December 22, 2020
Seven in ten say their financial priorities have changed from the start of 2020 to now. For 63 percent, this year has permanently changed their financial priorities.
“In the meantime, the end of year holiday season will soon be upon us with the risk of another surge in Covid-19 cases and the possibility of yet more confinement measures.”
The first issue is the Senate, now controlled by Republicans who tolerate deficit spending when a Republican is in the White House but become fiscal hawks when a Democrat is president.
In a historic decision, the Supreme Court not only embraced damages as an appropriate and traditional remedy for violations of constitutional rights, but also rejected the government’s invitation to consider policy arguments in order to deny plaintiffs their day in court.
The December reading of 88.6 released Tuesday by the Conference Board is a sharp decline from last month, which was revised downward to 92.9, and it is far worse than economists had expected. It may be an ominous sign for an economy in which consumer spending accounts for 70% of all economic activity.
“I would like to hope that many of them are from homes where their parents have taken responsibility on their own to provide for their education…My fear is that large numbers have simply gotten discouraged and given up.”
According to the Hollywood Partnership’s third-quarter report, 185 businesses remained closed in the area as of September.
To answer the question, this brief synthesizes the findings of four recent Center studies on nontraditional jobs and older workers, a group that could be particularly vulnerable without employer benefits.
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