Alternative Visions – Stimulus Negotiations Status Update + Latest Dismal Job Numbers

Dr. Rasmus reviews latest labor department jobs numbers released today and compares them to the more accurate new unemployment claims numbers released yesterday. The various categories of jobless that aren’t included in the monthly jobs numbers and why unemployment benefit recipients are double that of the officially unemployed reported every month by the labor department. The show then focuses on the state of the current negotiations on a stimulus bill in Congress. The elements of the various proposals are described: McConnell’s $519 billion vs. the ‘Bipartisan’ Senate proposal $908 billion introduced last week vs. the Pelosi-Shumer original $3 trillion stimulus of last May (now reduced to $2.2 trillion since August). What’s in each. Why Biden and corporate Democrats are pushing Pelosi-Shumer to ‘capitulate’ to Republican positions (McConnell’s & Bipartisan Senate). Why Biden’s call to take what’s on the bargaining table now and we’ll come back for more after January 21, 2021 is a subterfuge and why there’ll be no ‘second’ stimulus in 2021.


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