Trump has already begun moving his political chess pieces to challenge the election and refuse to leave office
Jack Rasmus
Viewers of the debate learned nothing about how America might extract itself from its intensifying multiple crises. What they learned is that a political crisis may be coming, the likes of which haven’t been seen in America since 1860
Failure of the Democrats to have stopped Trump the past four years will likely usher in a basic political party re-alignment in the US as a form of authoritarian government takes hold under Trump
In 2020 the Supreme Court will be even more likely do the same–i.e. stop the vote count and ‘select’ Trump’– with a 6-3 vote. Except this time it will not even be a vote recount; it will be a first count of mail in ballot votes
What follows is a debunking of the 8.4% unemployment rate and a quantitative explanation why that rate is 25%–as well as a statement of the forces that will likely result in an even further deterioration in the unemployment rate in the 2020-21 period ahead
Less than 24 hours after Trump broke off negotiations on the economic stimulus package with Congressional Democrat leaders, Pelosi and Shumer, last Friday August 7, Trump issued a series of Executive Orders
The McConnell-Trump strategy is not to bail out state and local governments. It’s about making the high urban population centers—located largely in ‘blue’ states—to bear the brunt of the continuing economic crisis
Never before in modern US history—not even in the worse quarters of the 1930s great depression—has the US economy contracted so quickly and so deeply
Like another financial-banking crash, a major political instability event—domestic or foreign—could easily send an already weak US economy struggling in the midst of a Great Recession into the abyss of the first Great Depression of the 21st century
It’s not a COVID-19 economy. It’s a capitalist economy, the instability of which has been rendered even more unstable by the current COVID-19 health crisis