Economy

ECONOMY UPDATE: 20M Jobs Slashed in April Alone, Unemployment Nearly 15%, Highest Since Great Depression

posted by Hannity Staff - 5.08.20

The United States’ economic fallout from the Coronavirus pandemic reached a tragic milestone this week, with new data showing more than 20 million jobs left the economy in April alone sending the unemployment rate to the highest levels since the Great Depression.

“U.S. employers cut 20.5 million jobs in April, a record-shattering number that pushed unemployment to 14.7 percent, the highest level since the Great Depression, as the coronavirus pandemic triggered an unprecedented economic catastrophe,” reports Fox Business.

“The grim Labor Department report provides one of the most comprehensive looks at the economic damage inflicted by the virus outbreak and subsequent stay-at-home measures mandated by states to curb the spread of COVID-19,” adds the website.

“The unemployment numbers are clearly going to be shocking,” said Jason Reed, an economist and the assistant chair and finance professor at the University of Notre Dame’s Mendoza College of Business.

“But it really will come as a surprise to no one who has been following this story. It’s more like, how do we get back on the road to recovery instead of keep watching these signposts saying we’re in trouble,” he added. “We haven’t really, I think, moved yet to get back on that road.”

Read the full report at Fox Business.

'SICKENING': Backlash Grows Against Denver Democrat Who Supported Spreading Coronavirus at MAGA Rallies

posted by Hannity Staff - 3.03.20

Denver’s Democratic Councilwoman Candi CdeBaca is facing a growing backlash on social media this week after calling for those sick with the deadly Coronavirus to intentionally spread the disease at ‘Make America Great Again’ rallies.

“Democrat Denver Councilwoman Candi CdeBaca says that she stands in ‘solidarity’ with someone who says that they if they get the coronavirus that they will attend as many Trump rallies as possible She appears to have made the statement on her government Twitter account,” posted a reporter with the Daily Wire.

 

“These people are sick,” posted Donald Trump Jr.

“This elected Democrat in Colorado doesn’t seem very nice!” the Trump campaign War Room Twitter account posted in response.

Read the full report here.

Source: Fox News

A NEW LOW: MSNBC Analyst Claims Trump’s Coronavirus Response Constitutes ‘Involuntary Manslaughter’

posted by Hannity Staff - 4.07.20

MSNBC Legal Analyst Glenn Kirschner left millions of users on social media scratching their heads this week; baselessly asserting President Trump’s Coronavirus response could be prosecuted for “involuntary manslaughter.”

“Trump’s conduct easily satisfies all 3 elements of involuntary manslaughter. In fact, his gross negligence is beginning to look more like conduct evincing a ‘conscious disregard of an extreme risk of death/serious bodily injury = the standard for depraved heart/2nd degree murder,’” he posted on Twitter.

 

Ohio Democratic State Rep. Tavia Galonski took her party’s war against the White House to a new level this week; saying the President should be charged for “crimes against humanity” over his Coronavirus press briefings.

“I can’t take it anymore. I’ve been to The Hague. I’m making a referral for crimes against humanity tomorrow. Today’s press conference was the last straw. I know the need for a prosecution referral when I see one,” posted the legislator on social media.

 

“State Rep. Tavia Galonski tweeted Sunday after President Trump spoke about hydroxychloroquine at his daily press briefing. The drug, normally used to treat malaria, is one of several that the president has pointed to as showing promise in the fight against COVID-19, but its effectiveness has been a subject of debate,” reports Fox News.

Read the full report here.

Source: Fox News

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