Open Letter to the Charleston Protestors

An Open Letter to the Charleston Protestors

“Your cause is just and we hope we can work together in the days, weeks, months, and years ahead.” ~ Robert E. Wright

robert-e-wright Robert E. Wright – June 6, 2020
Will Social Security Go Bankrupt?

Will Social Security Go Bankrupt?

“Where are we now? Is Social Security going bankrupt? Not literally, since bankruptcy law does not apply to government agencies or programs. But it is unquestionably true that Social Security is headed for a fiscal calamity.” ~ Warren Gibson

– June 6, 2020
Unemployment Drop Due to Fewer States with Lockdowns

Unemployment Drop Due to Fewer States with Lockdowns

“The drop in unemployment is almost entirely due to drops in states with lockdowns that have indefinite end dates and states that were partially or fully open as of May 16, 2020, with a bit of the drop coming from states that never had formal lockdown orders.” ~ Abigail Devereaux

– June 5, 2020
The Recovery Has Begun

The Recovery Has Begun, Ahead of Schedule

“Taken together, the most recent jobs report suggests we could see output recover to 90% or more by the end of August. That’s great news. But a complete recovery might take much longer than that.” ~ William J. Luther

– June 5, 2020
Argentina in Default, Economists Call for Good Faith Negotiations

With Argentina in Default, Economists Call for Good Faith Negotiations

“Argentina’s economic troubles are self-imposed. They are not the fault of its creditors, who just want to be repaid as promised. Any good-faith solution to Argentina’s problems must start by recognizing the real problem: large fiscal deficits.” ~ Nicholas Cachanosky

– June 5, 2020
Labor Market Rebounds as Private Payrolls Jump

Labor Market Rebounds as Private Payrolls Jump by 3 Million, Unemployment Rate Drops

More than 3 million private U.S. jobs were recovered in May, providing hope that the economy may already be bottoming, setting the stage for growth in the near future.

– June 5, 2020
Why Does the New York Times Deny the Obvious?

Why Does the New York Times Deny the Obvious?

“It was not the pandemic that blew up our lives, commercial networks, and health systems. It was the response to the virus that did that. The Times needs to learn that it cannot construct a fake version of reality just to avoid responsibility for what they’ve done. Are we really supposed to believe what they write now and in the future? This time, I hope, people will be smart and learn to consider the source.” ~ Jeffrey Tucker

– June 5, 2020
Unsung Heroes of the Coronavirus Crisis

Three Unsung Heroes of the Coronavirus Crisis

“Lesser mentioned, but integral to the attempts to wrestle life back to some version of the status quo are numerous groups of professionals and workers whose unseen efforts would be both immediately noticed and sorely missed if absent. Thank you to the three mentioned here and to the many of those who are not.”~Peter C. Earle

– June 5, 2020
Devastation Wrought on Small Business

The Devastation Wrought on Small Business

“The brutalism of the initial coronavirus lockdown orders, as well as the soft extension of the quarantine disguised as “Phased Reopenings,” have put SBO’s in an inhumane position. It’s neutered their ability to attract not only patrons, but employees.” ~ Taleed Brown

– June 5, 2020
Auto Sales Stage Partial Rebound Following A Two-Month Plunge

Unit-Auto Sales Stage Partial Rebound Following A Two-Month Plunge

Auto sales partially rebounded in May following a two-month plunge. Some areas of the economy may be bottoming, setting the stage for growth later in the year.

– June 4, 2020
Unemployment Claims Continue to Fall

Initial Unemployment Claims Continue to Fall

Continued slowing of initial claims may be a sign the economy is bottoming and setting the stage for growth later in the year.

– June 4, 2020
It’s Time for a Taxpayer Debit Card

It’s Time for a Taxpayer Debit Card

“Distributing EIP cards instead of checks should reduce the government’s costs of paying relief, speed up the payments pipeline, and provide Americans with a cheaper way of accessing funds than going to check cashing outlets.” ~ J.P. Konig

– June 4, 2020
USA in Lockdown

Unemployment Far Worse in Lockdown States, Data Show

“In general, states that were still closed on May 9 had the highest average insured unemployment rates relative to the average for that same group on March 1. The unemployment rate of fully locked down states was at least double than states that had no formal lockdown.” ~ Abigail Devereaux

– June 4, 2020

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