The pending federal stimulus package, along with earlier legislation focused on sick leave, offers the United States a very good chance of quick economic recovery following the coronavirus outbreak.

The stimulus is far from perfect, starting that it will cost more than $2 trillion, which is a 2 followed by 12 zeros. Political leaders are calling the pandemic crisis a war and that’s accurate because of the unbelievable cost.

Provisions in the stimulus stand to be very beneficial and they need to be because the U.S. Treasury will need to recover its huge expenses at some point, which generally means more taxes.

First things first, though: Unlike previous government stimulus programs in previous crises, the current programs aim to keep employees and employers closely linked, even during furloughs and layoffs.

Using broadened sick leave, a massive new unemployment assistance fund and checks to be sent to many middle-income workers, employees should be able to retain their jobs and sustain their incomes even if temporarily laid off or at home ill.

Even those who lose some of their hours at work will be eligible for unemployment assistance.

Added to these individual provisions are options for businesses to obtain loans that may not even need to be repaid if workforces are kept in place.

Yes, it’s welfare. Individual welfare. Corporate welfare. It amounts to the government adding a new line of printing presses to churn out a lot more money. It’s not the way governments should run, especially not under a Republican administration. It’s overkill even, but a lesson learned from underkilling the past several economic upheavals.

Toss those thoughts aside though. The expensive steps aren’t the preferred way for things to happen but they are necessary if the country is to stave off recession and hold onto a good chance for a quick economic recovery.

The key to a fast recovery, measured in months instead of years, is getting workers back on the job and producing for their employers. The stimulus will do that while propping up businesses during the interim.

An amazing thing about the virus crisis is that no one did anything wrong to mess up a strong economy. Businesses were smart. Employees were productive. Then, blammo, a little bug came calling.

Once the virus spread — that single upsetting factor — is controlled, the economy can roar again as long as businesses don’t have to face a long rebuilding. The stimulus, a play of last resort, improves the odds the economy can blast off soon.

— Today’s News-Herald

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HwyRovr

27 March 2020 - the 1530 update

Here is the impeached loser Republiscums keep backing – At Fridays Dog and Pony Show the impeached fool demanded Governors Appreciate Him to Get Help, “If They Don’t Treat Me Right, I Don’t Call!”

Ahead of the Dog and Pony Show the impeached fool, in the Oval Office, signed the coronavirus stimulus package into law alongside Senate Majority leader Mitch McConnell and House Minority leader Kevin McCarthy…but no Democrats because the impeached scum is a petty b%*&h.

HwyRovr

The $2.2 trillion coronavirus relief bill, which features both direct payments to the American public and loans to small businesses as well as more corporate bailouts, has ended up as the largest disaster relief package in the history of the United States. And while the impeached president and his family of crooks were supposed to be blocked from benefiting from the stimulus package, it seems as though some of the provisions featured in the fine print of the 880-page corporation-friendly emergency relief bill offers up a loophole for both the impeached president himself and his son-in-law Jared Kushner to reap the benefits after all.

Despite Democrats’ efforts to include provisions that disallow the impeached president, along with other government officials and their families from dipping into the proverbial honey pot, the New York Times now reports that overwhelming swell of the bill during negotiations had led to an additional provision for benefits for special interests, and it will mean Kushner will get a check after all.

The block against government officials receiving a cut of the relief package appears to only apply to those who “directly or indirectly” control 20 or more percent of a company. Ivanka’s husband has a habit of splitting up his ownership between himself and his parents and siblings, often leaving him with ownership over less than 20 percent criteria of the company.

And it seems as though Kushner may not be the only member of the losers clan that’s eligible for the exceptions.

Provisions outlined in the bill allowing for companies with multiple hotels to qualify as a small business, making them eligible for the loans, as well as benefits regarding tax breaks for restaurants that could ultimately serve as a cut of the stimulus package for the president himself, as is crooked Organization owns a small chain of hotels as well as several restaurants.

These fine-print provisions could ultimately allow the impeached president to receive massive tax breaks as well as the small business loans allowed in the package provided he continues to pay his employees — though reports have indicated that hundreds of workers have already been laid off.

Honestly, it comes as no surprise that the impeached losers jockeys in Congress sank their teeth in and refused to relieve the American public until they found a way to benefit the scumbag, and by default themselves. All while the rest of us out here in the real world will barely be getting enough to make ends meet.

