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Joe Biden Is Leading The Biggest US Small Business Boom In 25 Years
The Small Business Administration (SBA) announced that 18.1 million new business applications have been filed since Biden took office, the biggest boom in 25 years.
Economy
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With Misery On Their Faces, Fox Panel Struggles To Discuss Strong Biden Jobs Report
Maria Bartiromo’s Fox Business panel looked miserable as they struggled to discuss another strong Biden jobs report.
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Biden White House Drops Some Economic Reality On Fox News
Jared Bernstein the Chair of the Council of Economic Advisors went on Fox News Sunday and laid out what the Biden administration is doing on the economy to help people.
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Biden’s Stunningly Good Jobs Numbers that the NYT Appeared to Present as Bad News
September’s stunningly good jobs report sounds great, but the New York Times initially chose to present it as bad for investors, focusing on Wall Street rather than Main Street.
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Biden Uses New GDP Report To Hammer Republicans On Inflation
President Biden used the new report showing that GDP grew in the third quarter and hammered Republicans for planning to increase inflation.
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Republicans And The Media Go Silent As Gas Prices Fall For 95 Straight Days
There are no more news reports about gas prices or Republicans crying about the pain at the pump as prices have fallen for 95 straight days.
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Republican Midterm Hopes Are Collapsing As Gas Prices Fall To Lowest Since May
Republicans were counting on high gas prices to fuel their red wave in November, but gas prices have now hit their lowest point since May.
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Biden Economy Shows No Signs Of Weakening After Another Strong Jobs Report
The US economy added 390,000 new jobs last month, as the unemployment rate remained at 3.6%. People continue to spend and the economy is rolling along.
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Biden Has Created 50 Times More Month To Month Jobs Than The Last 3 GOP Presidents Combined
This is an incredible statistic. President Biden has created 50 times more month-to-month jobs than the last three Republican presidents combined.
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Biden: Republicans Never Lowered The Deficit Under Trump
While speaking about the economy at the White House, President Biden unloaded on GOP hypocrites for never lowering the deficit under Trump. Video of Biden: Biden Has Had Enough Of The GOP Pretending To Care About Deficits The President said: For all of the talk, Republicans make about deficits, it did not happen a single…
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After Trump Ran Up The Bill, Biden Will Pay It Off With The Biggest Debt Cut In History
Donald Trump and Republicans added trillions to the debt with tax cuts for the rich, while Biden is about to oversee the biggest debt cut in US history.
Jayapal Says It’s Worth It to Pass Spending Bill and Climate Legislation Even If Democrats Lose the House
Representative Pramila Jayapal (D-Wash.) says that it’s worth Democrats passing the party’s spending bill and climate change legislation even if Democrats lose the House in next year’s midterm elections. “Of course it’s worth it if we’re making people’s lives better,” Jayapal said. “What’s the alternative? To do nothing. I mean, that’s not gonna that’s not gonna…
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Biden Defends His Administration’s Covid-19 Vaccine Mandate
President Joe Biden defended his administration’s Covid-19 vaccine mandate for businesses, saying that they will be good for the economy as a whole and not lead to worker shortages. The mandate applies to businesses with at least 100 employees and will go into effect on January 4, according to the Department of Labor (DOL). “As we’ve…
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Jobless Claims Continue to Rise After Millions Lose Their Unemployment Aid
Jobless claims have risen for the third consecutive week after millions lost their federal pandemic unemployment benefits, according to data released Thursday by the Labor Department. Seasonally adjusted initial claims for unemployment insurance are at 362,000 in the week ending Sept. 25. That’s 11,000 more applications than the previous week. Claims without seasonal adjustments fell…
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Yellen Warns Lawmakers U.S. Has Just Three Weeks Before It Defaults on Its Debts
In a letter to lawmakers this morning, Treasury Secretary Janet Yellen warned that the United States has just three weeks before it defaults on its debts. “We now estimate that Treasury is likely to exhaust its extraordinary measures if Congress has not acted to raise or suspend the debt limit by October 18. At that…
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Biden Administration Will Ease Travel Restrictions for Vaccinated Foreign Travelers
The Biden administration announced it will ease travel restrictions for vaccinated foreign travelers in November. According to White House coronavirus coordinator Jeff Zients, all foreign visitors must be fully vaccinated and must show proof of vaccination before boarding flights bound for the United States. They will also be required to provide a negative test no later…
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Mitch McConnell Admits the ‘Era of Bipartisanship is Over’
Democrats hold the majority in the House of Representatives. They hold a narrow majority in the Senate. They have the White House. And up until last week, they actually believed they could make common cause with republicans for the good of the republic. But Senate Minority Leader Mitch “The Grim Reaper” McConnell said the quiet part…
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Biden Administration Extends Nationwide Eviction Moratorium for Another 30 Days
President Joe Biden‘s administration has extended the nationwide eviction moratorium for another 30 days in a bid to help tenants who’ve been unable to make their rent payments due to the economic fallout of the Covid-19 pandemic. Dr. Rochelle Walensky, director of the Centers for Disease Control and Prevention, announced that the moratorium would be…
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Biden Leads The G7 In Taking Steps To Improve The World Economy
At the top of the docket for the president was a “Building Back Better” plan for the world. This is Biden’s first G7 summit as president.
