Yellen has an extensive background in economic policy. She has been the chair of the Federal Reserve and the Council of Economic Advisers. She will be the first woman to be Treasury Secretary. She was approved by a vote of 26-0 in the Senate Finance Committee. Biden … [Read more...] about US Senate confirms Janet Yellen to be Biden Treasury Sec….
Thus showing that the Biden admin is going to have deal with a China trying to unseat America as the top ec0nomic power... This while Donald Trump has been absent in the world that keeps moving... virus problems or not.... China and the EU are racing to strike a trade … [Read more...] about The European Union is working to sign a big trade deal with China….
While the bean counters said the last quarter's economy showed some improvement? Increased virus infections are driving states to order more restrictions on American's that will result in some economy down falling thru the end of year.... President Trump isn't interested in … [Read more...] about Biden & Co. begin working now to help the economy NOT fall off a cliff …
The experts see this as more of a refection of how bad things where since the virus hit.... The America economy is still in bad shape.... The same experts seem things beginning to slip backwards as Congress stops 'priming the pump' with more stimulus and jobless … [Read more...] about US Economy headed back up for the 3rd Qtr…..But?
Donald Trump's Trade War and other efforts against China seems to be a BIG failure.... America now has two economies with the top making money for the rich and some companies and bottom economy with record joblessness.... America also is walking into the fall and winter … [Read more...] about China’s economy climbs while America’s is looking for life support….
The ONLY place Donald Trump has been cosistanly ahed of Joe Biden in the polls has been on the economy... THAT has been up to now.... Nationwide polling has Biden closing in Trump on how who people think would give them a better economy ... Trump's leads in several of … [Read more...] about Biden is closing in on Trump’s economy polling advantage….
The number of jobless people applying for the money is going up .... More people are going to lose their jobs as some states reclose and local and state governments deal with holes in their 2021 budgets... Congress was talking about ending extra benefits , but THAT has been … [Read more...] about Almost 32 Million Americans are getting unemployment benefits…Open Thread for 7/23/2020
Maybe? 1.9 million people filed for unemployment benefits last month bringing to total number to over 40 million since the virus restrictions kicked in and closed the country's economy down... Experts thing there is 30 million people actually receiving the money from their … [Read more...] about Jobless claims slow for May…Economy Bottomed out?…Open Thread for June 4th, 2020