Oh you're one of those.
Complaining he doesn't need the money as he pockets it.
I got some $1600 check deposited that I don't need. I'll donate it to a worthy cause.
Oh you're one of those.
Complaining he doesn't need the money as he pockets it.
“Darrin’s Keystone Light Fund” isn’t a worthy cause.
Biden sending shots.
600 - 1200 - 2000 "debate" is deflecting from the bull 300/week which where real help for unemployed Americans must be.
Last edited by boutons_deux; 01-11-2021 at 06:20 AM.
I thought Karrin was a high roller paying $10,000 a year in property taxes. Did he cheat on his income taxes to become eligible for those checks?
Lies all day long, gets worse after dark.
He'll say was joking, where's your sense of humor?
It's always Repugs taking those handouts...
Stunning Brick & Mortar Meltdown, Manhattan Style:
The Collapse of Retail Rents Before & Now During the Pandemic
Store rents had already plunged, amid a surge in vacancies.
Then in the spring, the market froze;
when it thawed, rents dropped to 10-year lows.
https://wolfstreet.com/2021/01/11/br...-the-pandemic/
Trump’s Last Full Jobs Report: Economy Loses 140,000 Jobs, First Decrease Since April
Nonfarm payrolls fell by 140,000 for the month
The unemployment rate rose mildly as a result, from 6.7 percent to 6.8 percent.
The U-6 unemployment rate, which includes those who are working part-time but cannot find full-time jobs, rose from 11.7 percent to 12 percent.
“Nobody is going to be rushing to hire back more people at this stage, and certainly for leisure and hospitality.
There’s a risk jobs fall further in next month’s report because of further lockdowns.”
https://www.mediaite.com/uncategoriz...e-since-april/
=================
The US economy lost 140,000 jobs in December.
All of them were held by women
https://www.mediaite.com/uncategoriz...e-since-april/
Clean Energy Sector Approached the New Year Down Nearly 430,000 Jobs From Pre-Pandemic Levels
Renewables employment speeds up slightly, but ends 2020 down by 12% since February
https://morningconsult.com/2021/01/1...port-december/
154,000 Black Women Left The Workforce In December Alone
Since the pandemic started, all women have been hurting, but women of color most of all.
Faced with shaky job prospects across so many industries and often with children home for virtual school,
many women have simply given up on the idea of working.
All told, 2.1 million women have left the workforce since this pandemic started,
compared to nearly 1.7 million men.
https://www.huffpost.com/entry/black-women-unemployment-coronavirus_n_5ffca3e2c5b66f3f796033d1
More superfluous evidence that the economy is rigged by and for the oligarchy
The tools that rescued America's economy are mostly helping wealthy Americans
- The US central bank's economic rescue efforts during the pandemic have supported America's recovery, which is turning out to be K-shaped.
- To stimulate the economy after a dramatic slowdown and stock-market crash triggered by the coronavirus pandemic, the Federal Reserve bought Treasury bonds and mortgage-backed securities, a process known as quan ative easing that was pioneered during the 2008 Great Recession. The Fed also kept interest rates low.
- The wealthy were incentivized to invest in the stock market, and they benefited as equities recovered to record highs by year end.
- But most Americans don't own stocks and thus haven't profited from this policy. More and more are falling into poverty and struggling to pay their bills.
- The PPP program was intended to be a sort of quan ative easing for Main Street, but it hasn't helped the majority of small businesses.
https://www.businessinsider.com/what...reserve-2021-1
Unemployment claims increase as COVID-19 surges
Another 1.2 million people applied for Unemployment Insurance (UI) benefits last week, including 965,000 people who applied for regular state UI and 284,000 who applied for Pandemic Unemployment Assistance (PUA). The 1.2 million who applied for UI last week was an increase of 304,000 from the prior week.
the 181,000 rise in seasonally adjusted regular state claims suggests layoffs are increasing as the COVID-19 pandemic surges.
Last week was the 43rd straight week total initial claims were greater than the worst week of the Great Recession.
continuing claims for regular state UI rose by 199,000, meaning new continuing claims were outpacing exhaustions.
