36 million people have now sought jobless aid in just the two months since the virus first forced businesses to close down and shrink their workforces even though most states have now begun to let some businesses reopen.
The ongoing hemorrhage of jobs has heightened concerns that more government aid is needed to sustain the economy through the deep recession.
Without another rescue package, many economists worry that thousands of small businesses will go bankrupt, leaving millions of the unemployed with no livelihood to return to.
Instead, the Democratic-controlled House is still playing games, pressing ahead with votes on another massive rescue bill that would pump almost $1 trillion to states and local governments, renew $1,200 cash payments for individuals, and extend a $600 weekly supplemental federal unemployment benefit. It’s expected to pass on party lines. But the White House and Republican leadership are opposed.
About the Author
Agree, because I’ve witnessed it on both sides.
And they will be somewhere else enjoying the fruits of their profits when it happens! Another age-old story!
What happened to the party of peace and love? There never was one! They sure have become the party of…
And such hatred is a condition glamorized by the media
I grew up in Princess Anne County, later Virginia Beach. My father was on the city planning commision. He had…