The last president of the Confederacy, Donald J. Trump, is threatening to veto the Defense Authorization Act to defend long-dead Confederate traitors who committed treason against the United States: When it was reported that high-ranking Army officials are open to stripping the names of Confederate generals from military posts such as Fort Bragg, Fort Benning … Read more
Elected officials were all warned by economists — serious economists, not those asshats in the White House Council of Economic Advisors — that opening up the economy too soon would result in a resurgence of the coronavirus spread, inevitably leading to the necessity of shutting down the economy again, a far worse result with more … Read more
Alarming surges in coronavirus cases across the U.S. South and West raised fears Monday that the outbreak is spiraling out of control and that hard-won progress against the scourge is slipping away because of resistance among many Americans to wearing masks and keeping their distance from others. Surging US virus cases raise fear that progress … Read more
On Friday, Trump used a flawed unemployment report showing showing some two million jobs returned to the economy as a reason to launch his Russian-style dezinformatsiya campaign ad, “The great American comeback has begun”. Actually, A ‘misclassification error’ made the May unemployment rate look better than it is: “The special note said that if this … Read more
Congress recently sweetened the terms for businesses seeking loans to survive the economic impact of the coronavirus pandemic with the passage of the Paycheck Protection Program Flexibility Act of 2020, amending the original PPP loan program enacted as part of the CARES Act (summarized): The SBA had previously provided that PPP loans would have a … Read more