The unemployment rate has never been this high going into an election

Though the economy rebounded sharply in the months following the spring lockdown, the recovery seems to be running out of steam.

Economic indicators, such as retail sales or claims for jobless benefits, have been improving only gradually after bouncing back sharply in the spring.

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Trump Threatens to Bypass Congress as Stimulus Talks Fail Again

Crisis negotiations between the White House and top Democrats teetered on the brink of collapse on Friday, as both sides said they remained deeply divided on an economic recovery package and President Trump threatened to bypass Congress and act on his own to provide relief if no deal could be reached.

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8 Lost Weeks and No Masks (Thanks, Trump!) Have Bankrupted a Sh*t-Ton of Companies

POP CRAMPS: So while Trump fiddled for two months, then encouraged “reopening” beaches, gatherings, bars, and rallies, then poo-pooed mask wearing, the real economy fell into the toilet. Not just for the big companies, but also for the mom and pop shops, local restaurants, gyms, barber shops, offices, distributorships, creative agencies, and more that won’t be tallied until this thing is over.

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