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06/05/2020
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By News Editors
The national debt clock is flashing a major red alert
The National Debt Clock is flashing a major warning, Red Alert! this morning while working on another article I happened to glance at this indicator and recoiled in horror. While most people are aware the national debt has exploded, it brought my focus back to this subject. Many of us that watch the economy closely […]
05/13/2020
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By Tracey Watson
California becomes the first state to borrow money from the federal government to pay unemployment claims
With millions of Americans filing for unemployment benefits as the COVID-19 pandemic decimates the economy, states have come under increasing pressure to find the money to pay these claims. As reported by CBS Sacramento, California has become the first state to borrow from the federal government to meet these demands, with the Employment Development Department […]
04/24/2020
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By Franz Walker
Coronavirus pushes unemployment to highest levels since the Great Depression
The global coronavirus (COVID-19) pandemic has pushed one in six Americans out of a job, swelling unemployment numbers to levels not seen since the Great Depression, according to new data released Thursday. According to the Department of Labor‘s weekly report on unemployment insurance claims, 4.4 million Americans filed for unemployment benefits last week. This means […]
04/23/2020
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By Ralph Flores
New CARES Act only cares about big corporations – local restaurants walk away with NOTHING
The coronavirus (COVID-19) may have currently infected over 830,000 Americans and caused 45,638 deaths, but that won’t stop corporations from making sure they come out on top – even if it means taking money meant for smaller businesses. Case in point: Big restaurant chains like Shake Shack, Potbelly and Ruth’s Chris Steak House walk away with tens […]
04/02/2020
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By Franz Walker
The Fed WARNS more lay-offs are coming as the coronavirus continues to spread
The social distancing measures being put up to try to stop the spread of the coronavirus pandemic have resulted in the worst level of unemployment that the U.S. has seen in a long time. As bad as things are, however, a new estimate by the Federal Reserve is showing that they’re going to get much worse. A […]
02/18/2016
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By usafeaturesmedia
The many ways Obamacare is killing employment
(BigGovernment.news) Defenders of the Affordable Care Act have resolutely denied that the law has hurt employment, but that’s primarily because they are choosing to ignore evidence that suggest otherwise. A recent New York Times piece actually highlighted what a job killer Obamacare continues to be, even if that wasn’t the primary focus of the article […]
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