Second round of stimulus; gamesmanship

#127
#127
carlos86 said:
Democrats had a bill on the floor of the senate for 3 months. The old snapping turtle is the one who waited to the last minute to address the issue. This problem could have been solved a month ago.
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Bill was trash and we were far enough out to not know how today would look. Current dem bill is trash.
 
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#128
#128
hog88 said:
No **** Sherlock. But he just made you and the Dems look like crap.
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Actually Trump boxed himself in. It’ll take months to show much if any impact, it lacks support from his own party; it hands Dems an easy issue to pound on. To say hes putting Social Security at risk while he’s already in trouble with voters over 50.
 
#130
#130
utvols88 said:
Bill was trash and we were far enough out to not know how today would look. Current dem bill is trash.
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It’s doesn’t matter if it was trash. McConnell has 3 month to negotiate and reconcile the bill. But he didn’t because his own caucus didn’t know what they wanted to do. The Republican Caucus spent two 2 arguing over the payroll tax cut and then another two weeks arguing over the stimulus checks and UI benefits. The ball was in McConnell court and he dropped it. It was to the point that Mnuchin and Meadows cut them out totally because they set on their hands.
 
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#131
#131
carlos86 said:
Actually Trump boxed himself in. It’ll take months to show much if any impact, it lacks support from his own party; it hands Dems an easy issue to pound on. To say hes putting Social Security at risk while he’s already in trouble with voters over 50.
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LOL

The unwillingness of the Dems to compromise played right into his hands. Now they have to file a lawsuit to stop money going to people they are putting out of work.
 
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#133
#133
hog88 said:
LOL

The unwillingness of the Dems to compromise played right into his hands. Now they have to file a lawsuit to stop money going to people they are putting out of work.
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More like Trump cut unemployment benefits by 33% and dismissed the additional $1200 stimulus. He demands States and cities cover for the GOP in providing 25% of the remaining stipend (the states and cities don’t have the money). His payroll tax holiday is money he will force working Americans to pay back next year.
 
#134
#134
carlos86 said:
More like Trump cut unemployment benefits by 33% and dismissed the additional $1200 stimulus. He demands States and cities cover for the GOP in providing 25% of the remaining stipend (the states and cities don’t have the money). His payroll tax holiday is money he will force working Americans to pay back next year.
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Yeah let Biden explain this in a debate.

Don’t get me wrong, the EO is trash and completely unconstitutional IMO but as a political move he just spanked Nancy’s and by default Joe’s azz.
 
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#137
#137
TN Ribs said:
The Tea Party caucus of the GOP went ballistic when Obama was running deficits, that's all they ever talked about. They constantly fear-mongered about the debt our children and grandchildren would inherit but now it's pretty much crickets when the estimated deficit this fiscal year is $ 3.7 Trillion.
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Don't worry, the tea party and Republicans will be very concerned about the deficit when a Democrat wins.
 
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#138
#138
hog88 said:
Yeah let Biden explain this in a debate.

Don’t get me wrong, the EO is trash and completely unconstitutional IMO but as a political move he just spanked Nancy’s and by default Joe’s azz.
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You love it
 
#140
#140
lawgator1 said:
So tomorrow is the self-imposed deadline. Very interesting political situation.

Dems want $600 unemployment benefit to continue. Seems the WH was willing to go along with that for awhile, but then changed their position because the Senate wanted it to be $200, then to 70% wage replacement. Don't know how they would manage to calculate that - I saw some commentary the states would have to do it. That's a nightmare here in Florida as our system broke down early on in the virus just processing regular claims. Also negotiating points about liability, foreclosure moratorium, etc.

Trump has threatened to take executive action if Congress cannot get it done. Some thinking that it is a negotiating ploy as it is doubtful he has the authority to do so. I imagine some are hopeful that scenario occurs so he can claim credit for doing what Congress could not. On the flip side, I doubt GOPers at risk are a fan of looking inept and needing Trump to save the day.

A lot of moving parts to this one.
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#142
#142
carlos86 said:
Democrats had a bill on the floor of the senate for 3 months. The old snapping turtle is the one who waited to the last minute to address the issue. This problem could have been solved a month ago.
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You guys with your nicknames for certain politicians... Old Snapping Turtle and Orange Man... sound like comic book villains.
 
