Released: 12-Oct-2020 1:45 PM EDT
Newswise
This is claim is misleading. Although these jobs were slowly added after the intitial drop of 22 millions jobs at the start of the pandemic, most of these jobs were added because businesses were able to bring back employees who were previously furloughed or end temporary shutdowns. There is no evidence that the job growth was because of the adminstration’s fiscal and regulatory policies. In fact, if anything, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, inacted by congress (not the president) in March, helped some small businesses bring back lost positions or keep workers who would otherwise have been laid off.