Category Archives: Business & Economy

Business & Economy

Biden Outlines Plan To Restart Economy, Including Testing Every Worker : Coronavirus Live Updates : NPR

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Updated at 6:25 p.m. ET

“Presumptive Democratic presidential nominee Joe Biden announced on Thursday an expansive plan to restart the economy and protect public health during the ongoing coronavirus pandemic, including federally funded testing for every worker called back on the job, guaranteed paid sick leave for workers affected by COVID-19 and a federally coordinated contact tracing workforce.”

” “Trump may have forgotten about the coronavirus, but it hasn’t forgotten about us,” Biden said at the front of a horseshoe-shaped table at a community center in West Philadelphia. “The failure to respond to the pandemic, I think the federal government has abdicated any effective leadership role.” “

Source: https://www.npr.org/sections/coronavirus-live-updates/2020/06/11/875189778/biden-outlines-plan-to-reopen-economy-including-testing-every-worker

See also: https://joebiden.com/reopening/

Biden leads Trump in Post-ABC poll as president’s coronavirus rating slips – The Washington Post

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“By Dan Balz and Emily Guskin May 30, 2020 at 9:01 p.m. PDT”

“Americans give President Trump negative ratings for his handling of the coronavirus pandemic, and as the crisis has persisted his prospects for reelection in November have eroded, with former vice president Joe Biden now holding a clear lead nationally, according to a Washington Post-ABC News poll.”

“Overall, Americans offer mixed assessments of Trump and Biden, and although the presumptive Democratic nominee is viewed less favorably overall today than he was last fall, he fares better than the president on several personal attributes. At the same time, Trump’s supporters are notably more enthusiastic and committed to voting for him in the fall than are those who currently back Biden.”

“Biden leads Trump 53 percent to 43 percent among registered voters nationally.”

Source: Biden leads Trump in Post-ABC poll as president’s coronavirus rating slips – The Washington Post

Trump’s company has received at least $970,000 from U.S. taxpayers for room rentals – The Washington Post

President Trump waves as he arrives at the White House on March 24, 2019, after spending the weekend at his Mar-a-Lago club in Palm Beach, Fla. (Oliver Contreras for The Washington Post)

“The U.S. government has paid at least $970,000 to President Trump’s company since Trump took office — including payments for more than 1,600 nightly room rentals at Trump’s hotels and clubs, according to federal records obtained by The Washington Post.”

Since March, The Post has catalogued an additional $340,000 in such payments. They were almost all related to trips taken by Trump, his family and his top officials. The government is not known to have paid for the rooms for Trump and his family members at his properties but it has paid for staffers and Secret Service agents to accompany the president.”

Source: https://www.washingtonpost.com/politics/trumps-company-has-received-at-least-970000-from-us-taxpayers-for-room-rentals/2020/05/14/26d27862-916d-11ea-9e23-6914ee410a5f_story.html

Trump’s unhinged rant about Lincoln Project ad shows his weakness – The Washington Post

(Mandel Ngan/AFP)

“President Trump’s relentless focus on the most dire public health and economic crises in modern U.S. history must be excruciatingly stressful to him, which is surely why he took a short break Monday night to unleash an insane rant about a digital ad.”

“That rant comes as new reporting indicates that Trump is rebooting his reelection strategy, to move past the coronavirus and on to his plans to rebuild our economy in spectacular fashion.”

Source: https://www.washingtonpost.com/opinions/2020/05/05/trumps-unhinged-rant-about-new-attack-ad-shows-his-weakness/

Inside Donald Trump and Jared Kushner’s Two Months of Magical Thinking | Vanity Fair


Caption: Florida governor Ron DeSantis, a close Trump ally in a crucial swing state, wanted to keep beaches open—and Trump bowed to pressure.By Steve Nesius/Reuters.

“Obsessed with impeachment and their enemies and worried about the stock market, the president and his son-in-law scapegoated HHS Secretary Alex Azar, and treated the coronavirus as mostly a political problem as it moved through the country.”

Source: Inside Donald Trump and Jared Kushner’s Two Months of Magical Thinking | Vanity Fair

Trump Plans to Suspend Immigration to U.S. – The New York Times

“The president portrayed the measure, his most wide-ranging attempt yet to seal off the country from the world, as a bid to save Americans’ jobs amid the coronavirus pandemic.”

Source: https://www.nytimes.com/2020/04/20/us/politics/trump-immigration.html

‘Nothing to worry about’ and ‘it’s being contained’: How Trump officials downplayed the coronavirus – CNN Politics

A day after the White House requested $1.25 billion in emergency funding to address the growing worldwide coronavirus crisis, Larry Kudlow, the President’s chief economic adviser, appeared on CNBC.

Source: ‘Nothing to worry about’ and ‘it’s being contained’: How Trump officials downplayed the coronavirus – CNN Politics

White House rejects bailout for Postal Service battered by coronavirus – The Washington Post

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By Jacob Bogage 
April 11, 2020 at 8:41 a.m. PDT

Through rain, sleet, hail, and even a pandemic, mail carriers serve every address in the United States, but the coronavirus crisis is shaking the foundation of the U.S. Postal Service in new and dire ways.

The Postal Service’s decades-long financial troubles have worsened dramatically, as the volume of the kind of mail that pays the agency’s bills — first-class and marketing mail — has withered during the pandemic. The USPS needs an infusion of money, and President Trump has blocked potential emergency funding for the agency that employs around 600,000 workers, repeating instead the false claim that higher rates for Internet shipping companies Amazon, FedEx and UPS would right the service’s budget.

Source: White House rejects bailout for Postal Service battered by coronavirus – The Washington Post

The $2 trillion CARES Act, a response to COVID-19, is equivalent to 45% of all 2019 federal spending – USAFacts

Screenshot_2020-04-15 USAFacts Nonpartisan Government Data

Our nation, in numbers. USAFacts provides a comprehensive, nonpartisan view of the state of our union.

Source: The $2 trillion CARES Act, a response to COVID-19, is equivalent to 45% of all 2019 federal spending – USAFacts