Reports Show Trump Economy Is Resilient

UNITED STATES−On Friday, July 30, the Bureau of Economic Analysis (BEA) released the advanced estimate of the U.S. GDP for the second quarter, which reflects the months of April, May, and June. Real GDP contracted at a rate of -32.9 percent. President Trump Although the reports showed the largest quarterly decline since 1947, it also indicates the resiliency of…

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Climate Emergency making you Poor: Coastal Flooding may cost up to 20% of Global Economy in coming Decades

By Ebru Kirezci | – Over the past two weeks, storms pummelling the New South Wales coast have left beachfront homes at Wamberal on the verge of collapse. It’s stark proof of the risks climate change and sea level rise pose to coastal areas. Our new research published today puts a potential price on the future destruction. Coastal land…

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The ultimate guide to career success during a recession: How to find a new job, land a raise, and build your résumé, even when the economy goes south

If you’re going through a hard time in your career, you’re not the only one. Millions of Americans are suddenly out of work, and those still holding jobs are seeing their workplaces undergo major changes. Business Insider has written the ultimate guide for career success during the recession, designed to help no matter what stage of your career you’re…

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For A Fairer Economy, America Needs A Stronger Labor Movement

This article was produced by the Independent Media Institute. Thrown out of work by the COVID-19 recession, hundreds of thousands of unemployed North Carolina residents now risk losing their lights and air-conditioning as well. Because their wages failed to both cover regular expenses and let them save for emergencies, these workers had no financial cushion to soften the blow…

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Why looking at the stock market won’t give you full picture of US economy

Between the federal government and the Federal Reserve, about $10 trillion has been pumped into the US economy to prevent a pandemic-fueled economic collapse. Judging by the stock market, you would think we’ve sidestepped a 2008-size disaster. But stocks, at least in the short run, are rarely a good indication of what’s festering inside the US economy. A better…

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Government Warning: “One Way Or Another, The Economy Is Going To Lockdown Again” » Sons of Liberty Media

The ruling class has been warning us what’s coming, and still few are listening. Paul Krugman, infamous Kenysian even said: “one way or another, the economy is going to lockdown again.” That’s not a threat either. Rest assured, that’s a promise. The elitists who use the puppets in the ruling class have been advertising their moves for a long…

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Washington’s incompetence threatens Maine’s economy

Maine has clearly avoided the worst of the global pandemic and accompanying economic crisis thus far, with an unemployment rate and cases per capita among the lowest in the U.S. But this could quickly come to end due to a Congressional crisis that was entirely avoidable. While our crisis and need for economic life support continues, generous unemployment benefits,…

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COVID-19 Crisis Failure, People Must Save Themselves And The Economy – PopularResistance.Org

COVID-19 Crisis Failure, People Must Save Themselves And The Economy By Kevin Zeese and Margaret Flowers, Popular Resistance. COVID-19 Crisis Failure, People Must Save Themselves And The Economy2020-08-022020-08-02https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/08/covid-test-positive-from-shutterstock-e1596403076579.jpg200px200px Above photo: Positive COVID-19 Test. Shutterstock. The US is at a moment of truth. This week, Congress has to face up to a pandemic that is out of control and an…

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