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Trump - R_P - May 28, 2020 - 6:44pm
 
Covid-19 hits home at RP - AliGator - May 28, 2020 - 6:04pm
 
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Derplahoma Questions and Points of Interest - Red_Dragon - May 28, 2020 - 2:13pm
 
Things You Thought Today - Proclivities - May 28, 2020 - 1:25pm
 
Canada - R_P - May 28, 2020 - 12:52pm
 
Capitalism and Consumerism... now what? - islander - May 28, 2020 - 11:29am
 
the Todd Rundgren topic - Steely_D - May 28, 2020 - 10:59am
 
Amazon Echo/Alexa stream not working - BillG - May 28, 2020 - 8:09am
 
Counting with Pictures - Proclivities - May 28, 2020 - 7:56am
 
Radio Paradise Comments - Coaxial - May 28, 2020 - 5:52am
 
Today in History - Red_Dragon - May 28, 2020 - 5:21am
 
Vinyl Only Spin List - kurtster - May 28, 2020 - 12:55am
 
What Did You Do Today? - whatshisname - May 27, 2020 - 11:40pm
 
Favorite Books from Your Youth - kcar - May 27, 2020 - 9:20pm
 
260,000 Posts in one thread? - oldviolin - May 27, 2020 - 8:57pm
 
Name My Band - Red_Dragon - May 27, 2020 - 7:38pm
 
Reinstock '05 Link Repository - AliGator - May 27, 2020 - 7:18pm
 
Those lovable acronym guys & gals - R_P - May 27, 2020 - 5:19pm
 
Photos you have taken of yourself - n4ku - May 27, 2020 - 4:14pm
 
Way Cool Video - miamizsun - May 27, 2020 - 3:02pm
 
YouTube: Music-Videos - miamizsun - May 27, 2020 - 3:00pm
 
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Shuttle, ISS and other Real Space Ships - islander - May 27, 2020 - 2:22pm
 
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(Big) Media Watch - R_P - May 27, 2020 - 1:40pm
 
Overheard - miamizsun - May 27, 2020 - 1:30pm
 
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Republican Party - R_P - May 27, 2020 - 1:13pm
 
