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New Normal | Same old BULLSHIT since Ever | More Gibs for the Rich and Less For YOU
The New Normal will be LESS FOR YOU and more for the ESSENTIAL PEOPLE -- Plebes! #PlanDemic #ChinaVirus #CoronaVirus ... Defend the poor and fatherless: do justice to the afflicted and needy.
4 Deliver the poor and needy: rid them out of the hand of the wicked. .... Do this and be son's of the most high.
Be not like this son's of Perdition.
Quote -- The government’s latest report pointed to lasting job losses. Even with states
reopening, “the hemorrhaging has continued,” he said.
“I fear that maybe there is something more fundamental going on,”
particularly in occupations most affected by social distancing rules, Mr. Slok
added. He expects the official jobless rate for May to approach 20 percent, up
from the 14.7 percent reported by the Labor Department for April.
A household survey from the Census Bureau released Wednesday offered
further evidence of the widespread pain: 47 percent of adults said they or a
member of their household had lost employment income since mid-March.
Nearly 40 percent expected the loss to continue over the next four weeks.
Nonetheless, Larry Kudlow, director of the National Economic Council,
knocked down the idea of extending unemployment benefits. “I do not
believe that more government spending is going to give us a strong and
durable recovery,” he said Thursday at an event sponsored by The
Washington Post.
Emergency relief and expanded unemployment benefits that Congress
approved in late March have helped tide households over. Roughly threequarters
of people who are eligible for a $1,200 stimulus payment from the
federal government have received it, according to the Treasury Department.
Workers who have successfully applied for unemployment benefits are
getting the extra $600 weekly supplement from the federal government, and
most states have finally begun to carry out the Pandemic Unemployment
Assistance program, which extends benefits to freelancers, self-employed
workers and others who don’t routinely qualify. The total number of new
pandemic insurance claims reported, though, was inflated by nearly a million
because of a data entry mistake from Massachusetts, according to the state’s
Executive Office of Labor and Workforce Development.
The $600 supplement has become a point of contention, drawing criticism
from the White House and Republican congressional leaders who object to
the notion that some workers — particularly low-wage ones — are getting
more money in unemployment benefits than they would on the job. But many
have also lost their employer-provided health insurance and other benefits.
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Anything that might help you but NOTHING is too good for them! BULLSHIT!
Cover is how you handle this issue -- Hang Em High!
Category | News & Politics |
Sensitivity | Normal - Content that is suitable for ages 16 and over |
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