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catbyte

(34,338 posts)
Mon Jun 8, 2020, 09:57 PM Jun 2020

Republicans' big bet on the economy

GOP senators don't plan to act on new coronavirus aid until next month — a decision that could backfire come November.

By BURGESS EVERETT and MARIANNE LEVINE

06/08/2020 07:43 PM EDT

The United States officially is in a recession. But Senate Republicans are still in no rush to dole out more coronavirus relief.

Buoyed by a surprisingly strong jobs report last week and the knowledge that some of Congress’ $2 trillion March spending package still hasn’t been spent, the Senate GOP remains noncommittal on the timing and substance of the next piece of legislation. Bipartisan talks still haven’t begun in earnest, according to senators and aides, and the White House and senior Republican senators say they won’t start until July.

snip

Senate Minority Leader Chuck Schumer (D-N.Y.) on Monday called on McConnell to pass new relief legislation before the July 4 holiday. He said last week’s good news shouldn’t cause the fifth tranche of coronavirus money to stall.

“I fear that the recent bump in the employment number, caused in large part because of the stimulus money we pumped into the economy, will create in Republicans a sense of complacency and the economy will get even worse,” Schumer said.

That would be an unmitigated disaster for McConnell, who is running for reelection and trying to keep his majority in difficult conditions. And not all of his members are comfortable staying in a holding pattern: Gardner threatened to stop the last recess over lack of action on coronavirus relief legislation. Sen. Susan Collins (R-Maine) said she agreed with his stance. Both are running for reelection in blue territory.

snip

https://www.politico.com/news/2020/06/08/republicans-recession-coronavirus-aid-307764




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Republicans' big bet on the economy (Original Post) catbyte Jun 2020 OP
9 missed meals I_UndergroundPanther Jun 2020 #1
"Surprisingly strong jobs report" John Fante Jun 2020 #2
And let's not forget the stock market recovery. Republicans don't give a damn about Main Street. catbyte Jun 2020 #3
"Slightly surprisingly not completely catastrophic" is more like it unblock Jun 2020 #6
Message auto-removed Name removed Jun 2020 #4
i saw a drumpf commercial today in michigan....... Takket Jun 2020 #5
Trump's contributions were all negative. He wanted to reopen John Fante Jun 2020 #7

I_UndergroundPanther

(12,462 posts)
1. 9 missed meals
Mon Jun 8, 2020, 10:02 PM
Jun 2020

Lead to food riots I heard.

What are people going survive on Moscow Mitch ,air? Gonna wait until evictions start you poisonous prick?

Fuck all the republicans.ditch Mitch and the rest,forever.
I hope Mitch destroys republicans and they never get elected again,forever.

catbyte

(34,338 posts)
3. And let's not forget the stock market recovery. Republicans don't give a damn about Main Street.
Mon Jun 8, 2020, 10:13 PM
Jun 2020

Wall Street is all that matters to them.

Response to catbyte (Original post)

Takket

(21,529 posts)
5. i saw a drumpf commercial today in michigan.......
Mon Jun 8, 2020, 10:22 PM
Jun 2020

the commercial said drumpf was "restoring industry". i almost laughed out loud at the absurdity of it. he completely ABANDONED the entire corona response and left it to the governors to implement 50 different strategies with no real synergy at all from state to state. and as it was left to governors to close it was also left to them to open. drumpf contributed NOTHING to reopening the economy other than fanning the flames of rage against the very governors he told were on their own to do whatever they wanted.

John Fante

(3,479 posts)
7. Trump's contributions were all negative. He wanted to reopen
Mon Jun 8, 2020, 10:41 PM
Jun 2020

on Easter Sunday FFS! If anything, he hurried Republican governors (all eager to kiss his ass) into opening sooner than they should have.

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