Economix - R_P - May 27, 2020 - 10:40am
 
Baseball, anyone? - ScottFromWyoming - May 27, 2020 - 10:07am
 
Mixtape Culture Club - miamizsun - May 27, 2020 - 10:00am
 
Outstanding Covers - oldviolin - May 27, 2020 - 8:52am
 
Books - Proclivities - May 27, 2020 - 7:58am
 
Resume stream vs. jump to live - pclancey - May 27, 2020 - 7:22am
 
RP Main Mix on TuneIn unavailable? - BillG - May 27, 2020 - 6:10am
 
Squirrels Just Want To Have Fun! - R_P - May 26, 2020 - 6:05pm
 
Unable to stream via Echo 8 - Jonmarvin - May 26, 2020 - 5:08pm
 
Trump Lies - haresfur - May 26, 2020 - 3:43pm
 
Well, DUH!! - Red_Dragon - May 26, 2020 - 3:27pm
 
Happy Birthday To Me! - kcar - May 26, 2020 - 1:42pm
 
FLAC Streaming - Ohewitt - May 26, 2020 - 10:48am
 
Environment - R_P - May 26, 2020 - 9:38am
 
New Song Submissions system - KurtfromLaQuinta - May 25, 2020 - 6:52pm
 
Tech & Science - Steely_D - May 25, 2020 - 2:54pm
 
UK Heos Denon not available - Patienceman - May 25, 2020 - 1:50pm
 
2020 Elections - sirdroseph - May 25, 2020 - 12:40pm
 
Sonos - toomanyollys - May 25, 2020 - 11:02am
 
HELP! Sound Cutting out problem - BillG - May 25, 2020 - 10:17am
 
• • • The Once-a-Day • • •  - oldviolin - May 25, 2020 - 9:53am
 
Phine Phound Photographs - haresfur - May 24, 2020 - 9:28pm
 
Taxes, Taxes, Taxes (and Taxes) - haresfur - May 24, 2020 - 2:35pm
 
Tidal / Spotify - Steely_D - May 24, 2020 - 1:05pm
 
RP App problems on iPod? - jtessier1841 - May 24, 2020 - 9:52am
 
In My Room - buddy - May 23, 2020 - 5:34pm
 
Interesting or Weird Cover Versions - Coaxial - May 23, 2020 - 1:29pm
 
Fake News*  ?  ! - R_P - May 23, 2020 - 12:27pm
 
Google Home NOT compatible?? - d_m_g_3 - May 23, 2020 - 9:32am
 
Lyrics that strike a chord today... - oldviolin - May 22, 2020 - 9:22pm
 
Shall We Dance? - buddy - May 22, 2020 - 9:09pm
 
HALF A WORLD - oldviolin - May 22, 2020 - 8:48pm
 
Things for which you would sell ManBird's soul - oldviolin - May 22, 2020 - 3:05pm
 
New Music - R_P - May 22, 2020 - 12:49pm
 
Sunrise, Sunset - Coaxial - May 22, 2020 - 11:05am
 
Weird Science stories - Red_Dragon - May 22, 2020 - 8:37am
 
How's the weather? - Proclivities - May 22, 2020 - 8:00am
 
Play the Blues - sirdroseph - May 22, 2020 - 5:52am
 
Dropouts on Bluesound PulseFlex2i - nieroster - May 22, 2020 - 2:01am
 
Bug Reports & Feature Requests - gtufano - May 21, 2020 - 11:46pm
 
Attention Class! Time for Geography - haresfur - May 21, 2020 - 10:08pm
 
Automotive Lust - KurtfromLaQuinta - May 21, 2020 - 9:30pm
 
Pernicious Pious Proclivities Particularized Prodigiously - R_P - May 21, 2020 - 2:56pm
 
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R_P

R_P Avatar



Posted: May 28, 2020 - 6:44pm

It's going around too...
The Pulitzer-winning cartoonist Nick Anderson has described Donald Trump as an “adolescent wannabe authoritarian”, after the US president’s re-election campaign failed to pull one of Anderson’s cartoons mocking Trump’s inaccurate suggestion that injecting disinfectant could protect against Covid-19.

Red_Dragon

Red_Dragon Avatar



Posted: May 28, 2020 - 6:43pm



 haresfur wrote:
 
To be fair, it shocked me how bad Kurt thought the US problems were under Obama.

 
Yeah, ya know... with the whole longest period of economic growth and all...
haresfur

haresfur Avatar

Location: The Golden Triangle
Gender: Male


Posted: May 28, 2020 - 5:35pm



 buddy wrote:


 kcar wrote:


 kurtster wrote:
Day old Gazpacho

 

It doesn't surprise me that you think Trump's doing a good job. You'll be stuck in that rut 'til your very last day on earth. It shocks me that you don't understand how bad our country's problems are.
 

Epic drop mic   


 
To be fair, it shocked me how bad Kurt thought the US problems were under Obama.

buddy

buddy Avatar

Location: Denver
Gender: Male


Posted: May 28, 2020 - 4:57pm



 kcar wrote:


 kurtster wrote:
Day old Gazpacho

 

It doesn't surprise me that you think Trump's doing a good job. You'll be stuck in that rut 'til your very last day on earth. It shocks me that you don't understand how bad our country's problems are.
 

Epic drop mic   

kcar

kcar Avatar



Posted: May 28, 2020 - 2:45am



 kurtster wrote:

A) Deflection. You're crazy if you think I'm going to answer any of those questions, especially given your intent and context.

B)
I read what you posted. You posted the text excerpt yourself, so I must assume that you posted the parts that supported your initial claim, Blame Trump.

C) You and I have vastly different ideas about what a / our government is supposed to do and not do. There lies the major part in why you cannot understand my continuing support of Trump.


