Kudlow: Mnuchin may offer bigger than $2.2T stimulus proposal | |
Anonymous Coward User ID: 77192746 United States 10/11/2020 11:49 AM Report Abusive Post Report Copyright Violation | They have to prop it up because the shutdowns did much more damage than they are letting on. We're now seeing 800,000 new claims for unemployment each week (reports issued at 8:30 every Thur morning). They know the economy is collapsing (due to the prolonged shutdowns).. and the middle class is collapsing (3rd world type situation developing). Problem is, this is mostly bailouts for corporations and Wall Street, just like when Obama was POTUS (CEOs and Wall Street insiders will be getting record bonuses). It will be even more pronounced under Biden. Middle class is (deliberately?) being taken down. |
Anonymous Coward (OP) User ID: 79439653 United States 10/11/2020 12:07 PM Report Abusive Post Report Copyright Violation | They have to prop it up because the shutdowns did much more damage than they are letting on. We're now seeing 800,000 new claims for unemployment each week (reports issued at 8:30 every Thur morning). They know the economy is collapsing (due to the prolonged shutdowns).. and the middle class is collapsing (3rd world type situation developing). Quoting: Anonymous Coward 77192746 Problem is, this is mostly bailouts for corporations and Wall Street, just like when Obama was POTUS (CEOs and Wall Street insiders will be getting record bonuses). It will be even more pronounced under Biden. Middle class is (deliberately?) being taken down. |
Anonymous Coward User ID: 77217026 Canada 10/11/2020 12:20 PM Report Abusive Post Report Copyright Violation | |