The White House is making absurd claims about the number of jobs saved.
Category - Economy
Ending Pandemic Unemployment Could Cost 3 Million Jobs
Republicans could cause a second, minor recession if they don't budge.
Unemployment Claims Remain High, Barely Budge
And new lockdowns may be looming.
Unaccountable Program Becomes More Unaccountable
We may never know who has received PPP funding.
Trump’s Top Economic Adviser Doesn’t See Racism
Economic racism is leading to wider racial disparity even today, but Larry Kudlow doesn't see it.
Trump’s Recession Predates Pandemic Spread, Lockdowns
Trump's recession started before any states shut down their economy.
Unemployment Not As Low As Advertised
Unemployment was actually 3 points higher last month.
There It is
Republicans say we don't need any more spending.
Trump Declares Victory On Misleading Jobs Report
The labor situation improved for some people, but for others it got worse.
Consumer Spending And Exports Collapse
And Trump could make matters worse with his rhetorical war with China.
State Budget Cuts Push Unemployment Higher
And Republicans have deliberately chosen to let it happen.
Businesses Largely Stop Applying For PPP Loans
The Paycheck Program has gone negative as applications cease and loans are returned.
“human capital stock”
White House adviser Kevin Hassett says everyone would return to work if not for social distancing.
“Things are starting to turn — that’s my take”
Don't worry, the White House has decided that everything is Great Again.
‘No one meets the criteria’
CDC officials say no one that's reopening right now meets their guidelines.
“Main Street” Loan Program to Benefit Neither Main Street or Workers
The Paycheck program is bad, but this one might be worse.
Kudlow’s ‘No Stimulus’ Pledge Lasted Three Days
Kudlow said they wouldn't talk to Congress, but they are, in fact, talking to Congress.
Paycheck Loans Given To Corporations Flush With Cash
Some companies with enough cash for all of 2020 got emergency loans.
Unemployment Climbs, Kudlow Says No Stimulus
The Trump White House thinks things will return to normal this month.
Trump Wants Tax Cuts For Non-Existent Payrolls
A tax cut would do nothing for people with no jobs.