 





A. Those 3 questions were honest, simple and to the point. The point being C: "why do you still support a president and party that are doing f#ck-all to protect your job and life during a major economic crash and pandemic? "



You can't admit that the $2400 you and your wife got from the CARES Act helped your family. And you can't admit that federal government should be doing more to help average Americans and small businesses during this crisis. And you can't admit it would be nice for you and the optician shop owner if the business stayed afloat and employed you.

My intent and context don't matter. Those questions were simple and straightforward. We don't even have to mention Trump for you to answer them honestly. Apparently you really have a problem with the notion that the federal government should be helping average Americans and small businesses because you post

"C) You and I have vastly different ideas about what a / our government is supposed to do and not do. There lies the major part in why you cannot understand my continuing support of Trump."


Kurt, you might want to read up on John Maynard Keynes and Keynesian economics. His ideas were controversial back in the 30s but they helped America recover from the Great Depression. They also helped the US recover from the Great Recession. The federal government should intervene with fiscal stimulus and assumption of debt financing when monetary stimulus is non-existent or insufficient.

If you don't think that the federal government has a responsibility to help our economy recover over the next year or two then you live in a dark and scary world that will only get worse and worse for you. And the rest of average Americans.


You do
apparently want the federal government to stop illegal immigration and IIRC strongly limit immigration entirely. You do want the federal government to dramatically re-shape our economy so that the feds regulate the economy on some form of economic nationalism, where the US relies mostly on American companies and strongly limits foreign trade. So you do want MORE government control over the economy. Yet you apparently DON'T want the government to intervene when the economy and employment collapse.

As for B) I cannot entirely or even mostly blame Trump for Grassley's insertion of tax code changes to benefit rich individuals and companies. As the Times' op-ed writer pointed out though, those changes will benefit Trump and Jared Kushner. I'd be quite surprised if Trump knew nothing of Grassley's doings. I posted the piece because it highlighted how the GOP is helping the rich at a time when the rest of Americans are in real crisis.


Please, tell us how you expect the American economy to recover without further federal government assistance.
I can't blame Trump entirely for our economic problems, but AFAICT he has no plan to get the economy started again apart from wishing the coronavirus will go away.

As for testing and contact-tracing individuals to rein in Covid19, he's largely punted to the states and...Christ, I don't know. But apparently you have some quite different notions from my ideas about what the federal government should do during a pandemic. What do you think the federal government and Trump should do? Nothing? 

It doesn't surprise me that you think Trump's doing a good job. You'll be stuck in that rut 'til your very last day on earth. It shocks me that you don't understand how bad our country's problems are.
kurtster

kurtster Avatar

Location: drifting
Gender: Male


Posted: May 28, 2020 - 1:17am

 kcar wrote:


 kurtster wrote:
You're moving the goal posts, dude. Nowhere in your original post did you mention Grassley. It was Trump who you singled out.

Here's a refresher for you. Did I miss your mention of Grassley ?

 

A)1. You didn't answer my three questions, dude. Let's boil it down to one: C) why do you still support a president and party that are doing f#ck-all to protect your job and life during a major economic crash and pandemic? 

So. Much.Winning.
B) I posted the words below 2 hours ago. The bolded links that you see below are embedded in the NYT op-ed piece that I posted three hours ago.
...
Also—and the following links are embedded in the NYT op-ed piece I excerpted—the tax breaks in question are extremely complex.

Senator Charles Grassley (R, Iowa) was responsible for inserting the tax breaks into the bill:


Democrats seek to repeal the Millionaires Giveaway while a leading Republican defends it. The tax break was inserted in the CARES Act by Sen. Charles Grassley, chairman of the Senate tax-writing committee. In a Fox News op-ed he accused those who oppose it of engaging in “class warfare.” Of  course, it is Grassley who declared war on working families by lavishing tax giveaways to the rich in the midst of a national emergency.

Sheldon Whitehouse (D-RI) and Rep. Lloyd Doggett (D-TX) are to repeal this offensive tax break. As of May 7, their bills are supported by 24 senators (S. 3640) (including six who ran for president this cycle) and 52 members of the House (H.R. 6579). Their effort has been endorsed by 194 organizations and growing. The repeal effort also covers other business-loss tax provisions in the CARES Act that lose $25 billion, bringing the total revenue recovery sought to $160 billion.