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Unemployment Claims Reach Pandemic Low As Economic Recovery Continues
According to the latest report from the Department of Labor (DOL), the number of Americans seeking unemployment benefits dropped last week to 406,000 as the nation’s economic recovery continues. Unemployment applications declined 38,000 from 444,000 a week earlier. “The decline in applications reflects a swift rebound in economic growth. More Americans are venturing out to…
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Jobless Claims Drop To New Low As Biden Economy Continues To Strengthen
The number of jobless claimed reached a new pandemic low as fewer people are losing their jobs and more job openings are being filled.
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Yellen Goes to Bat for Biden’s Spending Plans Amid Republican Opposition: U.S. Will See “Big Returns”
Treasury Secretary defended President Joe Biden‘s spending plans on infrastructure, education, and jobs, saying that the plans are necessary in order to keep the United States competitive and will yield “big returns.” “The plans are extremely important and necessary to invest in our economy so that we can be competitive and have families and children…
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Democrats Propose Permanently Boosting Unemployment Benefits
Senators Ron Wyden (D-Ore.) and Michael Bennet (D-Colo.) have announced legislation that would set minimum federal standards for unemployment benefits nationwide. The legislation also includes a stipulation that unemployment benefits will receive an extra boost when unemployment is high. “As we’ve seen the last year, it’s much harder for the unemployment system to work in…
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Yellen to Call for Global Minimum Tax Rate to Raise Revenue, Stop Companies from Evading Taxes
Treasury Secretary Janet Yellen will make the case for a global minimum tax rate to raise revenue in the United States as well as stop companies from shifting their profits overseas, a move that enables them to evade paying taxes. “Competitiveness is about more than how U.S.-headquartered companies fare against other companies in global merger…
Jayapal Calls on Biden to Fire Trump-Appointed Social Security Officials Who Delayed Covid Relief
Representative Pramila Jayapal (D-Wash.) called on President Joe Biden to fire two Trump-appointed Social Security Administration officials––SSA Commissioner Andrew Saul and Deputy Commissioner David Black––after House Democrats accused them of “sabotaging” the effort to distribute direct coronavirus relief payments to tens of millions of seniors and people with disabilities. “It is appalling and outrageous that…
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Agriculture Secretary: Only 0.1% of Coronavirus Relief Set Aside by Trump Administration Went to Black Farmers
Speaking to The Washington Post, Agriculture Secretary Tom Vilsack said only 0.1% of Covid-19 relief funds the Trump administration set aside for farmers went to Black farmers, aggravating existing economic gaps. “We saw 99 percent of the money going to White farmers and 1 percent going to socially disadvantaged farmers and if you break that…
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Group of Republican Attorneys General Threaten Legal Action Over Stimulus, Calling It “Unconstitutional”
A group of Republican attorneys general has threatened legal action against President Joe Biden’s administration over the American Rescue Plan, a historic $1.9 trillion stimulus package that was last week signed into law to address the economic impact of the Covid-19 pandemic. They argue the stimulus package is unconstitutional and example of government overreach. They…
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Tomi Lahren Pushes Conspiracy Theories While Calling Covid Relief “Blue State Bailouts”
Fox News personality Tomi Lahren said President Joe Biden‘s administration’s $1.9 trillion Covid-19 relief package amounts to little more than “blue state bailouts.” “It is so blatantly obvious what’s going on, piss poor leaders have been champing at the bit to pass off their blue state bailouts as ‘COVID Relief,’ she said. “This has all…
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House Moving Toward Final Approval of Covid-19 Bill
The House of Representatives is moving toward final approval of the Covid-19 stimulus package in what would mark President Joe Biden‘s first legislative victory since taking office. The House had a two-hour morning debate earlier today ahead of a final vote on the bill. “Congressional leaders do not expect a replay of the prolonged fights around…
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The Biden Revolution Begins With A Family Of 4 Getting $8,200 In Stimulus
Press Secretary Jen Psaki said that a family of four making less than $150,000 with school-age kids would get $8,200 in stimulus cash and tax credits.
