Democrats must be dancing naked in the forest. This is their dream – misery, sorrow, unemployment, hardship.
Tens of thousands of job cuts were announced over a 24-hour period, from banks to oil giants, to Disney.
American Airlines to Begin Furloughing 19,000 Workers After Pelosi Fails to Agree to Deal with Mnuchin
American Airlines said it will begin furloughing 19,000 workers after lawmakers and the White House can’t agree on a coronavirus relief deal.
The major airlines have held off on layoffs and mass furloughs under the terms of a $25 billion payroll support program Congress passed in March. The deal was aimed at helping the airlines cope with shutdowns, quarantines, and a crash in bookings, but at the time it was passed, lawmakers believed demand for air travel would recover in a few months.
The March legislation’s ban on cutting jobs expires October 1. Demand for air travel has recovered a bit since the depths of March and April, but passenger volume remains 70 percent below pre-pandemic levels.
Airline executives say they simply cannot avoid eliminating jobs and furloughing employees without a new round of relief from Congress.
American Airlines Chief Executive Doug Parker said in a letter to employees that he stood ready to reverse the furloughs if lawmakers reach a deal, according to Reuters.
U.S. Treasury Secretary Steven Mnuchin said on Fox News on Thursday that talks with House Speaker Nancy Pelosi had made progress, but no deal has been reached. Democrats have resisted reaching a deal with Republicans, with some Democratic politicians and strategists worried that any deal to boost the economy might help Trump’s re-election efforts. Some liberal activists oppose any deals with the Trump administration under any circumstances.
Majority Leader Mitch McConnell called a proposed $2.2 trillion coronavirus relief package from the Democrats “outlandish.”
President Trump has told Capitol Hill Republicans that he would prefer a bill that spent more than the earlier Republican proposal that was rejected by Democrats to no deal at all.
Airlines spent the last several months furiously lobbying lawmakers for a second round of $25 billion of payroll support that would avoid job cuts until the end of March.
United has said it will eliminate more than 13,000 jobs if there is no deal.
Have a tip we should know? Your anonymity is NEVER compromised. Email firstname.lastname@example.org
The Truth Must be Told
Your contribution supports independent journalism
Please take a moment to consider this. Now, more than ever, people are reading Geller Report for news they won't get anywhere else. But advertising revenues have all but disappeared. Google Adsense is the online advertising monopoly and they have banned us. Social media giants like Facebook and Twitter have blocked and shadow-banned our accounts. But we won't put up a paywall. Because never has the free world needed independent journalism more.
Everyone who reads our reporting knows the Geller Report covers the news the media won't. We cannot do our ground-breaking report without your support. We must continue to report on the global jihad and the left's war on freedom. Our readers’ contributions make that possible.
Geller Report's independent, investigative journalism takes a lot of time, money and hard work to produce. But we do it because we believe our work is critical in the fight for freedom and because it is your fight, too.
Please contribute here.
Make a monthly commitment to support The Geller Report – choose the option that suits you best.