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This an important point. Unemployment in general is paid by the state. The $600 that was in the initial relief bill, and is now a sticking point in Congress, was paid by the federal government on top of state benefits.
Trump's proposal makes no sense. If state's could provide an additional $100/month in unemployment, they would have already done this.
Exactly. It effectively ends the fed paying unemployment at all. Few if any states will be able to meet the additional contribution requirement.
The sticking point was always the payroll tax. He put up staw mans for the other areas of the negotiations.
Without the payroll tax and coronavirus, the deficit would be 15 percent of GDP.
The Fed needs to stop doing QE. That is enabling politicians like Trump and big business to think they can get a free lunch, or even better, a lunch where they get paid to eat. The fake right and the fake left both want the central bank to underwrite all of the costs.
Trump Signs Executive Orders As Coronavirus Stimulus Talks Falter; Extends Unemployment Benefits At $400 Per Week. Also eviction notice and defers student loan suspension payroll...
This message was not for me was it? I am not a Liberal. That would be like having the "black death" or something...
You're the one supporting a liberal candidate...
This thread is about social welfare handouts signed by our liberal President.
If not liberal, what does one that supports liberal candidates and policy make you?
In due time, we'll have a conservative in the Whitehouse again. It may be 4 years from now, it may be 8... but this liberal disaster will come to an end.
Fantastic! Now you can go back to Biden who supprted the Minnesota riots. Or did you forget that post already? Remember, you’re “no longer a Democrat”? You sure do change your mind a lot, frequently.
Quote:
Originally Posted by Robert9
You know nothing about me kid
There's a reason we call her GatorMama, Robert. She has some as pets. And they ate the last guy that smarted off to her. You've been warned.
Let's see how the lefties react since he's taken a bite out of their talking points. Looks like he's giving most of everything the left wants. The left will hate him even more for it.
The left wanted to continue the $600, the right wanted it reduced to $200. Seems like $400 is a smart compromise and move. Keep in mind this is above the regular unemployment.
I don’t mind the $400. I just question whether he has the authority. Only Congress can appropriate spending.
I also don’t understand his obsession with the payroll tax deferral. Who does that help? Unemployed people don’t pay payroll tax. It won’t stimulate the economy: it’s not that people don’t have any money to spend, it’s that they can’t spend it when everything is shut down.
Trump laying the political mines for the democrats lol..man they fall for it every time... Now democrats will be outraged that he is helping extend the benefits that some families do need. They will do everything in their power to stop it. This in return will make them look like morons as usual.
What land mines?
It’s another worthless EO.
Congress controls the purse strings. EO can’t be used for new spending.
Quote:
Originally Posted by 11thHour
Exactly. It effectively ends the fed paying unemployment at all. Few if any states will be able to meet the additional contribution requirement.
It’s not a requirement states have to meet. He doesn’t have a say in their spending.
Quote:
Originally Posted by Leo58
I don’t mind the $400. I just question whether he has the authority. Only Congress can appropriate spending.
I also don’t understand his obsession with the payroll tax deferral. Who does that help? Unemployed people don’t pay payroll tax. It won’t stimulate the economy: it’s not that people don’t have any money to spend, it’s that they can’t spend it when everything is shut down.
Because I’m sure he’ll save a bundle.
It’s great for employers padding their pockets. It’s pretty ineffective at stimulating the economy.
Does he have the authority? Nah, but its politically brilliant ESPECIALLY if Pelosi and Schumer sue him over this, that shows the American people would prefer illegals to get aid before them since that's what has caused the negotiations to break down AND if a judge stops it Trump can say see folks! Gotta reelect me to get these leftist judges OUT and some real judges in their place.
One huge problem is that apparently a lot of Liberals don’t know understand what socialism is. Sad.
Liberals confuse socialism and social welfare. Trump did not push for socialism here... but he is pushing for liberal social welfare handouts. Either way, liberals win... and it's impressive, yet concerning, that liberals have Trump enacting liberal policy (well, not exactly policy) via executive order. We need to get these liberals out of the whitehouse.
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