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  • PhaseFour [he/him]
    ·
    edit-2
    4 years ago

    The original CARES Act provided the Federal Reserve with $5t that they used to artificially prop up the stock market.

    Between the election & the beginning of flu season, we're hitting new turbulence in the market. Wall Street needs a second bailout, but the Democrats do not want to give Trump a political win before the election.

    The recession absolutely did hit. It's ongoing. Unemployment is higher now than at any point in the Great Recession.