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bigtree

(85,996 posts)
Fri Aug 7, 2020, 12:51 PM Aug 2020

There's nothing in today's jobs report to encourage republicans to delay stimulus

Today's unemployment report shows hiring slowing and permanent job loss numbers flat. Congress can't look at the permanent job loss and 3ml lower drop in claims from July's 4.8% to 1.8% in June, and conclude stimulus isn't needed, as some are suggesting today. Don't forget, the economy contracted at a record rate last quarter (32.9%)

Still down over 12 million jobs since February, as well...















13 replies = new reply since forum marked as read
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There's nothing in today's jobs report to encourage republicans to delay stimulus (Original Post) bigtree Aug 2020 OP
Why wasn't Schumer wearing a mask? LizBeth Aug 2020 #1
gotta love du, lol bigtree Aug 2020 #3
I am living off savings because I am old and cannot go back to work. I am very much interested in LizBeth Aug 2020 #5
Schumer should definitely be wearing a damn mask. bigtree Aug 2020 #11
lol, thank you. LizBeth Aug 2020 #12
Yes, he needs to be setting an example. No slacking off with the masks are a neccessity message. brush Aug 2020 #6
+1 LizBeth Aug 2020 #7
I agree with Andy823 Aug 2020 #2
He, his family and crony friends made out like bandits on the large tax cut for the rich,... magicarpet Aug 2020 #8
Oh you silly bigtree underpants Aug 2020 #4
the election's the thing bigtree Aug 2020 #9
😆 underpants Aug 2020 #10
You Said It! ProfessorGAC Aug 2020 #13

bigtree

(85,996 posts)
3. gotta love du, lol
Fri Aug 7, 2020, 12:55 PM
Aug 2020

...I had all these economic arguments swirling around in my head.

Good question, tho...

LizBeth

(9,952 posts)
5. I am living off savings because I am old and cannot go back to work. I am very much interested in
Fri Aug 7, 2020, 01:02 PM
Aug 2020

this subject. But was so glaring and is one of the reasons I sit at home not working and living off savings. People NOT wearing a damn mask getting this under control.

bigtree

(85,996 posts)
11. Schumer should definitely be wearing a damn mask.
Fri Aug 7, 2020, 02:04 PM
Aug 2020

...I have one on my entire shift, 5 nights a week.

Hope they get off their assets and get you some relief right away!

brush

(53,776 posts)
6. Yes, he needs to be setting an example. No slacking off with the masks are a neccessity message.
Fri Aug 7, 2020, 01:04 PM
Aug 2020

He should keep one on him at all times and only take it off in public to maybe, maybe speak into a mic.

Andy823

(11,495 posts)
2. I agree with
Fri Aug 7, 2020, 12:55 PM
Aug 2020

what others here on DU are saying, this is all about doing the payroll tax cut thing. He knows he can't get that in a stimulus bill, so he is doing it with the executive order.

If he really wanted to do the right thing, he would take back the huge tax cut he gave the millionaires and billionaires, but we know that won't happen!

magicarpet

(14,146 posts)
8. He, his family and crony friends made out like bandits on the large tax cut for the rich,...
Fri Aug 7, 2020, 01:06 PM
Aug 2020

... same applies to the "small" business loans that transition into grants for the stimulus payments he wanted to keep top secret.

All for me,.... none for you or you low class slobs.

underpants

(182,791 posts)
4. Oh you silly bigtree
Fri Aug 7, 2020, 01:02 PM
Aug 2020

You are talking about reality. They haven’t seen that for years.

Rents are getting a lot of attention (should have been back in March/April) right now but what’s really looming are the holidays. Yeah hey are after the elections so there’s a lot of tunnel vision but if their isn’t money flowing in October we are going to see a serious storm. Oh and flu season too. There’s that.

bigtree

(85,996 posts)
9. the election's the thing
Fri Aug 7, 2020, 02:01 PM
Aug 2020

...republicans are still without any bill at all to show Americans they care about us before we vote.

House Dems already passed their bill which republicans must reconcile their Senate bill with. They must know if they go into the election w/empty hands, voters will make them pay.

I know they went home for the weekend, but I think they'll get back on their horses and ride on Monday.

ProfessorGAC

(65,013 posts)
13. You Said It!
Fri Aug 7, 2020, 02:29 PM
Aug 2020

That "lower than expected" number of new claims is 4.5 times what it was 8 months prior.
Not exactly good economic news.
They keep getting "lower than expected" numbers.
Could it be that they're willfully overestimating, so the numbers keep looking "better than expected" instead of what they are: dreadful.

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