US News Three North Carolina cops were fired after accidentally recording themselves talking about killing black people. [Link] 1.5 million Americans filed for unemployment this week. Over 6 million have filed for unemployment since the start of June. [Link] The Air...
The United States and much of the world may have initiated a business shutdown—resulting in tens of millions of unemployed domestically, along with all of unemployment's other negative side effects—for no statistically measurable benefit in tamping down COVID-19. (See...
Leftists support the lockdowns, conservatives oppose. With a few exceptions, pandemic policy has lined the tribes up with impressive neatness, and while many factors contribute to any ideological divide, the socialist influence on the broader left is here playing a...
From Bloomberg This is just April and just in New York. This will happen all over the country. My guess is that these lockdowns will end when state and local governments have to start letting people go and renegotiating pension contracts. "The Empire State collected...
As in the rest of the country, life in Pennsylvania has been greatly disturbed by the COVID-19 pandemic and the chaos that has resulted from the state government’s attempts to handle the situation. On March 16, Governor Wolf ordered that all “nonessential” businesses...
How bad is it? That is the question on everyone's mind as we come to grips with the economic carnage caused by global economic shutdowns, supply chain disruptions, and ongoing quarantines of million of people. Do we face another Great Depression, or simply a deep...
US News 33.5 million Americans have filed for unemployment since the coronavirus lockdowns started. [Link] The Senate failed to override Trump’s veto of the Iran War Powers resolution. [Link] The Justice Department is dropping the case against Mike Flynn. [Link] Rep....
On February 10 the stock markets were at all-time highs, with the Dow 30 at almost 30,000. The unemployment rate was at an all-time low and interest rates around most of the world were at all-time lows. With interest rates near zero for an entire decade, the value of...