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Republicans Are Lying. The Majority Of The Biden Stimulus Goes To Help People.
Republicans have been lying about the Biden stimulus. The majority of the stimulus money goes to help individuals in the middle class and below.
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A Good Sign For Democrats As Job Growth Better Than Expected In First Full Biden Jobs Report
The economy beat job growth estimates by adding 379,000 new jobs in February, as signs are that the economy is moving in the right direction.
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Energy Secretary Confirms Her Department Has More Than $40 Billion in Funds to Transition to Clean Energy
Energy Secretary Jennifer Granholm, who was confirmed by the Senate just last week, has confirmed that her department, thanks to its reactivated loan program, has more than $40 billion in funds to boost the transition to clean energy sources. Though Granholm did not offer a timeline on when these loans would be offered, the news…
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Yellen Defends Stimulus Payments: “It’s the Right Thing to Do”
Speaking at a virtual event hosted by The New York Times, Treasury Secretary Janet Yellen said a proposal to send $1,400 direct payments to Americans will help those who are struggling, particularly those who are not receiving other targeted forms of assistance. That really helps to make sure that pockets of misery that we know…
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Biden Makes McConnell’s Bad Day Even Worse By Exposing The GOP Plot To Block COVID Relief
- coronavirus, Economy, Editors' Picks, Featured News, Joe Biden, Mitch McConnell, Republican Party, U.S. Senate
President Joe Biden didn’t mince words on Tuesday when it came to Republican efforts to block COVID relief legislation.
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Biden Continues to Get High Marks, According to New Poll
President Joe Biden continues to get high marks overall, according to a special online edition of the CNBC All-America Economic Survey, which found he has a 62% percent approval rating, a rating higher than those of the last four presidents. Americans have really taken to Biden’s handling of the economy as well, with 65% saying they…
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Brian Kilmeade Says Those Who Want Higher Wages Should Simply “Get Another Job”
“Fox and Friends” co-host Brian Kilmeade criticized efforts to raise the federal minimum wage, which has remained at $7.25 an hour for more than a decade, the longest amount of time without an increase. Kilmeade defended paying workers $7.25––an amount data shows no one can realistically live on––saying, “What you do is you work your…
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Sanders and Congressional Democrats to Announce a $15 Minimum Wage Bill Today
Senator Bernie Sanders (I-Vt.) and Congressional Democrats will announce a $15 minimum wage bill during a video conference at 11:30 a.m. EST today. The Raise the Wage Act “would increase the federal minimum wage to $15 in five steps over the next four years, increasing pay for nearly 32 million workers,” according to a press release….
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Out-Of-Touch Susan Collins Says She Doesn’t See The Need For More COVID Relief
Susan Collins was happy to cast a vote for Donald Trump’s $2 trillion tax cut for the wealthiest individuals and corporations.
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Biden Unveils A Bold Economic Rescue Package That More Than 80% Of Americans Support
If Republicans really want to demonstrate that they care about unity, they would immediately get behind Joe Biden’s economic rescue package.
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Unemployment Claims Spike Again in the Final Weeks of Trump Term
Unemployment claims have spiked again. The Department of Labor (DOL) reports that unemployment claims in the first full week of January spiked to a seasonally adjusted 965,000, Additionally, non-adjusted claims rose to 1.2 million and the number receiving Pandemic Unemployment Assistance (PUA) rose to 284,500. “This is bad news for the economy heading into 2021,”…
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Labor Department Ensures Americans Unemployment Benefits Won’t Lapse Despite Trump Signing Delay
The Department of Labor (DOL) says unemployment benefits won’t lapse despite President Donald Trump’s delay in signing a new Covid-19 relief package. “As states are implementing these new provisions as quickly as possible, the Department does not anticipate that eligible claimants will miss a week of benefits due to the timing of the law’s enactment,”…
0
Trump Golfs As Unemployment Benefits Expire For 14 Million Americans
With Donald Trump cooped up at his golf course in Florida, millions of Americans saw their unemployment benefits expire.
