According to new figures released by the Department of Labor on April 30, 2020, more than 3.8 million people filed for unemployment last week.
Taking into account the recent surge in jobless claims, total claims for unemployment now exceed 30 million in a matter of six weeks.
Per the Labor Department’s data, new unemployment claims reached 26 million last week with 4.4 million Americans making new claims in the previous week. Tristan Justice of The Federalist noted the following:
More than 5.2 million Americans had filed the week earlier, 6.6 million had filed the previous week, 6.9 million had filed the week before that, and 3.3 million people filed between March 15–21. Each week since the start of the pandemic stemming from the novel Wuhan coronavirus pandemic had shattered the previous record set for the most unemployment claims within a single week in 1982 with 695,000 new claims.
The national unemployment rate is expected to reach 15 to 20 percent when the new jobs report comes out May 8. According to the latest unemployment rate highlighted by the Bureau of Labor Statistics, the unemployment rate was at 4.4 percent in March before the Wuhan virus pandemic did most of its damage.
Congress has greenlit nearly $3 trillion in stimulus spending to bolster unemployment insurance at a time when the U.S. economy has been completely dislocated by government-imposed shutdowns.
Additionally, Congress established the Paycheck Protection Program (PPP) to provide crucial financial assistance to small businesses who are on the ropes thanks to the lockdowns. Justice broke down the numbers of the PPP:
The popular program was replenished with fresh cash in another nearly $500 billion stimulus bill earlier this month after a week-long partisan battle on Capitol Hill. Democrats stalled the bill, blocking clean-funding of the program to demand money for long-advocated programs. While small businesses received $310 billion in new relief, Congress also allocated money to hospitals, testing efforts and emergency disaster loans.
Although unemployment claims now surpass 30 million, a large segment of state and local leaders are hesitant about reopening the economy until mass testing is readily available or a vaccine is brought on the market, both developments are years away from likely emerging.
In the meantime, certain residents and representatives are getting restless with their state government’s inaction on re-opening as in the case of Texas.
Policymakers will have to re-open sooner or later, or they will have to deal with considerable unrest.
The American Right Should Beware of Campaign Consultant Grifters
Some people want to make a quick buck with zero results to show for it.
Heading into 2022 and 2024, America First operatives should be careful dealing with campaigns run by grifters.
Patrick Clerbune of VDARE put out an informative post that serves as a warning to all about the rampant corruption within Republican political consultant outfits.
He highlighted a Washington Post piece detailing how donors gave more than $8 million to Kim Klacik, a black woman running as a Republican candidate in Maryland’s 7th district. In reality, the money donated to Klacik’s campaign went straight to the fat pockets of political consultants who knew full well that she couldn’t win.
The Post went into further detail about this naked grifting opportunity:
Her campaign is an example of how some consulting firms are profiting handsomely from Republican candidates who have robust appeal in today’s politically charged environment…
By the end of Klacik’s campaign, she would raise a staggering $8.3 million and pay nearly $3.7 million of it to Olympic Media, according to campaign finance filings.
For political veterans, this is nothing new under the sun. Political consultant parasites such as Karl Rove are notorious for enriching themselves by running failed campaigns and diverting resources from actual winnable races. Rove was also involved in the Georgia Senate dumpster fire, where the GOP dropped a whopping $1 billion and still ended up losing both seats.
Pointing out how the managerial state is detrimental to all Americans, especially minorities, is one thing. But using failed ethnic pandering and running campaigns in districts that can never be won by Republicans is another.
In the aforementioned case, Maryland’s 7th district has never gone Republican in its history and was the long-time home of Elijah Cummings from 1996 until his death in 2019. Democrat challenger Kweisi Mfume completely obliterated Klacik 74 to 25 in the 2020 general election.
Intelligent nationalists would be wise to recognize that certain races are lost causes, which drain resources that could otherwise be allocated towards winnable campaigns. A large degree of skepticism should always be directed towards the political consultant class. Their money-making model does not always translate into electoral success.
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