Stimulus & Bailout Watch Thread

[FAH1223]

 

[the cac mamba]

 

[the cac mamba]

this guys twitter handle is "Proud Socialist", so you know hes legit

 

[FAH1223]

 

[AquaCityBoy]

Manchin being a fakkit again.

"B-b-but we need more Joe Manchins than AOCs!"

 

[Pressure]

Too bad this is being presented as a "bi-partisan" relief bill

It is. By actual centrists.

 

[Pressure]

Anyway, there was no value in taking a bad bill leading into the election.

Americans decided it wasn't too important at the polls. Elections have consequences.

 

[the cac mamba]

Anyway, there was no value in taking a bad bill leading into the election.

-it was not a bad bill
-if you thought it was bad, ANYTHING passed now will be worse


the mental gymnastics you guys have to do over this

bonus question; if pelosi took the 1.8 trillion from the white house, and the senate repubs voted it down, why and how would the dems be in a worse place right now?

 

[Pressure]

-it was not a bad bill
-if you thought it was bad, ANYTHING passed now will be worse


the mental gymnastics you guys have to do over this

bonus question; if pelosi took the 1.8 trillion from the white house, and the senate repubs voted it down, why and how would the dems be in a worse place right now?

It was a bad bill.
Doesn't mean this bill won't be bad either.

As far as the last part, I've already explained that a Trump admin sponsored bill waiting to be voted on by the senate on the election day would have been a boon to him politically.

Trump remaining president means more inept management of the crisis.

Can't spend money when you're dead.

 

[the cac mamba]

It was a bad bill.
Doesn't mean this bill won't be bad either.

As far as the last part, I've already explained that a Trump admin sponsored bill waiting to be voted on by the senate on the election day would have been a boon to him politically.

Trump remaining president means more inept management of the crisis.

Can't spend money when you're dead.

thats your opinion that trump would have been given enough credit to win the election. far from a fact. most peoples minds were made up in the summer money wouldnt have even gone out for weeks

and the 1.8 trillion was far better than whatever pelosi ends up getting. theres no arguing wirh that

do you care to answer how the dems would be any worse off right now if she had taken the 1.8, and the senate repubs voted it down? because im at a loss

 

[BK The Great]

Stickied again

 

[Pressure]

thats your opinion that trump would have been given enough credit to win the election. far from a fact. most peoples minds were made up in the summer money wouldnt have even gone out for weeks

and the 1.8 trillion was far better than whatever pelosi ends up getting. theres no arguing wirh that

do you care to answer how the dems would be any worse off right now if she had taken the 1.8, and the senate repubs voted it down? because im at a loss

Yes. The same people complaining now would be complaining then.

To those people nothing is ever enough and nothing is right.


Take the vaccine.

 

[Womb Raider]

Report: NBA Teams to Receive $30M Each to Help with Finances Amid COVID-19

 

[the cac mamba]

Yes. The same people complaining now would be complaining then.

To those people nothing is ever enough and nothing is right.

fair enough

lets just all celebrate holding out to ultimately get liability protection

 

[FAH1223]

TOKYO (Reuters) - Japan will compile a fresh 73.6 trillion yen ($708 billion) economic stimulus package to speed up the country’s recovery from its deep coronavirus slump, Prime Minister Yoshihide Suga said on Tuesday.

The new package will include about 40 trillion yen in direct fiscal spending and initiatives targeted at reducing carbon emissions and boosting digital technologies, Suga said in a meeting with ruling party executives.

Policymakers globally have unleashed a wall of monetary and fiscal stimulus to prevent a deep and prolonged recession as the coronavirus closed international borders and sent millions out of work. In the United States, a $908 billion coronavirus aid plan is currently under debate in Congress.


Suga’s cabinet is set to endorse the stimulus package later on Tuesday, which would bring the combined value of coronavirus-related stimulus to about $3 trillion.

Two previous packages this year worth a combined $2.2 trillion focused on dealing with the immediate strain on households and business from the pandemic.

“We have compiled these measures to maintain employment, sustain business and restore the economy and open a way to achieve new growth in green and digital areas, so as to protect people’s lives and livelihoods,” Suga said at the meeting.


The plan includes a 2-trillion yen fund to promote carbon neutrality by 2050, 1 trillion yen to accelerate digital transformation and 1.5 trillion yen in subsidies to support restaurants hurt by shortened trading hours due to COVID-19.

Investment in digital and green initiatives is an area Suga has laid out as his key priorities.

Japan’s economy, the world’s third-largest, rebounded in July-September from its worst postwar contraction in the second quarter, though many analysts expect a third wave of COVID-19 infections to keep any recovery modest.

Japan done more stimulus than USA