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Biden Announces Key Members of Health Team Who Will Address Covid-19 Pandemic Once He Takes Office
- 2020, coronavirus, Democratic Party, Economy, Elections, Featured News, Healthcare, Issues, Joe Biden, Kamala Harris
President-elect Joe Biden has announced who will join his administration as key members of the health team tasked with addressing the Covid-19 pandemic, which has claimed the lives of more than 280,000 Americans to date. The individuals joining the upcoming administration include Xavier Becerra, the Attorney General of California, who has a history of championing…
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Report: U.S. Economy Only Added 245,000 Jobs in November as Lawmakers Continue Work on Stimulus Deal
The Bureau of Labor Statistics reported this morning that the United States economy added just 245,000 jobs in November on a seasonally adjusted basis, 224,000 fewer jobs than had been projected. Although November’s unemployment rate (6.7%) is lower than October’s unemployment rate (6.9%) this is because more workers left the workforce in November. Of those…
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Trump Appears to Take Credit for Stock Market Gains and Vaccine News After Losing His Bid for Re-Election
President Donald Trump appeared to take credit for recent stock market gains and the news that Pfizer’s early vaccine is more than 90 percent effective. “STOCK MARKET UP BIG, VACCINE COMING SOON. REPORT 90% EFFECTIVE. SUCH GREAT NEWS!” the president wrote. STOCK MARKET UP BIG, VACCINE COMING SOON. REPORT 90% EFFECTIVE. SUCH GREAT NEWS! —…
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76 U.S. Mayors Endorse Biden and Harris, Renew Calls for Covid Relief for Small Businesses
- 2020, coronavirus, Democratic Party, Donald Trump, Economy, Featured News, Issues, Joe Biden, Kamala Harris
A group of 76 United States mayors has endorsed Joe Biden and Kamala Harris in an open letter that also calls out President Donald Trump and members of Congress for delaying vital Covid-19 relief for small businesses as the pandemic continues to wreak a harsh economic toll on the lives of average Americans. “We are…
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Study: 8 Million More Americans Are in Poverty After Stimulus Talks Collapsed
A Columbia University study found that eight million more Americans are in poverty after coronavirus relief stimulus talks collapsed, a sign that “The COVID-19 crisis has induced both the largest declines and subsequent increases in monthly employment ever witnessed in the U.S., and has made clear the importance of high-frequency data on family well-being to…
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Trump Says He’s Considering a Larger Coronavirus Relief Package
Negotiations over more coronavirus relief legislation have largely faltered, and President Donald Trump says he’s considering a larger relief package, one larger than the $1.8 trillion offered by the White House. When Fox Business host Stuart Varney asked him if he would consider a larger bill, Trump responded: “I would. This was not caused by…
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Unemployment Claims Have Hit Their Highest Levels Since Mid-August
898,000 new claims for unemployment benefits were filed last week, according to the latest data released by the Department of Labor (DOL). Economists had forecasted roughly 830,000. The total of unemployment claims for the week of October 10 was the highest number since mid-August, a sign that the coronavirus pandemic has continued to hammer the…
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Ted Cruz: Election Could Be “A Bloodbath of Watergate Proportions” for Republicans
- 2020, Chuck Schumer, coronavirus, Economy, Elections, Featured News, Issues, Nancy Pelosi, Ted Cruz, U.S. House of Representatives, U.S. Senate
Senator Ted Cruz (R-Texas) warned that the upcoming election could be “a bloodbath of Watergate proportions” for the GOP if people are in dire financial straits as a result of the economic impacts of the coronavirus pandemic. “If people are going back to work, if they’re optimistic, if they’re positive about the future, we could…
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Trump Says Coronavirus Relief Talks Have Restarted, Just Days After He Ended Negotiations
President Donald Trump says coronavirus aid talks have restarted, just days after he shocked financial markets by announcing he’d ordered Republicans to end negotiations altogether. “Now they are starting to work out,” he told Fox Business Network. Earlier this week, Trump announced he had instructed Republicans not to negotiate a coronavirus financial stimulus package until…
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Trump Calls on Pelosi and Appears to Reverse Course on Stimulus in Early Morning Tweet
President Donald Trump, who yesterday announced he had instructed Republicans not to negotiate a coronavirus financial stimulus package until after November’s general election, appeared to reverse course this morning, telling House Speaker Nancy Pelosi (D-Calif.) that he is “Waiting To Sign” a bill authorizing stimulus checks as soon as it lands on his desk. The…
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Biden Calls Trump An Economic Failure Who Has Screwed Over The Middle Class
Biden called Donald Trump an economic failure whose policies have reduced the standard of living for millions of Americans.
