,977 people. Hurricane Maria killed 4,645 people. Don’t forget Puerto Rico. ??

Donald Trump says the now former EPA Chief was doing an “outstanding job.” Not since Bush complemented “Brownie” for his great job mismanaging Hurricane Katrina relief has a President been so oblivious to the malfeasance of his staff. Pruitt was a disaster from start to finish.

Commander of Hurricane Katrina response: “Puerto Rico is bigger than Katrina… It doesn’t look like we’ve learned anything. We are slow.”

We literally had to put this out as a fact check today. Was Barack Obama President During Hurricane Katrina?

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