jobloss
Congress last approved coronavirus stimulus checks in March of this year. These payments proved to be a life line for millions of Americans who were struggling to pay for their basic needs. Now, the impact of those payments appears to be fading after four months, but many are still struggling financially. This is why many are still pushing for another round of coronavirus stimulus checks to be approved before August. Q2 2021 hedge fund letters, conferences and more Is there need for more stimulus payments?After the IRS started sending the third stimulus checks of up to $1,400, there were repor...
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Senator Bernie Sanders has aggressively made the case for a $15 minimum wage. This morning’s new Congressional Budget Office report shows that, contrary to Sanders’ rhetoric, a $15 minimum wage will have a devastating impact on the country’s employers and employees. Q4 2020 hedge fund letters, conferences and more Specifically, the higher minimum wage would eliminate 1.4 million jobs. In fact, the policy would leave 500,000 more people jobless than it would pull out of poverty. Below are some key takeaways from the CBO's new report, which updates its 2019 analysis for new economic projections ...
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