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Unemployment Rate Is Probably Around 13%

April 3, 2020 at 9:57 am EDT By Taegan Goddard Leave a Comment

New York Times: “The jobless rate today is almost certainly higher than at any point since the Great Depression. We think it’s around 13 percent and rising at a speed unmatched in American history.”

“The labor market is changing so fast that our official statistics — intended to measure changes over months and years rather than days or weeks — can’t really keep up. But a few simple calculations can help piece together a reasonable approximation.”

Loeffler Sold Travel Shares Ahead of Trump Flight Ban

April 3, 2020 at 9:50 am EDT By Taegan Goddard Leave a Comment

Sen. Kelly Loeffler (R-GA) sold stock in an online travel booking company immediately before the Trump administration announced a ban on air travel from Europe, Bloomberg reports.

Loeffler had acquired the stock just days earlier.

Kentucky Warns of Fake Coronavirus Testing Sites

April 3, 2020 at 9:48 am EDT By Taegan Goddard Leave a Comment

Kentucky officials are warning residents of fake coronavirus testing sites that have popped up in the Louisville area, the Louisville Courier-Journal reports.

Medical marketing companies offering coronavirus tests have charged people up to $250 per test.

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Jobs Report Show Start of Labor Market Collapse

April 3, 2020 at 8:36 am EDT By Taegan Goddard Leave a Comment

“Employers shed 701,000 jobs in March, the start of a labor-market collapse that could push the U.S. unemployment rate to record highs,” the Wall Street Journal reports.

Key takeaway: “The data doesn’t yet fully reflect the millions of unemployment-insurance claims individuals filed in the last two weeks of March due to the coronavirus pandemic.”

Trump Says States Need to ‘Work Out’ Competing Bids

April 3, 2020 at 8:34 am EDT By Taegan Goddard Leave a Comment

“President Trump on Thursday said states need to work out competing bids for medical equipment among themselves, and continued to blame states for failing to stockpile medical equipment like ventilators. Governors are sounding the alarm that they are bidding against themselves, as well as the federal government, for much-needed medical equipment and supplies,” CBS News reports.

Said Trump: “Well they have that, and they have to work that out.”

Experts Say We’re Underestimating Length of Disruption

April 3, 2020 at 8:11 am EDT By Taegan Goddard Leave a Comment

“Public health experts are increasingly worried that Americans are underestimating how long the coronavirus pandemic will disrupt everyday life in the country, warning that the Trump administration’s timelines are offering many a false sense of comfort,” STAT reports.

Meanwhile, a new ABC News/Ipsos poll finds 44% of Americans they think they will be able to resume their regular routine by June 1.

Lawmakers Worry About Stimulus Rollout

April 3, 2020 at 7:05 am EDT By Taegan Goddard Leave a Comment

Axios: “Congress passed a $2.2 trillion stimulus bill to help struggling Americans and businesses hit hard by the coronavirus. Now, lawmakers on both sides of the aisle worry the agencies responsible for delivering the aid may not be ready for the task.”

“Some fear a repeat of what happened with the botched rollout of the Affordable Care Act in 2013 when the site crashed due to tremendous demand.”

Most Disapprove of Trump’s Handling of Crisis

April 3, 2020 at 6:55 am EDT By Taegan Goddard Leave a Comment

A new ABC News/Ipsos poll finds a majority of Americans, 54%, disapprove of President Trump’s handling of the response to the coronavirus, while 43% approve.

A ‘Shit Sandwich’ In Florida

April 3, 2020 at 6:45 am EDT By Taegan Goddard Leave a Comment

Politico: “Already anxious about Trump’s chances in the nation’s biggest swing state, Republicans now are dealing with thousands of unemployed workers unable to navigate the Florida system to apply for help. And the blowback is directed straight at Trump’s top allies in the state, Gov. Ron DeSantis and Sen. Rick Scott.”

“Privately, Republicans admit that the $77.9 million system that is now failing Florida workers is doing exactly what Scott designed it to do — lower the state’s reported number of jobless claims after the great recession.”

Said one DeSantis adviser: “It’s a shit sandwich, and it was designed that way by Scott. It wasn’t about saving money. It was about making it harder for people to get benefits or keep benefits so that the unemployment numbers were low to give the governor something to brag about.”

Hunter Biden Probe Moves Forward In Senate

April 3, 2020 at 6:42 am EDT By Taegan Goddard Leave a Comment

“A key Senate committee is vowing to press forward with its investigation targeting former Vice President Joe Biden’s son Hunter, despite logistical challenges posed by the global coronavirus pandemic,” Politico reports.

“The probe, which Democrats vigorously oppose, has fueled tension among the Senate’s ranks, even breaking out into a rare and previously unreported verbal altercation between senators during a classified briefing.”

Legal Battle Underway That Could Decide Election

April 3, 2020 at 6:38 am EDT By Taegan Goddard Leave a Comment

“President Trump’s political operation is launching a multimillion-dollar legal campaign aimed at blocking Democrats from drastically changing voting rules in response to the coronavirus outbreak,” Politico reports.

