“The moment of bipartisanship that this virus could have created has passed”—America’s stimulus push

imkahloon The (PPP), which has already shelled out over $524 billion to nearly 5 million US businesses will expire next month, while the associated $600 per week Federal supplement to average state unemployment checks averaging $500 per week will expire at the end of this month.

imkahloon Trump's reelect & McConnell's Senate-majority hinge on this bill. Pelosi will never have more leverage. She shld use it to ensure the bill -doesn't amount to a windfall for the wealthy -includes stimulus that'll continue until the economy is strong—regardless of who wins in Nov

imkahloon Please Retweet This Article By This Doctor!! ❌🆘🚨❌VoteGopOut 2020!! “Everything Republicans Touch Dies Including Our Lives!! TrumpGenocideContinues Over 140,000 Folks Dead From Covid-19 And Counting From Lack Of Top Govern.Leadership Unpreparedness !!!

imkahloon The business side of the economy has nothing to worry about. It’s the people side that they seem to not want to help as much

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'I lost my business to COVID' alleged bank robber writes on note to tellerThe suspect passed a note to the teller demanding money since he didn't get a stimulus check or loan to save his business, police said. Pathetic In Trump we trust Bu but, ABOLISH THE POLICE!
Source: ABC - 🏆 471. / 51 Read more »

Cheques imbalances: America’s partisan stimulus battleAs Congress reconvenes and covid-19 rages largely unabated, the biggest question is how much to prop up the economy—and how to get past partisan rancour about it. With slumping oil prices and a pile of long-term worries, the oil-and-gas industry is looking to offload its dirtiest, most difficult assets. And international polling data suggest that money really can buy happiness. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer See acast.com/privacy for privacy and opt-out information.
Source: TheEconomist - 🏆 6. / 92 Read more »