General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Called Pelosi 'Incompetent' on Coronavirus. Now He Needs Her.
With stock markets reeling, businesses scrambling, and the American public fearful as the coronavirus spreads, Washington, D.C., has rapidly come around to the idea that sweeping actionin the form of a government stimulus planis needed to mitigate the virus effects on the economy.
The question now is what that plan will look like and whether President Donald Trump, having spent weeks chastising congressional Democrats for supposedly trying to gin up the threat of the virus in order to hurt his presidency, has the political wherewithal to get it passed.
On Monday, as the stock market suffered its worst day since the 2008 financial crisis, Trump appeared before the press and floated a major plan, which he said could include a payroll tax cut for companies, hourly wage earners getting help in the event they miss work, small business loans, and relief to industries like travel and hospitality that have been especially hard-hit by the outbreak.
Early indications are that there may be a receptive audience for the proposal on the Hill.
https://news.yahoo.com/trump-called-pelosi-incompetent-coronavirus-014848441.html
redstatebluegirl
(12,265 posts)She can point out what it is going to do to Medicare and Social Security but they will flood the airwaves with ads saying Democrats won't lower your taxes.
gratuitous
(82,849 posts)Right now, the American people need a fully-funded, strong government to address this outbreak (okay, and a LOT of other things, but let's just keep it focused on one thing). Cutting funds to the government will ensure that vital tasks will go undone and the demands on an already stressed health care delivery system will bring it to the breaking point.
I think it's an easy counterargument to make, particularly when Trump's last boast of a tax cut right before the 2018 election (anyone remember that?) didn't come off at all. Trump's record of grandiose unkept promises can and should be used against him in the court of public opinion.
jayfish
(10,038 posts)Which, I'm sure, is what will be proposed.
empedocles
(15,751 posts)lark
(23,078 posts)That's why he had to meet with repugs today to tell them they had to immediately make up a plan, using what hiss riff, and get the details to him RIGHT NOW! Wonder how Moscow Mitch replied?