Incoming president Joe Biden is facing many issues when he is sworn in on January 20. Among the issues is a challenging relationship with México. Andrés Manuel López Obrador, colloquially known as AMLO has two years left as president of México. Biden not only faces the Covid-19 pandemic and the resulting economic problems, but the… Read More Joe Biden Faces Challenges With Mexico
Donald Trump ordered a payroll tax holiday for all workers through the end of the year. But like all Trump directives not all is what it seems. On September 1, workers were supposed to start seeing a 7.65% bump in their paychecks. Trump had ordered that the Social Security (6.2%) and Medicare (1.45%) payroll taxes… Read More Trump Payroll Tax Is Not Trickling Down To Workers
Does Donald Trump have a chance to win on Election Day? The economy is in shambles, notwithstanding the booming markets. Most voters do not benefit directly from a stock market rally. For most voters, the stock market is just numbers scrolled across screens. The real metric for voters is their jobs. Do they have jobs… Read More Will There Be a Vaccine for Election?
The 2020 presidential election will come down to one poignant thing – the facemask. The country is divided by different social and economic problems. The two sides are hoping their candidate, either Joe Biden or Donald Trump comes out victorious in November. The ideology driving both sides is a complex mismatch of several political issues… Read More The Mask Election
Downtown Orlando has been dead for about six months now. It used to be a vibrant and active community with office workers in the daytime and party goers at night. Restaurants abounded everywhere. Now, restaurants are few and people are scarce. Downtown Orlando has become a ghost town. The Houston Chronicle reports the same for… Read More Covid-19 Killed Smart Growth
In response to the Covid-19 emergency and because Congress has been unable to pass new legislation to help the economy, Donald Trump issued several executive orders on August 8. One of them was the Payroll Tax Deferral Memorandum. The so-called payroll tax holiday reduces that taxes withheld on employee paychecks from September 1 through the… Read More Payroll Tax Holiday – What It Means To You And Your Company
The video conferencing app that most schools relied upon earlier this year to offer online classrooms before the summer break went down yesterday. Because of the Covid-19 pandemic, most schools across America are offering hybrid virtual/in-person classrooms for the fall semester. Schools are reopening their fall semesters this month and the next. Yesterday, Zoom users… Read More Schools Are A Single-Point of Failure From Collapse
Congress is in its summer recess while the American economy faces further devastation. Covid-19 has devastated the American economy with the closure of businesses resulting in the worst unemployment rates since the Great Depression. Without workers churning out products and services the American economy falters in place. The problem – in its simplest terms –… Read More Congress Devastates Economy Further
Some readers may be thinking that their paychecks will be going up now that Donald Trump signed an executive order ordering a payroll tax holiday for everyone. What Trump has ordered is a 6.2% payroll bump in your paycheck starting on September 1. The order says it will last until December 31. What this means… Read More So You Think You Have A Payroll Tax Holiday Coming Up
We tend to look at the disruption caused by the pandemic in terms of our personal lives and economic realities. Many parents are dealing with how their children will be attending school. Some are looking at online schooling for the rest of the year while others are trying to figure out whether to commit to… Read More Covid-19 Disrupting More Than Life, Businesses And Schools
Really? What is wrong with Americans? The Centers for Disease Control issued a “formal warning” about the dangers of drinking hand sanitizer. You read that right, the CDC, tasked with protecting Americans from bad drugs, was forced to tell Americans not to drink hand sanitizer after four people had died and another dozen were poisoned… Read More What Is Wrong With Americans?