 
A) Deflection.  You're crazy if you think I'm going to answer any of those questions, especially given your intent and context.

B)  I read what you posted.  You posted the text excerpt yourself, so I must assume that you posted the parts that supported your initial claim, Blame Trump.

C)  You and I have vastly different ideas about what a / our government is supposed to do and not do.  There lies the major part in why you cannot understand my continuing support of Trump.
kcar

kcar Avatar



Posted: May 28, 2020 - 1:05am



 kurtster wrote:


You're moving the goal posts, dude. Nowhere in your original post did you mention Grassley. It was Trump who you singled out.

Here's a refresher for you. Did I miss your mention of Grassley ?

 

1. You didn't answer my three questions, dude. Let's boil it down to one: why do you still support a president and party that are doing f#ck-all to protect your job and life during a major economic crash and pandemic? 

So. Much.Winning.


I posted the words below 2 hours ago. The bolded links that you see below are embedded in the NYT op-ed piece that I posted three hours ago.


...


Also—and the following links are embedded in the NYT op-ed piece I excerpted—the tax breaks in question are extremely complex.

Senator Charles Grassley (R, Iowa) was responsible for inserting the tax breaks into the bill:


Democrats seek to repeal the Millionaires Giveaway while a leading Republican defends it. The tax break was inserted in the CARES Act by Sen. Charles Grassley, chairman of the Senate tax-writing committee. In a Fox News op-ed he accused those who oppose it of engaging in “class warfare.” Of  course, it is Grassley who declared war on working families by lavishing tax giveaways to the rich in the midst of a national emergency.



Sheldon Whitehouse (D-RI) and Rep. Lloyd Doggett (D-TX) are to repeal this offensive tax break. As of May 7, their bills are supported by 24 senators (S. 3640) (including six who ran for president this cycle) and 52 members of the House (H.R. 6579). Their effort has been endorsed by 194 organizations and growing. The repeal effort also covers other business-loss tax provisions in the CARES Act that lose $25 billion, bringing the total revenue recovery sought to $160 billion.



kurtster

kurtster Avatar

Location: drifting
Gender: Male


Posted: May 28, 2020 - 12:43am

 kcar wrote:


 kurtster wrote:

I know how the legislative process works. 

She does have to approve the Reconciliation Bill between the House and Senate before bringing it to a vote on the House Floor.  No vote on the House floor happens without her approval as Speaker.

I just remembered her remarks about passing the ACA ... We have to pass it to find out what's in it ...  You do remember that remark ?

But then again she did approve it without knowing what was in it ...  
 

So you can try to blame Pelosi for Grassley's attempt to help the very people and companies who DON'T need more money and loopholes from the government.
 
You're moving the goal posts, dude.  Nowhere in your original post did you mention Grassley.  It was Trump who you singled out.

Here's a refresher for you.  Did I miss your mention of Grassley ?

kcar wrote:

You can shrug your shoulders and say that this is how the world works. But Trump is destroying the United States' economy. And your job is not safe. 

 

Crumbs for the Hungry but Windfalls for the Rich

Billions are going to zillionaires under the guise of pandemic relief.

While President Trump and his allies in Congress seek to tighten access to food stamps, they are showing compassion for one group: zillionaires. Their economic rescue package quietly allocated $135 billion — yes, that’s “billion” with a “b” — for the likes of wealthy real estate developers.

My Times colleague Jesse Drucker notes that Trump himself, along with his son-in-law, Jared Kushner, may benefit financially from this provision. The fine print was mysteriously slipped into the March economic relief package, even though it has nothing to do with the coronavirus and offers retroactive tax breaks for periods long before Covid-19 arrived.

Senator Sheldon Whitehouse of Rhode Island and Representative Lloyd Doggett of Texas, both Democrats, have asked the Trump administration for any communications that illuminate how this provision sneaked into the 880-page bill. (Officially, the provision is called “Modification of Limitation on Losses for Taxpayers Other Than Corporations,” but that’s camouflage; I prefer to call it the
“Zillionaire Giveaway.”)