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Republican Massachusetts Governor Slams Senate’s Attempts to Confirm SCOTUS Nominee While Delaying Virus Relief
Massachusetts Governor Charlie Baker (R) rebuked the Senate’s attempts to confirm a nominee to replace the late Justice Ruth Bader Ginsburg on the Supreme Court in remarks earlier today. Baker says the Senate should “allow the American people to cast their ballots” first, joining a chorus of voices who say a confirmation should be decided…
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Biden Endorsed by Group of Nobel Prize-Winning Economists
A group of 13 Nobel Prize-winning economists has announced their endorsement of Democrat Joe Biden in November’s general election. The economists announced their endorsement in a letter released by the Biden campaign. The signatories are the economists George Akerlof, Peter Diamond, Oliver Hart, Eric Maskin, Daniel McFadden, Roger Myerson, William Nordhaus, Edmund Phelps, Paul Romer,…
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Wall Street: Chances Of Congressional Stimulus Are “Effectively Zero”
Wall Street analysts say the chances of Congress approving a federal stimulus package are “effectively zero” now that the conversation has shifted to filling the late Justice Ruth Bader Ginsburg’s Supreme Court seat. “With the passing of Justice Ginsburg, the level of rhetorical heat has increased, if that seemed even possible,” Greg Staples, head of…
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Trump Calls Dems “Heartless” Despite Senate’s Refusal to Vote on Dem Coronavirus Relief Proposal
President Donald Trump called Democrats “heartless” and accused them of blocking vital coronavirus relief as the pandemic continues to wreak havoc on the economy and people’s livelihoods. The Senate did not approve new relief legislation last week. Democrats are ‘heartless.’ They don’t want to give STIMULUS PAYMENTS to people who desperately need the money, and…
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Trump Humiliated After His Alma Mater Says Joe Biden’s Economic Plan Is Better For America
The University of Pennsylvania’s Wharton School found that Biden’s economic proposals will lead to greater economic growth.
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Trump Congratulates JP Morgan For Sending Workers Back to the Office Amid a Pandemic
Earlier this morning, President Donald Trump congratulated JP Morgan for sending its employees back to their offices in the middle of the coronavirus pandemic. The move comes even as public health experts continue to espouse the benefits of working from home to curb the spread of the virus. “Congratulations to JPMorgan Chase for ordering everyone…
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McConnell Says A Vote on Coronavirus Relief Could Happen This Week
Senate Majority Leader Mitch McConnell (R-Ky.) says a vote on coronavirus relief funds could happen sometime this week. McConnell did not specify what would be included in the relief measure, but said it would focus on health care, education, and the economy. In a statement, McConnell said the Senate will look over a “targeted proposal,…
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Coronavirus Pandemic Caused Trump’s Net Worth to Drop $600 Million in Last Year
The novel coronavirus caused President Donald Trump’s net worth to drop $600 million in the last year, Forbes reported, placing him at No. 339 (a drop of 64 points) on The Forbes 400, which profiles and ranks the country’s richest billionaires. “Blame the coronavirus, which has battered not only the president’s poll numbers but also the…
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Trump Attacks Democrats, Claiming They’ll End Economic Shutdowns After Election
President Donald Trump took to Twitter this morning to attack Democrats, claiming that economic shutdowns to slow the spread of coronavirus are politically motivated. “The Democrats will open up their states on November 4th, the day after the Election,” he wrote. “These shutdowns are ridiculous, and only being done to hurt the economy prior to…
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Trump Claims U.S. Has Had “Biggest and Fastest Financial Recovery In History” Under His Leadership
President Donald Trump claims the United States has experienced the “Biggest and Fastest Financial Recovery In History” under his leadership. “Biggest and Fastest Financial Recovery In History. Next year will be the best ever, unless a Sleepy person, who wants to massively raise your taxes, gets in. I’m which case, CRASH!!!” he wrote on Twitter,…
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Trump Boasts About Jobs Numbers Despite High Unemployment and Lack of Virus Relief
President Donald Trump boasted about the latest report from the Bureau of Labor Statistics (BLS) that found employers added 1.4 million jobs in August. However, the president did not mention that the report also points out the United States has lost 11.5 million jobs since February. “Great Jobs Numbers! 1.37 Million Jobs Added In August. Unemployment…
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Unemployment Continues to Rise After Another 1 Million Filed for Benefits Last Week
According to the latest data released by the Department of Labor (DOL), another 1 million American workers filed for first-time unemployment benefits last week on a seasonally adjusted basis. This is the 22nd time in 23 weeks that unemployment claims topped 1 million as the nation struggles economically amid the novel coronavirus pandemic. Job claims…
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MSNBC Cuts Off RNC After Larry Kudlow Declares The Pandemic Over
Larry Kudlow all but declared the pandemic over during an RNC segment on Tuesday that looked eerily similar to a used car commercial.
