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    HomeWar / Conflict / TerrorismBigger Boat: 6.6M People Sought Unemployment Benefits, a $2T Package Won't Work

    Bigger Boat: 6.6M People Sought Unemployment Benefits, a $2T Package Won’t Work

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    On this episode of The Critical Hour, Dr. Wilmer Leon is joined by Dr. Linwood Tauheed, associate professor of economics at the University of Missouri-Kansas City.

    “A record 6.6 million Americans applied for unemployment benefits last week as the coronavirus struck the US economy and sent a recently booming labor market into free fall,” the Wall Street Journal reported Thursday. “The large number of claims was double the 3.3 million who sought benefits two weeks ago as the US shut down parts of the economy in an effort to contain the virus. Jobless claims, a proxy for layoffs, provide temporary financial assistance for workers who lose their jobs.”  On its face, the answer to this question might be obvious, but what do these numbers really signal?

    “The Iranian Foreign Ministry on Wednesday called for an immediate halt to ‘warmongering during the coronavirus outbreak' as US forces reportedly deployed Patriot missiles to and President Donald Trump warned — without presenting a shred of evidence — that Tehran is planning a ‘sneak attack' on American troops in the region,” Common Dreams reported Thursday. This sounds a lot like the Bush administration and its allegations of WMDs.

    “The State Department released what it called its ‘democratic transition framework for ' on Tuesday; a 13-point for the removal of Nicolas Maduro and a radical overhaul of the country's political system,” MintPress News reported Wednesday. What's the legal basis, the…

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