Businesses are at the epicenter of the mask controversy. Businesses are facing many problems because of the pandemic. At the center of weathering the economic crisis is the legal liability that Covid-19 has unleashed upon business owners. To open or not to open. To keep the payroll intact, furlough workers or layoff the team. Will… Read More The Politics of Business Liability
I started writing this as soon as I hung up the telephone. The caller, whose name is unimportant, had called to tell me that I needed to stop. The caller was angry with me, actually they were angry with what I was writing about. The caller wanted me to stop. The reason I started writing… Read More Stop Pretending Normal Will Return
In the coming days, the federal unemployment subsidy will expire. The subsidy provides $600 a week in unemployment benefits to workers impacted by the pandemic. The federal eviction moratorium will also be ending. Both are scheduled to end this week. Congress is now considering two competing stimulus packages with the House Democrats pushing a $3.5… Read More The Rental Eviction Tsunami
The Coronavirus pandemic was going to “magically disappear” was what Donald Trump was hoping for. It didn’t. Instead it is re-surging and the American economy is under more pressure to reopen. As if that wasn’t enough, both Trump and the Republicans need a strong economy in November for them to succeed at the ballot boxes.… Read More Second Stimulus Package On the Way, But At What Cost?
Those hoping for an economic rebirth to happen in 2020, after the pandemic emergency ends, need to rethink their dream. It is not going to happen. Many are likely arguing that Wallstreet is booming so the economic outlook must be good. Looking closely at Wallstreet it soon becomes apparent that in between the headlines of… Read More The 2020 Economy Is Dead
One of the problems with dealing with issues such as racial topics or police problems is that many people have a problem with leaving their comfort zones of all appears well. Tackling social problems means having to look inward and among our friends and look at things from a critical thinking point of view. It… Read More Time To Get Out of Your Comfort Zone
Banks have been trying to get bank consumers to go electronic for some time now. The reason is that payroll is likely a bank’s largest expense followed by real estate. Much of the need for labor lies in handling cash transactions. Cash transactions for banks are onerous as much of it cannot be automated. Consumers,… Read More Banks Shedding Jobs After Covid
The question on many minds is whether the government will issue more stimulus checks to people or will there be more government programs to stimulate the economy. The country’s reopening of the economy became stalled as the Coronavirus re-surged in many states. Unemployment remains higher than normal. Adding to the stress of the economy is… Read More Second Stimulus Check?
It doesn’t matter where you stand on Donald J. Trump. It doesn’t matter if you voted for him or detest what he has done to America. It doesn’t matter if you believe that Covid-19 is real, a conspiracy or something else. The one thing everyone should be able to agree on is that Covid-19 has… Read More The Covid Presidency
The June job report is expected out today. The speculation is that about 3 million jobs were added in June as America began to reopen the economy. However, the the unemployment rate is expected to remain higher than normal. And then, Covid-19 struck again. Many states started to reopen their economies by ending stay-at-home orders… Read More Has Covid Stalled The Economy?
Over the last few months, I’ve noticed a disturbing trend going on. I’ve dubbed it creeping prices. I first noticed it when one of my long-time service providers for my business, Cognent, suddenly doubled their prices for services we were purchasing from them. The price increase came without notice. It just increased from one month… Read More Covid-19 Creeping Prices
Many political observers are scratching their heads as to why Andrés Manuel López Obrador (AMLO) wants to meet with Donald Trump as his first government to government meeting outside of México. López Obrador has refused to travel abroad during his presidency insisting on holding virtual meetings as he keeps to his promise of austerity measures.… Read More Understanding the Lopez Obrador Lovefest With Donald Trump
Donald Trump recently further restricted immigration to the United States ostensibly to protect American jobs. Most anti-immigrants argue that immigrants are a drain on the U.S. taxpayers, American resources and add to America’s lowered wages. Trump has waged a war on immigrants and his immigrant bashing is about to cost American jobs. With unemployment rates… Read More Thousands Of Federal Employees To Lose Jobs Over War On Immigrants
I hope you enjoy RumpToons No: 190!
