Posted on 02/01/2021 5:57:33 AM PST by Red Badger
One of President Joe Biden's economic advisers, Jared Bernstein, on Sunday claimed the American people have no interest in how the next Wuhan coronavirus relief package is passed or what's in the package.
"The president has consistently said three things: one, he is absolutely willing to negotiate; two, [Biden's] plan is scaled to have the punch to finally put these dual crises behind us, to meet the challenge of vaccine distribution, of virus control, and meeting the economic relief that is so urgent in this moment," Bernstein explained. "The cost of inaction in this moment is so high. Part three, as I mentioned, a willingness to negotiate with Republicans. ... Right now we're in a position where delay and inaction are the enemy of moving forward."
"Look, the American people really couldn’t care less about budget process, whether it’s regular order, bipartisanship, whether it’s filibuster, whether it’s reconciliation," he said. "They need relief and they need it now."
According to the economic adviser, if Congress doesn't act to quickly pass Biden's $1.9 trillion "American Rescue Plan," the country will sustain a loss of four million jobs by the end of the year.
"We risk taking a year longer to get full employment. Kids who are out of school every year, that costs their lifetime earnings north of five percent. That's a permanent ding on their ability to prosper throughout their lives," Bernstein said.
To make matters even worse, Bernstein said he "rejects" the idea that Biden's climate change actions, including killing the Keystone Pipeline, put tens of thousands of Americans out of jobs when millions of Americans are unemployed. Instead, he said Americans would soon see the benefits of a "clean energy industry."
"Not only are there many more jobs in the climate agenda – and this will be more part of the recovery act that's coming later than the rescue plan – but this is something where the market is already moving in this direction," the adviser said. He cited GM's decision last week to shift away from gas-powered vehicles as a prime example.
"This is us really picking up and trying to amplify where the market is going anyway. It's a walk and chew gum moment," Bernstein said. "... I firmly believe this a pro-growth plan. It also has to occur as we take the steps to finally get to a robust recovery where we can start building our clean energy industry."
Of course, Bernstein's solution to get those 11,000 Keystone Pipeline jobs back is by passing Biden's American Rescue Plan.
Under Biden's plan, individuals making $75,000 or less and couples making $150,000 or less would receive $1,400 per person in direct cash payments. Ten GOP senators created their own proposal, which would offer more targeted payments. Under their plan, individuals making $50,000 or less and couples making $100,000 or less would receive $1,000 per person in direct cash payments. Both plans keep the extended federal unemployment benefits and provide funding for vaccine distribution.
Biden's plan would also increase the federal minimum wage from $7.25-an-hour to $15-an-hour., which is one major concern critics have.
And they could care less about informing them.
What blather...
About as informative as “I’ll circle back...”
Where’s our $2,000/mth in the proposal? LOL! Lucy, football, Charlie Brown’d again? The populace in general that is. Promises made, promised denied. Same old song and dance and some people still don’t catch on.
Americans only care about one thing, how much do I get?
Yeah, and they aren’t even going to get that. This calls for a T-shirt and a slogan. “Biden promised me a 2000 dollar check and all I got was this crappy T shirt”.
The headline giveth, the article taketh away.
He said they don’t care how it passes (regular order or reconciliation), not that they don’t care what’s in it.
No proposal ever had 2000 a month in it.
Yes, it’s and American idiom.............
Well aoc needs to get on the ball. Uh, figuratively that is. :-)
This infantile belief in ‘green jobs’ is just dumb. These folks seem to think that, as an example, a pipeline worker is capable of changing skill sets to installing solar panels. This is because the closest thing these eggheads have come to real work is hiring the lawn guy.
The demand springs up organically and presto! New green jobs are created. At least DJT knew better, knew actual working people and the ridiculousness of the idea.
Americans only care about one thing, how much do I get?
Thank you
Yes. Why is that so hard for people to figure out? I’ve actually had some try to argue the point.
Most excellent communist-speak right there!!!
Nanzi Pelosi simply held up a relief bill for months and months.
What Pelosi did between July and December last year was disgusting.
For two reasons.
One, to hurt Trump.
Two, so that when it finally passes, they will get fill credit......................
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