1.3 Million Jobless Claims Filed Last Week

The Department of Labor reported on Thursday morning that 1,300,000 unemployment claims had been filed in the week ending on July 11.


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=1320779

Ivanka:
“Find something new”

MoscowMitch:

McConnell and his fellow Senate Republicans don’t want to extend the bill’s extra-$600-a-week unemployment benefits, which were enacted in March but will otherwise expire on July 31. They argue the benefits are higher than what low-income workers are likely to earn on the job, so the money is a disincentive to work.

Trump:
Selling Goya beans on top of the Resolute desk in the WH!

Addendum:

https://www.washingtonpost.com/business/2020/07/16/9-charts-that-show-good-bad-alarming-this-early-economic-recovery/

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You’ve got to admit it’s getting better all the time.

/s

ETA: It’s all I can hear in my head at the moment. Especially the “It can’t get no worse”.

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I know that the monthly jobs report numbers are always a little off and have to be revised, but the unemployment numbers must be too. The stories about how much time and effort that those who have laid off in just trying to submit an application is horrendous.

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Just wait til the massive evictions start because of the millions now un- or under-employed in the GreatTrumpDepression.

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New claims up, continuing claims down, still at 11.1% unemployment. And expanded federal benefits end in two weeks. I don’t think people are going to have much success in their quest to “find something new.”

I imagine Phase 4 is going to become a priority topic in Congress very soon. I sincerely hope the D’s are ready to put up a fight, rather than simply bend to the will of R demands. The talking points laid out by Navarro are a non-starter, mostly benefits to businesses and the already wealthy.

What obviously works is getting money directly into the hands of the people who need it, via checks and/or expanded benefits. This also helps Trump and all R’s facing re-election because voters vote on their economic situation more than just about anything else.

I’m not saying D’s should sacrifice the people in this country who need help. I’m saying they should play hardball. Begin with crumpling Navarro’s “priorities” up and dropping them in the trash. Then say, “direct payments to households - that’s it. If you don’t want to do that, then go give a big warm hug to your sinking ship economy, we’ll see you on Nov. 4.” If they want to negotiate, then talk about expanded $$ to schools to help them reopen safely, successfully, logically and sanely, so working people can go back to their jobs.

Direct payments are what works, what this country needs, and what the people/voters want and need. If R’s want to go out and say they can’t do that, it’s untenable, let them. They will lose that PR battle, just like they always do.

Edit: they can also open the discussion on a new tax reform, to pay for all this new debt we are accruing. Might as well broach the subject.

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Henceforth, all jobless claims reports must now go directly to the Oval Office and nowhere else.

So declared this day by King Donnie of Orange.

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.
Shorter Mitch
Back to the salt mines you fucking slackers

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" 1.3 Million Jobless Claims Filed Last Week"

All these events are on a continuing roll from Trump,each day another dragging down of our country.

I, for one, am tired of all this winning. And surely we’re due for much more of it.

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I don’t disagree… but, IMO it is getting better because it is getting worse for Trump, and who knows how he will lash out

I’m so glad to see further proof that the economy is roaring back. P soon, the number of Covid infections will match the number of unemployment claims, and with more people dying, there will be plenty of jobs.

Trump will still take the victory lap as his supporters and others like them start facing eviction because those limits have expired.

Are you better off than you were six months ago?

In related news, Wells Fargo ratfuckery continues to flourish…

Rome burns.

Excellent interview with Jane Mayer on Fresh Air yesterday digging into the politics, money trail and needless death and destruction at a particular chicken processing plant. I would highly recommend it if you aren’t feeling sufficiently suicidal yet.

I honestly hope that Congressional Dems go along the lines of…

“Find something else.”

“OK. We’re proposing a 21st C version of the WPA. Government can help you with find something else”. From what I’ve heard, Biden is on the right track already with this.