About 82 percent of the Zillionaire Giveaway goes to those earning more than $1 million a year, according to Congress’s Joint Committee on Taxation. Of those beneficiaries earning more than $1 million annually, the average benefit is $1.6 million.

In other words, a single mom juggling two jobs gets a maximum $1,200  stimulus check — and then pays taxes so that a real estate mogul can receive $1.6 million. This is dog-eat-dog capitalism for struggling workers, and socialism for the rich.

Many Americans understand that Trump bungled the public health response to the coronavirus, but polls suggest that they don’t appreciate the degree to which Trump and Congress also bungled the economic response — or manipulated it to benefit those who least need help.

The United States simply accepted that the pandemic would cause vast numbers of workers to be laid off — and then it provided unemployment benefits. But Germany, France, Britain, Denmark and other countries took the smarter path of paying companies to keep  workers on their payrolls, thus preventing layoffs in the first place. The United States did a little bit of this, but far less than Europe — yet the United States in some cases spent a larger share of G.D.P. on the bailout than Europe did.

So the unemployment rate in Germany and Denmark is forecast to reach about 5 percent while in the United States it may already be about 20 percent, depending on how you count it.

...
During the Great Depression, President Franklin Roosevelt responded boldly to economic desperation by creating jobs, passing Social Security and starting rural electrification. In this crisis, Trump is trying to restrict food stamps and health insurance while giving free money to real estate tycoons — probably including himself.

Of course, America does remain a land of opportunity, if you have the wealth. A new study determined that in the two months since March 18, roughly the start of the economic crisis, America’s billionaires saw their wealth collectively grow by 15 percent. And another 16 Americans became billionaires in that period. It’s great to see people pulling themselves up by their bootstraps!
  

kcar

kcar Avatar



Posted: May 28, 2020 - 12:26am



 kurtster wrote:

I know how the legislative process works. 

She does have to approve the Reconciliation Bill between the House and Senate before bringing it to a vote on the House Floor.  No vote on the House floor happens without her approval as Speaker.

I just remembered her remarks about passing the ACA ... We have to pass it to find out what's in it ...  You do remember that remark ?

But then again she did approve it without knowing what was in it ...  
 

Let me ask you three questions, Kurt: 


1. Did the $2400 you and your wife got from CARES help your family?

That was largely the Democrats' doing.



2. Do you  think the federal government should do more in this time of crisis to help the average American and small businesses?

Mitch McConnell and GOP leadership including Trump aren't going to do anything. They think they can bull the country through to herd immunity. That's going to mean that a lot more people are going die or lose their jobs and businesses.



3. Do you think the owner of the optician's shop would like to stay in business and keep you employed?

I don't know the details of that company, but my guess is that it's doomed. And as you have posted, you might have to take up trucking again. And unemployment is projected to hit 14% in Q2 2020. My guess is that the number is conservative.



So you can try to blame Pelosi for Grassley's attempt to help the very people and companies who DON'T need more money and loopholes from the government.

You can try to push a pointless debate about how many deaths Trump himself is responsible for.

You can try to ignore the real mess our country is in and the failure of Trump's administration and the GOP to stave off a rolling medical crisis and long-term economic damage.

But as AFAICT you're screwed. And yet you're still carrying water for an incompetent grifter and a political party working only for the rich.
kurtster

kurtster Avatar

Location: drifting
Gender: Male


Posted: May 27, 2020 - 11:37pm

 kcar wrote:


 kurtster wrote:

Actually you should be holding Nancy Pelosi responsible for this.  Legislation of this sort originates in The House and nothing gets by her without her approval.  Trump simply signs the bill.
 
  And this claim of yours— "and nothing gets by her without her approval"—demonstrates how little you know about federal legislative processes.
 
I know how the legislative process works. 

