if they've got $4B for that shit, THEY DON'T NEED A FEDERAL BAILOUT!!!
Posted on 01/05/2021 6:30:44 PM PST by Olog-hai
After spending most of 2020 telling small businesses to close and limit their customers, California Gov. Gavin Newsom on Tuesday proposed $4 billion worth of state spending he says will help them survive in 2021.
Newsom was the first U.S. governor to impose a statewide stay-at-home order because of the coronavirus pandemic in March, earning praise at the time for decisive action to contain the spread. But a recent surge of cases has caused those restrictions to linger into 2021, shuttering bars, restaurants, barber shops, gyms and movie theaters for months at a time while imposing strict limits on capacity inside retail stores during the year’s busiest shopping season.
Those restrictions have had an uneven impact on the world’s fifth largest economy. While people with higher incomes kept their jobs by working from home, people with lower incomes — including retail and restaurant workers — either lost their employment or were put on unpaid furlough as small business owners struggled to stay afloat during the pandemic.
Mounting frustration over Newsom’s orders — even as virus cases overwhelm hospitals — has fueled a recall effort. Newsom is set to release his new budget proposal on Friday. But Tuesday, he offered a preview by revealing more than $4 billion worth of state spending aimed at creating jobs and helping small businesses. …
(Excerpt) Read more at apnews.com ...
In Canada, the federal government will loan you the money,but the feds become a part owner.
I’m thinking Newsome is thinking this way. Those loans will not come without strings.
>>Newsom was the first U.S. governor to impose a statewide stay-at-home order because of the coronavirus pandemic in March, earning praise at the time for decisive action to contain the spread.
Didn’t work.
How does he plan on doing that if he keeps everything, and everyone locked up 24/7?
Planning is one thing, finding the taxpayers to pay for it is another. Dream on ....
Destroy the economy...then promise to fix it????
Why so stingy Gavin?
Is that all it takes, a measley 4 billion?
And the wealth gap became the wealth canyon.
“$1.5 billion — would help people purchase electric cars and create construction jobs by paying for the charging stations necessary for drivers to use them.”
Pure crazy...
They give more money than that to Pakistan and other countries which hate our guts.
Isn’t that only $100 per person? Or is my math off?
Munchausen Syndrome by Proxy is not a sensible form of government.
Your math is correct. 4ba/40ma = $100per
Anything Newson does is politicized so the money will be funneled to benefit his cronies no matter what.
Not surprising, considering that Newsom put Tom Steyer in charge of California’s recovery last year. I remember Steyer saying that the recovery would be clean, green, and equitable.
Freebies for the illegals!
It's the "Cash for Clunkers redux.
So, let's review the priority of family expenses...
Pay debts
Food, shelter, health and safety of family
Saving for the future (kids college, retirement, emergencies)
But wait, let's toss all that responsibility out and buy an electric car that we don't need (and really don't want) so we can travel halfway to our destinations.
.
if they've got $4B for that shit, THEY DON'T NEED A FEDERAL BAILOUT!!!
Just open up that state, let’r rip (virus wise) and spend the 4 bil (if needed) on subsidizing hospital and mortuary expenses.
There will probably be 3 bil left and change.
Too pragmatic for liberals.
All this is about is Newsom and his democrat criminals in the state house are setting up taxpayer pools of money for them to loot/steal. Unbridled power = unbridled corruption. A take off on Lord Acton
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