HwyRovr

"...no one did anything wrong..." Reilly?

January 22: “We have it totally under control. It’s one person coming in from China, and we have it under control. It’s going to be just fine.” Taken from a Trump interview with CNBC.

February 2: “We pretty much shut it down coming in from China.” Taken from an interview with Fox News.

February 24: “The Coronavirus is very much under control in the USA … Stock Market starting to look very good to me!” Taken from Trump’s Twitter.

February 25: “CDC and my Administration are doing a GREAT job of handling Coronavirus.” Taken from Trump’s Twitter.

February 25: “I think that’s a problem that’s going to go away.” Taken from a press conference Trump delivered in India.

February 26: “The 15 [US COVID-19 cases] within a couple of days is going to be down to close to zero”; “We’re going very substantially down, not up.” Taken from a press conference led by Trump and Vice President Mike Pence.

February 27: “One day it’s like a miracle, it will disappear.” Taken from remarks Trump gave during an event commemorating Black History Month.

February 28: “We’re ordering a lot of supplies. We’re ordering a lot of — a lot of elements that, frankly, we wouldn’t be ordering unless it was something like this. But we’re ordering a lot of different elements of medical.” Taken from remarks Trump made to reporters.

“We’re ordering a lot of supplies. We’re ordering a lot of, uh, elements that frankly we wouldn’t be ordering unless it was something like this. But we’re ordering a lot of different elements of medical.” — Trump on the coronavirus pic.twitter.com/id6YLzbmRE

March 2: “You take a solid flu vaccine, you don’t think that could have an impact, or much of an impact, on corona?”; “And we’re going to be very successful. A lot of things are happening. A lot of very exciting things are happening, and they’re happening very rapidly.” Trump made these remarks during a public meeting with leaders from pharmaceutical companies.

March 4: “If we have thousands or hundreds of thousands of people that get better just by, you know, sitting around and even going to work — some of them go to work, but they get better.” Taken from another Trump interview with Fox News.

March 5: “I never said people that are feeling sick should go to work.” Taken from Trump’s Twitter.

March 6: “I think we’re doing a really good job in this country at keeping it down … a tremendous job at keeping it down”; “Anybody right now, and yesterday, anybody that needs a test gets a test. They’re there”; “I like this stuff. I really get it. People are surprised that I understand it”; I don’t need to have the numbers double because of one ship that wasn’t our fault.” Taken from a press conference Trump gave at the Centers for Disease Control.

March 8: “We have a perfectly coordinated and fine tuned plan at the White House for our attack on CoronaVirus.” Taken from Trump’s Twitter.

March 9: “This blindsided the world.” Taken from Trump’s remarks at a press conference.

Mr Lemons

"Reilly?"

simon1dog

Amen

HwyRovr

NEWS UPDATE

Once again proving Republiscums cannot be trusted the Senate was about to approve the largest recovery bill in U.S. history on Wednesday night when Minority Leader Chuck Schumer hit pause, realizing something was missing — revised language designed to bar the impeached president from getting money for his own businesses had mysteriously disappeared. .

Democrats and Republicans had already agreed to a rewritten clause, but the update somehow had not made it into the final printed legislation.

For two hours, Schumer and fellow Democrats held up the bill — written to boost a faltering economy amid the coronavirus outbreak — while the stricter language was put back into the bill. The Senate passed the $2 trillion package just before midnight.

The change was meant to close a loophole in the original clause that barred loans to businesses that were at least 20 percent owned by presidents or their children, spouses and in-laws. The updated language extended the ban to businesses in which several family members collectively have a 20 percent stake.

For Democrats, it was a small victory after three years of fruitless efforts to block Trump from linking his private business interests with America’s highest public office.

Mr Lemons

"language designed to bar the impeached president from getting money for his own businesses"

The "language" wasn't targeted specifically to the President as you (and most media) imply. Those excluded from participating and benefiting from the $2 trillion package are as follows in the actual H. R. 748:

The President, the Vice President, the head of an Executive department, or a Member of Congress; and the spouse, child, son-in-law, or daughter-in-law, as determined under applicable common law, of an individual described in subparagraph.

So it includes Dianne Feinstein and her stock-selling hubby and all members of the House and Senate and their families. Unfortunately, Hunter Biden can take advantage of the bail out.

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