She does have to approve the Reconciliation Bill between the House and Senate before bringing it to a vote on the House Floor.  No vote on the House floor happens without her approval as Speaker.

I just remembered her remarks about passing the ACA ... We have to pass it to find out what's in it ...  You do remember that remark ?

But then again she did approve it without knowing what was in it ...  
kcar

kcar Avatar



Posted: May 27, 2020 - 11:10pm


A simplified summary of the tax dodge
for the super-rich that Chuck Grassley slipped into the CARES Act. Apparently a loosening of tax restrictions imposed by Trump's tax cut act was on lobbyists' wish list since the 2017 tax cut.



HOW IT WORKS

  • The $135 billion Millionaires Giveaway lets rich business owners with other big sources of income dodge their taxes. Wealthy owners can use losses from their businesses to cancel out other non-business income—whether a sky-high salary or hefty investment gain from stocks—and thereby lower their taxes. Often these business losses exist only on paper.
  • Only couples with $500,000 of non-business income (individuals with $250,000) benefit from the Millionaires Giveaway. Average business owners with more modest income from other sources could already use business losses to reduce their taxes.
  • The Millionaires Giveaway lets rich business owners exploit losses unrelated to the pandemic. Business losses racked up in 2018 and 2019, when the economy was booming, can be used to wipe out old tax liabilities and generate big refunds.
  • The Millionaires Giveaway comes with no strings attached. Business owners don’t have to promise to keep on workers or pay the money back like airlines and other corporations getting bailouts, or small businesses getting “Paycheck Protection” payments.

kcar

kcar Avatar



Posted: May 27, 2020 - 11:05pm



 kurtster wrote:

Actually you should be holding Nancy Pelosi responsible for this.  Legislation of this sort originates in The House and nothing gets by her without her approval.  Trump simply signs the bill.
 

Given the size, complexity, intense negotiations between Democrats and Republicans about the CARES Act, blaming Pelosi is wildly inaccurate.  And this claim of yours— "and nothing gets by her without her approval"—demonstrates how little you know about federal legislative processes.


Also—and the following links are embedded in the NYT op-ed piece I excerpted—the tax breaks in question are extremely complex. 

Senator Charles Grassley (R, Iowa) was responsible for inserting the tax breaks into the bill: 


Democrats seek to repeal the Millionaires Giveaway while a leading Republican defends it. The tax break was inserted in the CARES Act by Sen. Charles Grassley, chairman of the Senate tax-writing committee. In a Fox News op-ed he accused those who oppose it of engaging in “class warfare.” Of course, it is Grassley who declared war on working families by lavishing tax giveaways to the rich in the midst of a national emergency.


Sheldon Whitehouse (D-RI) and Rep. Lloyd Doggett (D-TX) are to repeal this offensive tax break. As of May 7, their bills are supported by 24 senators (S. 3640) (including six who ran for president this cycle) and 52 members of the House (H.R. 6579). Their effort has been endorsed by 194 organizations and growing. The repeal effort also covers other business-loss tax provisions in the CARES Act that lose $25 billion, bringing the total revenue recovery sought to $160 billion.


kurtster

kurtster Avatar

Location: drifting
Gender: Male


Posted: May 27, 2020 - 11:03pm

 buddy wrote:


 kurtster wrote:

Actually you should be holding Nancy Pelosi responsible for this.  Legislation of this sort originates in The House and nothing gets by her without her approval.  Trump simply signs the bill.
 

So, so pathetically sad.
 
Which ?  The part about Pelosi or your opinion of my remark ?
buddy

buddy Avatar

Location: Denver
Gender: Male


Posted: May 27, 2020 - 10:58pm



 kurtster wrote:

Actually you should be holding Nancy Pelosi responsible for this.  Legislation of this sort originates in The House and nothing gets by her without her approval.  Trump simply signs the bill.
 

So, so pathetically sad.
kurtster

kurtster Avatar

Location: drifting
Gender: Male


Posted: May 27, 2020 - 9:59pm

 kcar wrote:

You can shrug your shoulders and say that this is how the world works. But Trump is destroying the United States' economy. And your job is not safe.

