Dr. Rasmus discusses the growing economic crisis for millions of wage earners at the end of 2020, as Congress continues to debate a year end fiscal stimulus package. The bargaining maneuvers going on between McConnell, Mnuchin, Trump, Pelosi-Shumer, and the corporate wing of the Democrat Party are assessed. What it means for the unemployed, renters, students, small businesses, homeowners, and others. The show concludes with an analysis of Trump’s final move to overturn the Electoral College results before 12-14 deadline. What may be his strategy behind his ‘Plan B’? Will it succeed?

 Dr. Rasmus reviews latest labor department jobs numbers released today and compares them to the more accurate new unemployment claims numbers released yesterday. The various categories of jobless that aren’t included in the monthly jobs numbers and why unemployment benefit recipients are double that of the officially unemployed reported every month by the labor department. The show then focuses on the state of the current negotiations on a stimulus bill in Congress. The elements of the various proposals are described: McConnell’s $519 billion vs. the ‘Bipartisan’ Senate proposal $908 billion introduced last week vs. the Pelosi-Shumer original $3 trillion stimulus of last May (now reduced to $2.2 trillion since August). What’s in each. Why Biden and corporate Democrats are pushing Pelosi-Shumer to ‘capitulate’ to Republican positions (McConnell’s & Bipartisan Senate). Why Biden’s call to take what’s on the bargaining table now and we’ll come back for more after January 21, 2021 is a subterfuge and why there’ll be no ‘second’ stimulus in 2021.