December 22, 2024
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Tag: government support

Stocks sink to new lows...

(23 March 2020) Checks and balances,...

Stocks sink to new lows as Senate fails to pass virus aid package

(23 March 2020) Checks and balances, yes.  Effective government, not so much.  US politics has once again revealed its dysfunctional side amid the coronavirus crisis as the Senate has failed for a second time to pass an aid package.  On Monday, Mitch McConnell's Republicans (pictured here) and Chuck Schumer's Democrats could not find a compromise to pass the aid package which would provide assistance to individual Americans and corporations who are suffering financially from this unprecedented shutdown of economic life.  This legislative failure caused stock markets to extend...

Stocks sink to...

(23 March 2020) Checks and balances, yes.  Effective government, not so much.  US politics has once again revealed its dysfunctional side amid the...
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