 

Crumbs for the Hungry but Windfalls for the Rich

 
Actually you should be holding Nancy Pelosi responsible for this.  Legislation of this sort originates in The House and nothing gets by her without her approval.  Trump simply signs the bill.
kcar

kcar Avatar



Posted: May 27, 2020 - 9:53pm


You can shrug your shoulders and say that this is how the world works. But Trump is destroying the United States' economy. And your job is not safe.


Crumbs for the Hungry but Windfalls for the Rich

Billions are going to zillionaires under the guise of pandemic relief.



While President Trump and his allies in Congress seek to tighten access to food stamps, they are showing compassion for one group: zillionaires. Their economic rescue package quietly allocated $135 billion — yes, that’s “billion” with a “b” — for the likes of wealthy real estate developers.

My Times colleague Jesse Drucker notes that Trump himself, along with his son-in-law, Jared Kushner, may benefit financially from this provision. The fine print was mysteriously slipped into the March economic relief package, even though it has nothing to do with the coronavirus and offers retroactive tax breaks for periods long before Covid-19 arrived.

Senator Sheldon Whitehouse of Rhode Island and Representative Lloyd Doggett of Texas, both Democrats, have asked the Trump administration for any communications that illuminate how this provision sneaked into the 880-page bill. (Officially, the provision is called “Modification of Limitation on Losses for Taxpayers Other Than Corporations,” but that’s camouflage; I prefer to call it the
“Zillionaire Giveaway.”)


About 82 percent of the Zillionaire Giveaway goes to those earning more than $1 million a year, according to Congress’s Joint Committee on Taxation. Of those beneficiaries earning more than $1 million annually, the average benefit is $1.6 million.

In other words, a single mom juggling two jobs gets a maximum $1,200  stimulus check — and then pays taxes so that a real estate mogul can receive $1.6 million. This is dog-eat-dog capitalism for struggling workers, and socialism for the rich.

Many Americans understand that Trump bungled the public health response to the coronavirus, but polls suggest that they don’t appreciate the degree to which Trump and Congress also bungled the economic response — or manipulated it to benefit those who least need help.

The United States simply accepted that the pandemic would cause vast numbers of workers to be laid off — and then it provided unemployment benefits. But Germany, France, Britain, Denmark and other countries took the smarter path of paying companies to keep  workers on their payrolls, thus preventing layoffs in the first place. The United States did a little bit of this, but far less than Europe — yet the United States in some cases spent a larger share of G.D.P. on the bailout than Europe did.

So the unemployment rate in Germany and Denmark is forecast to reach about 5 percent while in the United States it may already be about 20 percent, depending on how you count it.



...


During the Great Depression, President Franklin Roosevelt responded boldly to economic desperation by creating jobs, passing Social Security and starting rural electrification. In this crisis, Trump is trying to restrict food stamps and health insurance while giving free money to real estate tycoons — probably including himself.

Of course, America does remain a land of opportunity, if you have the wealth. A new study determined that in the two months since March 18, roughly the start of the economic crisis, America’s billionaires saw their wealth collectively grow by 15 percent. And another 16 Americans became billionaires in that period. It’s great to see people pulling themselves up by their bootstraps!


Red_Dragon

Red_Dragon Avatar



Posted: May 27, 2020 - 5:53pm

Trump’s Decision to Freeze WHO Funding Worries the US Military
Red_Dragon

Red_Dragon Avatar



Posted: May 27, 2020 - 4:29pm



 haresfur wrote:

Thanks mitch!

 
yup

haresfur

haresfur Avatar

Location: The Golden Triangle
Gender: Male


Posted: May 27, 2020 - 4:28pm



 Red_Dragon wrote:


 haresfur wrote:

he sure does want to clog up the courts

 
That he's stuffed with his toadies.

 
Thanks mitch!

Red_Dragon

Red_Dragon Avatar



Posted: May 27, 2020 - 4:25pm



 haresfur wrote:

he sure does want to clog up the courts

 
That he's stuffed with his toadies.

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