Tag: Economy

He does not agree with Biden.

The result: A U.S. recovery hampered by underperformance in four states that account for about 35% of the country's economic output.

Initial claims for state unemployment benefits totaled a seasonally adjusted 963,000 for the week ended Aug. 8.

"The numbers are coming in very, very nicely."

The measure that is most likely to become reality is the extension of a freeze on federal student loan payments.

"Perhaps the rise in job openings is less about adding additional workers, but backfilling positions from workers who quit positions due to concerns about the virus."

"We are not trying to eliminate the federal benefits."

Some of his proposals exceed his legal authority.

"The steam has gone out of the engine and the economy is beginning to slow."

"Repeated shutdowns for virus containment remain a threat to the labor market, which is already weak."

"We're making some progress on certain issue."

"We need national leadership, and we’re not getting it."

"They have a disdain or sort of a condescension toward working people."

Powell outlined a number of reasons why public health will be a key factor in saving the economy.

A $600-per-week supplemental unemployment benefit expires on Friday.

"The bottom fell out of the economy in the second quarter."

"I’ve applied for all the grants and loans, I have maxed out my credit card, used my company's reserves, spent my savings."

McConnell called the proposal a "tailored and targeted" plan.

"We want to see this (Republican) bill, not just have a conversation."

Here is how the candidates want to revive the economy.