Month: August 2020

Just Another Manic Monday

OVER 1/2 of US housholds have lost some income since March.   OVER 1/3 expect to lose more in the next 30 days.   Jobs have been furloughed, businesses closed, hours reduced and salaries cut.  While the health emergency and lockdown were the biggest direct cause of unemployment, there were secondary effects, too. Pandemic-induced layoffs were responsible for […]

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Friday Federal Failure – Congress Takes a 3-Day Weekend Without Fixing Anything!

WTF? The unemployment benefit boost ran out last Friday and, all week, we were told Congress was making progress towards a new stimulus bill and President Trump, who has never steered us wrong, said that if Congress couldn't agree to extend benefits he would sign and executive order but, last night, the whole thing blew […]

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