Democratic House Speaker Pelosi is holding out for more stimulus/virus money..... (Fed Chair Powell and a LOT of states and business are also looking for more money from the Treasury also) President Trump up to few days ago would NOT budge on a lower amount of … [Read more...] about Senate Republicans turn their back on Trump’s plea for a Virus deal….
Rich people in the top economy maybe making money on Donald Trump.... The bottom economy is sufferings and NOT getting better.... The number of Americans seeking unemployment benefits rose last week to 898,000, a historically high number and evidence that layoffs remain a … [Read more...] about 898,000 seek jobless aid last week….
Oh Snap! Is Donald Trump and the Republican's seeing the money people beginning to jump ship? Wall Street advisors are turning to Joe Biden.... Donald Trump's strength has been the economy... Has he lost THAT also?... What's left? President Donald … [Read more...] about Goldman Sachs and Moody’s turn away from Trump for a speeder economic recovery …
Ok.... But? It may take 2 years to get things back to the pre-virus employment last year.... This isn't a 'Great' economy... A turnaround could happen at any time, of course, particularly if there is a vaccine or other sharp improvement in public health. But for now, … [Read more...] about Employers added 661,000 jobs in Sept….
Donald Trump may be talking about a great economy by looking at Wall Street.... But? Virus fall out IS keeping people out of work.... A cascade of new layoffs announced this week is putting pressure on an already strained labor market, as numerous large companies have … [Read more...] about Jobless claims at 837,000 for last week of Sept. 2020….
The increase in people going on Medicaid is draining the budgets of several states.... Another problem apparently Donald Trump is ignoring that affects other Americans and hurting state 's...Like Nevada.... By the most recent count, the roster of Nevadans on Medicaid has … [Read more...] about Medicaid numbers increase due to job loses from virus….
He wants to cut payroll taxes now.... But Congress actually writes the tax code and with payroll taxes sending money to Social Security and Medicaid? Congress IS NOT gonna let the missed payments stay missed... They will have to be paid back... Some of it won't … [Read more...] about Trump payroll tax move could actually raise people’s taxes come next year….
And NO new taxes on small businesses.... Great Pledge campaign pledge! Of course we know Congress writes the tax laws.... But I like him saying he ain't gonna raise my taxes if he can help it.... Democratic presidential nominee Joe Biden said in an interview aired … [Read more...] about No new taxes on those making under $400,000 a year…Biden…