“In the past several weeks, the reelection campaign and the RNC have helped to oversee maneuvering in a handful of battleground states with an eye toward stopping some Democratic efforts to alter voting laws, and to bolster Trump. The mobilization is being closely coordinated with Republicans at the state and local levels.”

“The Trump campaign and RNC are actively engaged in litigation in Wisconsin, where the parties are at loggerheads over an array of issues including voter identification, and in New Mexico, where the battle involves vote-by-mail. The skirmishing has also spread across key states like Pennsylvania and Georgia, where the well-organized Trump apparatus has fought over changes that could sway the outcome of the election.”

Trump Ended Pandemic Early-Warning Program

April 3, 2020 at 6:35 am EDT By Taegan Goddard Leave a Comment

Los Angeles Times: “Two months before the novel coronavirus is thought to have begun its deadly advance in Wuhan, China, the Trump administration ended a $200-million pandemic early-warning program aimed at training scientists in China and other countries to detect and respond to such a threat.”

Fauci Calls for Nationwide Lockdown

April 2, 2020 at 11:33 pm EDT By Taegan Goddard Leave a Comment

Dr. Anthony Fauci recommended on that all states across the U.S. implement stay-at-home orders, Axios reports.

“The recommendation stands in contrast to President Trump’s calls for ‘flexibility.’ Nearly 4o states have issued stay-at-home orders to promote social distancing as a way to combat the novel coronavirus — but the orders vary in strictness and duration.”

Trump Falsely Says Plane Passengers Are Tested

April 2, 2020 at 11:28 pm EDT By Taegan Goddard Leave a Comment

President Trump falsely claimed that airplane and train passengers are being given “very strong tests” for the coronavirus both before departure and after arrival, CNN reports.

Said Trump: “They’re doing tests on airlines — very strong tests — for getting on, getting off. They’re doing tests on trains — getting on, getting off.”

Meadows Considers New White House Press Secretary

April 2, 2020 at 10:16 pm EDT By Taegan Goddard Leave a Comment

White House chief of staff Mark Meadows has privately discussed bringing on Pentagon spokeswoman Alyssa Farah or Trump campaign spokeswoman Kayleigh McEnany as a new White House press secretary, Axios reports.

Said current White House Press Secretary Stephanie Grisham: “Sounds like more palace intrigue to me, but I’ve also been in quarantine. If true, how ironic that the press secretary would hear about being replaced in the press.”

Trump Sows Uncertainty and Casts Blame

April 2, 2020 at 9:34 pm EDT By Taegan Goddard Leave a Comment

“In the three weeks since declaring the novel coronavirus outbreak a national emergency, President Trump has delivered a dizzying array of rhetorical contortions, sowed confusion and repeatedly sought to cast blame on others,” the Washington Post reports.

“History has never known a crisis response as strong as his own, Trump says — yet the self-described wartime president claims he is merely backup. He has faulted governors for acting too slowly and, as he did Thursday, has accused overwhelmed state and hospital officials of complaining too much and of hoarding supplies.”

“America is winning its war with the coronavirus, the president says — yet the death toll rises still, and in the best-case scenario more Americans will die than in the wars in Vietnam, Korea, Afghanistan and Iraq combined.”

“The economy is the strongest ever and will rebound in no time, he says — yet stock markets have cratered and in the past two weeks a record 10 million people filed for unemployment insurance.”

Experts Doubt White House’s Death Estimate

April 2, 2020 at 7:57 pm EDT By Taegan Goddard Leave a Comment

“Leading disease forecasters, whose research the White House used to conclude 100,000 to 240,000 people will die nationwide from the coronavirus, were mystified when they saw the administration’s projection this week,” the Washington Post reports.

“The experts said they don’t challenge the numbers’ validity but said they don’t know how the White House arrived at them.”

“White House officials have refused to explain how they generated the figure — a death toll bigger than the United States suffered in the Vietnam War or the Sept. 11, 2001, terrorist attacks. They have not provided the underlying data so others can assess its reliability or provided long-term strategies to lower that death count.”

Kushner Puts Himself in the Middle of Virus Response

April 2, 2020 at 5:36 pm EDT By Taegan Goddard Leave a Comment

New York Times: “Because of his unique status, he has made himself the point of contact for many agency officials who know that he can force action and issue decisions without going to the president. But while Mr. Kushner and his allies say that he has brought more order to the process, the government’s response remains fragmented and behind the curve.”

“Some officials said Mr. Kushner had mainly added another layer of confusion to that response, while taking credit for changes already in progress and failing to deliver on promised improvements. He promoted a nationwide screening website and a widespread network of drive-through testing sites. Neither materialized. He claimed to have helped narrow the rift between his father-in-law and General Motors in a presidential blowup over ventilator production, one administration official said, but the White House is still struggling to procure enough ventilators and other medical equipment.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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