
01-21-2021, 01:45 PM
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Senior Member
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Join Date: Mar 2017
Posts: 14,446
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Biden's 'rescue plan' could close 10 million lost jobs gap by fall of 2022, Moody's estimates
https://finance.yahoo.com/news/biden...181903486.html
Quote:
The U.S. job market would recover to its pre-pandemic levels by fall of 2022 if President Joe Biden’s $1.9 trillion ‘rescue plan’ is implemented, according to new estimates by Moody’s Analytics. That would be an entire year sooner than if no more relief is passed.
“We would recover all of the 10 million jobs that were down since the pandemic hit,” Mark Zandi, Moody’s Analytics chief economist, told Yahoo Money. “If we get no more fiscal — if nothing gets through — it's late 2023 before we get back to full employment.”
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...because Repubes always destroy the economy, while Dems always build it back up...
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"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
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