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Biden seeks to go big, fast and alone on COVID relief

26 Comments
By JOSH BOAK

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hiring had stalled to a pace that could hinder a return to full employment for several years

Trump left a huge mess. And his supporters LOL and har har the country is in such a damaged state.

 concern for several Republican lawmakers

More Republican flip-floppery; they had previously backed Trump's reckless spending.

0 ( +11 / -11 )

“A lot of folks are losing hope,” Biden said in a speech at the White House. “I believe the American people are looking right now to their government for help, to do our job, to not let them down. So I’m going to act. I’m going to act fast.

A lot of folks are hoping you will leave them alone and not make things worse by keeping the country shut down and running up more debt. Congress just racked up another near trillion on the national credit card just over a month ago! Stop mortgaging the counties future and let the vaccines that Trump left you take care of the problem. The people in government - especially Biden - have lost their ever lovin' minds!

-17 ( +7 / -24 )

Anyone who actually cared stopped when Trump won the game of increasing the debt.

1 ( +12 / -11 )

One thing is sure-inflation is coming!

-5 ( +2 / -7 )

@wolfpack A lot of folks are hoping you will leave them alone and not make things worse..really you don't call 450000 deaths bad enough so what your solution you obviously don't find 450000 deaths enough..you do realize that vaccines are not the solution as many can't even take them..If you want to go on about debt being raised just remember Obama handed Trump a healthy economy then Trump destroyed it within the short period of 4 years imagine if you gave him 8.....

Congress just racked up another near trillion on the national credit card just over a month ago! Yeah good one but who was president a month ago????

4 ( +9 / -5 )

It's nice to have an adult taking contructive action again.

7 ( +12 / -5 )

A lot of folks are hoping you will leave them alone and not make things worse by keeping the country shut down and running up more debt. 

Don’t worry. Pelosi has got your back:

 “We hope to be able to put vaccines in people's arms, money in people’s pockets, children safely in schools and workers in their jobs. That’s what we are doing now.”

Congress just racked up another near trillion on the national credit card just over a month ago! 

Oh yeah? Remind me. Who was president then?

4 ( +9 / -5 )

One thing is sure-inflation is coming!

Just like in Japan, lol! This is money well borrowed at very low interest rates during a once in a hundred year pandemic.

6 ( +7 / -1 )

Congress just racked up another near trillion on the national credit card just over a month ago! 

Remember when the Republicans freaked out because Obama got the credit card bill for Afghanistan and Iraq? Then remember how Trump increased the deficit significantly more than Obama, in half the time, and by his own screwups unlike Obama who got blamed for having to pay for Bush's?

0 ( +10 / -10 )

let the vaccines that Trump left you take care of the problem.

Are you talking about the vaccines that Trump lost and had absolutely no plan for delivering to the american people, because he was too busy golfing?

3 ( +7 / -4 )

Well, I'm confused....

Trump partnered with Nancy on the $2K payout, and encouraged Congress to "go big"...which is what President Biden and the Dems are doing....

So, Trump supporters should all be lining up supporting this bill - and calling out the Repubs for delaying it....

Unless of course, they're hypocrites...

4 ( +7 / -3 )

The Senate also passed an amendment 99-1 that would prevent the $1,400 in direct checks in Biden’s proposal from going to “upper-income taxpayers.” But the measure, led by Sens. Susan Collins, R-Maine, and Joe Manchin, D-West Virginia, is ultimately symbolic and nonbinding and does not specify at what level a person qualifies as upper income.

Even if you define upper-income as $300k, why would you assume that a family who earned this during the 2019 tax year (the latest on file) is still earning the same in Feb 2021? They could very well be unemployed and burned through their savings by now. It's an unworkable proposal. Stop wasting congressional time with this virtue signalling and start depositing the cash.

5 ( +8 / -3 )

So Repubs had done a 1.9 trillion tax cut but won't support a 1.9 trillion aid package because it doesn't benefit their business base, got it. How any nation can survive with such a boil on their back. Biden hopes for something that no longer exists and glad to see him move on.

2 ( +5 / -3 )

Too much talking, Just do it already!

10 ( +10 / -0 )

Stop wasting congressional time with this virtue signalling and start depositing the cash.

So your position is : giving governement money to rich people who don't need it is perfectly fine. That's weird, because I remember you trying to rant against capitalism yesterday.

0 ( +3 / -3 )

It does seem that republicans only remember to demand strict fiscal responsibility when the Democrats are in power, and then forget it entirely when they get into power.