Unless you live under a rock then you know that Donald Trump does not want immigrants to come to America. Trump has made it almost impossible for any immigrant to come to the country. This is especially true for those who want to Make America Great Again by their hard work. But even with Trump’s… Read More Covid-19 Recovery Requires Immigrants
The headlines read that the office is dead. But are they really? The belief is that virtual/distance delivery of services is the post-Covid-19 reality. It has been a dream for many in the technology sector. Technology would be the vehicle that delivers the services. Instead of brick-and-mortar offices, there would be digital platforms where workers… Read More Even Technology Companies Are Having Trouble Adapting
For some time now I have been arguing that June is the pivot point. I still believe it is. There is no doubt that the way things were before Convid-19 are no longer the same. Many graduates wore medical masks to graduations and the ceremonies were streamed online. The Covid-19 generation – from middle school… Read More Unemployment Continues To Get Worse
Author’s note: This is the first in a new series I am starting on Life after Covid-19 for Small Businesses. As companies begin to slowly reopen in anticipation of getting back to work many new challenges await business owners. The way we used to work is no longer possible. The business climate has changed along… Read More Remote Working Post Covid-19
As many readers likely know, the number of unemployed workers has approached the dismal numbers of the Great Depression. Although many workers believe that their jobs are still waiting for them, the reality is that those jobs are likely not there anymore. Even if the jobs remain, many workers will be shocked to learn that… Read More Post-Covid-19 Job Crisis
As America nears the all-time high unemployment rate of 20% for May, the numerous bankruptcies indicate that unemployment is worse than most believe. Next week the unemployment numbers for May will be released. Many expect the rate to be over 20%. The problem with the unemployment numbers is that they count workers who qualify for… Read More Bankruptcies Make Bodes Worse For Unemployment Numbers
Over the last few weeks I have been producing visuals of the Covid-19 pandemic. The infographics are designed to provide complex information in an easy to digest format. The news media leads with the number of cases and deaths without giving consumers context as to what the number mean. The following are two are my… Read More Visualizing Covid-19 Global Cases and Mortality
There is an ongoing debate on whether mandatory lock downs are hurting the economy, or they are not. Part of those who are advocating for their right to remain open support the idea that Americans are a free people and that government should not interfere with their basic rights. The problem with this thinking is… Read More June is The Pivot Point
How deadly is Covid-19 seems to be on the minds of many. And, for good reason. Although some tend to believe that the disease is unprecedented, there have been six previous pandemics to hit the United States. The first in 1910 and the latest is Covid-19. To make sense of it all it is important… Read More Covid-19 Compared to Previous Pandemics
To fully understand how incompetent the Donald J. Trump administration has been in dealing with the Covid-19 pandemic one needs to look at the cold hard numbers of death. The problem is not that the pandemic was unexpected. Every country has had to deal with it. The problem is not the growing numbers of unemployment… Read More The Incompetence of Donald Trump Through The Covid-19 Numbers
As many readers likely know, Donald Trump uses the immigration debacle and immigrants as fodder for his political base. The Trump base hears immigrants are bad and that Trump has closed the borders. The reality is that Donald Trump is relying on immigrants to get the country back on track after the pandemic ends. Most… Read More The Trump Immigration Problem and The American Way of Life
Today, there is an estimated 20.5 million Americans without a job. It is an estimate because the true numbers of unemployed is unknown. About two weeks ago in “The Pending Unemployment Catastrophe” (link) we looked the unemployment rates from the Great Depression onward. Although the unemployment numbers released for April are not the 20%, I… Read More Unemployment Numbers for April 2020
The world is full of shysters always looking for a quick buck to make. The why let a good pandemic go to waste is what is driving today’s shysters. Unless you are literally living under a pile of rocks then you have seen the many videos and ads for masks and quick “remedies” for the… Read More The Plandemic Shysters
Depending on what media outlet you are reading you are likely to get two or more versions of the real story. This has been true for years because biases are part of what is published for public consumption. Take for example remittances from Mexicans working in the United States, both legal and undocumented and the… Read More Mexican Remittances And Covid-19
Yesterday we visualized Covid-19 cases, deaths and unemployment across the nation. We also learned from various news sources that on Friday, we will learn the latest unemployment numbers. Some analysts are bracing for unemployment figures to be 16% or above. If that holds true, the unemployment rate will be close to what it was during… Read More Covid-19 And Unemployment Analysis