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As Job Losses Cruise Past 39 Million, Likelihood Of New Relief Package Increases

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The coronavirus pandemic seems to be shifting gears away from causing mass hospitalizations and deaths to pure economic destruction on an unprecedented level. That’s not to say the disease isn’t hurting people or killing folks. It is. However, there are other aspects of this horrific disease and the drastic steps we’ve taken to try and slow its spread.

A new report from the Labor Department seems to indicate that the soaring unemployment numbers are ultimately leading to the necessity of another relief package.

Here’s more from The Washington Examiner:

Trending: Violent Rioters Burned Home With Kids Inside, Then Blocked Fire Fighters From Getting In

The Labor Department reported Thursday that 2.4 million people in the United States filed for unemployment benefits last week, bringing the total during the pandemic to 39 million.

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Meanwhile, senators left the Hill Thursday for a weeklong recess without extending the small-business Paycheck Protection Program, despite hopes that they might quickly pass the legislation, a relatively minor extension of existing aid, before leaving.

High-ranking members of the GOP, who previously were hoping to avoid having to pass another relief package have started to shift their attitudes, noting that another bill is likely necessary and that it will be much larger than the first.

Senate Majority Leader Mitch McConnell said on Fox News that there’s a “high likelihood” that Congress will need to pass another significant fiscal measure.

Treasury Secretary Steve Mnuchin stated that there is a “strong likelihood we will need another bill” in order to stimulate the faltering economy.

The original legislation, the Paycheck Protection Program was originally passed back in March toward the beginning of the massive lockdowns that popped up all over the country. The bill was part of a $2.2 trillion CARES Act that provided forgivable loans to small businesses that would maintain payrolls, which was a measure designed to help fend off business closures. These closures, if they were allowed to occur, would have caused a major depression.

We really need to be focused on getting back to work and being productive again. The economy simply cannot be sustained during a lockdown. Shuttering production has a ripple effect, like tossing a rock in a pond. Multiple industries will be hit hard when a company stops producing.

Let’s get this going so we don’t have to keep racking up debt.

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Black Lives Matter Worker Demands White Woman Drop to Knees & Apologize for Being White

Funny how he didn’t go after a man, huh?

John Salvatore

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I can’t believe this woman complied when being told to get to her knees and apologize for her white privilege. Could you imagine proud American Dana Loesch doing this? I think not. This is where we are in 2020. What a year – and it’s only half way through! WATCH: https://twitter.com/MarkDice/status/1267737942811791360?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1267737942811791360&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2020%2F06%2Fblack-lives-matter-thug-forces-white-woman-get-knees-apologize-white-privilege-video%2F From Fox Business: Netflix and other major streaming platforms have taken a stand against police brutality as nationwide protests rock the country after the death of Minneapolis resident George Floyd, according to The Hollywood Reporter. https://twitter.com/netflix/status/1266829242353893376?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed&ref_url=https%3A%2F%2Fwww.foxbusiness.com%2Ftechnology%2Fnetflix-streaming-services-support-black-lives-matter https://twitter.com/hulu/status/1266913549512658946?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed&ref_url=https%3A%2F%2Fwww.foxbusiness.com%2Ftechnology%2Fnetflix-streaming-services-support-black-lives-matter https://twitter.com/PrimeVideo/status/1266942044800344065?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed&ref_url=https%3A%2F%2Fwww.foxbusiness.com%2Ftechnology%2Fnetflix-streaming-services-support-black-lives-matter https://twitter.com/hbomax/status/1266912003257331713?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed&ref_url=https%3A%2F%2Fwww.foxbusiness.com%2Ftechnology%2Fnetflix-streaming-services-support-black-lives-matter

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Protesters Say They’re Looting Because It’s ‘Slavery Money’ & ‘We Should Kill Them’ Cops

Oh, is that so?

John Salvatore

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The peaceful protesters do not actually care about the death of George Floyd. They want to see an end to racism, that much makes sense. The rioters and looters, however, couldn’t care less about Floyd. They just want to see America burn. From TDW: In a video posted Monday, documentary filmmaker Ami Horowitz went to the heart of the violent rioting in Minneapolis and spoke to the protesters. “The media narrative has been that the protesters and the violence are distinct,” Horowitz prefaced the video, “but the vast majority of protesters that I spoke to, went out of their way to justify, in a non-socially distanced way, the anarchic orgy of violence.” WATCH: https://www.youtube.com/watch?v=xR4k2dbNaHQ&feature=emb_title More riot madness, via Twitter… https://twitter.com/DonaldJTrumpJr/status/1267970413117702144 https://twitter.com/sonofarinze/status/1267967746656124928 https://twitter.com/protest_nyc/status/1267970733919154177 https://twitter.com/edsbs/status/1267969462323609600 https://twitter.com/USAProtests/status/1267968072666755072

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