Today's jobless report: 3.1 million more Americans filed for unemployment benefits in the past week, bringing the running total since the beginning of the bungled response to the COVID-19 pandemic to 33 million. And that likely doesn't tell the whole story:
In an interview with Savannah Guthrie on NBC's "TODAY" show Thursday morning, President of the Federal Reserve Bank of Minneapolis, Neel Kashkari, said Friday's official unemployment rate "will probably be something like 16 or 17 percent — but it will understate how bad the damage has been. I think the real number is probably around 23 or 24 percent. It's devastating."Had we had decisive leadership and science- driven action at the national level when the health experts and intelligence community were warning of the pandemic, there's no doubt this "American carnage" would have been mitigated, along with the appalling death count that's now, at the very minimum, 75,000 -- and expected to rise with ill- advised "re- openings" pushed by the Trump regime.
