Is "Grim Reaper" Mitch McConnell finally facing his day of reckoning?
Is "Grim Reaper" Mitch McConnell finally facing his day of reckoning?
McConnell wants to starve blue states, give billions to corporations and still win the election. Maybe not, Mitch
https://www.salon.com/2020/04/24/is-grim-reaper-mitch-mcconnell-finally-facing-his-day-of-reckoning/
HEATHER DIGBY PARTON at Salon
"SNIP......
As for McConnell's alleged worries about where the money will come from, as New York Times columnist Paul Krugman pointed out last week, this is the time for federal borrowing:
Right now, the economy is awash in excess savings with nowhere to go. The interest rate on inflation-protected federal bonds is minus 0.56 percent; in effect, investors are willing to pay our government to make use of their money. Financing economic relief just isn't a problem.
Anyway, we know for sure that Mitch McConnell has no real concerns about deficits or borrowing. After all, he had no qualms about offering "bailouts" to big companies with virtually no oversight just two weeks ago when he insisted, "We have an obligation to the American people to deal with this emergency."
It's unclear exactly how McConnell hopes to thread the needle of only helping red states while leaving the blue states twisting in the wind. But he'll have to find a way, because plenty of red states are going to need the same kind of help. Perhaps he thinks he can hold any further aid hostage until blue-state governors agree to eliminate public employee pensions, but that's a tricky business when his own voters will be hostages as well. But McConnell doesn't gleefully call himself "the Grim Reaper" for nothing. If anyone's willing to risk his own constituents' lives to score political points, it's him.
This upcoming campaign should be one for the books. The incumbent president and his party have decided that their best bet to win over the country during an unprecedented crisis will be too give as much money as possible to big business, force states into bankruptcy and destroy the pensions of cops, firefighters and teachers as the pile of dead bodies gets higher and higher.
.....SNIP"
= new reply since forum marked as read
to read tomorrow when my attention span is longer 
