Crediting the monetary and fiscal support provided thus far during the coronavirus pandemic, Federal Reserve Chairman Jerome Powell said in an interview Thursday the U.S. economy may recover to pre-pandemic levels sooner…
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Donald Trump Continues Whining As Americans Face Losing Unemployment Benefits
While approximately 14 million Americans are facing the expiration of their unemployment benefits today, Donald Trump is maintaining a full schedule of golf and griping about his failed reelection attempt. Trump surprised…
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News Round-Up: December 25, 2020
Some news items you might have missed: • Pink News: Dolly Parton wants Christian homophobes to quit shaming gays – “Judging is God’s job.” • Instinct Magazine: President-elect Joe Biden has tapped…
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News Round-Up: November 19, 2020
Some news items you might have missed: • InstaHunks: Ellen DeGeneres’s former “gardener,” Billy Reilich (above), is masked up for COVID-19 safety telling his followers, “Here we go again.” • KCCI: A…
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Even Before COVID-19 Trump Did No Better On Economy Than Obama
Trump and his followers often tout the stock market and unemployment under Trump as “the best economy in the history of the world.” But crunching the numbers from the final three years…
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New Jobless Claims Drop…But With A Caveat
The U.S. Labor Department reports new applications for unemployment benefits dropped below 1 million last week as 881,000 Americans applied for state unemployment benefits. However… The Labor Department also announced a change…
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Labor Dept: Jobless Claims Jump Back Above 1 Million Mark
From CNBC: The number of people filing for unemployment benefits last week was greater than expected, raising concern about the state of the economy as lawmakers struggle to move forward on a…
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New Unemployment Claims Top 1 Million For 20th Week
From the New York Times: The government reported on Thursday that nearly 1.2 million workers filed new claims for state unemployment benefits last week. It was the lowest weekly total since March,…
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US Economy Contracts By 32.9% As 1.4 Million New Unemployment Claims Filed
So. Much. Winning. Remember when Donald Trump predicted ‘only’ 60,000 deaths from COVID-19 and the economy would come roaring back in the summer when the virus magically disappeared? From CNN: The US…
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News Round-Up: July 2, 2020
Some news items you might have missed: • Instagram: If you don’t already, click over and follow @BigKidProblems (above) on the Gram of Insta….I like the way they think 🙂 • Christian…
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News Round-Up: June 11, 2020
Some news items you might have missed: • Throwback Thursday: Amid all this turmoil in the country, I loved chatting with my high school doll Addester (above) last night who came to…
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Unemployment Rate Soars To Record-Shattering 14.7 Percent
The U.S. economy lost a mind-blowing 20.5 million jobs in April, a number ten times the previous record and by far the highest seen since the Great Depression. From NBC News: The…
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Trump Wanted To Disperse Unemployment Benefits Via Imaginary Federal System
Donald Trump took to Twitter today to lay the blame on Democrats for any delays Americans see in receiving additional unemployment funds provided under coronavirus relief legislation. “Blame the Democrats for any…
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Another 4.4 Million File For Unemployment Benefits
The Labor Department reports 4.4 million people filed for unemployment benefits last week marking the fifth straight week of job losses measured in the millions. From MarketWatch: The spike in unemployment has…
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6.6 Million New Applications For Unemployment This Week
From NBC News: Another wave of 6.6 million American workers filed first-time unemployment claims for the week ending April 4, bringing the cumulative total to an astonishing 16 million over the…
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News Round-Up: April 2, 2020
Some news items you might have missed: • Furball of the Day: Former Democratic presidential candidate Pete Buttigieg (above) brought #BeardEdgeEdge to reality in a recent Instagram Live broadcast about the coronavirus pandemic…