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TikTok Sues Trump Administration After Trump Tries to Block It Within the U.S.
TikTok has sued President Donald Trump’s administration, saying the president’s executive orders attempting to block it from conducting transactions within the United States targeted the company and denied it due process. “We do not take suing the government lightly, however we feel we have no choice but to take action to protect our rights, and…
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Over 1 Million Unemployment Claims Filed Last Week with No Relief in Sight
Over one million unemployment claims were filed last week, according to new data from the Department of Labor (DOL), rising to a seasonally adjusted 1.106 million for the week ended Aug. 15, from an upwardly revised 971,000 in the prior week. The national economy has regained only 9.3 million of the 22 million jobs lost…
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Trump Claims There Will Be Economic “Disaster” If Biden Wins Election
President Donald Trump claimed that the United States will experience an economic “disaster” if Democrat Joe Biden wins this year’s general election. “I think if he wins, you’re going to end up with a disaster,” Trump said on Fox Business. The president further suggested that the Green New Deal backed by Representative Alexandria Ocasio-Cortez (D-N.Y.)…
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“Mitch Better Have My Money”: Kentucky Voters Angry at McConnell’s Response to Economic Crisis
Kentucky voters are angry at Senate Majority Leader Mitch McConnell’s response to the economic crisis wrought by the coronavirus pandemic. Protesters have taken to protesting outside McConnell’s Louisville office, carrying signs with slogans such as “Mitch Better Have My Money.” Protests have been organized by Kentucky representatives from the AFL-CIO, Teamsters and other labor groups….
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Canadian Politician Doug Ford Criticizes Trump for Imposing Tariffs on Canadian Raw Aluminum
Canadian Premier Doug Ford criticized President Donald Trump after he imposed 10 percent tariffs on Canadian raw aluminum. “I just have to say how disappointed I am with President Trump right now,” Ford said at his Friday news conference. “In times like this, who tries to go after your closest ally, your closest trading partner,…
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Trump’s Coronavirus Incompetence Caused ‘Most Severe’ Economic Collapse In Modern History
America is not better off now than it was four years ago when Donald Trump took office. In November, he’s going to have to own that.
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Majority of Swing State Voters Want Enhanced Unemployment Benefits to Be Extended Despite GOP Complaints
62 percent of voters in the battleground states of Arizona, Florida, Michigan, North Carolina, Pennsylvania, and Wisconsin believe enhanced unemployment benefits should be extended, according to polling published Wednesday by CNBC/Change Research. All of the aforementioned states are swing states in play for November’s general election. 42 percent “strongly” supported extending the payments, while 20…
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Nancy Pelosi Calls Donald Trump The Biggest Failure In American History
Regardless of what voters decide in November, history will remember Donald Trump as one of the biggest failures in American history.
