| | Dear Friend: Ignoring the fact that Donald Trump’s response to the pandemic has extended the worst economic collapse in decades, he continues to claim he “built the greatest economy in the history of the world.” Yet his Republican cronies think the $600 unemployment supplement is so high it will deter workers from returning to jobs. Writing in Sold Short, The New Republic’s inequality section, J.C. Pan writes that “the curious situation of the enhanced unemployment benefits exceeding people’s wages also points to another grave (and worsening) aspect of American economic life that started well before the pandemic.” Pan’s answer to the Republican argument: “The pandemic benefit seems so great because actual wages are insanely low.” Why is this rarely mentioned in mainstream coverage? Because only independent media can deliver the unfiltered truth without fear of stockholder or advertiser reprisal. If you’re looking for honest, fearless journalism, we have a special offer: Get three months of unlimited digital access to The New Republic for just $5! Sincerely, Kerrie Gillis, publisher Read J.C. Pan now Alert: September issue available online Aug 13 | | | | Copyright © 2020 The New Republic, All rights reserved. | | |
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