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Biden Team, Pushing Quick Stimulus Deal, Prepares for Renewed Recession
NYT ^ | Nov 22, 2020 | Jim Tankersley and Emily Cochrane

Posted on 11/22/2020 5:59:21 PM PST by where's_the_Outrage?

WASHINGTON — Advisers to President-elect Joseph R. Biden Jr. are planning for the increasing likelihood that the United States economy is headed for a “double-dip” recession early next year. They are pushing for Democratic leaders in Congress to reach a quick stimulus deal with Senate Republicans, even if it falls short of the larger package Democrats have been seeking, according to people familiar with the discussions.

Until now, Mr. Biden, Speaker Nancy Pelosi of California and Senator Chuck Schumer of New York, the Democratic leader, have insisted that Republicans agree to a spending bill of $2 trillion or more, while Senator Mitch McConnell of Kentucky, the majority leader, wants a much smaller package. The resulting impasse has threatened to delay additional economic aid until after Mr. Biden’s inauguration on Jan. 20.

Many of the president-elect’s advisers have become convinced that deteriorating economic conditions from the renewed surge in Covid-19 infections and the looming threat of millions of Americans losing jobless benefits in December amid a wave of evictions and foreclosures require more urgent action before year’s end. That could mean moving at least part of the way toward Mr. McConnell’s offer of a $500 billion package.

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; Culture/Society; Editorial; News/Current Events; Politics/Elections
KEYWORDS: biden; economy; fakeelection; fakenews; newyorkslimes; oodaloop; recession; stimulus; tds
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Heads up, even the NYT knows that Biden is president the economy tanks.
1 posted on 11/22/2020 5:59:21 PM PST by where's_the_Outrage?
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To: where's_the_Outrage?

I just feel that a shitstorm is coming, and it won’t just center around the economy.


2 posted on 11/22/2020 6:01:09 PM PST by Viking2002 (When aliens fly past Earth, they probably lock their doors.)
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To: Viking2002

When discussing it in polite company, “brown blizzard”.


3 posted on 11/22/2020 6:02:12 PM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Viking2002

That’s why I am continuing to prep.


4 posted on 11/22/2020 6:02:55 PM PST by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith....)
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To: Viking2002

I agree. Be prepared. Hopefully everything you need was not lost in a boating accident. :-)


5 posted on 11/22/2020 6:03:12 PM PST by Calvin Cooledge
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To: where's_the_Outrage?

GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff GA runoff


6 posted on 11/22/2020 6:04:15 PM PST by JohnBrowdie
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To: DuncanWaring
Either way, it's gonna hit the fan. Or for you, the 'converted digestive by-product meeting the oscillating air displacement device'.

Duck.

7 posted on 11/22/2020 6:05:56 PM PST by Viking2002 (When aliens fly past Earth, they probably lock their doors.)
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To: where's_the_Outrage?

Back to 2015.


8 posted on 11/22/2020 6:06:37 PM PST by rktman ( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: where's_the_Outrage?

And the Republican senate will sign off for Biden whereas they let Trump sink. I can’t remember how many ppl I explained this to six months ago.


9 posted on 11/22/2020 6:07:19 PM PST by JonPreston ( )
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To: where's_the_Outrage?

Just watched a brief CBS news clip on YouTube. In a 71-second clip they referred to him as ‘President-Elect’ 7 times. Let’s see, that’s once every 10 seconds. It is almost as if they are desperate to get the idea in planted in people’s minds.

In addition, YouTube is posting this notice on videos about the election: “The AP has called the Presidential race for Joe Biden. See more on Google.” and beneath that, “Robust safeguards help ensure the integrity of elections and results. Learn more”


10 posted on 11/22/2020 6:08:01 PM PST by hanamizu
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To: where's_the_Outrage?

“renewed recession”?? When was the first recession?


11 posted on 11/22/2020 6:22:35 PM PST by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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To: hanamizu

Baghdad Bob’s got a new gig.


12 posted on 11/22/2020 6:25:06 PM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Calvin Cooledge

Ha. My stepson is armored up better than I am. And I could take over a small, backward country of goatherds.


13 posted on 11/22/2020 6:25:50 PM PST by Viking2002 (When aliens fly past Earth, they probably lock their doors.)
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To: God luvs America

“When was the first recession?”

the Covid lockdown.


14 posted on 11/22/2020 6:26:11 PM PST by where's_the_Outrage? (Drain the Swamp. Build the Wall.)
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To: where's_the_Outrage?

” hey are pushing for Democratic leaders in Congress to reach a quick stimulus deal with Senate Republicans, even if it falls short of the larger package Democrats have been seeking, “

Liars.
The media is lying. They know the Dems will demand relief from other Americans for the failed Dem states. No matter how many Americans must suffer.


15 posted on 11/22/2020 6:27:27 PM PST by mrsmith (US MEDIA: " Every 'White' cop is a criminal! And all the 'non-white' criminals saints!")
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To: where's_the_Outrage?

This will be no joke. Trump will triumph and the US will go into meltdown for sure. The provisions you’ve set aside, the water, dry goods, ammo will all come into play


16 posted on 11/22/2020 6:29:16 PM PST by albie
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To: metmom
"fixing our eyes on Jesus, the Author and Perfecter of our faith"

Very appropriate!

17 posted on 11/22/2020 6:31:26 PM PST by ducttape45 ("Righteousness exalteth a nation; but sin is a reproach to any people." Proverbs 14:34)
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To: mrsmith
One does not have to a biblical prophet to see that bad times are ahead, even worse than what we are going thru now.

Soros will finally get his one-world government, at the expense of destroying our nation.

18 posted on 11/22/2020 6:33:36 PM PST by ducttape45 ("Righteousness exalteth a nation; but sin is a reproach to any people." Proverbs 14:34)
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To: where's_the_Outrage?

Perhaps biteme should wait until the actual election before proclaiming himself king.


19 posted on 11/22/2020 6:58:18 PM PST by Eagles6
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To: where's_the_Outrage?

It is Biden now, let the economy tank. Focus on 2022 and 2024. We can impeach in 2022 just like the Dems did President Trump.

Hunter keeps on giving


20 posted on 11/22/2020 7:08:06 PM PST by DEPcom
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