Posted on 12/31/2020 6:28:47 AM PST by Kaslin
According to a recent study by the Aspen Institute, up to 40 million Americans faced eviction towards the end of this year, no doubt due to the financial impact of COVID-19. As federal resources for unemployment and additional stimulus came to a complete halt, millions of Americans and small businesses are fighting to survive amid this widespread, government-mandated lockdown. To make matters worse, nearly 100,000 businesses that temporarily shut down because of the pandemic are now permanently out of business.
While Congress fell into the dark abyss of hyperpartisan bickering, Americans of every race and political party affiliation continued to struggle. Their communities have been forever changed by the businesses that closed their doors. For some, it has been a recurring nightmare that never ends no matter how hard you pinch yourself. However, even the self-imposed demi-gods that we call our congressmen and congresswomen should have a moment of mercy. That mercy comes in the form of another COVID-19 relief package to help struggling Americans and small businesses.
The original proposed bill, which was over 5,000 pages long, included $600 stimulus checks for Americans, $300 in weekly unemployment supplements and $284 billion in small business loans, also known as the PPP program, which helped keep many small businesses afloat following the initial lockdowns in early 2020. While the PPP stimulus is certainly helpful for small businesses, President Trump voraciously objected to the $600 stimulus amount and demanded for $2,000 checks. House Republicans initially rejected the measure, but they have now come around to Trump's demand and have joined their Democratic colleagues in passing the amended bill. With the bill headed to the U.S. Senate, all eyes are on Majority Leader Mitch McConnell, who has started to break rank from Trump. Hopefully, however, this will be a victory for Trump and, most importantly, a victory for millions of American families.
There remains one question: What happens when this money runs out? With the threat of a new strain of COVID-19 from the U.K., one that doctors already warn could be lurking in the U.S. undetected and awaiting discovery in some unfortunate soul, mass panic could result and another shutdown of the U.S. economy could occur, putting us closer to the brink of economic collapse.
While Americans are thankful for relief, I can't help but wonder how long it will last. There are so many, particularly those in our rural and urban areas, who are truly going to have a difficult time. Some will be forced to stretch funds while looking for work from businesses that might otherwise have hired them, businesses that are now fighting to stay afloat and doing everything to keep their current employees on the payroll.
Perhaps this is a spiritual dilemma; perhaps COVID-19 is a test to our national and global humanity. Is there something that we should learn at this moment? I believe firmly that there is, and as we prepare for the possibility that things could get worst, we must humble ourselves to our vulnerability as human beings. Perhaps before COVID, that was easier said than done, but I think that the recent rampant loss of life has humbled us all. How can anyone take life for granted after what we've gone through, especially with the looming possibility of more? This reality should force us all to our knees to give praise, thanks and glory to the almighty.
As you move forward with a second round of relief from Congress, preserve what you can and stock up on essentials because it's possible that the worst is yet to come. It's possible that while the relief is better late than never, we could realize that it's not enough. We may soon realize that some resources aren't as finite as we once thought. But the question again, as I've alluded to throughout this column is: Are we ready, or is it too late?
Last chance for Trump he needs to rescind his national emergency federal state disaster declaration order.
This declaration order gives
the Biden administration and the Democratic party power to unleash hell and fury upon this once great the land of ours He owes it to his own supporters,who has given him much blood and treasure over the years in supporting him and his Presidency does leave this nation he claims to love to its demise? Or will he do the right thing and bring back freedom, liberty,the very rule of law? as He claimed too have always stood for?
Yeah, printing another couple of trillion dollars, to "help" people who wouldn't need it if the same government hadn't actively destroyed their livelihoods and economic well-being. I'm not sure there's any "better" about it. As if $600, or even $2000, is going to make any difference to someone who no longer has the job or business that was paying them $30,000 or more, per year.
All that has happened is that the government has brought financial ruin to millions of Americans, and has now burdened everyone with another enormous debt. And the best part is, the government has absolute control over that money (fake though that money may be), and the people they're "helping" have less money, and less control over it, than they did before. The American people are slowly but surely being broken, and having everything - money, assets, rights - taken from them by their own government.
Well I guess I used some HTTP in that post by mistake.
..As if $600, or even $2000, is going to make any difference to someone who no longer has the job or business that was paying them $30,000 or more, per year. —————————————
And what is someone who hasn’t been impacted financially from this going to gain through an additional $1,200. Sure its nice to finally “git some”, but it is either going on the car loan or just into the bank.
I am not going to run out and do anything special with it.
I guess we could all donate it to some charity where it will do some good—but my guess is most of it is going to be used to buy crap from China. That is not exactly “stimulating.”
The narrative is all wrong. The Omnibus spending bill is an ordinary pork laden spending bill that has some Covid related provisions attached.
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