It’s August, the enhanced unemployment air ran out in July, and lawmakers in Washington don’t seem much closer to extending that and other aspects of the coronavirus aid.
How long will be left in the lurch? And what do we make of the report that shows employment kept growing even as the epidemic got worse around the county? In July, about 1.8 million jobs were added and economist Betsy Stevenson has mixed feelings about it. She says economic recovery is very closely tied to virus control, which is not going very well, but we should also see this jobs report as proof that the first coronavirus aid packages have worked. Speaking of that, Republicans and Democrats are in a stalemate (as of this taping) over the next aid package. President Trump is getting frustrated and is threatening to act via executive order. Can he do that? Should he do that if Congress can’t break the stalemate?
Josh Barro, Dorian Warren, Megan McCardle talk with Betsey Stevenson about the childcare crisis that th
