By Robert Romano President Donald Trump, Vice President Mike Pence and the White House coronavirus task force have unveiled the administration’s strategy and recommendations for reopening America in three phases, community by community and state by state at a time of their choosing so that America’s way of life and economy can get […]
By Richard McCarty Some might think it is improper to talk about the economy during a pandemic, but the fact of the matter is that a strong economy is vital to the country’s well-being. A weak economy reduces tax revenues impairing the ability of governments to deliver vital […]
By Robert Romano Small business relief that was included in the $2.2 trillion legislation passed by Congress and signed into law by President Donald Trump to shore up payrolls of millions of American workers during the Chinese coronavirus pandemic has been so popular that it is in […]
By Rick Manning “Fear Not.” These are the words that Mary heard from the Angel Gabriel who then told her that “she had found great favor in the Lord,” announcing that she had been chosen to be the mother of Jesus. Even Mary found fear in the […]
By Richard McCarty The Chairman of the Federal Reserve, Jerome Powell, noted last week that the economy is quickly deteriorating – and this is after the Federal Reserve and the federal government have both taken extraordinary measures to shore up the economy. Of course, Powell is not the […]
By Robert Romano In order to combat the Chinese coronavirus and to save as many lives as possible, 42 states have issued stay at home orders , and another three have some parts of their states closed, in order to combat the Chinese coronavirus. All 50 states have schools closed. In addition, with the national […]
By Richard McCarty Nearly half of US workers are employed by small business, and the coronavirus and the shutdowns are taking a severe toll on these businesses. According to a survey by the National Federation of Independent Business (NFIB), 92 percent of small businesses have been harmed by the coronavirus. Of these […]
By Robert RomanoWeekly unemployment claims in the U.S. were up another 6.6 million, bringing the total jobs lost since the Chinese coronavirus pandemic to anywhere from 16.6 million to 19.6 million as federal and state government closures continue to in order to stave off the virus and protect the elderly and […]
By Robert Romano There are many lessons for our country to learn from the Chinese coronavirus both from a public health perspective as well as the capacity of the federal and state governments to critically impact the well-being of the U.S. economy negatively as is being seen […]