Economics Thread

nsacpi said:
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I agree with this. If we continue on our current path for another month or two, we will have a dead economy. With all the social dislocation, hardship, and yes deaths that this entails.

If we kill the economy while flattening the curve, I'm not sure we come out ahead. Tough choices.
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I go back to what we discussed before.

If this idiot had not been contradicting Fauci and the scientists for weeks, and stayed on message we'd be in better position.

rmc3Ol5.jpg


Trump has millions that hang on every word he says, like thethe. He knows the influence and responsibility he has and he chose to be reckless and lie and lie and lie.

All of the "no worse than the flu" and other talking points and other stuff can be traced back to him and fox news.

Yes, Trump was downplaying it for weeks to protect the markets. If he were striking a realistic optimistic tone while remaining cautious it would have been better than him blaming the Dems on the hysteria, saying it would be done by April, and straight up lying to the public.
 
who would have thunk that quality of laidership matters...and matters greatly in a crisis

elect a buffoon...get buffoon quality laidership
 
thethe said:
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Almost as if they dont want a bill to be signed
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They deserve the chance to negotiate aspects of the bill (the “slush fund” aspect deserves inspection and debate).

But it’s disgusting how they are holding a gun to the economy and public health in the name of solar tax credits.

Really disappointing. I’m hoping it’s just posturing and the vote will pass today.
 
Their bill was even longer after complaining about a bloated one originally.

These are not serious people who are putting politics first because as the economy tanks it puts trumps chances of reelection in a bad position.

Everyone sees it. I think this was a massive misstep by Pelosi.
 
thethe said:
Their bill was even longer after complaining about a bloated one originally.

These are not serious people who are putting politics first because as the economy tanks it puts trumps chances of reelection in a bad position.

Everyone sees it. I think this was a massive misstep by Pelosi.
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No possible way this will be viewed positively by voters. I can’t fathom what’s driving this sudden change out of nowhere.
 
Other provisions such as corporate board diversity and risk limiting audits of election results are included.

Without debating the merits of those ideas, This is a complete joke. I’m disgusted at the partisanship.
 
https://reason.com/2020/03/23/last-week-the-public-transit-industry-asked-for-12-8-billion-in-emergency-funding-the-senate-gop-relief-bill-gives-transit-20-billion-house-dems-want-25-billion/

Last Tuesday, the American Public Transportation Association (APTA) urged Congress to support a $12.8 billion emergency aid package for transit agencies suffering increased costs and cratering revenue during the COVID-19 pandemic.

On Thursday, APTA raised its demand to $16 billion, to make up for $14 billion in lost revenue plus $2 billion in increased operating costs.

On Friday, Reps. Chuy Garcia (D–Ill.) and Gwen Moore (D–Wis.) sent a letter co-signed by 52 other House Democrats to House and Senate leadership requesting $16 billion be included in any COVID-19 relief package.

By Sunday, when Senate Majority Leader Mitch McConnell (R–Ky.) released a draft version of the Coronavirus Aid, Relief, and Economic Security Act (CARES) Act, it budgeted $20 billion in emergency relief for public transportation. The language of the bill strongly encourages, but does not require, that transit agencies spend this money on COVID-19-related expenses.

Even McConnell's amount of money was not enough for House Speaker Nancy Pelosi (D–Calif.). A draft of the speaker's relief package budgets $25 billion in emergency grants for transit agencies.

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Do I hear $30 billion?
 
Glad the democrats are showing their true colors as well as out us through a meaningless impeachment proceeding while a pandemic was forming.
 
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Never has it been so apparent the left is useless.

Where are the Cuomos of the democratic party?
 
ana marie cox
@anamariecox

It’s not that I’m surprised it happened, but I can’t believe we’ve reached

the “so a few hundred thousand people die, the economy is more important”

stage *so phucking quickly.*
 
57Brave said:
ana marie cox
@anamariecox

It’s not that I’m surprised it happened, but I can’t believe we’ve reached

the “so a few hundred thousand people die, the economy is more important”

stage *so phucking quickly.*
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How many people die because of a great depression?
 
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