COVID-19 Megathread 5: The Trumps catch COVID-19 (user search)
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  COVID-19 Megathread 5: The Trumps catch COVID-19 (search mode)
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Author Topic: COVID-19 Megathread 5: The Trumps catch COVID-19  (Read 275092 times)
SInNYC
Jr. Member
***
Posts: 1,227


« on: July 24, 2020, 11:50:47 AM »

Should have these 4 components for sure.

1. Direct stimulus to every American citizen, drop the means testing(it's not worth the redtape upfront) and develop a system for future instances where direct stimulus can be distributed instantly and evenly.

2. Money for states, this is very important.

3. Bonus compensation for medical professionals and grocery and others workers who continued working throughout the pandemic at risk and harm to themselves.

4. Continue the extra $600 weekly unemployment insurance as is, it's been credited with economists on the left and right as keeping households and businesses from drowning.


This is a good basis, but the items need to be pegged to economic statistics. Otherwise, its entirely possible that the senate shuts everything off in the next round (if Biden wins and Rs keep the senate) and we are just plunged into a deep recession in 2021.

This unfortunately sounds like just politics, but its the reality of the world we live in. However, pegging it to economic stats is also good policy and not just politics.
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SInNYC
Jr. Member
***
Posts: 1,227


« Reply #1 on: July 24, 2020, 08:54:23 PM »

Should have these 4 components for sure.

1. Direct stimulus to every American citizen, drop the means testing(it's not worth the redtape upfront) and develop a system for future instances where direct stimulus can be distributed instantly and evenly.

2. Money for states, this is very important.

3. Bonus compensation for medical professionals and grocery and others workers who continued working throughout the pandemic at risk and harm to themselves.

4. Continue the extra $600 weekly unemployment insurance as is, it's been credited with economists on the left and right as keeping households and businesses from drowning.


This is a good basis, but the items need to be pegged to economic statistics. Otherwise, its entirely possible that the senate shuts everything off in the next round (if Biden wins and Rs keep the senate) and we are just plunged into a deep recession in 2021.

This unfortunately sounds like just politics, but its the reality of the world we live in. However, pegging it to economic stats is also good policy and not just politics.


 The recession is coming and Biden will have to clean up this mess at the same time that rightwing media and pundits will have no shame whatsoever in blaming the mess on Biden.

As I said, thats why you peg it to economic stats instead of passing a one time bill.
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