They've somehow branded themselves as the party of business

6 ( +8 / -2 )

Nator,

Fact is the economy does much better under Democratic Presidents. Again this is just simple historic fact. Reagan/Bush ended in big recession, Clinton economy boomed, Bush Junior ended in near depression, Obama boomed, Trump again near depression level results, Biden again will have to clean up the Republican mess on COVID and the economy left by the total failure of the last four years of Trump incompetence.

So in reality the Democrats are the party of economic success, the Republicans of economic failure.

3 ( +8 / -5 )

Trump was the Big Spender.

1 ( +6 / -5 )

Just go it alone. Giving financial help to the needy, poor and jobless sure beats the hell out of giving tax cuts to the ultra-rich.

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Big words, what else can he do but continue the same lines as previous press, I heard he's got a great deal on vaccine from China

-6 ( +1 / -7 )

 I heard he's got a great deal on vaccine from China

Where did you hear that?

5 ( +5 / -0 )

Biden's wasting no time. Imagine if this had happened a year ago. How many lives might have been saved?

We should all be glad there is finally an adult in charge.

5 ( +6 / -1 )

Fact is the economy does much better under Democratic Presidents. Again this is just simple historic fact. Reagan/Bush ended in big recession, Clinton economy boomed, Bush Junior ended in near depression, Obama boomed, Trump again near depression level results, Biden again will have to clean up the Republican mess on COVID and the economy left by the total failure of the last four years of Trump incompetence.

So in reality the Democrats are the party of economic success, the Republicans of economic failure.

This does seem to be statistically generally true. But the Democrats seem reluctant to trumpet this fact, and the Republicans keep trumpeting that they're the the party of business, the party of fiscal responsibility, etc...

You'd think every election, the Dems would be repeating the facts about their economic successes ad nauseam, but they hardly ever mention it. So you end up with a lot of people who get their news from unreliable sources who honestly believe that Biden is somehow going to destroy the US economy.

There are of course external factors such as pandemics and wars that can help or hinder presidents, and also presidents don't have total control over the economy, but even controlling for such factors Democratic presidents have statistically significantly better records on the economy and job creation, going back even further than Reagan.

It's not entirely clear why, but it seems partly because Democrats are more pragmatic and willing to listen to research, whereas Republicans seem to dogmatically stick to the single idea of 'Tax Cuts' which hasn't been proven to work very effectively.

Also, when problems happen, Democrats are more willing to jump in quickly with larger measures to combat them, whereas Republicans will often delay or limit those measures in the name of keeping spending down, which can actually cause more damage in the long run. Plus Democrats seem more willing to champion new ideas and industries, which are often the ones generating growth.

It's purely speculative, but theoretically if we'd had only Democrat president level growth for the past 50 years, the US economy would be twice as big as it is now.

But yeah, why the Democrats don't highlight their economic results is beyond me.

2 ( +2 / -0 )

So in reality the Democrats are the party of economic success, the Republicans of economic failure.

Republicans destroy the economy while Democrats have to rebuild their mistakes. Often policy is made for certain reasons, which may be good or bad, but Republicans take those policies and abuse them as far as they can, then watch the economy at best decline, at worst, become the financial crisis of 2008...caused by GOP and its people, while Obama comes in and saves dubya, the US and the world economy. Then creates jobs and a better USA, only to see lies and fabrication lead to electing an idiot for four years, who does nothing positive, and promotes racism, less jobs and a pandemic.

2 ( +3 / -1 )

One thing is sure-inflation is coming!

Oh if only that were true, but it very probably is not. The global threat is not inflation but deflation. Deflation pressures have been strong since 2008 when the US money supply suffered its first absolute decline, not a decline in growth but an actual decline in the amount of US dollars in the money supply, since the early 1930s. Something on the order of $16-20 trillion was lost just from the US money supply as the value of all those collateralized debt obligations collapsed, leading to the massive decline in property values, foreclosures and business closures. Even with TARP and the much maligned bank bailout the US just barely avoided tipping into a full fledged deflationary death spiral. Nonetheless losing that much from the money supply was not a trivial thing. Inflation has been low to nonexistent ever since even though governments and central banks have been trying to pump money into their respective nation's economies since then. If the US and other nations experience another round of bankruptcies and foreclosures on a par with 2008 this could tip major economies into a deflationary spiral. People remain fixated on inflation when it is not the current threat. Deflation is.

2 ( +3 / -1 )

A lot of folks are hoping you will leave them alone and not make things worse by keeping the country shut down and running up more debt. 

I'm sure the 450,000 Americans who are dead and the many more on their way to the grave agree with your sentiment. Yes, just leave them alone. Ignore their plight because, oh the horror, you might have to give up something l like doing, wear a face mask or some such thing you find objectionable. Can't be bothered with anything but your immediate wants. To heck with everyone else. Do you even realize just how self centered you are?

3 ( +5 / -2 )

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