Posted on 12/17/2020 6:42:39 AM PST by ChicagoConservative27
Federal Reserve Chairman Jerome Powell said Wednesday that the US economy urgently needs more relief from Congress as COVID-19 cases surge.
Democratic and Republican leaders are wrangling over details for stimulus legislation ahead of a Friday government funding deadline.
“The case for fiscal policy right now is very, very strong and I think that’s widely understood,” Powell said following a Federal Reserve meeting, the New York Times reports.
(Excerpt) Read more at nypost.com ...
Turn OFF the damned printing press and turn ON the Economy.
Money printer go BRRRR...
Here comes Porkulus 2.0, brought to you by Speaker Pelosi and Majority Leader Schumer, and signed by Biden on orders from Obama.
TARP-Yes
Cash for Clunkers 2.0- Yes
Infrastructure programs that reward union labor-Yes
Bailouts for Dem cities/states-yes
Student loan forgiveness-yes
End of state wide “act 10” provisions-yes
Voting “reform”-yes
Pork for Dem Congressmen/Senators-YES YES YES
I forgot they will also rebirth Obamacare as part of this. Individual mandate will come back.
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