Nordstrom has notified landlords of its full-line and off-price Rack stores that it will pay only half the occupancy costs for the remainder of the year...
...even though you didn’t create the fraud in the financial system, and were forced to close down your business, you will now be used as tax cattle to pay for this giant fustercluck.
There will be no tax cuts or measures that allow for more private saving. Deregulations are not included. Instead, the package contains industrial policy, central economic planning, subsidies, and redistribution measures.
The current volume of freight flowing in the U.S. cannot be overstated — besides the March demand spike, there has not been freight demand like this in recent history...
MMT is not a free lunch. Individuals pay for it through a reduced value of the dollar and ergo your purchasing power. MMT is a hidden tax paid for by everyone holding dollars...
Key indicators for a true V-shaped economic recovery (i.e. actual productivity, not just printing money) for the American economy simply don't seem to be lining up...
"In a period of protest and increasing anger about inequality, the differential inflation rate experienced by low- and high-income households is a concern."