New York Mayor de Blasio has been blunt in his push to reopen his city or get a big government bailout check.... If no one wants to help? De Blasio wants to borrow to 7 Billion dollars to keep things running without drastic cuts in services...The city could be forced to … [Read more...] about The Big Apple could go broke form the Virus economic hurt….
the Economy
America is going to shit right now…..
A virus.... A Economy in a hole.... 40 Million people jobless.... Rioting and Looting in a city in Minnesota and starting to spread in other places.... A President that is fighting with the media and egging on the racial divide.... Media people getting looked up … [Read more...] about America is going to shit right now…..
41 million have lost jobs since virus hit…Jobless application’s slow to 2.1 million last week…
While more people are going back to work everyday? More are also being laid off.... The extra $600 a week in unemployment benefits will run out in July if Congress does not extend it...So far Republicans do NOT want an another few months of it... THAT will be felt in the … [Read more...] about 41 million have lost jobs since virus hit…Jobless application’s slow to 2.1 million last week…
Joe Biden begins putting a possible admin together ….
Concern that a Biden admin would have several balls up in the air to balance after following a Donald Trump operation? Joe Biden has begun to slowly and quietly line up those who might want to help him handle a virus crisis, economic crisis , trade problems, foreign affairs … [Read more...] about Joe Biden begins putting a possible admin together ….
Update on Remdesivir the first virus treatment drug coming out….The fight for profit vs cost vs access…
The government helped the development of this drug that the Gilead Co. will manufacture , which cuts down the time one suffers from the caroinavirus... The Drug is due out to doctors in hospitals in a few weeks... The price for treatment is a question mark.... The drug … [Read more...] about Update on Remdesivir the first virus treatment drug coming out….The fight for profit vs cost vs access…
Pushback against Jason Furman’s Trump Great economy comeback view…
Jonathan Bernstein in Bloomberg pushes back against the Politico piece yesterday that advances the view that fast economic comeback is in store and would hurt Joe Biden's chance to cancel Donald Trump's government employment.... Bernstein says that Democrats shouldn't spend … [Read more...] about Pushback against Jason Furman’s Trump Great economy comeback view…
Joe Biden looks like a winner in November….Stuart Rothenberg
Add Rothenberg to the growing list of us pundits that see Donald J. Trump as a one term President.... More than two months ago, even before COVID-19 became all-consuming in our lives, I wrote a column arguing that the presidential race had changed from a toss-up/tilting … [Read more...] about Joe Biden looks like a winner in November….Stuart Rothenberg
Joe Biden wins the endorsement of the AFL-CIO….
As expected... The large Labor union joins almost all of the others in supporting the Democratic Presidential nominee.... The union's hope that they can get their rank and file members to vote Democratic instead of supporting Donald Trump, whose strength IS blue collar , no … [Read more...] about Joe Biden wins the endorsement of the AFL-CIO….