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1.4 Million More File for Unemployment in First Increase Since March as Benefits Due to Expire
The latest data from the United States Department of Labor (DOL) shows that 1.4 million more Americans have filed for unemployment, the first increase since the pandemic intensified in March. DOL says about 32 million people are receiving unemployment benefits, though that figure could include double-counting by some states. The current data is an increase…
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Schumer Calls Republican Party “Disorganized, Chaotic, and Unprepared” on Coronavirus Relief
Senate Minority Leader Chuck Schumer (D-N.Y.) slammed his Republican colleagues earlier today as Democrats and Republicans struggle to come to an agreement over coronavirus relief funds. “It’s in the middle of the week, and the Republican Party is so disorganized, chaotic and unprepared that they can barely cobble together a partisan bill in their own…
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1.3 Million More People File for Unemployment as Enhanced Benefits Are Set to Expire
1.3 million more Americans filed for unemployment last week. Although the number of new unemployment claims has dropped over the last four months, several states have been forced to shutter their economies once again after reopening too early, contributing to a spike in cases. In particular, Florida, Texas, and Arizona have become the nation’s new hotspots…
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Trump’s Economic Approval Rating Drops 15 Points in a Month
President Donald Trump’s net economic approval rating has dropped 15 points in just a month, according to the latest poll from Quinnipiac University. According to the poll, in June 52 percent of voters approve of the way the president is handling the economy compared to 45 percent who disapprove. This month, however, just 44 percent…
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Trump Claims 401Ks and Stocks Will “Disintegrate and Disappear” If “Radical Left” Is Voted into Office
President Donald Trump claimed 401Ks and stocks will “disintegrate and disappear” if the “radical left” is voted into office after this year’s general election. “If you want your 401k’s and Stocks, which are getting close to an all time high (NASDAQ is already there), to disintegrate and disappear, vote for the Radical Left Do Nothing…
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Trump Boasts About Nasdaq Numbers as Death Toll Nears 132,000
President Donald Trump boasted about Nasdaq’s record close amid news that The Nasdaq Composite COMP, +0.52% rose 95.86 points, or 1 percent, closing at a record 10,154.63. As Marketwatch reported, “Nasdaq Composite soared nearly 31% over the period for its sharpest quarterly return since 1999.” The president has made the economy one of the cornerstones of his campaign…
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Private GOP Polls Show Trump Losing To Biden In Kansas And Slipping In Montana
As Trump publicly whines about polls showing him behind Joe Biden, private GOP data shows the incumbent president is even trailing in red states.
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Trump’s Economy Approval Rating Drops Below 50% For The First Time In 3 Years
More and more Americans are losing confidence in President Donald Trump’s ability to handle the economy, according to the latest Gallup poll that found his economic approval rating has dropped to 47 percent in June, a 16-point decrease from numbers reported at the beginning of the year. The poll was the first to show an…
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Biden’s National Lead Increases to 13 Percent as Trump’s Approval Rating Falters
- 2020, black lives matter, coronavirus, Democratic Party, Donald Trump, Economy, Elections, Featured News, Issues, Joe Biden
According to the latest Reuters/Ipsos poll, presumptive Democratic nominee Joe Biden’s national lead over President Donald Trump has increased to 13 percent. 48 percent of respondents said that they would vote for Biden, according to the poll. Those who would vote for Trump comprised 35 percent of the poll’s respondents. The poll also indicates that…
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Nancy Pelosi Shreds Trump For Holding Another Empty Photo Op While Americans Die
- black lives matter, coronavirus, Donald Trump, Economy, Editors' Picks, Featured News, Mitch McConnell
Donald Trump is only capable of offering the American people hollow photo ops when the country is demanding meaningful solutions.
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Brookings Institution Debunks the Trump Administration’s Report on the Dropping Unemployment Rate
The Brookings Institution has issued a report debunking a report from the Department of Labor (DOL) that President Donald Trump has seized on showing a drop in the unemployment rate. The United States added 2.5 million jobs during the month of May as businesses began to reopen. Additionally, the unemployment rate dropped to 13.3 percent…
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Poll: Trump Lags 14 Points Behind Biden as Americans Condemn His Response to Protests
- 2020, black lives matter, coronavirus, Democratic Party, Donald Trump, Economy, Elections, Issues, Joe Biden
According to the latest CNN poll conducted by SSRS, President Donald Trump lags 14 points behind Joe Biden, the presumptive Democratic nominee. Trump’s approval rating of 38 percent is a 7 percent drop as Americans condemn his response to the protests against racial injustice and police brutality that have captivated the nation since the death…
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Trump Attacks “Lamestream Media” for Not Focusing on Jobs Numbers
President Donald Trump took to Twitter this morning to assail media outlets for not focusing on a Department of Labor report issued Friday that showed a drop in the unemployment rate as protests against racial injustice and police brutality continue unabated across the nation. “The Lamestream Media refuses to talk about our Country’s record setting…
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Republicans Argue Positive Jobs Report Means More Coronavirus Relief Can Be Put on Hold For Now
A senior Trump administration official told CNN that the release of today’s job report from the Department of Labor (DOL), which shows a drop in the unemployment rate, could allow Republican leadership to make the case to put more coronavirus relief on hold for now. “Republicans generally want to be patient: There’s a lot of…
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Democratic Group Launches Ads Aimed at Hispanic Voters Comparing Trump to Latin American Authoritarians
An ad commissioned by Priorities USA, the country’s largest Democratic Super PAC, and aimed at Hispanic voters in Florida, compares President Donald Trump to Latin American authoritarians, or caudillos. “From threatening reporters and militarizing the streets, to weaponizing the Justice Department to exact political vendettas, this administration’s abuse of power is all too familiar to…
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Trump Celebrates Unexpected Drop in Unemployment Rate as Both the Pandemic and Protests Continue
President Donald Trump celebrated after the Department of Labor (DOL) released a jobs report showing an unexpected drop in the unemployment rate. The United States added 2.5 million jobs during the month of May as businesses began to reopen. Additionally, the unemployment rate dropped to 13.3 percent from 14.7 percent in April. The president, who…
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Trump Is Launching A Cover-Up Of The Economic Damage Caused By His Coronavirus Incompetence
Donald Trump might not want to confront the public health and economic carnage he has created, but he will be forced to in November.
