Second round of stimulus; gamesmanship

#1

lawgator1

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#1
So tomorrow is the self-imposed deadline. Very interesting political situation.

Dems want $600 unemployment benefit to continue. Seems the WH was willing to go along with that for awhile, but then changed their position because the Senate wanted it to be $200, then to 70% wage replacement. Don't know how they would manage to calculate that - I saw some commentary the states would have to do it. That's a nightmare here in Florida as our system broke down early on in the virus just processing regular claims. Also negotiating points about liability, foreclosure moratorium, etc.

Trump has threatened to take executive action if Congress cannot get it done. Some thinking that it is a negotiating ploy as it is doubtful he has the authority to do so. I imagine some are hopeful that scenario occurs so he can claim credit for doing what Congress could not. On the flip side, I doubt GOPers at risk are a fan of looking inept and needing Trump to save the day.

A lot of moving parts to this one.
 
#4
#4
So tomorrow is the self-imposed deadline. Very interesting political situation.

Dems want $600 unemployment benefit to continue. Seems the WH was willing to go along with that for awhile, but then changed their position because the Senate wanted it to be $200, then to 70% wage replacement. Don't know how they would manage to calculate that - I saw some commentary the states would have to do it. That's a nightmare here in Florida as our system broke down early on in the virus just processing regular claims. Also negotiating points about liability, foreclosure moratorium, etc.

Trump has threatened to take executive action if Congress cannot get it done. Some thinking that it is a negotiating ploy as it is doubtful he has the authority to do so. I imagine some are hopeful that scenario occurs so he can claim credit for doing what Congress could not. On the flip side, I doubt GOPers at risk are a fan of looking inept and needing Trump to save the day.

A lot of moving parts to this one.

It's a conundrum for sure. The first stimulus was passed under the assumption that it would be a quick fix and we would now have the virus under control - that is clearly not the case. The V-Curve recovery is not happening as Trump and his acolytes predicted.

Trump loses in November if the economy continues to stumble which is why it's surprising that the GOP isn't interested in "going big" this time around, likewise it's surprising that the Dems do want to "go big" which would conceivably help Trump.
 
#7
#7
It's a conundrum for sure. The first stimulus was passed under the assumption that it would be a quick fix and we would now have the virus under control - that is clearly not the case. The V-Curve recovery is not happening as Trump and his acolytes predicted.

Trump loses in November if the economy continues to stumble which is why it's surprising that the GOP isn't interested in "going big" this time around, likewise it's surprising that the Dems do want to "go big" which would conceivably help Trump.

That is the overarching issue. To spark the economy for the election, the GOP does need to "go big." But, there are still some within the party who would fight that out of principle since it means more debt. It is why silver is up 50 % in a month, gold up about 15 %, and climbing.
 
#8
#8
How about mandating some hazardous duty back pay and hazardous duty pay for us essential workers?
 
#9
#9
the man that you admire most, wants to help out struggling businesses and individuals still out of work. You should align your self with him....
Maybe they should have done that the first time instead of paying off corp friends. Also the demands from the dems show they aren't interested in just helping people either. The govt is not your friend and piggy bank
 
#13
#13
That is the overarching issue. To spark the economy for the election, the GOP does need to "go big." But, there are still some within the party who would fight that out of principle since it means more debt. It is why silver is up 50 % in a month, gold up about 15 %, and climbing.

The Tea Party caucus of the GOP went ballistic when Obama was running deficits, that's all they ever talked about. They constantly fear-mongered about the debt our children and grandchildren would inherit but now it's pretty much crickets when the estimated deficit this fiscal year is $ 3.7 Trillion.
 
#14
#14
The Tea Party caucus of the GOP went ballistic when Obama was running deficits, that's all they ever talked about. They constantly fear-mongered about the debt our children and grandchildren would inherit but now it's pretty much crickets when the estimated deficit this fiscal year is $ 3.7 Trillion.
That's because many who called it out were pushed out of the gop while their movement was hijacked.

This happened years ago and you're just now realizing it?
 
#15
#15
Your insistence on speaking from ignorance is ceaseless.

You cave dwellers need to get out and earn your existence.
i work everyday....I am working right now....however there are other people that have lost their jobs....their are businesses that are suffering/closing because of this pandemic.
 
#18
#18
The Tea Party caucus of the GOP went ballistic when Obama was running deficits, that's all they ever talked about. They constantly fear-mongered about the debt our children and grandchildren would inherit but now it's pretty much crickets when the estimated deficit this fiscal year is $ 3.7 Trillion.
Narrator: They were not complaining because of the deficits.....they were complaining because of his skin color.
 
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#20
#20
The Tea Party caucus of the GOP went ballistic when Obama was running deficits, that's all they ever talked about. They constantly fear-mongered about the debt our children and grandchildren would inherit but now it's pretty much crickets when the estimated deficit this fiscal year is $ 3.7 Trillion.

The Tea Party died under the weight of the establishment.
 
#22
#22
i work everyday....I am working right now....however there are other people that have lost their jobs....their are businesses that are suffering/closing because of this pandemic.

Then they need to open or find another avenue to for their income.

Employers are literally begging for workers. There does not need to be another stimulus.
 
#23
#23
Then let people go back to work. That's the easiest and cheapest solution
That may be easy for you to say, but not easy for everyone to do. I know that everyone does not have the luxury of working from home, and I am empathetic to their situation. We are one of the richest nations in the world, Citizens should not be forced to choose between living and possibly contracting a deadly disease by going to work. No other industrialized nations forced their citizens to make such a choice.
 

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