The impact on business caused by COVID-19 is beyond what any person could have expected as the United States entered 2020. In the span of a few months, more than 20 million people in the U.S. lost their jobs, erasing 10 years of job gains. Unemployment in the United States was 3.5% in February 2020. Two months later in April, it was 14.7%. In May, a surprise unemployment rate announcement of only 13.5% was celebrated (as opposed to what had been the expected rate of 19.0%). The U.S. Fed Balance Sheet increased from $4 trillion in 2019 to…Read more
Joe Biden marshalls diplomatic troops to counter falling polls at one-year mark
This week, Richard Levick spoke with the South China Morning Post, weighing in on President Biden’s first year in office. Indeed, Biden’s legacy could be
