Why giving every American a check won't help the people who need the money the most - T... - 0 views
-
It is yet another sign of our political dysfunction that a government that dithered for weeks before getting serious about fighting a global pandemic now can’t take a few days for thoughtful debate about how to spend a trillion dollars to deal with the economic fallout.
-
It is not just an inefficient and ineffective way to stabilize the economy — it’s also a cynical ploy by President Trump and the Republican leaders in Congress to buy the next election.
-
The only reason this foolish proposal is under serious consideration is that it was cooked up in secret over the weekend by politicians spooked by the rout on the stock market, worried about losing the next election and desperate to show they are doing something “big” other than bailing out private industries.
- ...2 more annotations...
-
There was no serious analysis done by professionals at the White House, Treasury or the Congressional Budget Office, no input from congressional committees, no consultation with Democrats and certainly no public debate.
-
“Give Every American $2,000, Immediately,” demanded the very serious people at the New York Times in Thursday’s lead editorial, a mishmash of economic nonsense, liberal grievances and Democratic talking points.