Hello and thank you for being a DL contributor. We are changing the login scheme for contributors for simpler login and to better support using multiple devices. Please click here to update your account with a username and password.
Hello. Some features on this site require registration. Please click here to register for free.
Hello and thank you for registering. Please complete the process by verifying your email address. If you can't find the email you can resend it here.
Hello. Some features on this site require a subscription. Please click here to get full access and no ads for $1.99 or less per month.
“Next coronavirus aid package probably won’t become reality this month after better-than-expected July jobs report, analyst says”
“The July employment report ‘will further complicate negotiations on the next fiscal stimulus package,’ say other analysts“
“The report showed the U.S. economy regained 1.8 million jobs in July as unemployment fell 10.2%.“
| by Anonymous | reply 4 | August 7, 2020 7:47 PM |
Henrietta Treyz, director of economic policy research at Veda Partners, said she now views an agreement in August as unlikely, after earlier this week saying there was a 65% to 75% chance for that deal this month.
“In the wake of today’s jobs numbers and extensive conversations with staff on Capitol Hill and other advisors that make it clear there is almost no urgency at this point from either Democrats or Republicans to meet in the middle, we are revising our odds downward from 65%-75% that a deal will be reached in August, to now 65-75% this deal will be reached in September,” she wrote in a note.
“There is a very slim chance that a deal could still be resuscitated from here and pass next week (25-35%), but that is no longer our base case.”
James Knightley, chief international economist at ING, also was sounding more downbeat on a deal being reached.
| by Anonymous | reply 1 | August 7, 2020 6:52 PM |
This will help Trump crow about the economy again and demonize Democrats, who'd better get their act together fast or we'll have 4 more years of Trump.
Biden's gain over Trump in MI has already fallen from 9 points to 6. I think the days of "just let Trump hang himself" are at an end and Biden needs to get out there.
Biden's campaign isn't doing any door to door campaigning by volunteers due to Covid-19, but Trump's people are out there knocking on doors. Let's not make the same kind of mistakes Clinton did in 2015.
| by Anonymous | reply 2 | August 7, 2020 7:20 PM |
Ok but the rethuglicans were saying this was the main reason they would continue the aid.
So if anything, it strengthens the democrats.
| by Anonymous | reply 3 | August 7, 2020 7:44 PM |
Pardon my French, but the republicans are full of shit.
| by Anonymous | reply 4 | August 7, 2020 7:47 PM |
Yes indeed, we too use "cookies." Take a look at our privacy/terms or if you just want to see the damn site without all this bureaucratic nonsense, click ACCEPT. Otherwise, you'll just have to find some other site for your pointless bitchery needs.
Become a contributor - post when you want with no ads!
