in March as the economy cratered due to the pandemic, and checked back in this week for another wide-ranging discussion. Topics included: how long it could take for unemployment levels to return to normal, the lack of a stimulus strategy from the White House, and whether direct payments and boosted unemployment benefits was effective in boosting the economy.
And an important reason the unemployment rate has come down so quickly is a huge amount of economic support that we've had.And how long could it be before the unemployment rate falls below 5%? What about single-digits?: We could be in the single digits before the election. Below 5%, I think that would take five years. The initial part of the unemployment rate dropping can happen very quickly because people are being called back to jobs that they were temporarily laid off from.
hold up...Obama got stimulus totally wrong in 2008-09. So, you interview his adviser? Pfffft.
It makes complete sense...
Keynsians are their own worst enemies
Ummm the Dema are holding up the stimulis for non-related issues!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Look inside President Trump and Larry Ellison's relationship - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. what's going to happen to these corrupt deals when Trump is defeated.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Sunrun and Vivint Solar's historic $3.2 billion deal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Gold shortages are here and increasing. Sandstorm Gold is going to have INCREDIBLE cash flow for next decade. $1800+ Gold spot price certainly does not hurt!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Orum House, the Bel Air mansion shaped like a propeller: photos - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Wowed by this house!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Benetti's 353-foot hybrid gigayacht 'Luminosity' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I may be mistaken but I think it's currently docked in Portofino, Italy. My offer, 1 Bitcoin
Source: BusinessInsider - 🏆 729. / 51 Read more »