Before the election: "Democrats insist on at least $2.2 trillion in additional spending to prop up people, businesses, and public-health agencies. Meanwhile, the Trump administration has made a $1.8 trillion-offer to Democrats — but Senate Republicans want to spend less, which reduces the changes of any deal becoming law." https://www.businessinsider.com/us-stimulus-pelosi-mnuchin-white-house-coronavirus-deadline-2020-10 This was the best possible deal with Trump pushing GOP Senators to agree to the higher number. So because of Pelosi's inability to compromise they barely want to pass half of that with Covid cases and deaths going thru the roof. She should have taken THAT deal, period. We may NEVER see another one like it on the table if the GOP holds the Senate. Now millions will suffer because of her poor decision-making...
So, the GOP holds the Senate, millions suffer and it's Pelosi's fault? The hold up is immunity from civil suits for corporations that endangered workers, you know, Turtles constituency.
Democrats in the House and Senate both wanted Pelosi to take the deal that was on the table. She never came off that 2.2 trillion dollar number. Both sides have to compromise...Mitch wants the liability shield for his corporate overlords and Pelosi wants stimulus checks for non-citizens among other things. Most importantly Trump wanted his name of checks before the election, now it doesn't matter and the American people are getting screwed because of her stubbornness.
So? not Mitch's? Which position serves the American people better? Isn't that what government is supposed to do? Which one is relief and empowering and which one is restrictive and limiting legal recourse?
McConnell was never going to pass anything.... There was no support for it in the Senate and McConnell has said this..... We still have how many hundreds of billions that went unspent that the Trump admin sent back to Congress? $400 billion?
He's a POS but at some point you have the blame the voters that reelected him. Anyways, he was on the sidelines during the stimulus talks with Pelosi and Mnuchin so he didn't have anything to do with those failed negotiations.
They couldn't have spent it without congressional approval so it's irrelevant. As far as McConnell and the Senate if Pelosi and Mnuchin came to a deal that had Trump's blessing I believe the bill would have been put on the floor for a vote after passing the House. At that point you only needed about 10 or so GOP Senators to vote with Democrats to pass it and by watching how many are still scared shitless of Trump I'm pretty sure it would have passed. Now with Trump's influence starting to wane we're stuck dealing with McConnell.
The voters are subject to the campaign paid for by his lobbyist, advocates that will say anything for effect. Are voters to be blamed for being deceived or do we blame the deceivers. Mnuchin represented the head of the party. It's the Senate Majority leader's job to bring it to a vote. But Turtle only represents his corporate backers.
It was already approved, now we have to do the whole thing again. Listen to yourself..... You are complaining the Pelosi didnt take a deal but here we are with hundreds of billions unspent. How does that add up? Maybe. Trump publicly said contradictory things so who really knows.
"In a letter to Fed Chair Jerome Powell, Mnuchin said the $455 billion allocated to Treasury under the CARES Act last spring, much of it set aside to support Fed lending to businesses, nonprofits and local governments, should be instead available for Congress to reallocate." I am and will continue to complain about Pelosi because she made a bad decision when we expect her to be the grown up in the room and know better.
This was easily foreseen. Anytime there is an economic contraction business always has massive layoffs and when the expansion comes there is never the same level of hiring. Business figures out it can get away with less employees and here we are. This is why job one for Biden needs to be to rollback the corporate tax cuts and use those funds for a massive infrastructure bill that will actually create jobs not stock buybacks.
So Trump admin declared "mission accomplished" during this Covid surge in order to return unspent funds to Congress. It's sabotage at worst and incompetence at best. ... Do we need to stop supporting businesses, nonprofits, and local governments at this point? Going to have to agree to disagree. Congress didnt even spend the money it approved for itself.
Just saw an article that ConocoPhillips is planning on laying off 25% of its Houston workforce. Following the acquisition of Concho Resources a minimum of 500 workers at Houston headquarters will be dismissed as early as Feb 1 as part of its efforts to reduce costs.
You don't need a stimulus for an unemployment rate that low Mattee of fact on this news both parties might reconsider another stimulus package
Those numbers aren't reflective of the true unemployment rate. I believe I read somewhere at this rate it'll take until 2024 just to recoup all the jobs lost during the pandemic. Look at the number of people going on UI benefits each week, it's over a million. The CDC eviction pause ends Dec 31st...basically we needed stimulus months ago.
There were significant differences (at least between the parts that details were shared). The article you linked also links to another article detailing just some of the known differences. But even *if* Democrats went along (and again, we don't know all the details nor all the differences)... trump didn't even get his own party to agree with his offer. So blaming it on Pelosi seems off target. Seems trump should have gotten his own party to agree, and both trump and republicans in congress should own the failure.
The one that includes everyone unemployed, not cherry picked numbers and categories to make it appear it's lower than it is.
