Congress Devastates Economy Further

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

About Twenty Million Americans About To Go Hungry

Today, the emergency $600 weekly federal unemployment stipend expires. As of now, Congress is unable to come to an agreement about how to move forward on stimulating the economy as the Coronavirus pandemic continues to destroy the economy. With the November elections less than 100 days away, it is surprising that the Republicans have put… Read More About Twenty Million Americans About To Go Hungry

Second Stimulus Package On the Way, But At What Cost?

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?

Bankruptcies Make Bodes Worse For Unemployment Numbers

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

Important Questions About The Proposed Stimulus Checks

Many taxpayers are excited to know that Congress is on the verge of sending each American taxpayer about $1,000. As of 5:00pm, eastern time yesterday, Congress was still arguing over some details about the Coronavirus Aid, Relief, and Economic Security (CARES) Act. However, it seems that the proposed $1,200 checks for individuals and $2,400 for… Read More Important Questions About The Proposed Stimulus Checks

The Mexican Economy Post Donald Trump

There is now doubt that the Mexican economy is heavily dependent upon NAFTA. The Mexican economy was battered initially when Donald Trump threatened to withdraw from NAFTA. The latest round of the renegotiation meetings between the governments of Canada, México and the United States ended with Canada and México telling the Trump administration that they are… Read More The Mexican Economy Post Donald Trump

NAFTA Closer to Ending

On Tuesday, the Fourth Round of NAFTA negotiations concluded. Leading the U.S. delegation was United States Trade Representative Robert Lighthizer. The Canadian delegation was led by Canadian Foreign Affairs Minister Chrystia Freeland and Mexican Secretary of the Economy, Ildefosno Guajardo led the Mexican delegation. The three ministers issued a joint statement stating that the concluded… Read More NAFTA Closer to Ending