The Republicans didn't sacrifice anything to support the American people. I am grateful there is oversight and transparency.
People won't go to church based on an arbitrary date. As a matter of fact, I would expect our elderly to be very hesitant to go to church until they are CONFIDENT the danger has passed.
March 24, 2020
By Hannah
Washington education officials have a new message for the state’s schools: buildings may be closed, but school must go on.
The state’s Education Department released guidance Monday that calls on school districts to provide some form of instruction while schools are closed because of the novel coronavirus.
The guidance represents the first time the state has said across-the-board, some form of instruction is mandatory. Districts must resume class in some format by March 30, a spokesperson for the state Education Department said. Beyond that, the state offered few mandates of what instruction should look like.
“Although schools are closed and are not providing traditional in-person instruction, education must continue,” the new guidelines read. “We have an obligation to our students to provide them with opportunities to continue their learning during this pandemic.”...
LSU is postponing graduation because of COVID-19.
March 21, 2020
By Lori Rachl
The artsy 21c Museum Hotel (click here) made its River North debut in February. A little over a month later, the 297-room property has gone dark.
One of the largest hotels in the city will soon follow suit. The 1,544-room Hilton Chicago is notifying guests that it will suspend operations as of Friday, Hilton spokeswoman Laura Ford said....
By Anthony McCauley
Joe Jaegar sits at his desk in Metairie, La.
Joe Jaeger, (click here) the largest single owner of hotels in New Orleans, said he is in survival mode after suspending operations and furloughing more than 500 workers at his main hotel group because of the nationwide shut-down to contain the coronavirus pandemic.
The hundreds of furloughed employees worked in Jaeger's "J Collection" group of 19 hotels, which includes the 207-room Jung hotel and Residences on Canal Street, as well as a dozen boutique hotels in the French quarter, such as The Bourbon on Orleans Street and the Melrose Mansion on Esplanade Avenue. The group also includes hotels outside the city, such as the Nottoway Plantation in White Castle, which Jaeger's MCC Group acquired last year....
They are not job losses. The Ameican work force is on a Mass Lay Off until COVID-19 has been removed as a danger. This is not the global economic collapse of 2008. The financial markets DON'T GET IT!
The financial sector is going to have the ability to get large amounts of money from the Trump Deal and they don't know what to do with it. The money will never be applied in a way that actually TRICKS DOWN to the American worker. It is why the Democratic leadership has brought forward a package for the Amerian worker.
The facts are that as soon as the American workers start receiving unemployment pay, the economy will rebound and it has nothing to do with the financial sector. The monies the financial sector will receive is Christmas money. The companies that lost stock price because Wall Street lost it's nerve will never see the money that Trump is providing to the financial sector.
When the American worker spends money, then the stockbrokers will again purchase companies' stock and the price will go back up. But, the financial sector is ALWAYS the worse place to put money as an economic stimulus. The monies The Fed and the USA Treasury secretary will provide to the financial sector will never benefit the USA economy directly. As a matter of fact, the brokers will be looking for opportunities on other continents with their Christmas money.
President Obama needed to legislate a stimulus bill AFTER the monies from TARP were paid because TARP money was a Christmas present and never did anything to the USA economy.
The Democrats stiffened their backbone this time and finally, the American worker won relief.
March 24, 2020
By Carmen Reinicke
Economists (click here) are predicting historic job losses in the US labor market as the coronavirus pandemic rages on.
Morgan Stanley chief US economist Ellen Zentner expects that jobless claims released on Thursday will be 3.4 million, she told CNBC during a Tuesday interview. Thursday's report from the Department of Labor will show unemployment claims for one week ending March 21.
Job losses of more than 3 million in one week is "incredible," Zentner told CNBC. "It's a stop in economic activity."...
They don't get it. There won't be a prolonged recession now that the American worker is going to receive extended time for unemployment payments. Small business is the backbone of this country.
March 24, 2020
By Ben Winck
The coronavirus pandemic (click here) fueled the biggest US economic slump on record in March, according to data from analytics firm IHS Markit.
The company's composite purchasing managers index slipped to 40.5 from 49.6 in February, marking an all-time low for IHS Markit's metric and its steepest single-month drop since October 2009. The composite gauge tracks the nation's manufacturing and services sectors.
The report is among the first economic data releases to reflect the pandemic's economic toll in the US....
A Texas Lt. Governor and FOX news is advocating euthanasia. That is what it is, withholding medical treatment is passive euthanasia (click here). This is the danger of nationalism. Money for Wall Street. Where is the money for the American worker and the treatment of those suffering from COVID-19.
