No Relief from US Economic Collaps

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Opinion Column by Stephen Lendman
No Relief from US Economic Collapse

by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman)

What's going on in the US economically more resembles science fiction than reality in developed countries.

At yearend 2019, who could have imagined that for 33 straight weeks since March, over one million Americans would file claims for unemployment benefits.

What was unimaginable is reality with no end of it in prospect.

Numbers have been far higher that ever before in a weekly period, what establishment media at most give short shrift. 

For the latest weekly period through Thursday, the US Labor Department reported that another 751,000 Americans applied for state unemployment insurance (UI) benefits.

Another 363,000 sought Pandemic Unemployment Assistance (PUA).

It provides up to 39 weeks of benefits for jobless workers who don't qualify for UI.

If not renewed by Congress and the White House, it expires at yea
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