Dr. Chhoda analyzes the impact of the new August jobs report on the stimulus negotiations.
Now that the jobless rate has fallen to 8.4%, the President and the Vice President have more leverage in their negotiations with the Democrats, as seen in the President’s tweets and the Vice President’s interview this morning on CNBC. This also makes the Democratic demand of $2.2 trillion a tough ask in the coming days.
We answer the question: Does this now embolden voices in White House saying more stimulus is unnecessary, decreasing a stimulus bill with a second stimulus check, paycheck protection program 2.0 and more?
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