The D bailout plan sounds disastrous. There was much talk on the shows today, but sadly I missed most of it.
What’s your take. I can’t imagine DjT signing on. Senate Rs shouldn’t be so stupid either, but we know how that can go.
What pushback was offered ?
I think the Dems are in a losing position however there are some Never Trumpers who would sign on just to put a knife in Trumps back. I don’t trust the GOP-E not to cave simply “because we have to do something”. Why they NEVER realize that applies just as much to the Dems I do not know.
Just cannot understand “Conservative Inc” they want the money to go to their pet groups so they are lining up with Dems to grow government on this.
Better idea, GIVE THE PEOPLE BACK THEIR MONEY. If large number of people stop paying their bills all at once, we going to have the worse credit crunch since the 1930s.
I don’t think most people realize most business does NOT have a large pile of money they are sitting on. They have creditors too they borrowed from to expand plants and product the last few years. If people cannot buy and sell goods those businesses are going to go bankrupt, If large numbers of businesses cannot pay their creditors because no one is buying or paying their bills that is to bankrupt them.
A credit crunch would cause the fast downward spiral for the economy possible.