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Nearly 40 Million Americans Are Now Unemployed As a Result of the Coronavirus Pandemic
According to new data from the Department of Labor, another 2.44 million Americans filed for initial unemployment benefits last week The current unemployment rate of 14.7 percent means that nearly 40 million Americans are out of work as a result of the coronavirus pandemic, which has forced many businesses to declare bankruptcy or impose layoffs….
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McConnell Promises Republicans He’ll End Enhanced Unemployment Benefits
Senate Majority Leader Mitch McConnell (R-Ky.) promised his Republican colleagues that he would end enhanced unemployment benefits. Currently, those receiving unemployment benefits receive an additional $600 a week. McConnell said Republicans are “going to have to clean up the Democrats’ crazy policy that is paying people more to remain unemployed than they would earn if…
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Poll: Biden Widens Lead Over Trump by 11 Points
- 2020, coronavirus, Democratic Party, Donald Trump, Economy, Elections, Featured News, Issues, Joe Biden
According to the latest poll from Quinnipiac University, presumptive Democratic nominee Joe Biden leads President Donald Trump 11 points in the general election match-up. The poll of more than 1,300 self-identified registered voters found that Biden enjoys an 11 point lead, 50 percent to Trump’s 39 percent. “What does the 11 point Biden lead tell…
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Trump Allies Recruiting “Extremely Pro-Trump” Doctors to Advocate Reopening Economy
According to an Associated Press report, President Donald Trump’s allies are recruiting “extremely pro-Trump” doctors to go on television and advocate reopening the national economy as speedily as possible. This would be “without waiting to meet safety benchmarks proposed by the federal Centers for Disease Control and Prevention to slow the spread of the new…
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Trump Threatens to Withhold Michigan’s Federal Funding Over Vote-by-Mail
President Donald Trump threatened to withhold Michigan’s federal funding after its Secretary of State Jocelyn Benson (D) announced that all state residents would receive applications for absentee ballots, allowing them to vote-by-mail. Trump and Republicans have repeatedly disparaged vote-by-mail options in response to criticisms from voting rights advocates who’ve expressed safety concerns during the coronavirus…
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Trump Administration Has Given $37.5B In Coronavirus Relief Funds To Big Corporations
A new oversight report released Tuesday shows that the $37.5 billion allocated so far has gone toward purchasing corporate debt.
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Orlando Sentinel Criticizes DeSantis After He Blames the Unemployed for State’s Failure to Pay Benefits
The Orlando Sentinel‘s editorial board criticized Florida Governor Ron DeSantis after he blamed the high number of unemployed people for the state’s failure to pay unemployment benefits. DeSantis made the remarks in response to a reporter’s question about delays that have affected individuals who first applied for unemployment in March. “I can tell you that DEO…
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Jared Kushner Says Trump Will Still Run On The Economy Even Though He Broke It
- 2020, coronavirus, Donald Trump, Economy, Editors' Picks, Elections, Featured News, Joe Biden, Obama
Donald Trump’s incompetence and failed leadership has destroyed the same economy that former Vice President Joe Biden once helped save.