In just about EVERY poll out there between Joe Biden and Donald Trump Biden leads on everything EXCEPT the economy.... While the Trade War is out there, unemployment numbers and claims are thru the roof, small businesses are suffering and state are beginning to0 shut down … [Read more...] about Joe Biden’s one weakness…The Economy…Open Thread for July 14, 2020
The economy
Small Business owners run out of time…..
American BIGGEST amount of business IS Small Business... NOT the big companies.... Small businesses don't get headlines.... They can't stay closed for extended periods of time... They don't have big bank lines of credit... With no customers? They just disappear … [Read more...] about Small Business owners run out of time…..
1.3 million people applied for new jobless benefits last week …
The weekly numbers have dropped since April... But MILES above the numbers before the virus lockdowns and restrictions began... And? Some increases are creeping back with some states may be in for additional lockdowns in the future along with state and local government … [Read more...] about 1.3 million people applied for new jobless benefits last week …
4.8M jobs added to economy in June…Jobless rate drops to still not so good 11.1%….
A little bit of alright news.... But some state's are closing some social things back down.... And? Local and State Government's are working own budgets for next year that will have cuts and maybe furloughs and lay-offs.... This is NOT gonna be a 'V' shaped … [Read more...] about 4.8M jobs added to economy in June…Jobless rate drops to still not so good 11.1%….
Yes…Donald Trump IS. losing some who help put him in office …
The NY Times sits down with people who voted for Trump last time ,.. We get a snapshot of them and why some of them have changed their minds... For some, the disenchantment started almost as soon as Donald J. Trump took office. For others, his handling of the coronavirus and … [Read more...] about Yes…Donald Trump IS. losing some who help put him in office …
Unemployment claims are $1.4M for last week….
It has been 14 weeks since the claims have been over a million from the virus shutdowns and restriction's on America .... While NorthEastern states are sending people back to work? Southern and MidWest states are having increased virus infection rates and may have to … [Read more...] about Unemployment claims are $1.4M for last week….
Supreme’s back Trump’s ability to level tariff’s…..
They do so by NOT hearing challenges against the lower courts siding with a President's ability to level them if Congress does NOT close a loophole for President's to use to get around the law that President's must get Congressional approval...A Trump second term would surly mean … [Read more...] about Supreme’s back Trump’s ability to level tariff’s…..
Jobless benefits claims increase by 1.5 million last week…They are NOT falling….
Things are NOT getting better ..... People are not going back to work in record numbers.... And Congress and Trump are dancing around extending additional unemployment benefits past July 31.... Oh, and the states that did NOT botton down for the virus month ago? ARE … [Read more...] about Jobless benefits claims increase by 1.5 million last week…They are NOT falling….