Democrat stimulus bill slammed by bond king Jeff Gundlach - Business Insider

while the total combined amount of state aid provided, if the Democratic bill passed, would pass $5 trillion.

His sentiments echoed the views of several prominent Republicans who have criticized the massive state aid programme. than extend federal aid that would require further deficit spending. He later rowed back the comments after a sizeable backlash.over the purpose of taxation if "endless" borrowing is viable. In a stinging attack, Gundlach appeared to suggest that the Treasury Department's levels of borrowing are unsustainable.

"It could even be a modest % of what they earn every year. We could have an agency collect it and everything," AOC said in her Twitter thread.Do you have a personal experience with the coronavirus you'd like to share? Or a tip on how your town or community is handling the pandemic? Please emailfrom Business Insider Intelligence on how COVID-19 is affecting industries.

JELLO

OK and. Nobody gives a fuck

Guy hoarding money worried about others getting too much. There’s your corrected headline.

Where were this genius billionaires warnings when trump’s administration was tanking our economy through ignorance? If Gundlach is farsighted, why no warning? Or maybe he’s just not that brilliant. Our economy will be better off if everyone eats. Bond profits, who cares?

Tax rates for those who make fortunes off of pushing paper will undoubtedly go up so those types will not have to mow lawns and spread asphalt.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why we're saving our stimulus checks instead of spending the cash - Business Insider'We felt good about the plan we had come up with ... for a few days. But then, as tends to happen in this coronavirus environment, things changed.'
Source: BusinessInsider - 🏆 729. / 51 Read more »

What the 'phase 4' stimulus package might look like - Business InsiderThe next stimulus plan could include more checks for Americans. Here's what else DC power players want to cram into the bill — and who would benefit most. It's so ironic that for the longest time in history, Americans have frowned upon the idea of socially conscious state or leaders, yet today they embrace it with both hands.They eagerly pump billions into the industry's business & let the poor starve.The Americans are hypocrites Republicans just blow it off the shelf Mrs. Pelosi is cute.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Q&A with Veritone One's head of podcasting - Business Insider - Business InsiderThe head of podcasting at Veritone One spoke to Insider Intelligence about how advertisers have shifted priorities in light of the pandemic's impact on podcast listening
Source: BusinessInsider - 🏆 729. / 51 Read more »