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#143
#143
Trump's "Executive Orders" appear to be smoke and mirrors.

Only 1 of his actions is actually an EO, the remaining are memoranda.

Expect a legal challenge for any re-purposing funds already approved by the Congress.

Net/Net result:

* No more federal unemployment funds (a la the prior $600/wk), as this will be tied up in courts until (probably) after the elections;
* No more PPP for small businesses; and
* No more ban preventing landlord evictions of non-paying tenants.

In sum, Trump has removed the net from under the trapeze act. Barring any unannounced Fed action, we'll now start to feel the true effects of a sharp recession.
 
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#144
#144
MontyPython said:
Trump's "Executive Orders" appear to be smoke and mirrors.

Only 1 of his actions is actually an EO, the remaining are memoranda.

Expect a legal challenge for any re-purposing funds already approved by the Congress.

Net/Net result:

* No more federal unemployment funds (a la the prior $600/wk), as this will be tied up in courts until (probably) after the elections;
* No more PPP for small businesses; and
* No more ban preventing landlord evictions of non-paying tenants.

In sum, Trump has removed the net from under the trapeze act. Barring any unannounced Fed action, we'll now start to feel the true effects of a sharp recession.
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So what?

If Congress doesn't like the "EO" then do something to make them irrelevant rather than quibble over whether or not he is within his rights to do "something." (some people did something)

It's another goad to get Congress to act. If anything it's bought them more time by attempting to continue to help those who are caught as a result of Congress' inability to come to an agreement.
 
#145
#145
MontyPython said:
Trump's "Executive Orders" appear to be smoke and mirrors.

Only 1 of his actions is actually an EO, the remaining are memoranda.

Expect a legal challenge for any re-purposing funds already approved by the Congress.

Net/Net result:

* No more federal unemployment funds (a la the prior $600/wk), as this will be tied up in courts until (probably) after the elections;
* No more PPP for small businesses; and
* No more ban preventing landlord evictions of non-paying tenants.

In sum, Trump has removed the net from under the trapeze act. Barring any unannounced Fed action, we'll now start to feel the true effects of a sharp recession.
Click to expand...

Good ! Now we can stop playing pin the tale on the political party . It’s the way things work . You can’t shut down a countrys economy based on ever changing data and non-standardized tests / methodologies without consequences. You can’t keep putting off the inevitable, there is a price to be paid all we are doing is guaranteeing the cost will be more by putting it off .
 
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#146
#146
37L1 said:
So what?

If Congress doesn't like the "EO" then do something to make them irrelevant rather than quibble over whether or not he is within his rights to do "something." (some people did something)

It's another goad to get Congress to act. If anything it's bought them more time by attempting to continue to help those who are caught as a result of Congress' inability to come to an agreement.
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But it doesn't help them, I think that's the point. How does cutting payroll taxes help those left unemployed by the virus?

You can't not take SS taxes out of a nonexistent paycheck.
 
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#147
#147
lawgator1 said:
But it doesn't help them, I think that's the point. How does cutting payroll taxes help those left unemployed by the virus?

You can't not take SS taxes out of a nonexistent paycheck.
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It helps some, nonetheless, the ball is in Congress hands, that is where your "outrage" should be placed. They act and the "EO" is irrelevant. Simple as that.

If they would only address the CV issues, unemployment benefits, evictions, etc., and leave all the other crap out (mail in ballots, USPS funding, etc., etc., etc.,), a relief bill should be passed, if it's just about "relief" but it's not. Quit playing stupid political games.
 
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#148
#148
lawgator1 said:
But it doesn't help them, I think that's the point. How does cutting payroll taxes help those left unemployed by the virus?

You can't not take SS taxes out of a nonexistent paycheck.
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helps businesses on the brink of closing have temporary help with expenses thus staying open and paying it's current employees so they dont end up taking from the unemployment pool. It may also offer the doorway to hire with a lower cost. Its not that hard

You either know that and are a fraud, or don't and are ignorant. Take your pick.
 
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