Remember back just a few short weeks ago when Congress passed the CARES Act and we were told that the Paycheck Protection Program (PPP) – “the largest distribution of taxpayer money in human history” – would be transparent and accountable to the public? It was even written into the law, and is clearly disclosed on … 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
So much bullshit comes out of the Trump White House every day that I’m going to need a bigger shovel to dig out and try to explain what is actually going on. The latest is a complex innovative policy initiative that, in my opinion, is badly branded by criminal justice reformers: “defund the police.” Could … Read more
The United States is about to lose a cherished American institution and essential service, and some 630,000 U.S. Postal employees during depression-level unemployment because Donald Trump and Republicans want to kill the U.S. Postal Service (and along with it voting by mail). The Washington Post reports, White House rejects bailout for U.S. Postal Service battered … Read more