Chris Markowski, a partner and advisor at Markowski Investments, spoke with the Daily Caller News Foundation’s Samantha Renck about the February jobs report, his thoughts on the $1.9 trillion stimulus package and more.
“I think we expected to see an uptick in jobs in the hospitality sector, which we’ve seen,” said Markowski, the host of the “Watchdog on Wall Street” podcast. “Over 90 percent of the new jobs created actually were waiters and bartenders in places starting to open up a little bit here and there,” he said.
“I just think that people got to look things a little bit differently rather than just a jobs report,” Markowski said. “We’ve got real fundamental issues with the economy at this point in time.”
Markowski also discussed the $1.9 trillion COVID-19 relief package, specifically his thoughts on the targeted stimulus checks for individuals and couples making a certain amount of money. (RELATED: Rep. Ron Johnson Objects To Skipping Reading Of 600-Page COVID-19 Relief Bill In Senate)
“I’m not a fan of sending these checks out in the first place at all,” he said. “What’s in this stimulus package, most people fail to understand, is it basically blows up the 1996 Welfare Reform.”
“It’s almost like universal basic income for kids and they’re going to be sending checks out on a regular basis if you have kids.”
Check out more from the Daily Caller News Foundation:
All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact firstname.lastname@example.org.