Covid-19 News #3

So much info flying at you all day….and then there is news that does not make the evening news so I am here to be the bearer of that news.

First there has been a mess of confusion around our mail and packages….should we open or sterilize….I can help……

Is it safe to open mail and packages during the pandemic?

There is no evidence that COVID-19 is spreading through mail or parcels, according to the World Health Organization and U.S. Centers for Disease Control and Prevention.

Most of it is spread from droplets produced when an infected person coughs or sneezes, which are inhaled by people nearby.

Health experts say the risks are very low that COVID-19 will remain on envelopes or packages and infect anyone who handles them.

Donald the Orange has been blaming everybody for this virus….the media, the Congress, governors and the WHO…..and now someone is blaming Trump in return……

Days after the Trump administration threatened Central American countries with visa sanctions if they refuse to accept nationals who are deported from the U.S. during the coronavirus pandemic, the Guatemalan health minister said an estimated 75% of the people on one deportation flight from the U.S. later tested positive for the virus.

Health Minister Hugo Monroy’s claim raised fears that the U.S. is willfully sending sick people back to the countries they left, creating conditions for larger outbreaks in countries including Guatemala, El Salvador, and Honduras. 

The U.S., which is now the epicenter of the global pandemic with more than 600,000 cases, resumed deportations on Monday after a week-long pause due to fears that ill migrants might spread the coronavirus to others on deportation flights. The Trump administration sent two flights with a total of 182 people to Guatemala Monday.

Bad news for small business…..the fund is out of cash…..

Owners of small businesses who are turning to a government website for help in the coronavirus outbreak now see the worst possible update: “SBA is unable to accept new applications at this time … based on available appropriations funding,” reads the notice by the Small Business Administration. The problem is that a $350 billion loan program set up to provide a lifeline to such businesses already has run out of money, reports the Wall Street Journal. Democrats and Republicans in Congress agree on the need to add more money, but they’re at an impasse on the details. Republicans want to add $250 billion to the program as is, but Democrats are pushing to expand the program and add money for hospitals, food stamp recipients, and cities and states, per the Washington Post.

The dispute has led to nasty partisan accusations. “In just 12 days this program has approved over $300 billion in aid and now it’s frozen, it stops, and it’s ridiculous,” GOP Sen. Marco Rubio said Thursday. “It’s being held hostage for things unrelated to it.” President Trump, meanwhile, tweeted that Nancy Pelosi was a “weak and pathetic puppet” and demanded that she “come back to Washington and do your job!” Pelosi and Sen. Chuck Schumer, meanwhile, accuse Republicans of “posturing” and say they need to work with them on a deal, per the Hill. The SBA initiative, called the Paycheck Protection Program, is part of the $2.2 trillion relief bill signed by Trump last month

The really bad news is that unemployment is going out of sight….about 22 million out of work…..

The wave of layoffs that has engulfed the US economy since the coronavirus struck forced 5.2 million more people to seek unemployment benefits last week. Roughly 22 million have sought jobless benefits in the past month—easily the worst stretch of US job losses on record. All told, nearly 12 million people are now receiving unemployment checks, roughly matching the peak reached in January 2010, shortly after the Great Recession officially ended, per the AP. All businesses deemed nonessential have been closed in nearly every state as the economy has virtually shut down, with deep job losses inflicted across nearly every industry.

Those layoffs have spread beyond service industries such as restaurants and hotels into blue-collar and professional occupations, including software programmers, construction workers, and sales jobs. Up to 50 million jobs are vulnerable to coronavirus-related layoffs, economists say—about one-third of all positions in the United States. Some economists say the unemployment rate could reach as high as 20% in April, which would be the highest rate since the Great Depression of the 1930s. By comparison, unemployment never topped 10% during the Great Recession.

Just a final thought…..

West Wing Reports (edited by Paul Brandus)
1) Tens of thousands of lives lost
2) Tens of millions of jobs lost
3) Trillions of dollars in wealth erased
4) Explosion in debt
5) Years of economic stagnation likely ahead ….and you were warned repeatedly – and ignored it!

I Read, I Write, You Know

“lego ergo scribo”

9 thoughts on “Covid-19 News #3

      1. BTW Amazon should get about $24 million in stim cash…..and all I will get is a tiny $1200…..ain’t capitalism grand? LOL chuq

      1. No problem….I think a recession no depression…the Fed and the Trump Treasury is doing all they can to prevent it…….chuq

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