The latest jobs figures showed that employment in the U.S. surged 2.9% in May – the biggest one-month gain ever recorded going back to 1948. Little wonder that Trump would break out the 'We’re Number [One]' tweet.
It is no wonder ... that not only the Republican administration but also the Democratic opposition has accepted the need for even greater support of economic activity through fiscal policies.
If America’s employment crisis drags on, it will deal a severe blow to the world economy.
It seems that large wealth is immune to the economic crisis triggered by COVID-19. According to Forbes Magazine, there are 607 billionaires in the United States, defined as people whose wealth exceeds $1 billion. Far from undermining their wealth, the economic crisis brought on by the pandemic is actually driving it. [Read more]
Entire economic sectors are on the verge of collapse, in spite of the federal government’s generous subsidies.
Americans are realizing the con that their populist leader is pulling by trying to take advantage of the rest of the world.
[T]he inability to test for the disease on a mass scale makes any effort to resume normal life a step into the dark.
With the possibility of biological warfare now a reality, a serious complication for China will be its image, suspicions of its role and whether it shared pertinent data about the pandemic with the world in time.
Trump has a lot of influence over the country’s response to Covid-19, for better and worse. But thankfully, one thing he cannot do is order states to change the restrictions they’ve put on the public ...