User: newstrust Topic: US Economy
Category: Jobs
Last updated: Jul 07 2020 23:25 IST RSS 2.0
 
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COVID-19 was Trump’s ‘first significant test — and he flunked it with flying colors’: Paul Krugman 7.7.2020 Raw Story
In a series of tweets on Tuesday morning, Nobel Prize-winning economist Paul Krugman stated that Donald Trump coasted for the first three years of his presidency on a solid economy and high employment numbers left to him by his predecessor, former President Barack Obama, but when faced with the first real crisis of administration, he […]
Jared Kushner, Trump’s Golf Buddy and McConnell’s In-Laws Cashed In on PPP Loans 7.7.2020 Truthout.com
Jared Kushner, Trump’s Golf Buddy and McConnell’s In-Laws Cashed In on PPP Loans
New House Bill Would Tax Wall Street Windfalls to Guarantee Good Jobs 7.7.2020 Truthout.com
Sponsored by Rep. Ilhan Omar, the Workforce Promotion and Access Act would ensure jobs that pay at least $15 per ...
A historian explains how America will collapse by 2025 — using 4 different scenarios 7.7.2020 Raw Story
This story first ran in December, 2010.  A soft landing for America 40 years from now? Don’t bet on it. The demise of the United States as the global superpower could come far more quickly than anyone imagines. If Washington is dreaming of 2040 or 2050 as the end of the American Century, a more […]
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Is the COVID-19 pandemic cure really worse than the disease? Here’s what our research found 7.7.2020 Raw Story
The Research Brief is a short take about interesting academic work. The big idea The coronavirus pandemic catapulted the country into one of the deepest recessions in U.S. history, leaving millions of Americans without jobs or health insurance. There is a lot of evidence that economic hardship is associated with poor health and can increase […]
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Trump’s ‘chaos’ campaign is floundering and he has nowhere else to go: conservative 6.7.2020 Raw Story
In her column for the Washington Post, ‘Never-Trumper” conservative Jennifer Rubin said that Donald Trump’s attempt to rile up voters with racist rhetoric and threats of “anarchists” destroying what the founders built is falling on deaf ears as his poll numbers continue to slide. Worse yet for the president is that it is not sustainable […]
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Treasury identifies 650,000 small businesses that received Paycheck Protection Program loans 6.7.2020 Chicago Tribune: Business
The Treasury Department on Monday released the names of companies that got more than $150,000 from the government's small business lending program. Those firms made up less than 15% of the nearly 5 million small companies that received PPP loans.
Facebook and Its Big Tech Cronies Are Upgrading Their Anti-Union Tools 6.7.2020 Truthout.com
Facebook is the latest big tech company to join Google and Amazon in creating spyware to snoop on employee ...
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‘Sheer lunacy’: Trump rushed to reopen America — and now COVID is closing in on him 6.7.2020 Raw Story
Donald Trump said last Thursday’s jobs report, which showed an uptick in June, proves the economy is “roaring back”. Rubbish. The Labor Department gathered the data during the week of June 12, when America was reporting 25,000 new cases of Covid-19 per day. By the time the report was issued last week, that figure was 55,000. […]
López Obrador heading to Washington to meet Trump amid controversy 6.7.2020 L.A. Times - World News

Mexican President Andres Manuel Lopez Obrador's first foreign trip stirs controversy on both sides of the border.

Historian Doris Kerns Goodwin hands Trump an impossible task if he wants to win the presidency in 2020 6.7.2020 Raw Story
Presidential historian Doris Kerns Goodwin revealed a crucial task all presidents must accomplish to get reelected, particularly in a time of crisis. Speaking to MSNBC’s Kasie Hunt on Sunday, Kerns Goodwin explained that the country faces several major issues, and most Americans are searching for a way to move forward together. “In some ways, the […]
More American gig workers facing competition for work as COVID-19 ravages economy, all while trying to avoid virus themselves 5.7.2020 Chicago Tribune: Business
Gig workers are clamoring for jobs that often pay less while facing stiff competition from a crush of newly unemployed workers - all while trying to avoid contracting the coronavirus.
Minor League Teams Could Be Latest Casualties of COVID’s Disaster Capitalism 5.7.2020 Truthout.com
Minor League Teams Could Be Latest Casualties of COVID’s Disaster Capitalism
What mainstream media isn’t telling you about the risks of reopening 5.7.2020 Raw Story
Since this article was published in the Tampa Bay Times (5/28/20), the average daily number of new Covid-19 cases in Florida has risen nearly tenfold. In the second half of June, the story of the United States’ coronavirus pandemic began to shift dramatically, as a massive surge in new infections took hold, particularly across states […]
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Rev. Dr. Barber: We Need Reconstruction, Not A ‘Back To Normal’ Economy 5.7.2020 Crooks Liars
The Reverend Doctor William Barber called for a third reconstruction in the U.S. and pointed out how the pre-COVID “normal” economy was “already a struggle” for too many. While Donald Trump hypes the latest jobs report and stock market gains, people who live and work on Main Street, not Wall Street, know that our economy was sick before the coronavirus pandemic and it still is . Appearing on AM Joy this morning, Dr. Barber issued a powerful call to use this moment for economic transformation. BARBER: The Poor People's Campaign, over 2.7 million people, joined our assembly a few weeks ago to say this nation, this nation has to move away from this neoliberal concept and start looking at how we address 140 million people living in poverty. It's not a matter of Democrats or Republicans. All of us have to do that. If you listen to our political debates, you don't hear the word “poverty.” I wish, even as we were talking about in the midst of what must be done on July 4th, it's race and poverty. It's not is it ...
Two demonstrators face charges after Elijah McClain protest in Aurora early Saturday morning 5.7.2020 Denver Post: Local
Aurora police arrested or cited two people early Saturday morning during a protest calling for the firing of officers involved in the death of Elijah McClain. The protest began Friday evening when demonstrators marched on the department’s District 1 station, where they declared they will peacefully remain until all of the officers involved in the […]
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Bishop Barber: We Need Reconstruction, Not A ‘Back To Normal’ Economy 5.7.2020 Crooks Liars
Bishop William Barber called for a third reconstruction in the U.S. and pointed out how the pre-COVID “normal” economy was “already a struggle” for too many. While Donald Trump hypes the latest jobs report and stock market gains, people who live and work on Main Street, not Wall Street, know that our economy was sick before the coronavirus pandemic and it still is . Appearing on AM Joy this morning, Bishop Barber issued a powerful call to use this moment for economic transformation. BARBER: The Poor People's Campaign, over 2.7 million people, joined our assembly a few weeks ago to say this nation, this nation has to move away from this neoliberal concept and start looking at how we address 140 million people living in poverty. It's not a matter of Democrats or Republicans. All of us have to do that. If you listen to our political debates, you don't hear the word “poverty.” I wish, even as we were talking about in the midst of what must be done on July 4th, it's race and poverty. It's not is it race or ...
Schools, Daycare, and COVID-19 4.7.2020 Outside the Beltway
The emotional and economic impact of the pandemic is hitting women especially hard.
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How a PG&E Contractor With a Sketchy Past Made Millions After California’s Deadliest Fire 4.7.2020 Mother Jones
This story was published originally by ProPublica, a nonprofit newsroom that investigates abuses of power. Sign up for ProPublica’s Big Story newsletter to receive stories like this one in your inbox as soon as they are published. It was a last-ditch effort to save a scofflaw business. For years, the owners of Bay Area Concrete […]
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Despite Job Gains in June, Recovery Will Slow Without Congressional Action 3.7.2020 Truthout.com
Despite Job Gains in June, Recovery Will Slow Without Congressional Action
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