Unemployment claims, employment, shipping costs, oil prices

Summary:
Down a bit since Federal benefits expired. This materially cuts gov. spending: A lot worse than expected. They thought the end of Federal benefits would send people back to work.However, a cut in Federal spending cools down aggregate demand: Transitory comes to mind: Saudis and Russians are working together to set price. What could go wrong???:(

Topics:
WARREN MOSLER considers the following as important: Economic Releases

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