Bailout / Stimulus Discussion (Hints Missed & Shartz Fired)

I showed my wife those tweets. Her response “ya that would have been nice a month ago”. But yes i agree i hope she fights now.

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Works as is

Lizzie still just doesn’t really get it. We need direct cash payments to everyone and anything short of that isn’t going to stop what happens when all the gig economy etc workers run out of money.

It’s just like she’s been living in a bubble for so long that she’s out of touch with how a lot of Americans live. But the data is there! We know tons of people live paycheck to paycheck and that tons of those people aren’t going to get paychecks for a long time!

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This would be a good time for Obama to fill the void and provide actual leadership. Or, god forbid, the presumptive democratic presidential nominee.

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Hard to give speeches on a ventilator.

Here’s what she was tweeting about a month ago, +/- a week-ish:

https://twitter.com/SenWarren/status/1230212905515339776

https://twitter.com/SenWarren/status/1230282179986497538

https://twitter.com/SenWarren/status/1230603701355765777

https://twitter.com/SenWarren/status/1230937494830624768

https://twitter.com/SenWarren/status/1231016638461415425

https://twitter.com/SenWarren/status/1232097506290524161

https://twitter.com/SenWarren/status/1232808216414900230

https://twitter.com/SenWarren/status/1233051272992915461

https://twitter.com/SenWarren/status/1233190001950822400

https://twitter.com/SenWarren/status/1233510001840394240

https://twitter.com/SenWarren/status/1233542925461704710

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Dudes, you don’t need 17 tweets or a complicated plan to give people money.

My plan, give people who are citizens money. (That’s the whole fucking plan.)

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Talks have broken down.

I know the house democrats are going to unveil their own plan sometime today.

This is unqualified good news. Seriously this isn’t actually a negotiation.

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The GOP is going to own the fallout from this, period. Democrats can set the terms and say “fuck you, no” to anything else. I have zero faith they will actually do it.

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Would they really though? Republicans are so much better at messaging they could just say they tried to give you money but democrats wouldn’t let us.

Democrats have had zero decent messaging so far and have just been a massive failure.

The solution is obviously to have the Dems go all AOC all the time on this, but of course they will not because they would rather let people die then be provocative

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https://mobile.twitter.com/JakeSherman/status/1241851603604381701

https://www.washingtonpost.com/us-policy/2020/03/22/vast-coronavirus-stimulus-bill-limbo-crunch-times-arrives-capitol-hill/

Thank you to Dem Senators for holding strong on this one. Spending multiples more on handouts to billionaires than you are on helping the 99% is the last thing this crisis needs.

We should do 4K for every adult for the next 3 months and make everyone stay home.

It would cost 2.5 trillion and save everyone.

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Victoar keeping up his .850 batting average. 90 percentish of congress is beholden to large corporate donors. It’s time to stop going full nun and acknowledge reality.

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https://mobile.twitter.com/ericawerner/status/1241860746604142594

This is what happens when you spend a decade not doing anything. When it is time to do something you are impotent to get it done.

So chuck and Nancy might have delayed things before they inevitably cave. God damn they are awesome.

Nunnspotlight.gif

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But think of the donors

“I don’t want to give a bailout to a company and then have somebody go out and use that money to buy back stock in the company and raise the price and then get a bonus,” Trump said. “So I may be Republican, but I don’t like that. I want them to use the money for the workers.”

In case anyone is interested in the amount the GOP bill would have given.

In addition to $500 billion in loans and loan guarantees to businesses, states, and cities, the Senate GOP legislation would appropriate $350 billion for small businesses that is meant to help prevent more layoffs. It would also send $1,200 checks to many Americans, bolster the unemployment insurance system, and disburse a broad range of emergency funds to help reinforce hospitals and other areas.

For example, the direct payments to households would appropriate $1,200 per qualifying adult and $500 per child at a cost of around $250 billion. The cash disbursements in the new agreement would phase out for people with incomes of $75,000 and above. The legislation also includes about $100 billion for hospitals and about $250 billion to beef up state unemployment insurance programs — both major priorities for Democrats.

And for small businesses

small businesses will be able to obtain loans up to 250 percent of their one-month payroll. That money, as long as it is used for businesses expenses such as paying workers or providing their benefits, or to cover rent, will be entirely forgiven

On a timeline

the sweeping economic package is designed to last for 10 to 12 weeks, and the administration would revisit whether it would seek additional assistance from Congress

And one final LOL to the GOP

$100-billion plus package enacted last week negotiated between Pelosi and Mnuchin. Many Senate Republicans were unhappy with paid sick leave provisions in that bill but voted for it anyway.