There are now 26.8 million workers who are either unemployed, otherwise out of work because of the virus, or have seen a drop in hours and pay because of the pandemic.
we started losing jobs again in December; layoffs are rising and the virus is surging.
To get the economy back on track in a reasonable timeframe,
we need policymakers to pass an additional $2.1 trillion in fiscal support
(the $2.1 trillion is calculated by subtracting the $900 billion December COVID-19 relief bill from the total $3 trillion in fiscal support that is actually needed).
In particular, it is crucial that Congress provide substantial aid to state and local governments.
Without this aid, austerity by state and local governments will result in cuts to essential public services and the loss of millions of jobs in both the public and private sector.
https://www.epi.org/blog/unemployment-claims-increase-as-covid-19-surges
McConnell's BigDonor Capitalist class has been and is mopping up $100Bs, so he will block the above aid to Labor and state/local govts.
Canada’s Mortgage Lenders Have Set Aside a Record Amount for Bad Loans
https://wolfstreet.com/2021/01/14/ca...for-bad-loans/
And the USA?
US unemployment applications e to highest since August
Layoffs are coinciding with an economy that has faltered as consumers avoid traveling, shopping, and dining out as confirmed COVID-19 cases rise.
And the consumer slowdown only adds to layoffs caused by business restrictions and shutdowns.
The number of people seeking unemployment aid soared last week to 965,000, the most since late August,
with evidence that the resurgent virus has caused a e in layoffs.
https://www.csmonitor.com/Business/2021/0114/US-unemployment-applications- e-to-highest-since-August
"President-elect Joe Biden is unveiling a $1.9 trillion coronavirus plan Thursday to turn the tide on the pandemic,
speeding up the vaccine rollout and
providing financial help to individuals, states, and local governments and businesses struggling with the prolonged economic fallout.
It includes $1,400 checks for most Americans,
which on top of $600 provided in the most recent COVID-19 bill would
bring the total to the $2,000 that Biden has called for. "
Boston Globe email
extends eviction moratorium and UI until September
My AGI is not over $174K
Uncle Chan with Derp level logic
Manchin making sounds he will not support the bill, saying he's for the one-stimulus payment only to people who need, not people / couples making up to $75K / year
I think Manchin will align more with the Senate Repugs than with the Dems, to pander to his Fox viewers, letting them decide how he votes
eg, I bet he would block making DC and PR states. Takes a simple majority of both chambers.
Trump administration gave private jet companies over half a billion in pandemic bailout funds
You might remember Trump Treasury Rich Guy Steven Mnuchin moving to axe nearly a half billion in emergency pandemic lending after Donald Trump lost his bid for reelection,
under the pretense that Our Work Here Is Done or somesuch—
this, after slow walking distribution of emergency funds in the first place.
One business sector that did very well by the Trump administration's distribution of emergency funds, however, was the private jet industry.
Yeah, the private jet industry. This is just how things work now.
Private jet companies received over $643 million in federal aid, spread across three emergency programs.
The majority, over half a billion dollars, came in grants from the Payroll Support Program.
"[A]t least 49 private jet companies have been given access to all three programs, taking up to $87.38 million in federal COVID stimulus funds between them," notes the report.
What can you say?
They've got lobbyists, and you don't.
https://www.dailykos.com/stories/2009259
US Govt (under both parties, but esp Repugs) is an ATM for the oligarchy.
The Trump administration bailed out prominent anti-vaccine groups during a pandemic
received more than $850,000 in loans from the federal Paycheck Protection Program,
raising questions about why the government is giving money to
groups actively opposing its agenda and seeking to undermine public health during a critical period.
The groups that received the loans are the
National Vaccine Information Center,
Mercola Health Resources,
the Informed Consent Action Network,
the Children’s Health Defense and
the Tenpenny Integrative Medical Center,
https://www.washingtonpost.com/busin...s-anti-vaccine
The PPP passed with bipartisan support of the house and senate.
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