Republicans squabble over whether to let the economy burn
Back on June 5, President Trump declared, Today is probably, if you think of it, the greatest comeback in American history. The occasion was a month of job growth, which he said was so spectacular that George Floyd was beaming about it from heaven. This is a great day for him," Trump said. "Its a great day for everybody.
The comeback" has not turned out to be quite so glorious. On Thursday, it was reported that 2.3 million Americans filed for unemployment insurance, the 18th straight week in which that number exceeded 1 million. In Congress, this continued economic catastrophe has set Republicans fighting with one another, as their small-government ideology crashes against an economic nightmare that could cost them the White House and the Senate.
To begin, we should note that while most headlines are citing 1.4 million as the number of newly unemployed, that figure covers only those applying for traditional state unemployment insurance. When you add in those who applied to the Pandemic Unemployment Assistance program which was set up for gig workers and others who arent eligible for ordinary UI the total is 2.3 million for this past week. That brings the total number of Americans either on unemployment or waiting to get approved to a stunning 34 million.
So Republicans are grudgingly coming around to providing another round of assistance to the economy.
The first thing theyve done is drop Trumps demand for a payroll tax cut, because it was a dumb idea that no one except Trump liked. But Republicans are still squabbling among themselves, particularly over how much help to give those tens of millions of unemployed Americans.
https://www.washingtonpost.com/opinions/2020/07/23/republicans-squabble-over-whether-let-economy-burn/
C_U_L8R
(44,992 posts)Walleye
(30,984 posts)SWBTATTReg
(22,077 posts)people needing assistance live in the districts that these thugs represent. So, many of these people needing assistance are going to be of all stripes, democratic and republican, as well as independents.
So, repugs, in resisting anymore economic help to help everyday Americans are simply hurting themselves, when this shouldn't be even an issue.
I guess their help, if it ever comes, is running against their cred of helping only the 1%ers and the already trillions of dollars the republicans gave this group via tax cuts.
Despicable.
It's like we have two unique classes only in this country, those 1% that make by far the majority of all income earned in this country, or the 99% of us that truly need this economic help, during this perilous time.
House of Roberts
(5,167 posts)The more of them you can create, the bigger the profits for the few at the top with the deepest pockets.
2naSalit
(86,345 posts)underpants
(182,632 posts)I saw video of him just walking around and talking to reporters like that yesterday
lagomorph777
(30,613 posts)What a douche.
underpants
(182,632 posts)keithbvadu2
(36,676 posts)Time for another all-purpose cure... Tax cuts for the rich.
It's worked so well this far.