The total number of companies that failed despite getting PPP loans is likely far higher. The Journal only analyzed the big borrowers from the program, which accounted for about half of the overall loans though only about 13.5% of the total participants…
Lockdown Britain Steps Closer Towards Totalitarianism…
Today Britain’s MPs failed the most important test of their political careers….
Almost 46 Million Americans Have Now Filed for Unemployment Claims Since Lockdowns Began…
Despite the hope-restoring nonfarm payrolls “recovery” and the over-hyped bounce in retail sales (ignoring the lack of ‘V’ in industrial production), in the last week 1.508million more Americans filed for unemployment benefits for the first time (notably worse than the 1.29mm expected). That brings the thirteen-week total to 45.7million, dramatically more than at any period […]
House GOPers Say Pelosi Has No Plan to Bring House Back Safely as Rest of U.S. Returns to Work…
Speaker of the House Nancy Pelosi (D-Calif.) has no plan to bring the lower chamber of Congress back to work in the nation’s capital until 2021, according to Republicans on the committee that administers the House of Representatives. “As an overwhelming majority of the country, including Washington, D.C., has moved into phased physical re-openings, the […]