Category: Economy

‘View’ Co-host Blames Trump’s Businesses Losing Money for His Desire to Re-open by Easter

‘View’ Co-host Blames Trump’s Businesses Losing Money for His Desire to Re-open by Easter

Sonny Hostin, co-host of the ABC daily talk show The View, is placing the blame for Donald Trump's desire to end the nation's lockdowns and social distancing by Easter on Trump's own business losses.
Trump Can’t End Social Distancing Alone. Only Governors, Mayors Can Do That

Trump Can’t End Social Distancing Alone. Only Governors, Mayors Can Do That

The decisions to close everything from schools, to state and local governments, to restaurants, bars, theaters and other establishments have been made by the nation's governors and mayors. And the decision to lift them will rest solely with them, as well. Not Donald Trump.
Senate Democrats on Coronavirus: If You Lose Your Job ‘for Any Reason,’ Dems Want to Give You Full Pay

Senate Democrats on Coronavirus: If You Lose Your Job ‘for Any Reason,’ Dems Want to Give You Full Pay

Senate Minority Leader Chuck Schumer (D-NY) has put out a marker, that Senate Democrats expect any economic rescue plan to include funds to provide full salaries for up to six months to all Americans who lose their jobs, as part of a multi-part plan.
Fmr. Labor Sec’y: No Bailouts For Big Companies, Trump Admin Should Use Money To Help Regular People

Fmr. Labor Sec’y: No Bailouts For Big Companies, Trump Admin Should Use Money To Help Regular People

Given that the way out of this crisis seems to be social distancing and quarantine conditions, any economic rescue legislation ought to focus on direct help to average people, not the sort of massive corporate bailouts which were common after the 2008 financial meltdown, according to Robert Reich, former labor secretary in the Clinton administration, and a popular progressive activist in the decades since.
Mark Cuban Calls on Fed to Print Unlimited Money, Ignore Consequences For Now

Mark Cuban Calls on Fed to Print Unlimited Money, Ignore Consequences For Now

Globally there are around 200,000 confirmed cases of COVID-19 and over 8,000 deaths so far. In the United States alone, the number of deaths has exceeded 100.
As Coronavirus Spreads, US Economy May Need $4T To Avoid 20 Percent Unemployment

As Coronavirus Spreads, US Economy May Need $4T To Avoid 20 Percent Unemployment

Federal policymakers may have to eventually come up with an almost unbelievable $4 trillion in stimulus in order to avoid a disastrous 20 percent unemployment.
Dr. Fauci: CDC Testing Failure ‘Not The President’s Fault’

Dr. Fauci: CDC Testing Failure ‘Not The President’s Fault’

So far in the United States, around 30,000 coronavirus tests have been conducted by the Centers for Disease Control and Prevention (CDC) and public health laboratories.
Trump Still Has His Coronavirus Economic Stimulus Wrong

Trump Still Has His Coronavirus Economic Stimulus Wrong

If Trump's so concerned with his own reelection, he ought to let go of his ideological rigidity and embrace some of these other ideas actually designed to help the most Americans (read potential voters) as possible.
Greatest ‘Impediment to Responsibly Addressing This Crisis’ Is Trump’s ‘Own Ego’

Greatest ‘Impediment to Responsibly Addressing This Crisis’ Is Trump’s ‘Own Ego’

As state and local officials across the United States diligently take steps aimed at dealing with the coronavirus and COVID 19 outbreak--and even federal lawmakers and members of his own administration hammer out their own national responses--Donald Trump remains incapable of making any real positive contributions, according to those who are closely watching the White House and the federal response.